https://www.avient.com/sites/default/files/2023-01/Mevopur Healthcare Functional Additives for Bormed Resins Application Bulletin.pdf
MEVOPUR COLORANTS • Standard colors in PP and PE to shorten time-to-market • Custom colors matched to Pantone, RAL or other color reference • White colorants for pharmaceutical packaging for LDPE, HDPE and PP with opacity to reach USP chapter MEVOPUR FUNCTIONAL ADDITIVES • Antistatic formulation with good flow/impact for injection molding • Amide- and amine-free antistatic for film in contact with API (Active Pharmaceutical Ingredients) • UV blocking for transparent PP and PE packaging to meet USP chapter • Non-migrating friction reduction/processing aid for PE and PP • Laser marking/welding additive for fast, reliable marking/assembly • MVTR (Moisture Vapor Transmission Rate) reduction for HDPE to improve shelf-life • Thermal protection of the polymer during processing • Gamma/e-beam sterilization protection for PP (up to 50kGy) with color compensation for reduced yellowing REGULATORY SUPPORT • Raw materials tested to: - ISO 10993-1 and USP biological evaluation - European Pharmacopeia 3.1.3/3.1.5 (polyolefin) - USP (polyethylene) - ICH Q3D elemental impurities • Registered Drug Master File (Type III) and/or Device Master File • Food contact established with FDA/EU* APPLICATION BULLETIN * FDA/EU compliance information available upon request Bormed™ is a registered trademark of Borealis Healthcare use limitations apply—see below.
https://www.avient.com/sites/default/files/resources/Novel_Thermoplastic_Elastomers_with_Universal_Bonding_Characteristics.pdf
For example, a TPE that can bond to PC does not bond to PP, vice versa.
The failure mode is cohesive on PP and adhesive on all other substrates.
TPE-1A adhesion values overmolded onto PP, PC and ABS over a wide range of melt temperatures.
https://www.avient.com/sites/default/files/2021-10/gls-tpes-with-antimicrobial-technologies-product-bulletin.pdf
PRODUCT BULLETIN VERSAFLEX™ GP 2810-40N AM VERSAFLEX™ CE 3120-65* AM ONFLEX™ LO 7120-45 AM Applications Personal care grips Consumer packaging Consumer electronics Charging stations HVAC seals Cup holder mats Color Natural Natural Natural Durometer, Shore A 45 66 45 Specific Gravity (kg/m3) 0.87 1.14 1.13 Tensile Strength (PSI) 650 1200 585 Elongation % 700 600 685 Modulus @ 300% |(PSI) 260 585 300 Injection Moldable Yes Yes Yes OM Substrate PP PC, ABS, PC/ABS, COPE PP TECHNICAL PROPERTIES *UL listing does not apply; testing can be completed if required by the customer Copyright © 2021, Avient Corporation.
https://www.avient.com/sites/default/files/2021-03/wet-grip-tpe-surfco-case-study.pdf
Building on the design concept from SurfCo, Avient conducted additional R&D work to formulate a specialty thermoplastic elastomer (TPE) that could be coextruded with polypropylene (PP) film and meet the high expectations of SurfCo and surfers everywhere.
The customized TPE offered excellent hydrophobic qualities and similar melt strength to PP while still maintaining its key mechanical properties.
https://www.avient.com/sites/default/files/2022-06/Maxxam FR Injection Molding Processing Guide.pdf
Barrel Temperatures °F (°C) PP Mineral-Filled PP Glass-Filled PP HDPE LDPE Rear Zone 360–390 (182–200) 400–420 (204–216) 415–435 (213–224) 400–420 (204–216) 370–390 (188–199) Center Zone 370–400 (188–204) 410–430 (210–221) 425–445 (218–229) 410–430 (210–221) 380–400 (193–204) Front Zone 390–410 (200–210) 420–440 (216–227) 435–455 (224–235) 420–440 (216–227) 390–410 (199–210) Nozzle 400–425 (204–219) 415–435 (213–224) 430–450 (221–232) 430–450 (221–232) 400–425 (204–219) Melt Temperature 400–425 (204–219) 415–435 (213–224) 430–450 (221–232) 430–450 (221–232) 400 - 425 (204–219) Mold Temperature °F (°C) 60–120 (16–49) Pack & Hold Pressure 50–75% of injection pressure Injection Velocity (in/s) 1.0–3.0 Back Pressure (psi) 50–100 Screw Speed (rpm) 30–100 Drying Parameters Hours @ °F (°C) Not typically required.
Drying non-halogenated materials is suggested. 2 hours @ 100 (38) Moisture Range (%) Not required
Follow up by purging machine with general purpose PP • Residence time should not exceed 5 minutes for Maxxam FR products • General ventilation is suggested Shut Down • Purge the equipment with a general purpose PP • All tooling and equipment must be free of any residual Maxxam FR upon shut down • Continue generating parts made from the natural PP until clear • Wipe down tool steel with mold cleaner • When using a hot runner system, care must be taken to remove residual product from the manifold MOLD DESIGN RECOMMENDATIONS Cold Slug Wells • Place cold slug wells at the base of the sprue to capture the cold material first emerging from the nozzle • Place cold slug wells at every 90° bend in the runner system • Well depths approximately 2–3 times the diameter of the runner provide best results Draft Angle • Draft angle should be 1/2°–1° per side.
https://www.avient.com/sites/default/files/2024-03/Alternatives to Nylon 6_6 Brochure %281%29.pdf
Did you know that with the right formulation, you can achieve properties that are as good or better than that of PA 6,6 using materials such as PA 6, PK, PBT/PET, PP, polymer blends and even post-industrial recycled blends?
PA 6,6 Lower toughness properties Higher density Lower short- and long-term temperature resistance Lower hydrolysis resistance PP | POSSIBLE APPLICATIONS: Automotive, Consumer Goods, Lightweighting Applications BENEFITS VS.
PA 6,6 Lower temperature resistance Lower mechanical properties POST-INDUSTRIAL RECYCLED SOLUTIONS (PA 6,6/PA 6/PP) | POSSIBLE APPLICATIONS: Automotive Accessories, Industrial, Consumer & Sporting Goods BENEFITS VS.
https://www.avient.com/sites/default/files/resources/Investor%2520Day%2520-%2520May%25202012%2520-%2520Welcome%2520and%2520Introduction.pdf
Hanna consolidate • Cultures clash – commodity wins • Dependent on income derived from commodity joint ventures The First 6 Years • Globally organized along three strategic platforms • Non-core equity investment dispositions • Talent upgrades, discipline instilled throughout organization • New CEO hired to transform POL into specialty business �18 of 20 officers new • Implemented four pillar strategy • Nearly 50% of The Second 6 Years History of PolyOne – A Transformation • Focused on increasing volume, not profits • Heavily tied to cyclical markets 2000 2006 2012 The FormationThe Formation The TransformationThe Transformation The New PolyOneThe New PolyOne organization • Demonstrated ability to deliver • Nearly 50% of business operating income derived from Specialty Platform* • Specialty assets acquired *Pro forma for ColorMatrix acquisition Page 8 30% 50% 70% 90% $10 $12 $14 $16 $18 PolyOnePolyOne Stock Price S&P 500 (relative performance) Strategy and Execution Drive Results | | | | -50% -30% -10% 10% 30% $0 $2 $4 $6 $8 $10 2006 2007 2008 2009 2010 2011 2012 Page 9 Four Pillar Strategy The World’s Premier Provider of Specialized Polymer Materials, Services & Solutions Page 10 60% 80% 100% % o f O p e ra ti n g I n co m e * Old PolyOne Transformation 2012 Target “What We Said” Mix Shift Highlights Specialty Transformation Ahead of Schedule *Operating Income excludes Corporate Charges ** Pro Forma for the acquisition of ColorMatrix and divestiture of SunBelt 2% 34% 42% 50% >50% 0% 20% 40% 2005 2008 2011 2011** 2012 % o f O p e ra ti n g I n co m e * JV's PP&S Distribution Specialty Specialty OI $5M $46M $89M $117M “What We Said” Page 11 2007 2012 Target 2011 “Where we were” “What we said” “Where we are” 1) Operating Income % Specialty 3.2% 10% - 12% 8.9% PP&S 6.1% 8% - 10% 7.2% Pro forma ColorMatrix Proof of Performance Distribution 3.0% 4% - 5% 5.6% 2) Specialty Platform sss% of Operating Income 20% >50% 50% 3) Specialty Vitality Index 21% 35% - 40% 49% 4) ROIC* (pre-tax) 11% >15% 16% 5) Sales outside the US 37% >40% 40% *ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period Page 12 2011 Pro forma ColorMatrix 2015 Target “Where we are” “Where we expect to be” 1) Operating Income % Specialty 8.9% PP&S 7.2% 12 – 16% 9 – 12% Elevating our Expectations and Yours PP&S 7.2% Distribution 5.6% 2) Specialty Platform % of Operating Income 50% 3) ROIC* (after-tax) 10% 4) Adjusted Annual EPS Growth 3 yr CAGR = 71% 9 – 12% 6 – 7.5% 65 – 75% 15% Double Digit Expansion *ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period Page 13 • Four pillar strategy, coupled with our ability to execute is driving results • Strong leadership team driving growth & executing • Innovation and services provide differentiation and How do we get there?
EPS: $2.50 Assumptions • High single digit organic revenue CAGR • Operating margins in mid range of 2015 targets • Housing starts at 85% of 50 year norm by 2015 • No investment in incremental PP&S capacity • Completion of 2-3 midsize accretive acquisitions • No divestitures • Remain comfortably below 3X Net Debt / EBITDA • No global recession 2011 Rev: $2.9B Adj.
https://www.avient.com/sites/default/files/2025-01/Maxxam NHFR Non-Halogen Flame Retardant Polyolefins - Product Selector Guide EMEA.pdf
Product Name H15 H XF V2 70 MF5200-5004 NHFR V2 HS MF5200-5005 NHFR V2 RS H MF5200-5006 NHFR V2 RS HS H6 H XF V0 70 H20 H XF V0 T 70 H6 T/05 H XF V0 70 H6 T/10 H XF V0 70 H6 T/20 XF V0 T 70 H6 GF/10 XF V070 H8 GF/20 XF V0 70 H12 GF/25 H XF V0 70 H6 GF/30 XF V0 70 PE H XF V0 70 Polymer PP PE Flammability V2 V2 V2 V2 V0 V0 V0 V0 V0 V0 V0 V0 V0 V0 UL Listed No No No No No No No No No No No No No Yes Reinforcement Unfilled Unfilled Talc Talc Unfilled Unfilled Talc Talc Talc Glass Filled Glass Filled Glass Filled Glass Filled Unfilled Density (g/cm3) 1.03 0.9 0.98 1.05 1.07 1.06 1.08 1.15 1.16 1.11 1.25 1.32 1.35 1 MFI, 230°C/2.16 kg 13 20 23 20 5.5 20 6 6 6 6 7 12 5.5 E-Modulus (Tensile Modulus - Mpa) 1900 1500 2400 2600 2500 2500 2500 3000 3000 4300 6500 7500 8250 2000 Tensile Strength (Mpa) 25 30 32 30 26 20 26 25 23 55 70 75 78 20 Elongation (%)
Product Name C10 XF V2 70 C10 H XF V0 70 C10 H XF V0 T C10 T/10 XF V0 70 C10 T/20 XF V0 70 C6 GF/30 H XF V0 70 C2 GF/20 XF V0 T 70 C6 GF30 H UV XF V0 70 GREY X2 70 GREY X3 70 Resin Chemistry COPO HOMO + COPO Polymer PP Flammability V2 V0 V0 V0 V0 V0 V0 V0 V0 V0 UL Listed No No No No No Yes No No No No Reinforcement Unfilled Unfilled Unfilled Talc Talc Glass Filled Glass Filled Glass Filled Glass Filled Glass Filled Density (g/cm3) 1.01 1.06 1.09 1.16 1.28 1.35 1.23 1.38 1.24 1.25 MFI, 230°C/2.16 kg 7 10 10 9 10 4.5 2.5 4.5 4 0 E-Modulus (Tensile Modulus - Mpa) 1800 1500 1300 1500 2400 8000 5000 8000 5250 6000 Tensile Strength (Mpa) 18 15 20 15 15 60 45 60 40 45 Tensile Strain at Break (ISO 527-2) (%) 63
We also provide options for custom formulations using recycled polypropylene (PP) and polyethylene (PE). 1.844.4AVIENT www.avient.com Copyright © 2025, Avient Corporation.
https://www.avient.com/sites/default/files/2020-08/magiq-non-woven-electret-plus-product-bulletin-cn-1-.pdf
MagIQ_Non-Woven_Electret_Plus_Product_Bulletin-CN MagIQ™无纺驻极添加剂 应用于防护口罩的功能性母料 口罩组成 结构 材料 方法 功能 S(纺粘) 外层 PP M(熔喷) 中间层 PP S(纺粘) 外层 PP 纺粘无纺布 防水、防止飞沫粘附 熔喷无纺布 过滤空气中微生物、颗粒和飞沫 纺粘无纺布 吸水、吸收呼吸产生的水蒸气 驻极母粒是一种应用于生产聚丙烯熔喷无 纺布的材料,可用于制作具有持久过滤性 能的防护口罩。
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520Sidoti%2520wNonGAAP%2520Rec.pdf
Page 3 Strategy and Execution Drive Results 90% $22 $24 PolyOne Stock Price 50% 70% $18 $20 $22 S&P 500 (relative performance) 30% $12 $14 $16 S&P 500 (relative performance) ‐10% 10% $6 $8 $10 50% ‐30% $0 $2 $4 $ | ‐50%$0 2006 2007 2008 2009 2010 2011 2012 2013 Page 4 Four Pillar Strategy The World’s Premier Provider of SpecializedThe World s Premier Provider of Specialized Polymer Materials, Services & Solutions Page 5 Spartech – Compelling Strategic Rationale • Spartech expands PolyOne’s specialty portfolio with adjacent technologies in attractive end markets Bolt on acquisition with opportunity for global expansion as only Bolt‐on acquisition with opportunity for global expansion, as only 6% of Spartech’s revenues are outside of North America • PolyOne has a proven management team with a track record of transformational success • Preliminary synergy estimated at $65 million run rate by end of 3year 3 Significant opportunity to expand profitability by leveraging PolyOne’s four pillar strategy • Substantial potential share price appreciation for all shareholders f f ll / $ Accretive to EPS in first full year post‐acquisition / $0.50 once synergies realized Page 6 Mix Shift Highlights Specialty Transformation Old PolyOne Transformation 100% 2015 Target 80% In co m e* 65 – 75%40% 60% f O pe ra tin g 34% 43% 45% 65 75% 20% % o f 2%0% 2005 2008 2010 2012 2015 Specialty OI $5M $46M $87M $114M Target *Operating Income excludes corporate charges and special items JV's PP&S Distribution Specialty Page 7 Proof of Performance 2007 2012 2015 “Where we were” “Where we are” “Where we Where we were Where we are expect to be" 1) Operating Income % Specialty 3.2% 9.1% 12 – 16% PP&S 6.1% 9.0% 9 – 12% Distribution 3.0% 6.4% 6 – 7.5% 2) Specialty Platform sss% of Operating Income 20% 45% 65 – 75% 3) ROIC* ( ft t ) 7% 11% 15%3) ROIC* (after‐tax) 7% 11% 15% 4) Adjusted EPS Growth** N/A 4 yr CAGR = 55% Double Digit Expansion *ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period **4 yr EPS CAGR calculated using 2012 adjusted EPS vs 2008 adjusted EPS Page 8 Proof of Performance Spartech Opportunity Intermediate PolyOne Spartech Opportunity 2006 2012 Today Goal “Where we were” “Where we are” “Where Spartech is”* “Where we can go”were are Spartech is can go Specialty Operating Margin 1.5% 9.1% 2.2% 8.0% – 10.0% Margin Page 9 *Pro Forma results include Spartech corporate allocations for FY12 ended November 3, 2012 At a Glance PolyOne Europe 14% Canada 8% Asia 5% Latin America 3% Distribution 2012 Revenues: $4.2 Billion* 2012 Revenues: $4.2 Billion* United States 70% 14% 5% PP&S 20%Specialty 57% 23% 70% Appliance 5% Building & HealthCare Transportation 16% Textiles 2% 1.02 1.20 $1.20 $1.40 ha re End Markets* EPS Growth g Construction 14% Wire & Cable 8% Consumer 8% Packaging 17% Industrial 11% Misc. 6% 9% 0.27 0 21 0.79 $0.40 $0.60 $0.80 $1.00 Ad ju st ed E ar ni ng s P er S Electrical & Electronics 4% 0.12 0.21 0.13 $0.00 $0.20 2006 2007 2008 2009 2010 2011 2012 Page 10 * Pro Forma includes FY2012 results for Spartech (11/03/12 YE) and Glasforms At a Glance Specialty U it d 2012 Revenues: $2.4 Billion* Solutions United States 59% Europe 23% Asia Canada 4% Asia 9% Latin America 5% Appliance 4% Building & C t ti HealthCare 5% Transportation 16% Textiles 2% % o f S al es 12-16% End Markets* Expanding Profits Construction 11% Wire & Cable 7% Electrical & Electronics Packaging 23% Industrial 7% Misc. 15% 1.5% 3.2% 4.3% 5.3% 8.4% 9.1% O pe ra tin g In co m e % 8.0% Electronics 4% Consumer 6% Page 11 2006 2007 2008 2009 2010 2011 2012 2015 O Target* Pro Forma includes FY2012 results for Spartech (11/03/12 YE) and Glasforms At a Glance Designed Structures and Solutions United States 2012 Revenues: $0.85 Billion* Solutions 84% Europe 2% Canada 7% Latin America 7% Appliance 4% Building & Construction 11% Wire & Cable Sign & Advertising 3% Recreation & Leisure 2% Pool & Spa 1% Distribution & Thermoform 8% Textiles 2% Operating Income % of Sales 2012 Revenue by Industry Segment* Expanding Profits** Wire & Cable 7% Electrical & Electronics 4% Consumer 6% Packaging 23%Industrial 7% Transportation 16% 3% 2.2% 8 ‐ 10% 7% Misc. 1% HealthCare 5% 2012 2015 Target Page 12 *Pro Forma includes FY2012 results for Spartech (11/03/12 YE) **Pro Forma results include Spartech corporate allocations for FY12 Positioned for Earnings Growth 2015 Target Rev: $5B Adj.
EPS: $2.50 Assumptions • High single digit organic revenue CAGR • Operating margins in mid range of 2015 targets • No global recession• No global recession • No investment in incremental PP&S capacity • Completion of 2‐3 midsize accretive acquisitions • No divestitures • Housing starts at 85% of 50 year norm by 2015 R i f t bl b l 3X N t 2012 $ • Remain comfortably below 3X Net Debt / EBITDA Page 13 Rev: $3.0B Adj.
Platform operating income mix percentage 2005Y 2006Y 2007Y 2008Y 2009Y 2010Y 2011Y Global Specialty Engineered Materials $ 0.4 $ 3.9 $ 4.9 $ 17.6 $ 20.6 $ 49.7 $ 45.9 Global Color, Additives and Inks 4.3 8.9 25.7 28.1 25.2 37.7 43.4 Specialty Platform $ 4.7 $ 12.8 $ 30.6 $ 45.7 $ 45.8 $ 87.4 $ 89.3 Performance Products and Solutions 75.7 64.2 65.8 31.3 33.1 54.0 62.4 Distribution 19.5 19.2 22.1 28.1 24.8 42.0 56.0 SunBelt Joint Venture 91.9 102.9 34.8 28.6 25.5 18.9 5.0 Corporate (51.5) 34.5 (73.3) (425.1) 7.9 (27.7) 20.3 Operating income (loss) GAAP $ 140.3 $ 233.6 $ 80.0 $ (291.4) $ 137.1 $ 174.6 $ 233.0 Less: Corporate operating expense (income) 51.5 (34.5) 73.3 425.1 (7.9) 27.7 (20.3) Operating income excluding Corporate $ 191.8 $ 199.1 $ 153.3 $ 133.7 $ 129.2 $ 202.3 $ 212.7 Specialty platform operating mix percentage 2% 6% 20% 34% 35% 43% 42% Platform operating income mix percentage 2012Y Global Specialty Engineered Materials $ 47.0 Global Color, Additives and Inks 66.8 Specialty Platform $ 113.8 Performance Products and Solutions 74.9 Distribution 66.0 Corporate (87.6) Operating income GAAP $ 167.1 Less: Corporate operating expense 87.6 Operating income excluding Corporate $ 254.7 Specialty platform operating mix percentage 45% Platform sales and operating income (OI) 2006Y 2007Y 2008Y 2009Y 2010Y 2011Y Global Specialty Engineered Materials Sales $ 345.3 $ 384.4 $ 514.0 $ 402.9 $ 517.4 $ 575.1 Global Color, Additives and Inks Sales 531.8 560.5 554.3 459.8 527.4 544.6 Specialty Platform Sales $ 877.1 $ 944.9 $ 1,068.3 $ 862.7 $ 1,044.8 $ 1,119.7 Performance Products and Solutions Sales 1,166.2 1,086.8 1,001.4 667.7 776.3 865.4 PolyOne Distribution Sales 732.8 744.3 796.7 625.1 911.9 996.5 Corporate and Eliminations (153.7) (133.3) (127.7) (94.8) (111.1) (118.1) Total Sales $ 2,622.4 $ 2,642.7 $ 2,738.7 $ 2,060.7 $ 2,621.9 $ 2,863.5 Global Specialty Engineered Materials OI $ 3.9 $ 4.9 $ 17.6 $ 20.6 $ 49.7 $ 45.9 Global Color, Additives and Inks OI 8.9 25.7 28.1 25.2 37.7 43.4 Specialty Platform OI $ 12.8 $ 30.6 $ 45.7 $ 45.8 $ 87.4 $ 89.3 Performance Products and Solutions OI 64.2 65.8 31.3 33.1 54.0 62.4 PolyOne Distribution OI 19.2 22.1 28.1 24.8 42.0 56.0 Sunbelt Joint Venture OI 102.9 34.8 28.6 25.5 18.9 5.0 Corporate and eliminations (4.6) (25.5) (28.9) (40.8) (32.5) (26.4) Special items in OI 39.1 (47.8) (396.2) 48.7 4.8 46.7 Operating income (loss) GAAP $ 233.6 $ 80.0 $ (291.4) $ 137.1 $ 174.6 $ 233.0 Sunbelt equity income (107.0) (40.8) (32.5) (29.7) (23.1) (5.7) Special items in OI (39.1) 47.8 396.2 (48.7) (4.8) (46.7) Operating income adjusted $ 87.5 $ 87.0 $ 72.3 $ 58.7 $ 146.7 $ 180.6 Global Specialty Engineered Materials - OI % of sales 1.1% 1.3% 3.4% 5.1% 9.6% 8.0% Global Color, Additives and Inks - OI % of sales 1.7% 4.6% 5.1% 5.5% 7.1% 8.0% Specialty platform OI - % of sales 1.5% 3.2% 4.3% 5.3% 8.4% 8.0% PP&S operating OI - % of sales 5.5% 6.1% 3.1% 5.0% 7.0% 7.2% Distribution OI - % of sales 2.6% 3.0% 3.5% 4.0% 4.6% 5.6% PolyOne OI adjusted - % of sales 3.3% 3.3% 2.6% 2.8% 5.6% 6.3% Platform sales and operating income (OI) 2012Y 2012PF Global Specialty Engineered Materials Sales $ 543.6 $ 779.5 Global Color, Additives and Inks Sales 703.5 753.8 Designed Structures & Solutions 847.4 Specialty Platform Sales $ 1,247.1 $ 2,380.7 Performance Products and Solutions Sales 837.0 902.8 PolyOne Distribution Sales 1,030.3 1,030.3 Corporate and Eliminations (121.8) (121.8) Total Sales $ 2,992.6 $ 4,192.0 Global Specialty Engineered Materials OI $ 47.0 Global Color, Additives and Inks OI 66.8 Specialty Platform OI $ 113.8 Performance Products and Solutions OI 74.9 PolyOne Distribution OI 66.0 Corporate and eliminations (33.7) Special items in OI (53.9) Operating income - GAAP $ 167.1 Special items in OI 53.9 Operating income adjusted $ 221.0 Global Specialty Engineered Materials - OI % of sales 8.6% Global Color, Additives and Inks - OI % of sales 9.5% Specialty platform OI % of sales 9.1% PP&S operating OI % of sales 9.0% Distribution OI % of sales 6.4% PolyOne OI adjusted, % of sales 7.4% Adjusted EPS 2006Y 2007Y 2008Y 2009Y 2010Y 2011Y 2012Y Net Income attributable to PolyOne common shareholders $ 130.9 $ 40.9 $ (417.0) $ 106.7 $ 162.6 $ 172.6 $ 71.9 SunBelt equity earnings, after tax (68.5) (26.1) (20.8) (19.0) (14.7) (3.7) - Special items, after tax (21.2) 41.4 310.0 (31.0) 15.8 (30.5) 35.7 Tax adjustments (30.0) (30.7) 147.2 (44.9) (88.3) (42.3) 0.5 Adjusted net income $ 11.2 $ 25.5 $ 19.4 $ 11.8 $ 75.4 $ 96.1 $ 108.1 Diluted shares 92.8 93.1 92.7 93.4 96.0 94.3 89.8 Adjusted EPS $ 0.12 $ 0.27 $ 0.21 $ 0.13 $ 0.79 $ 1.02 $ 1.20 Average Debt Q4 2011 Q1 2012 Q2 2012 Q3 2012 Q4 2012 Average PolyOne Debt $ 707.0 $ 706.4 $ 705.8 $ 705.2 $ 706.9 $ 706.3 Average Equity Q4 2011 Q1 2012 Q2 2012 Q3 2012 Q4 2012 Average PolyOne shareholders’ equity $ 588.3 $ 611.3 $ 604.3 $ 629.3 $ 629.1 $ 612.5 Adjusted EBITDA 2012 PolyOne Income before income taxes $ 113.0 PolyOne Interest expense, net 50.8 PolyOne Depreciation and amortization 69.8 PolyOne Special items in EBITDA 55.1 PolyOne Adjusted EBITDA $ 288.7 Pro forma Spartech EBITDA * 56.3 Pro forma EBITDA * $ 345.0 * Amount excludes expected synergies.