https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520-%2520KeyBanc%2520Conference%2520w%2520nonGAAP.pdf
S&P 500
-150%
-50%
50%
150%
250%
350%
450%
550%
POL S&P 500
All time high of
$43.34
July 1st, 2014
PolyOne Corporation Page 9
2006 2014 YTD 2015
“Where we were” “Where we are” Target
1) Operating Income %
Specialty:
Global Color, Additives & Inks 1.7% 15.2% 12 – 16%
Global Specialty Engineered
Materials
1.1% 11.8% 12 – 16%
Designed Structures & Solutions -- 7.1% 8 – 10%
Performance Products &
Solutions
5.5% 8.0% 9 – 12%
Distribution 2.6% 6.0% 6 – 7.5%
2) Specialty Platform % of
Operating Income
6.0% 66% 65 – 75%
3) ROIC* 5.0% 9.9% 15%
4) Adjusted EPS Growth N/A 40%
Double Digit
Expansion
Proof of Performance & 2015 Goals
*ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period
(Est. in 2012)
PolyOne Corporation Page 10
Bridge to $2.50 Adjusted EPS by 2015
2015 EPS: $2.50
2013 EPS: $1.31
Continued Gross Margin
Expansion
Mergers & Acquisitions
Spartech Accretion
Incremental Share Buybacks
Ongoing LSS Programs
(50-100 bps/yr)
Accelerated Innovation
& Mix Improvement
Several Levers to
Drive Growth
Mid Single Digit Revenue CAGR
PolyOne Corporation Page 11
Innovation Drives Earnings Growth
*Percentage of Specialty Platform revenue from products introduced in last five years
$20
$53
2006 2013
Research & Development
Spending
($ millions)
Specialty Platform
Vitality Index
Progression*
14.3%
30.7%
2006 2013
Specialty Platform
Gross Margin %
19.5%
43.0%
2006 2013
Specialty Vitality Index Target ≥ 35%
PolyOne Corporation Page 12
Prototype Frame
Opportunity
Scale-up &
Test Market
Build
Business Case
Commercial
Launch
Phase
1
Phase
2
Phase
3
Phase
4
Phase
5
4
11
5
10
6
9
3 4 2
15
9
1
10
4
Breakthrough
Platform
Derivative
A Rich Pipeline of Opportunity*
Number of Projects 25 14 19 17 18 93
Addressable Market
($ millions)
TBD TBD $800 $450 $450 $1,700
*Pipeline as of May 29, 2014 as presented during our Innovation Day
PolyOne Corporation Page 13
Megatrends Aligned with Key End Markets
Decreasing
Dependence
on Fossil
Fuels
Protecting
the
Environment
Improving
Health and
Wellness
Megatrend End Markets
Globalizing
and
Localizing
Health &
Wellness
Transportation
Packaging
Consumer
PolyOne Corporation Page 14
60%
100%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2008 2014
Pension Funding**
As of June 30, 2014
Debt Maturities & Pension Funding – 6/30/14
Net Debt / EBITDA* = 1.8x
$48
$317
$600
$0
$100
$200
$300
$400
$500
$600
$700
$800
2015 2020 2023
Debt Maturities
As of June 30, 2014
($ millions)
Coupon Rates: 7.500% 7.375% 5.250%
** includes US-qualified pension plans only *TTM 6/30/2014
PolyOne Corporation Page 15
Free Cash Flow and Strong Balance Sheet
Fund Investment / Shareholder Return
$0.16
$0.20
$0.24
$0.32
$0.10
$0.20
$0.30
$0.40
2011 2012 2013 2014
Annual Dividend
Expanding our sales, marketing,
and technical capabilities
Targets that expand our:
• Specialty offerings
• End market presence
• Geographic footprint
• Operating Margin
Synergy opportunities
Adjacent material solutions
Repurchased 1.8 million shares in
Q2 2014
Repurchased 8.2 million
shares since early 2013
11.8 million shares are
available for
repurchase under the
current authorization
Organic
Growth
Acquisitions
Share
Repurchases
Dividends
Investing in operational and
LSS initiatives (including
synergy capture)
Manufacturing alignment
PolyOne Corporation Page 16
PolyOne Core Values
Innovation
Collaboration
Excellence
PolyOne Corporation Page 17
The New PolyOne: A Specialty Growth Company
Why Invest In PolyOne?
Strong past performance demonstrates that our strategy and
execution are working
Megatrends and emerging opportunities align with our strengths
Innovation and services provide differentiation, incremental pricing
power, and competitive advantage
Strong and proven management team driving growth and
performance
Addressable market exceeds $40 billion
Schedule I
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(Dollars in millions, except per share data)
Below is a reconciliation of non-GAAP financial measures to the most directly comparable measures calculated and presented
in accordance with U.S.
https://www.avient.com/sites/default/files/2023-12/Avient_ProdStewardship_Policy_Dec_18_2023.pdf
Setting goals and objectives that drive continual improvement and
check effectiveness of risk reduction measures in product safety
and stewardship
Consider environmental, health and safety impacts into product
design, manufacture, use, reuse, recycling and disposal
Promote openness and two-way communication with key
stakeholders regarding environmental, health and safety measures
and risks associated with use, storage, transportation and disposal
of our products.
https://www.avient.com/sites/default/files/2023-03/2023 Avient Bookmarked Proxy Statement - FINAL.pdf
Safety and Health
The top priority at Avient is the safety and health of our associates, and our ultimate goal is to operate
injury free.
The second independent source of data that we used to augment the peer proxy analysis was the
Consultant’s analysis of competitive market data relating to other applicable general industries.
The CEO makes his recommendations in conjunction with the marketplace
data.
https://www.avient.com/sites/default/files/2022-04/Sustainable Material Answers_ Recycled PET 2022.pdf
SHEET
RAW MATERIAL
SUPPLIERS
PET BOTTLE
PET PREFORM
THERMOFORMERS BRAND
OWNERS
RETAILERS
CONSUMERS
LOCAL WASTE
MANAGEMENT
SORTING
COMPANIES
RECYCLING
COMPANIES
REGULATION
BODIES
NIAS
COMPLIANT
Why is PET
so Popular?
Sheet & Film—Sheets and films made
of PET are another major use case.
PET
sheets can be used to make a variety of
plastic products and film is often used
for tape backing, plastic wrap, medical
packaging, and protective coating on
windows.
https://www.avient.com/sites/default/files/2025-02/Hammerhead FR Flame Retardant Composite Panel for Building _ Construction Product Overview.pdf
Flame-retardant technology uniquely embedded
into the panel materials provides robust and
durable fire performance without the need for
additional sheets or coatings.
KEY BENEFITS
• Lightweight: Significantly lighter than
traditional materials such as wood, drywall,
and framed wall assemblies, offering a
lightweight yet durable solution for easier
transport and installation, while maintaining
structural integrity
• Durability: Resistant to rot, moisture,
chemicals, UV, and corrosion, ensuring long-
lasting performance
• Efficiency: Consolidated structural panel
reduces labor and assembly time, maintaining
structural integrity throughout the installation
process
• Versatility: Can replace gypsum and drywall
in wall construction, offering strong adhesive
bonding properties and paintable surfaces
• Material Consolidation: Integrates flame
retardant properties and eliminates the
need for additional sheets or coatings for
fireproofing, simplifying the building process
• Highly Customizable: Avient offers a wide
range of custom size configurations and panel
options, allowing builders to meet specific
project needs
• Sustainability: FR technology is not
halogenated or phosphorus-based, and is made
with benign ingredients at low concentrations,
making it an environmentally friendly option
Hammerhead™ FR Flame Retardant Composite Panels
PRODUCT OVERVIEW
APPLICATIONS
• Modular Construction Structures: Ideal for rapid
assembly, reducing construction time and costs
• Walls: A durable and lightweight alternative to
traditional wall materials, suitable for both interior
and exterior applications
• Flooring: Provides a strong and stable base for
various flooring systems, withstanding heavy loads
and traffic
• Garage and Industrial Doors: Offers excellent
strength-to-weight ratio and resistance to impact
and weather, making it an excellent choice for
demanding environments
1.844.4AVIENT
www.avient.com
Copyright © 2025, Avient Corporation.
https://www.avient.com/sites/default/files/2023-07/AVNT Q2 2023 Earnings Presentation%5B70%5D.pdf
Global Compact
• Highlights ESG Performance, including
ratings, awards, and certifications
• Features increased carbon emissions
disclosures, including Climate Change Scenario
Analysis and Scope 3 emissions data
• Outlines Sustainable Supplier Program,
designed to enable supplier evaluation &
collaboration
• Reflects Great Place To Work® culture focused
on safety, employee engagement and
advancing diversity, equity and inclusion
2022 SUSTAINABILITY REPORT
15
Avient Confidential 16
• Virtual presentation to be held
September 20, 2023
• Leadership will be conducting
an investor-focused
presentation around our
sustainable solutions portfolio
• Deep dive into how we enable
customers to achieve their
sustainability goals
SUSTAINABILITY DAY
16
…are Growing at Twice the Rate as
Conventional Products
Sustainably-Branded Products…
STAKEHOLDER INFLUENCE DRIVES DEMAND
Consumers
Are demanding
recyclability and eco-
conscious products
Governments
Are mandating changes
through legislation, taxes,
and regional accords
Brand Owners
Have committed to
ambitious goals to achieve
sustainability metrics
17
AP P EN D IX
20
Performance
Additives
16%
Pigments
12%
TiO2
Dyestuffs
2%
Polyethylene
Nylon
Polypropylene
Styrenic Block
Copolymer
Other Raw
Materials
33%
~40% hydrocarbon based
(Grey shaded materials are hydrocarbon based,
includes portion of “Other Raw Materials”)
Non-hydrocarbon
based materials
2022 pro forma results for the acquisition of Avient Protective Materials
RAW MATERIAL BASKET
PEER COMPARISONS
AVIENT IS ASSET LIGHT
Capex / Revenue
2023E (%)
Avient Specialty
Other Specialty /
Note: Avient reflects 2023 estimated revenue of $3,280 and estimated run-rate CAPEX of $110M.
22
3
2
3 3
4 4
3 3
4
5 5
7
8 8
FREE CASH FLOW CONVERSION
Note: Free cash flow conversion calculated as (Adjusted EBITDA – Capex) / Adjusted EBITDA.
Avient 2011 and 2018 valuations reflect trailing 12 months EBITDA at December 31 of the respective years.
24
EV / 2023E EBITDA
Historic Multiple
6.5
8.3
10.3
14.4
13.6 13.6
12.4
9.0
20.2
18.2
11.5
10.6
9.7 9.6
8.7 8.3
01
1)
01
8)
02
3)
Avient Specialty
Other Specialty /
SEGMENT DATA
U.S. & Canada
40%
37%
18%
2022 PRO FORMA SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
20%
24%
Building and
END MARKET REVENUE
$2,355M $402M
$1,300M $272M
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$592M$3,653M
(1)
9%
26
(1) Total company sales and adjusted EBITDA of $3,653M and $592M, respectively, include intercompany sales eliminations and corporate costs
2022 REVENUE | $2 .4 B ILL ION
34%
38%
20%
END MARKET REGION
27
34%
21%
Building &
1% Energy
2%
COLOR, ADDITIVES & INKS
2022 PRO FORMA REVENUE | $1 .3 B ILL ION
52%
35%
28
19%
8%Industrial
16%
9% Defense
Building &
END MARKET REGION
SPECIALTY ENGINEERED MATERIALS
32%
27%
14%
Building &
3%
1% Defense
1%
(18% of sales)
9%
2022 PROFORMA AVIENT REGIONAL SALES
27%
14%
17%
Building &
(37% of sales)Transportation
24%
12%
Building &
US &
Canada
(40% of sales)
7%
56%
23%
7%
Building &
1%
LATAM
(5% of sales)
3%
29
BY END MARKET
Reconciliation of Non-GAAP Financial Measures
(Unaudited)
(Dollars in millions, except for per share data)
Senior management uses comparisons of adjusted net income from continuing operations attributable to Avient shareholders
and diluted adjusted earnings per share (EPS) from continuing operations attributable to Avient shareholders, excluding special
items, to assess performance and facilitate comparability of results.
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520-%2520Goldman%2520Sachs%2520Conference%2520-%2520November%25202015.pdf
PolyOne Corporation Page 4
PolyOne Commodity to Specialty Transformation
• Volume driven,
commodity producer
• Heavily tied to
cyclical end markets
• Performance largely
dependent on non-
controlling joint
ventures
2000-2005 2006 - 2009 2010 – 2014 2015 and beyond
• Steve Newlin
appointed, Chairman,
President and CEO
• New leadership team
appointed
• Implementation of four
pillar strategy
• Focus on value based
selling, investment in
commercial resources
and innovation to drive
transformation
• Substantial EPS growth
from $0.13 to all-time
high of $1.80
• Shift to faster growing,
high margin, less
cyclical end markets
• Key acquisitions propel
current and future
growth, as well as
margin expansion
• Specialty mix expands
to 65% of Operating
Income – strongest mix
of earnings in history
• Accelerating growth
• Deliver consistent
double digit annual
EPS growth
• Maintain >35% vitality
index
• Pursue strategic
acquisitions that
expand specialty
offerings and
geographic breadth
• Invest and grow
current and next
generation talent
PolyOne Corporation Page 5
Building &
10%
Electrical &
11%
9%
Distribution
28%
PP&S
Specialty
52%
69%
13%
7% Asia
2014 Revenues: $3.8 Billion
End Markets
2014 Revenues: $3.8 Billion
PolyOne
At A Glance
$0.12
$0.27 $0.21 $0.13
$0.68
$0.82
$1.00
$1.31
$1.80
2006 2007 2008 2009 2010 2011 2012 2013 2014
Adjusted EPS
PolyOne Corporation Page 6
Old
PolyOne
*Operating Income excludes corporate charges and special items
2%
34% 43%
62%
65% 66%
0%
20%
40%
60%
80%
100%
2005 2008 2010 2013 2014 YTD 2015 2020
%
o
f O
pe
ra
tin
g
In
co
m
e*
JV's Performance Products & Solutions Distribution Specialty
80%+
Specialty OI $5M $46M $87M $195M $242M $183M
Mix Shift Highlights Specialty Transformation
Transformation
2020
Platinum
Vision
Platinum
Vision
PolyOne Corporation Page 7
2006 YTD 2015 2020
“Where we were” “Where we are” Platinum Vision
1) Operating Income %
Specialty:
Global Color, Additives & Inks 1.7% 17.2% 20%+
Global Specialty Engineered
Materials 1.1% 15.1% 20%+
Designed Structures & Solutions 1.4% (2012) 3.5% 12 – 14%
Performance Products &
Solutions 5.5% 8.1% 10 – 12%
Distribution 2.6% 6.6% 6.5 – 7.5%
2) Specialty Platform % of
Operating Income 6.0% 66% 80%+
3) ROIC 5.0% 11.9% 15%
4) Adjusted EPS Growth N/A
24 Consecutive
Quarters of YOY
EPS Growth
Double Digit
Expansion
Proof of Performance & 2020 Goals
PolyOne Corporation Page 8
Innovation Drives Earnings Growth
*Percentage of Specialty Platform revenue from products introduced in last five years
$20
$52
2006 TTM
Research & Development
Spending
($ millions)
Specialty Platform
Vitality Index Progression*
14%
28%
2006 TTM
Specialty Platform
Gross Margin %
12%
43%
2006 TTM
Specialty Vitality Index Target ≥ 35%
TTM 9/30/15 TTM 9/30/15 TTM 9/30/15
PolyOne Corporation Page 9
Innovation Pipeline Potential
Prototype Frame
Opportunity
Scale-up & Test
Market
Build
Business Case
Commercial
Launch
Phase 1 Phase 2 Phase 3 Phase 4 Phase 5
12
4
9
6
1
6
3 7 4
5
6
1
1
7
2
Breakthrough
Platform
Derivative
Number of Projects 12 10 23 19 10 74
Specialty
Addressable Market
($ millions)
- - $1,150 $1,000 $250 $2,400
PolyOne Corporation Page 10
Lightweighting with Advanced Composites
Increasing Healthcare Penetration
Innovation Initiatives
Expansion in Consumer Markets
New Market Development
$$$ $$ $
High Temperature Polymers
PolyOne Corporation Page 11
Design and Service as a Differentiator
Right Material &
Color
Desired
Product Design
Appropriate
Manufacturing Process
Delivering Concept to
Commercialization
Connecting
the Dots with
iQ Design Labs and
InVisiO Color Design
PolyOne Corporation Page 12
Customer First Through World-Class Service
Strengthening relationships through:
Providing LSS services to small/medium sized customers
• Supporting customers who lack their own formal process improvement initiatives
Providing training in Customer Centric Selling Skills with customers’
sales force
PolyOne Corporation Page 13
60%
97%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2008 Q3 2015
Pension Funding**
As of September 30, 2015
Debt Maturities & Pension Funding
Net Debt / Adjusted EBITDA** = 2.1x
$49
$121
$317
$600
$400
$0
$100
$200
$300
$400
$500
$600
$700
$800
2015 2018 2020 2023
Debt Maturities
As of September 30, 2015
($ millions)
Coupon Rate: 7.500% Variable* 7.375% 5.250%
** includes US-qualified pension plans only *Weighted average rate on revolver was 2.49% as of 9/30/15 **TTM 9/30/2015
PolyOne Corporation Page 14
Free Cash Flow and Strong Balance Sheet
Fund Investment / Shareholder Return
Expanding our sales,
marketing, and
technical capabilities
Investing in operational
and LSS initiatives
~75% of capital
expenditures fund
growth initiatives Organic
Growth
Acquisitions
Share
Repurchases
Dividends
$0.16
$0.20
$0.32
$0.40
$0.48
$0.10
$0.20
$0.30
$0.40
$0.50
2011 2012 2013 2014 2015 2016
Annual Dividend
Targets that expand
our:
• Specialty offerings
• End market
presence
• Geographic breadth
Synergy opportunities
Adjacent material
solutions
Repurchased nearly
2.4 million shares in Q3
2015
Repurchased 14.8
million shares since
early 2013
5.2 million shares are
available for
repurchase under the
current authorization
$0.24
PolyOne Corporation Page 15
The New PolyOne: A Specialty Growth Company
Why Invest In PolyOne?
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(Dollars in millions, except per share data)
Below is a reconciliation of non-GAAP financial measures to the most directly comparable measures calculated and presented in
accordance with U.S.
Trailing twelve months adjusted gross margin is calculated as follows:
Three Months
Nine Months
Trailing Twelve Months
(TTM) Ended
(In millions) December 31, 2014 September 30, 2015 September 30, 2015
Gross margin - GAAP $ 152.6 $ 524.6 $ 677.2
Special items in gross margin 15.8 30.0 45.8
Gross margin excluding special items $ 168.4 $ 554.6 $ 723.0
Adjusted EBITDA and net debt to adjusted EBITDA is calculated as follows:
Three Months
Nine Months
Trailing Twelve
Months (TTM) Ended
(In millions) December 31, 2014 September 30, 2015 September 30, 2015
Income from continuing operations,
before income taxes $ (31.2) $ 168.1 $ 136.9
Interest expense, net 15.6 48.5 64.1
Depreciation and amortization 25.0 78.4 103.4
Special items, impact on income from
continuing operations before income
taxes
80.8 39.8 120.6
Accelerated depreciation included in
special items (0.2) (4.6) (4.8)
Adjusted EBITDA $ 90.0 $ 330.2 $ 420.2
Short-term portion and current portion of
long-term debt $ 61.8
Long-term debt 1,038.0
Less: Cash and cash equivalents (235.7)
Net Debt 864.1
Net Debt/TTM Adjusted EBITDA 2.1
��PolyOne Investor Presentation�Goldman Sachs 2015 US Emerging/�SMID Cap Growth Conference�November 2015��
Forward-Looking Statements
Use of Non-GAAP Measures
PolyOne Commodity to Specialty Transformation
PolyOne�At A Glance
Mix Shift Highlights Specialty Transformation
Proof of Performance & 2020 Goals
Innovation Drives Earnings Growth
Innovation Pipeline Potential
Innovation Initiatives
Design and Service as a Differentiator
Customer First Through World-Class Service
Debt Maturities & Pension Funding
Free Cash Flow and Strong Balance Sheet �Fund Investment / Shareholder Return
Why Invest In PolyOne?
https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520-%2520Jefferies%2520Industrials%2520Conference%25202015.pdf
S&P 500
PolyOne Corporation Page 9
2006 YTD 2015 2020
“Where we were” “Where we are” Platinum Vision
1) Operating Income %
Specialty:
Global Color, Additives & Inks 1.7% 17.2% 20%+
Global Specialty Engineered
Materials 1.1% 15.3% 20%+
Designed Structures & Solutions 1.4% (2012) 3.3% 12 – 14%
Performance Products &
Solutions 5.5% 7.6% 10 – 12%
Distribution 2.6% 6.5% 6.5 – 7.5%
2) Specialty Platform % of
Operating Income 6.0% 67% 80%+
3) ROIC (after-tax)* 5.0% 11.7% 15%
4) Adjusted EPS Growth N/A
23 Consecutive
Quarters of YOY
EPS Growth
Double Digit
Expansion
Proof of Performance & 2020 Goals
*ROIC is defined as TTM adjusted operating income after-tax divided by the sum of average debt and equity over a 5 quarter period
PolyOne Corporation Page 10
Platinum Vision: Pathway to Accelerated Growth
Organic
Sales Growth
Margin
Expansion
Share
Repurchases
Acquisitions
PolyOne Corporation Page 11
Innovation Drives Earnings Growth
*Percentage of Specialty Platform revenue from products introduced in last five years
$20
$53
2006 2014
Research & Development
Spending
($ millions)
Specialty Platform
Vitality Index Progression*
14%
27%
2006 2014
Specialty Platform
Gross Margin %
20%
44%
2006 2014
Specialty Vitality Index Target ≥ 35%
PolyOne Corporation Page 12
Megatrends Aligned with Key End Markets
Decreasing
Dependence
on Fossil
Fuels
Protecting
the
Environment
Improving
Health and
Wellness
Megatrend End Markets
Globalizing
and
Localizing
Health &
Wellness
Transportation
Packaging
Consumer
PolyOne Corporation Page 13
Prototype Frame
Opportunity
Scale-up &
Test Market
Build
Business Case
Commercial
Launch
Phase
1
Phase
2
Phase
3
Phase
4
Phase
5
6
9
7
3
5
12
5 3 2
8
4
2
4
3
1
Breakthrough
Platform
Derivative
A Rich Pipeline of Opportunity
Number of Projects 14 8 18 12 22 74
Addressable Market
($ millions) $700 $600 $600 $1,900
PolyOne Corporation Page 14
60%
102%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2008 Q2 2015
Pension Funding**
As of June 30, 2015
Debt Maturities & Pension Funding
Net Debt / Adjusted EBITDA** = 2.0x
Coupon Rate: 7.500% Variable* 7.375% 5.250%
** includes US-qualified pension plans only *Weighted average rate on revolver was 2.40% as of 6/30/15 **TTM 6/30/2015
$49
$79
$317
$600
$400
$0
$100
$200
$300
$400
$500
$600
$700
$800
2015 2018 2020 2023
Debt Maturities
As of June 30, 2015
($ millions)
PolyOne Corporation Page 15
Free Cash Flow and Strong Balance Sheet
Fund Investment / Shareholder Return
Expanding our sales,
marketing, and
technical capabilities
Investing in operational
and LSS initiatives
~75% of capital
expenditures fund
growth initiatives Organic
Growth
Acquisitions
Share
Repurchases
Dividends
$0.16
$0.20 $0.24
$0.32
$0.40
$0.10
$0.20
$0.30
$0.40
$0.50
2011 2012 2013 2014 2015
Annual Dividend
Targets that expand
our:
• Specialty offerings
• End market
presence
• Geographic breadth
Synergy opportunities
Adjacent material
solutions
Repurchased nearly
600K shares in Q2
2015
Repurchased 12.4
million shares since
early 2013
7.6 million shares are
available for
repurchase under the
current authorization
PolyOne Corporation Page 16
PolyOne Core Values
Innovation
Collaboration
Excellence
PolyOne Corporation Page 17
The New PolyOne: A Specialty Growth Company
Why Invest In PolyOne?
Schedule I
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(Dollars in millions, except per share data)
Below is a reconciliation of non-GAAP financial measures to the most directly comparable measures calculated and presented
in accordance with U.S.
Net debt to adjusted EBITDA is calculated as follows:
Six Months
Ended
Twelve Months
Ended Six Months Ended
Trailing Twelve
Months (TTM)
Ended
(In millions) March 31, 2014 December 31, 2014 March 31, 2015 March 31, 2015
Short-term portion and current portion of
long-term debt $ 12.7 $ 61.8 $ 61.8
Long-term debt 967.9 962.0 996.4
Less: Cash and cash equivalents (261.5) (238.6) (236.8)
Net Debt $ 719.1 785.2 821.4
Income before income taxes $ 73.2 $ 88.4 $ 116.7 $ 131.9
Interest expense, net 31.2 62.2 32.3 63.3
Depreciation and amortization 72.2 123.9 50.1 101.8
Special items, impact on operating income 62.2 164.9 21.2 123.9
Accelerated depreciation included in special
items (20.5) (23.1) (0.3) (2.9)
Adjusted EBITDA $ 218.3 $ 416.3 $ 220.0 $ 418.0
Net Debt/TTM Adjusted EBITDA 2.0
POL IR Presentation - Jefferies Industrials Conference 2015 website
��PolyOne Investor Presentation�Jefferies 2015 Industrials Conference�August 2015��
Forward-Looking Statements
Use of Non-GAAP Measures
PolyOne Commodity to Specialty Transformation
PolyOne�At A Glance
Mix Shift Highlights Specialty Transformation
Confirmation of Our Strategy
Strategy and Execution Drive Results
Proof of Performance & 2020 Goals
Platinum Vision: Pathway to Accelerated Growth
Innovation Drives Earnings Growth
Megatrends Aligned with Key End Markets
A Rich Pipeline of Opportunity
Debt Maturities & Pension Funding
Free Cash Flow and Strong Balance Sheet �Fund Investment / Shareholder Return
PolyOne Core Values
Why Invest In PolyOne?
https://www.avient.com/sites/default/files/2024-06/SEM Asia Product Selection Guide.pdf
INPUTS
• Base resins
• Additives
• Modifiers
• Colorants
EXPERTISE
Formulation expertise
in polymer materials,
services and solutions
VALUE
• OEMs
• Brand owners
• Processors
• Assemblers
WHAT WE DO
ENGINEERED
POLYMERS
Stat-Tech™
Electrically conductive &
EMI/RFI shielding
LubriOne™
Internally lubricated
Edgetek™
High strength & high
temperature performance
Edgetek™
Dk/Df series
3D-MID (Molded Interconnect
Device) with LDS process
Preperm™
Low loss dielectric
thermoplastics
Maxxam™
Polyolefin-based
Bergadur™
Polyester-based
Bergamid™
Polyamide-based
Gravi-Tech™
Metal replacement,
density modified
Therma-Tech™
Thermally conductive
OnForce™ & Complēt™
Long fiber reinforced
Trilliant™ HC Healthcare
Thermoplastics
Chemically resistant &
compliant with regulatory
requirements
Sustainable Engineered
Material Solutions
Bio-based polyamide
solutions & recycled solutions
THERMOPLASTIC
ELASTOMER (TPE)
Soft-Touch & Easy Processed TPEs
Good tactile qualities and ergonomics
Low Voc/Fog/Odor TPEs
Reduced volatile organic compounds (VOCs) and fogging
Specialty Nylon Overmolding TPEs
Overmolded onto various nylon substrates
Sustainable Content TPEs
Based on renewable resources rather
than petroleum
Chemically Resistant TPEs
Long life and excellent chemical resistance
Vibration Damping TPEs
Dampen vibrations via energy transfer
Healthcare TPEs
Compliant with regulatory requirements
Food Grade TPEs
Suitable for use in contact with food
ELECTRICALLY
CONDUCTIVE
FORMULATIONS
Stat-Tech™ Static Dissipative &
Electrically Conductive Formulations
Reinforced short fiber and long fiber conductive
polymer formulations with a surface resistivity range
of 100 to 1012 ohm/sq
• Reduces weight, improves design freedom
and allows for consolidation of parts
• Protection from static buildup to minimize sparks
from damaging nearby electrical components
• Prevents interference from electromagnetic
and radio frequency (EMI/RFI) in critical electronic
components
• Reduces attraction of powder and fine particles
BASE
RESIN FILLER FILLER
NN-10CF/000 BK001 PA66 CF 10 PA66+CF Black HB/3.2mm N
A70 C20 BK007 PA66 CF 20 PA66+CF Black HB/3.2mm N
NN-30CF/000 BK006 PA66 CF 30 PA66+CF Black HB/3.2mm N
NN-40CF/000 FRV0
NATURAL PA66 CF 40 PA66+CF FR Natural V-1/0.75mm,V-0/3mm Y
NN-40CF/000 NHFR
V0 NATURAL PA66 CF 40 PA66+CF NHFR Natural V-0/0.75mm,V-0,5VA/3mm Y
ST6000-8009 RS
BLACK PA6 CF 20 PA6+CF Black HB/3.2mm N
ST6000-8028 ESD
BK001 PA6 CF 30 PA6+CF Black HB/3.2mm N
NY-40CF/000 BLACK PA6 CF 40 PA6+CF Black HB/3.2mm N
ST3200-8118 ESD
BK001 PC CB 15 PC+CB Black HB/3.2mm N
PC-30CF/000 BK701 PC CF 30 PC+CF Black HB/1.6mm N
PC-10CF/000 NH FR
BK033 PC CF 10 PC+CF NH FR Black V-0/3.2mm Y
PC-15CF-15GF/000
NH FR V0 BLACK PC CF+GF 15 PC+CF+GF NHFR Black V-1/1.5mm; V-0/3.0mm Y
AS-10CF/000 BK001 ABS CF 10 ABS+CF Black HB/1.6mm N
AS-20CF/000 BK001 ABS CF 20 ABS+CF Black HB/3.2mm N
AS-10CF/000 FR
BK004 ABS CF 10 ABS+CF FR Black V-0/1.6mm N
ST9600-8007 ESD
BK001 LCP CF/Mineral 30/15 LCP+CF+Mineral Black V-0/0.4mm N
PK-30CF/000 BK PEEK CF 30 PEEK+CF Black V-0/0.8mm N
ST9800-8048 CR ESD
BK001 PEEK CNT — PEEK+CNT Black HB/3.2mm N
AT-11CB/000 BLACK POM CB 11 POM+CB Black HB/3.2mm N
AT-10CF/000 BLACK POM CF 10 POM+CF Black HB/1.6mm N
ST5200-8035 ESD
BK001 PP CB 15 PP+CB Black HB/1.5mm,HB/3mm Y
ST7400-8016 ESD
BK006 PS CB 15 HIPS+CB Carrier Tape Black HB/3.2mm N
NJ-30CF/000 BK001 PA12 CF 30 PA12+CF Black HB/3.2mm N
INTERNALLY
LUBRICATED
LubriOne™ Internally
Lubricated Formulations
Self-lubricating material with low
coefficient of friction and improved
wear-resistance
• Improves product durability
• Reduces friction, heat buildup
and vibration
• Improved process ability
• Excellent property retention and
reduced maintenance over time
BASE
RESIN FILLER FILLER
NN-30CF/15T BK005 PA66 CF 30 PA66+CF+PTFE Black HB/1.6mm N
NN-30GF/15T NC059 PA66 GF 30 PA66+GF+PTFE Natural HB/1.6mm N
NN-30GF/13T-2S
BLACK PA66 GF 30 PA66+GF+PTFE+Si Black HB/1.6mm N
NN-000/20T BK011 PA66 — — PA66+PTFE Black HB/3.2mm N
PC-000/05T BLACK PC — — PC+PTFE Black HB/1.6mm Y
PC-15CF/10T-2S BLK PC CF 15 PC+CF+PTFE+Si Black HB/1.6mm Y
PC-10GF/10T NC048 PC GF 10 PC+GF+PTFE Natural HB/3.2mm N
PC-20GF/15T FR BLK PC GF 20 PC+GF+PTFE FR Black V-0/1.5mm Y
PC-20GF/15T-2S
BLK008 PC GF 20 PC+GF+PTFE+Si Black HB/1.6mm N
AT-10CF/5T BLACK POM CF 10 POM+CF+PTFE Black HB/1.6mm Y
AT-000/05T NATURAL POM — — POM+PTFE Natural HB/1.6mm N
AT-000/15T BLACK POM — — POM+PTFE Black HB/1.6mm Y
AT-000/18T-2S BLK POM — — POM+PTFE+Si Black HB/1.6mm Y
AT-30GF/15T BLACK POM GF/PTFE 30/15 POM+GF+PTFE Black HB/3.2mm Y
MP-20CF/15T BLK PPO CF 20 MPPO+CF+PTFE Black HB/1.6mm Y
MP-20GF/15T BLK PPO GF 20 MPPO+GF+PTFE Black HB/1.6mm Y
SF-30CF/15T BLACK PPS CF 30 PPS+CF+PTFE Black V-1/0.75mm; V-0/3.0mm Y
SF-30GF/15T BK006 PPS GF 30 PPS+GF+PTFE Black V-0/1.6mm N
AS-000/15T BK002
ROHS ABS — — ABS+PTFE Black HB/1.6mm N
LB9800-8001 AR
BLACK PEEK CF+ Graphite
+PTFE 30 PEEK+CF+PTFE+Graphite Black V-0/0.8mm N
BASE
RESIN FILLER FILLER
PK-000/000 Natural PEEK — 0 PEEK Unfilled Natural V-0/0.75mm N
PK-30GF/000 BK PEEK GF 30 PEEK+GF Black V-0/1.6mm N
PA-50GF/000 BK004 PPA GF 50 PPA+GF Black HB/1.6mm N
PPA-40GF/000 FRV0
Black PPA GF 40 PPA+GF Black HB/1.6mm N
SF-10GF/000 RS BK PPS GF 10 PPS+GF Black V-0/0.75mm N
SF-15GF/000 RS
BK001 PPS GF 15 PPS+GF Black V-0/0.75mm Y
SF-20GF/000 RS BK PPS GF 20 PPS+GF Black V-0/0.75mm Y
SF-30GF/000 BK003 PPS GF 30 PPS+GF Black V-0/0.75mm Y
SF-40GF/000 BLACK PPS GF 40 PPS+GF Black V-0/0.75mm Y
SF-65GM/000 RS NC PPS GF/Mineral 65 PPS+GF+Mineral Natural V-0/1.6mm N
HIGH STRENGTH
& TEMPERATURE
PERFORMANCE
Edgetek™ Engineered
Polymer Formulations
Structurally Reinforced Materials
• Improve strength, stiffness,
and dimensional stability
High Temperature Formulations
• Retain physical properties and
dimensional stability at elevated
temperatures
• Based on amorphous and
semi-crystalline resins
High Temperature Formulations
High Strength Formulations
BASE
RESIN FILLER FILLER
AS-000/000 BK079 ABS — 0 ABS Unfilled Black HB/1.6mm N
AS-10GF/000 BLACK ABS GF 10 ABS+GF Black HB/1.5mm Y
AS-20GF/000 BLACK ABS GF 20 ABS+GF Black HB/1.5mm Y
AS-000/000 FR BK521 ABS — 0 ABS Unfilled, FR Black V-0/1.6mm N
PC-10GF/000 BLACK PC GF 10 PC+GF Black HB/3.2mm Y
PC-20GF/000 FR BK PC GF 20 PC+GF Black V-0/3mm,V-2/1.5mm Y
PC-30GF/000 BLACK PC GF 30 PC+GF Black V-1/3.0mm Y
PC-5GF/000 FR BK003 PC GF 5 PC+GF, FR Black V-0/3.2mm Y
PC-10GF/000 FR V0 BLACK PC GF 10 PC+GF, FR Black V-1/1.5mm; V-0/3.0mm Y
PC-30GF/000 FR V0 BK007 PC GF 30 PC+GF, FR Black V-2/0.75mm; V-0/1.5mm Y
PC-40GF/000 FR V0 BK PC GF 40 PC+GF, FR Black V-1/1.5mm; V-0/3.0mm Y
PC-10GF/000 NHFR NC701 PC GF 10 PC+GF, NHFR Natural V-0/1.5mm N
PC-20GF/000 NH FRV0 BLK PC GF 20 PC+GF, NHFR Black V-1/1.0mm; V-0/1.5mm Y
PC-30GF/000 NH FR 5VA
NATURAL PC GF 30 PC+GF, NHFR Black V-0, 5VA/6.0mm Y
ET3200-8001 LG PC — 0 PC Unfilled, Light
Diffusion Natural HB/1.6mm N
C310 BK111 POM — 0 POM Unfilled Black HB/1.6mm N
AT-10GF/000 BLACK POM GF 10 POM+GF Black HB/1.6mm N
AT-20GF/000 BLACK POM GF 20 POM+GF Black HB/1.6mm N
AT-30GF/000 NC005 S-ROHS POM GF 30 POM+GF Natural HB/1.6mm N
AT-000/000 HI BK066 POM — 0 POM Unfilled, Impact Black HB/1.6mm N
MP-20GF/000 BLK PPO GF 20 MPPO+GF Black HB/1.6mm Y
MP-30GF/000 BLACK PPO GF 30 MPPO+GF Black HB/1.6mm Y
NL-20GF/000 BK002 PA612 GF 20 PA612+GF Black HB/1.6mm N
NI-30GF/000 BK002 PA610 GF 30 PA610+GF Black HB/1.6mm N
CY1000 BK193 PCABS — 0 PC/ABS Unfilled Black HB/1.6mm N
CY1000-20GF/000 BK005 PCABS GF 20 PC/ABS+GF Black HB/1.6mm N
CY4000 BK006 PCPBT — 0 PC/PBT Black HB/1.0mm Y
CY8000 BK003 PBTASA GF 30 PBT/ASA+GF Black HB/3.2mm N
CY8000-20GF/000 NC003 PBTASA GF 20 PTB/ASA+GF Natural HB/3.2mm N
Dk/Df SERIES
Edgetek™ Formulations for 5G
• Faster design qualification
and shorter lead times
• Customizable for Dk and Df values
• Accelerated speed to market
• Design flexibility
• High heat resistance
• Compatible with SMT
BASE
Dk
(1 GHz) Df OTHER
ET7600-8027 RS NC001 PPE 3.00 0.0012 —
ET7600-8025 RS NC001 PPE 3.10 0.0012 —
ET7600-8037 RS NC001 PPE 3.35 0.0008 —
ET7600-8019 RS NC001 PPE 3.60 0.0012 —
ET7600-8028 RS NC001 PPE 3.80 0.0012 —
ET7600-8026 RS NC001 PPE 4.40 0.0012 —
ET7600-8044 RS NC001 PPE 4.80 0.0012 —
ET7600-8029 RS NC001 PPE 5.30 0.0007 —
ET7600-8041 RS NC001 PPE 5.50 0.0009 —
ET7600-8048 RS NC001 PPE 6.00 0.0006 —
ET7600-8036 RS NC001 PPE 7.00 0.0005 —
ET7600-8056 RS NC001 PPE 7.00 0.0010 —
ET7600-8031 RS NC001 PPE 9.00 0.0009 —
ET7600-8053 RS NC001 PPE 9.00 0.0009 High flow
ET7600-8064 RS NC001 PPE 10.00 0.0012 —
ET7600-8051 RS NC001 PPE 12.00 0.0009 —
ET7600-8074 RS NC001 PPE 12.00 0.0013 —
ET7600-8057 RS NC001 PPE 18.50 0.0011 —
ET9600-8026 RS BK001 LCP 2.90 0.005 —
ET9600-8029 RS BK001 LCP 3.30 0.005 —
ET9600-8030 RS BK001 LCP 3.50 0.005 —
ET9600-8017 RS NC001 LCP 5.50 0.005 —
3D-MID
(MOLDED INTERCONNECT DEVICE)
WITH LDS PROCESS
Edgetek™ 3D/LDS Solutions
• Can increase design flexibility especially for
circuit design, 3D antenna design, and
complex shapes
• Can be customized to specific Dk values
and delivered within weeks
• Effective for circuit designs constrained
by a limited space
• Can be customized to resist heat, with deflection
temperatures ranging from 200°C to 278°C
BASE
Dk
(1 GHz) Df WELDING
CAPABILITY
OTHER
ET9600-8010 LDS BK001 LCP 4.00 0.006 280+°C —
ET9600-8015 LDS BK001 LCP 3.90 0.004 280+°C —
ET9600-8018 LDS BK001 LCP 3.44 0.004 280+°C —
ET9600-8022 LDS BK001 LCP 3.06 0.004 280+°C —
ET7600-8047 LDS NC001 PPE 2.60 0.002 No (SMT) —
ET7600-8052 LDS NC001 PPE 4.50 0.004 No (SMT) —
ET7600-8040 LDS RS NC001 PPE 6.00 0.002 No (SMT) —
ET7600-8043 LDS RS NC001 PPE 9.00 0.004 No (SMT) —
ET3200-8205 LDS NHFR
BK001 PC 2.84 0.006 No (SMT) Halogen free FR V0,
High impact
ET3200-8285 LDS BK001 PC 2.82 0.005 No (SMT) High impact
ET3200-8207 LDS BK001 PC 2.84 0.007 No (SMT) High impact
ET3200-8198 RS LDS BK001 PC 3.10 0.007 No (SMT) GF reinforced
ET9200-8050 RS LDS NC001 PPS 4.00 0.003 No (SMT) GF reinforced
LOW LOSS
DIELECTRIC
THERMOPLASTICS
PREPERM™ Low Loss
Thermoplastics
Filled polymer that uniformly
dissipates heat (not insulative)
• Consistent and efficient antenna
performance
• Replacement for ceramic materials
• Good temperature and humidity resistance
• Greater design freedom and processing
efficiencies
• Good colorability
• Customizable formulations available
MATERIAL DESCRIPTION BASE
Dk
2.5GHz) Df OTHER FEATURES
RS260 PPE 2.58 0.0009 —
RS260HI PPE 2.58 0.0010 Impact modified
PPE260 PPE 2.60 0.0005 —
RB260 PPE 2.61 0.0012 Black
RS265FR PPE 2.65 0.0032 FR V0@1.5mm
PPE300 PPE 3.00 0.0009 —
PPE320 PPE 3.20 0.0010 —
PPE350 PPE 3.50 0.0009 —
PPE350A PPE 3.50 0.0010 Improved metallization, improved adhesion
PP7600-8038 NHFR RS BK001 PPE 3.80 0.0010 NHFR V0
PPE400 PPE 4.00 0.0009 —
PPE400FR PPE 4.00 0.0030 FR V0@1.5mm
PPE440 PPE 4.40 0.0009 —
PPE500 PPE 5.00 0.0009 —
PPE500COL PPE 5.00 0.0010 Purple
PPE650 PPE 6.50 0.0009 —
PPE800 PPE 8.00 0.0009 —
PPE950 PPE 9.50 0.0010 —
PPE1200 PPE 12.00 0.0010 —
H1500HF PPE 15.00 0.0010 —
LCP580 LCP 5.80 0.0047 —
PP9200-8038 RS BK001 PPS 3.85 0.0030 —
PP9200-8080 RS Natural PPS 4.00 0.0025 —
POLYOLEFIN-
BASED
SOLUTIONS
Maxxam™ Polyolefin
Formulations
• Custom colors & laser-markable
formulations to differentiate
end products
• Food-contact compliant grades
to mitigate risk and shorten
approval processes
• Customized performance
characteristics depending
on application needs
• Good stiffness, durability, impact
resistance and UV stability
• Can be formulated for injection
molding, extrusion or blow
molding processes
• Applicable to the transportation,
industrial, consumer, electrical
and electronic, and building and
construction industries
Maxxam™ Polyolefin Formulations
BASE
RESIN FILLER FILLER
% COMPOSITION COLOR FLAMMABILITY UL OTHER
TH-218.G001-1277 PP — — PP Unfilled Natural HB/1.6mm N —
PP10 BK008 PP GF 30 PP+GF Black HB/1.6mm N —
PPR 40G BK701 PP GF 40 PP+GF Black HB/1.6mm N —
NM-818.H001-8046 PP GF 20 PP+GF, HS Black HB/1.6mm Y Chemically
Coupled
GV-819.G001-8065 PP GF 30 PP+GF, Impact Black HB/1.6mm Y —
PP-40GF/000 Black PP GF 40 PP+GF, Impact Black HB/1.5mm Y —
PP5940 B131C PP GF/Mineral 25/15 PP+GF+Mineral Black — N —
Maxxam F5134T2-4 PP Talc 20 PP+Mineral, HS Black — N
High Heat
Resistance,
High Stiffness
PP6 BK067 N (RoHS) PP Mineral 20 PP+Mineral,
Impact Natural HB/1.6mm N
PP8 BK027-AF PP Mineral 40 PP+Mineral,
Anti-fogging Black HB/1.6mm N
High Heat
Resistance,
Low Fogging
Maxxam™ FR Flame Retardant Polyolefin Formulations
BASE
RESIN FILLER FILLER
% COMPOSITION COLOR FLAMMABILITY UL OTHER
PP 301 BLK 1284-
11 S PP — — PP Unfilled, FR Black V-0/0.75mm Y —
QD-813.Y001-1000
RoHS PP GF 30 PP+GF, FR Natural V-0/1.5mm 5VA/2.0mm Y —
QD-813.Y001-1001
(F1) PP GF 30 PP+GF, FR Natural V-0/1.6mm N F1 Compliance
QD-813.Y003-1720 PP GF 30 PP+GF, FR Natural V-0/1.5mm Y —
NR-418.Y001-8147 PP Talc 20 PP+Mineral, FR Black V-0/1.6mm N —
PP FR 8-6A Natural-
RoHS PP Talc 15 PP+Mineral, FR,
Impact Natural V-0/0.75mm
5VA/3.0mm Y —
POLYESTER-BASED
Bergadur™ Polyester Formulations
Specialty solutions based on polyester and
polyester blends
• Custom formulations to address specific
requirements, such as pre-colored compounds
and reinforced solutions
• Provides excellent dimensional stability
that addresses high end applications
• Flame retardant grades include
UL-listed and non-halogen solutions
BASE
RESIN FILLER FILLER
% COMPOSITION COLOR FLAMMABILITY UL OTHER
PB40 BK029 PBT — 0 PBT Unfilled Black HB/1.6mm N —
PBT-GL10 BK008 PBT GF 10 PBT+GF Black HB/1.6mm N —
PBT-GL20 BK004 PBT GF 20 PBT+GF Black HB/1.6mm N —
PBT-GL30 BK007 PBT GF 30 PBT+GF Black HB/1.6mm N —
BR3300-8079 RS LW
BK001 PBT GF 30 PBT+GF Black HB/1.6mm N Laser
Weldable
PB40 G50 BK003 PBT GF 50 PBT+GF Black HB/1.6mm N —
BR3300-8065 RS
BK001 PBT GF/GB 35 PBT+GF+GB Black HB/1.6mm N —
PB40 G/K40 BK016 PBT GF/GB 40 PBT+GF+GB, HS Black HB/1.6mm N —
PB40 IM BK041 PBT — 0 PBT Unfilled, Impact Black HB/1.6mm N —
PBT-GL10 EM BK008 PBT GF 10 PBT+GF, Impact Black HB/1.6mm N —
PB40 G20 BK009 PBT GF 20 PBT+GF, Impact Black HB/1.6mm N —
PB40 GB20 TM-X
NC044 PBT GB 20 PBT+GF, Impact Natural HB/1.6mm N —
PB40 GK30 BK002 PBT GB 30 PBT+GF, Impact Black HB/1.6mm N —
PB40 G20 U NC015 PBT GF 20 PBT+GF, FR Natural V-0/1.6mm N Chemical
Resistant
PB400 G30 UF UV
NC063 PBT GF 30 PBT+GF, NHFR, UV Natural V-0/0.8mm Y —
PB400 G/C 30 U
BK075 PBT CF+GF 10/20 PBT+CF+GF, FR Black V-0/1.6mm N ESD
Protection
POLYAMIDE
Bergamid™ Polymer Formulations
Specialty solutions based on nylon (PA6, PA66
and PA66/6)
• Standard grades meet a wide variety of
performance needs
• Solutions available that address key market
needs, such as warpage reduction, increased
tensile strength and improved aesthetics
• Flame retardant grades in portfolio including
non-halogen solutions
PA6 Formulations
BASE
RESIN FILLER FILLER
B700 BK731 PA6 — — PA6 Unfilled Black V2 Y
B70 TM-Y BK138 PA6 — — PA6 Unfilled, Impact Black HB/1.6mm N
B700 UF NC108 PA6 — — PA6 Unfilled, NHFR Natural V-0/0.40mm Y
B70 G15 black PA6 GF 15 PA6+GF Black HB/1.6mm N
B70 G25 BK017S PA6 GF 25 PA6+GF Black HB/1.6mm Y
B70 G30 BK PA6 GF 30 PA6+GF Black HB/1.6mm N
B70 G50 SCHWARZ PA6 GF 50 PA6+GF Black HB/3.2mm N
B700 G15 H BK041 PA6 GF 15 PA6+GF, HS Black HB/1.6mm Y
GF600 A20 HS BK053 PA6 GF 20 PA6+GF, HS Black HB/1.6mm N
B700 G30 H BLACK PA6 GF 30 PA6+GF, HS Black HB/0.70mm Y
B70 G30 TM-Y NC121 PA6 GF 30 PA6+GF, Impact Natural HB/1.6mm Y
B70 G35 NC035 PA6 GF 35 PA6+GF, HS Natural HB/1.6mm Y
B70 G40 H BK039 PA6 GF 40 PA6+GF, HS Black HB/1.6mm Y
B70 G40 H NC046 PA6 GF 40 PA6+GF, HS Natural HB/1.6mm Y
B70 G40 H UV BK043 PA6 GF 40 PA6+GF, HS, UV Black HB/1.6mm Y
B70 G40 TM-X BK023 PA6 GF 40 PA6+GF, Impact Black HB/1.6mm Y
B70 G45 NC042 PA6 GF 45 PA6+GF, HS Natural HB/1.6mm Y
B70 G50 BK055 PA6 GF 50 PA6+GF, HS Black HB/1.6mm Y
B70 G50 H NC057 PA6 GF 50 PA6+GF, HS Natural HB/1.6mm Y
B70 G60 H BK063 PA6 GF 60 PA6+GF, HS Black HB/1.6mm N
B70 G15 TM-Z BLACK PA6 GF 15 PA6+GF, Impact Black HB/1.6mm N
B700 G35 BLACK TM-Y PA6 GF 35 PA6+GF, Impact Black HB/1.6mm N
B70 G15 UV NC705 PA6 GF 15 PA6+GF, UV Natural HB/1.6mm N
B70 G15 U-SO BK060 PA6 GF 15 PA6+GF, FR Black V-0/3.2mm N
B700 G20 H UF GREY PA6 GF 20 PA6+GF, HS, NHFR Grey V-0/1.6mm Y
B70 G/GK30 BK178 PA6 GF/GB 30 PA6+GF+GB Black HB/1.6mm N
B70 GK15 BK012 PA6 GB 15 PA6+GB Black HB/1.6mm N
B70 GK25 BK021 PA6 GB 25 PA6+GB Black HB/1.6mm N
B70 GK30 BK186 ROHS(NEW) PA6 GB 30 PA6+GB Black HB/1.6mm N
B70 MI40 NC004 PA6 Mineral 40 PA6+Mineral Natural HB/1.6mm N
GMF600 40 BK035 PA6 GF/Mineral 40 PA6+GF+Mineral Black HB/1.6mm N
GMF 604 40 UV BLACK148 PA6 GF/Mineral 40 PA6+GF+Mineral, UV Black HB/1.6mm N
PA6 G/MI20 FR black PA6 GF/Mineral 20 PA6+GF+Mineral, FR Black V-2/1.6mm N
B70 GK5 MI25 BK705 PA6 GB/Mineral 30 PA6+GB+Mineral Black HB/1.6mm N
PA66 Formulations
MATERIAL DESCRIPTION BASE RESIN FILLER FILLER % COMPOSITION COLOR FLAMMABILITY UL OTHER FEATURES
A70 BK115 PA66 0 PA66 Unfilled Black V-2/1.6mm N —
BG6600-8132 LW BK001 PA66 0 PA66 Unfilled Black HB/1.6mm N Laser weldable
A70 TM-Z BK705 PA66 0 PA66 Unfilled, Impact Black HB/1.6mm N —
A70 GK30 H NC132 PA66 GB 30 PA66+GB Natural HB/1.6mm N —
A70 GK30 H NATURAL PA66 GB 30 PA66+GB, HS Natural HB/1.6mm N —
A70 G10 H BK032 PA66 GF 10 PA66+GF Black HB/1.6mm N —
A70 G15 H BK013 PA66 GF 15 PA66+GF Black HB/1.6mm N —
A70 G20 H BK014 PA66 GF 20 PA66+GF Black HB/1.6mm N —
A70 G25 H BK709 PA66 GF 25 PA66+GF Black HB/1.6mm N —
BG6600-8118 RS LW BK001 PA66 GF 30 PA66+GF Black HB/1.6mm N Laser Weldable
A70 G30 H BK094 PA66 GF 30 PA66+GF Black HB/1.6mm N —
A70 G33 H NC285 PA66 GF 33 PA66+GF Natural HB/1.6mm N —
A70 G35 H BK047 PA66 GF 35 PA66+GF Black HB/1.6mm N —
A70 G40 BK018 PA66 GF 40 PA66+GF Black HB/1.6mm N —
A70 G50 H BK028 PA66 GF 50 PA66+GF Black HB/1.6mm N —
A70 G15 TM-Z BK098 PA66 GF 15 PA66+GF, Impact Black HB/1.6mm N —
A70 G15 HW black TM-Z PA66 GF 15 PA66+GF HS, Impact Black HB/1.6mm N —
A70 G20 H TM-X BK708 PA66 GF 20 PA66+GF, Impact Black HB/1.6mm N —
A70 G30 TM-Y NC144 PA66 GF 30 PA66+GF, Impact Natural HB/1.6mm N —
A70 G33 TM-X NC281 PA66 GF 33 PA66+GF, Impact Natural HB/1.6mm N —
A70 G50 TM-X NC029 PA66 GF 50 PA66+GF, Impact Natural HB/1.6mm N —
A700 G15 H W UF NC059 PA66 GF 15 PA66+GF, NHFR Natural V-0/0.40mm Y —
A700 G20 H WUF BK702 PA66 GF 20 PA66+GF, NHFR Black V-0/1.6mm Y —
A700 G25 H WUF BK039 PA66 GF 25 PA66+GF, NHFR Black V-0/0.40mm Y —
NN-30GF/000 FR V0 BLACK PA66 GF 30 PA66+GF, NHFR Black V-0/1.5mm Y —
A70 G35 UF Black SO PA66 GF 35 PA66+GF, NHFR Black V-0/0.80mm Y —
A700 G25 U NC047 PA66 GF 25 PA66+GF, FR Natural V-0/1.6mm Y —
A700 G15 U-S0 BK035 PA66 GF 15 PA66+GF, FR Black V-0/3.0mm
V-0/1.6mm
Y (3mm)
N (1.6mm) —
A700 G25 U-S0 BK017 PA66 GF 25 PA66+GF, FR Black V-0/3.0mm Y —
A700 G30 U-S0 BK064 PA66 GF 30 PA66+GF, FR Black V-0/3.0mm N —
A70 G30 UV BK207 PA66 GF 30 PA66+GF, UV Black HB/1.6mm N —
A70 G25 MI15 LS BK PA66 GF/Mineral 40 PA66+GF+Mineral, HS Black HB/1.6mm N Laser Markable
METAL
REPLACEMENT,
DENSITY-MODIFIED
Gravi-Tech™ Density-Modified
Formulations
Customizable, high-density polymer composite
that can replace die-cast or machined metal, such
as aluminum or lead, for a variety of application
requirements and densities
• Improved design freedom which can lead to
part consolidation and subsequent cost savings
in production
• Material heft which imparts a sense of quality
and luxury to improve end user experience
• Easier to process than traditional metals
• Provides the touch and feel experience typical
of metal
MATERIAL DESCRIPTION BASE RESIN FILLER COMPOSITION COLOR
GT6000-8029 GRV NC001 PA6 Metal PA6+Metal Natural
GT6000-8028 GRV NC001 PA6 Metal PA6+Metal Natural
GT7300-8054 GRV NC001 ABS Mineral ABS+Mineral Natural
GT7300-8050 GRV NC001 ABS Metal ABS+Mineral Natural
GT7300-8062 GRV Grey VN8909CF ABS Metal ABS+Metal Grey
GT5200-8024 GRV NC001 PP Metal PP+Mineral Natural
GT5200-8025 GRV NC001 PP Mineral PP+Mineral Natural
GT5200-8010 GRV NC001 PP Mineral PP+Mineral Natural
GT3300-8001 GRV WT001 PBT Mineral PBT+Mineral White
GT3300-8002 GRV GY001 PBT Metal PBT+Metal Grey
GT9200-8002 GRV BK001 PPS Metal PPS+Metal Black
THERMALLY
CONDUCTIVE
SOLUTIONS
Therma-Tech™ Thermally
Conductive Formulations
Filled polymer that uniformly
dissipates heat (not insulative)
• Facilitates light weighting and
increased electrification, leading
to lower fuel consumption and
CO2 emissions
• Lowers cost versus cast or
machined components
• Reduces assembly costs due
to part consolidation
• Extends product life via effective
thermal management
MATERIAL DESCRIPTION BASE RESIN COLOR FLAMMABILITY OTHER FEATURES
TT6000-8713 EI NHFR PA Natural V-0/1.6mm TC 1.1 EI
TT6000-8711 EI NHFR WHITE PA White V-0/1.6mm TC 1.0-2.0 EI
TT6600-5001-8 EC GREY PA Grey — TC 19-21 EC
TT9200-8705 EI BLACK PPS Black V-0 TC 2.0 EI
TT9200-8706 EC Black PPS Black V-0 TC 14-15 EC
TT9200-8707 EC Black PPS Black V-0 TC 15-20 EC
TT9200-8708 EC Black PPS Black V-0 TC 14-15 EC
TT3300-8701 EI FR BK PBT Black V-0/1.6mm TC 0.9-2.0 EI
TT9200-8012 EC BK001 PPS Black — TC 6-10 EC
TT9200-8015 EC BK001 PPS Black — TC 10-14 EC
LONG FIBER
REINFORCED SOLUTIONS
OnForce™ Long Glass Fiber Reinforced
Polypropylene Composites &
Complēt™ Long Fiber Reinforced
Structural Thermoplastics
Thermoplastics reinforced with long carbon,
glass or specialty fibers
• High strength-to-weight ratio enables metal
replacement to achieve weight reduction
• Consolidates parts to simplify manufacturing
• Uses less energy for transport (due to
weight reduction)
• Allows designers to integrate fasteners
and other features
MATERIAL DESCRIPTION BASE
% COMPOSITION COLOR
OnForce™ LFT PP-30LGF/001 NATURAL PP LGF 30 PP+LGF Natural
OnForce™ LFT PP-30LGF/001 BLACK UV PP LGF 30 PP+LGF Black
OnForce™ LFT PP-40LGF/001 NATURAL PP LGF 40 PP+LGF Natural
OnForce™ LFT PP-40LGF/001 BLACK UV PP LGF 40 PP+LGF Black
OnForce™ LFT NN-30LGF/000 HS NATURAL PA66 LGF 30 PA66+LGF Natural
OnForce™ LFT NN-30LGF/000 HS UV BLACK PA66 LGF 30 PA66+LGF Black
OnForce™ LFT NN-40LGF/000 HS NATURAL PA66 LGF 40 PA66+LGF Natural
OnForce™ LFT NN-40LGF/000 HS UV BLACK PA66 LGF 40 PA66+LGF Black
OnForce™ LFT NN-50LGF/000 HS NATURAL PA66 LGF 50 PA66+LGF Natural
OnForce™ LFT NN-50LGF/000 HS UV BLACK PA66 LGF 50 PA66+LGF Black
OnForce™ LFT NN-60LGF/000 HS NATURAL PA66 LGF 60 PA66+LGF Natural
OnForce™ LFT NN-60LGF/000 HS UV BLACK PA66 LGF 60 PA66+LGF Black
Complet™ LCF40-TPU-5 1000 GRY TPU LCF 40 — Grey
Complet™ LCF15-PBT-5 3000 BLK PBT LCF 15 — Black
Complet™ LCF40-PEI-5 1000GRY PEI LCF 40 — Grey
Complet™ LGF50-PARA-5 NHFR 1000 NAT PARA LGF 50 — Natural
Complet™ LCG40-PA66-5 1000 GRY PA66 LCF/LGF 40 — Grey
HEALTHCARE
THERMOPLASTICS
Trilliant™ HC Healthcare
• Chemically resistant replacement for FR PC/ABS,
FR PC/PET & FR COPE, providing UL 94 Yellow Card V-0
flame rating at 1.5 mm, V-1 at 0.75 mm thicknesses for
a broad color spectrum
• Outperforms PC/ABS, PC/PET and COPE in resistance
to common disinfectants
• Retains tensile strength after 72-hour exposure to
common hospital disinfectants, and shows better
long-term chemical resistance as compared to PC
blends and COPE
• Exhibits good impact and temperature resistance
• Custom pre-color formulations support product
differentiation in the healthcare industry
• Applications include medical device housings, MRI,
X-ray, CT scanner components, surgical instruments
such as staplers, dissectors, scissors, auto-injector pens
MATERIAL
BASE
HC2020 Copolyester
HC8910/8920 Polyketone/
ABS blend
HC2120 Tritan
HC3120 PC
HC5210 PP
HC6010 PA6
HC6610 PA66
GRV-NP-110-W PA12
BIO-BASED
AND RECYCLED
POLYAMIDE
Nymax™ Bio-based Polyamide Solutions
• Achieves equivalent performance to PA66 glass
fiber-filled formulations using bio-based material
to reduce carbon footprint
• Delivers excellent dimension stability and
property retention rate after water uptake
• Offers lower warpage plus excellent surface
appearance and colorability compared with PA66
glass fiber-filled materials
• Provides a cost-effective option to PA66 glass
fiber-reinforced materials
DESCRIPTION FILLER FILLER
% COMPOSITION COLOR FEATURES BIO CONTENT
%
NM5600-8004 RS NC001 GF 50 PA56+GF Natural — 23
NM5600-8005 RS LWA NC001 GF 50 PA56+GF Natural Low water absorption 18
NM5600-8006 RS LWA NC001 GF 50 PA56+GF Natural Low water absorption 16
NM5600-8002 RS NC001 GF 30 PA56+GF Natural — 32
NM5600-8003 RS LWA NC001 GF 30 PA56+GF Natural Low water absorption 27
NM5600-8007 RS LWA NC001 GF 30 PA56+GF Natural Low water absorption 23
NM5600-8001 NC001 Unfilled 0 PA56 Unfilled Natural — 45
Recycled Formulations
• Enhances value of end-products
• Appeals to eco-conscious consumers
• Offers performance comparable to virgin
engineering materials
• Reduces carbon emissions
• PCR or PIR solutions available
BASE
RESIN FILLER FILLER
% COMPOSITION COLOR FLAMMABILITY RECYCLE
TYPE
RECYCLE
CONTENT
%
OTHER
ET3200-8254 C
NC030 PC Unfilled 0 PCR PC Unfilled Transparent — PCR 30 —
ET3200-8233 RS C
BK035 PC GF 10 PCR PC + GF Black — PCR 35 —
ET3200-8235 RS C
BK030 PC GF 20 PCR PC + GF Black — PCR 30 —
ET3200-8237 RS FR
C BK025 PC GF 30 PCR PC + GF Black V0 1.5 PCR 25 FR
ET3200-8234 RS C
BK070 PC GF 10 PCR PC + GF Black — PCR 70 —
ET3200-8236 RS C
BK060 PC GF 20 PCR PC + GF Black — PCR 60 —
ET3200-8238 RS FR
C BK050 PC GF 30 PCR PC + GF Black V0 1.5 PCR 50 FR
ET3200-8239 RS I
BK035 PC GF 10 PIR PC + GF Black — PIR 35 —
ET3200-8241 RS I
BK030 PC GF 20 PIR PC + GF Black — PIR 30 —
ET3200-8243 RS FR
I BK025 PC GF 30 PIR PC + GF Black V0 1.5 PIR 25 FR
ET3200-8240 RS I
BK070 PC GF 10 PIR PC + GF Black — PIR 70 —
ET3200-8242 RS I
BK060 PC GF 20 PIR PC + GF Black — PIR 60 —
ET3200-8244 RS FR
I BK050 PC GF 30 PIR PC + GF Black V0 1.5 PIR 50 FR
ET3200-8252 RS
NHFR C BK035 PC GF 20 PCR PC + GF Black V0 0.6 PCR 35 NHFR
MX5200-8151 C
NC050 PP Unfilled 0 PCR PP Unfilled Natural — PCR 50 —
MX5200-8175 FD C
NC100 PP Unfilled 0 PCR PP Unfilled Natural — PCR 99 FDA
ST6000-8028 ESD
BK001 PA6 CF 30 PA6 + PIR CF Black — PIR 30 —
BG6000-8129 RS IC
BK100 PA6 CF 15 PIR PA6 + PIR CF Black — PIR 99 —
ET7300-8118 C
BK085 ABS Unfilled 0 — Black — PCR 85 —
ET7300-8113 C
BK070 ABS Unfilled 0 — Black — PCR 70 —
BR3400-8007 RS
BK075 PET GF 15 — Black — PCR 75 —
BR3400-8010 RS
NHFR C BK050 PET GF 33 — Black — PCR 50 NHFR
BG6600-8180 HS RS
I BK050 PA66 GF 30 — Black — PIR 50 —
BG6000-8130 RS I
BK065 PA66 GF 30 — Black — PIR 65 —
MX5200-8153 RS C
NC050 PP GF 30 PCR PP+ GF Natural — PCR 50 —
MX5200-8186 RS C
NC050 PP GF 40 PCR PP+ GF Natural — PCR 50 —
SOFT-TOUCH &
EASILY PROCESSED
THERMOPLASTIC
ELASTOMERS (TPEs)
Soft-touch elastomers that create good tactile
qualities and ergonomics can be used in a wide range
of applications
• TPEs can be overmolded onto a rigid substrate
• Good weather resistance, enhanced flexibility and
durability
• Good sealing performance
• Available in FDA-compliant and medical grades
• Easily processed and colored
• Applications include outdoor equipment grips, utility
items and tools, sealing and gaskets, cooking utensils
such as measuring cups and rolling pins, and personal
hygiene products such as toothbrushes and razors
MATERIAL
DESCRIPTION HARDNESS COLOR OVERMOLD
DENSITY
COMPRESSION
SET/23C, 22H COMPLIANCE
Dynalloy™ GP 7810 series 20–80A Translucent PP 0.87 21%(60A) FDA
Dynalloy™ GP 7820 series 30–80A Natural PP 1 — FDA
Dynaflex™ G7600 series 30–90A Natural/Black PP 1.18 12%(50A) FDA
Versaflex™ OM 9130 30A Translucent PC/ABS 0.90 35% FDA
Versaflex™ OM 9140 40A Translucent PC/ABS 0.90 35% FDA
Versaflex™ OM 9150 50A Translucent PC/ABS 0.91 38% FDA
Versaflex™ OM 9240 40A Clear PC/ABS 0.90 — FDA
Versaflex™ OM 1040X 40A Translucent PC/ABS 0.92 22% Medical
Versaflex™ OM 3060 60A Clear PC/ABS 0.9 33% Medical,UL
Versaflex™ OM 1060X 60A Natural/Black PC/ABS 0.93 29% UL
Versaflex™ GP 3630-45 45A Natural PC/ABS 1.05 — —
Versaflex™ GP 3630-55 55A Natural/Black PC/ABS 1.05 — UL
Versaflex™ OM 9-802-CL 40A Translucent POM/PC/ABS 0.92 20% UL
Versaflex™ OM 9-801 47A Natural POM/PC/ABS 1.04 43% UL
LOW ODOR,
VOC &
FOGGING TPEs
Thermoplastic elastomers that
reduce volatile organic compounds
(VOCs) and fogging
• Reduces VOCs and fogging in
elastomeric materials
• Externally tested to VDA 278 and
VDA 270
• Does not require pre-drying or post
heating to reduce VOCs
• Easily colored at machine
• Good UV resistance
MATERIAL
DENSITY
(g/cm3) APPLICATIONS VDA
270
VDA 278
(VOC)
µg/g
VDA 278
(FOG)
µg/g
DIN 75201
(FOG) mg
OnFlex™ LO
AF7120 45–65 A Natural/
Black PP 1.15 HVAC
Systems
Interior
Trays ≤ 3.0 97 1131 0.3
OnFlex™ AF 7210 50–90 A Natural/
Black PP 0.99 Interior
Trays
Fasteners/
Clips ≤ 3.0 147 1081 1.7
OnFlex™ S EH 50–90 A Natural/
Black PP 1.2 Interior Trays ≤ 3.0 196 1707 1.8
SPECIALTY NYLON
OVERMOLDING TPEs
Thermoplastic elastomer formulations
overmolded onto various nylon substrates
• Excellent adhesion on various nylon substrates,
such as PA6, PA66, PA11/12, reinforced flame
retardant nylon
• Easily processed and colored
• Typical applications such as power tools,
automotive interiors and home appliances
MATERIAL
DESCRIPTION HARDNESS COLOR OVERMOLD
DENSITY
COMPRESSION
SET/23C, 22H COMPLIANCE
Versaflex™ OM 6240 40A Natural Nylon 1.17 22% —
Versaflex™ OM 6258 60A Natural/
Black Nylon 1.20 23% UL
Versaflex™ OM 6460 60A Natural/
Black Nylon 1.09 — —
Versaflex™ OM 6275 78A Natural/
Black Nylon 1.10 25% —
SUSTAINABLE TPE
Materials based on renewable resources rather than petroleum
• Significant (40% to 50%) bio-based content
• Post-industrial recycled (PIR) and post-consumer recycled (PCR)
content formulations
• Wide hardness range
• Comparable performance characteristics to standard TPEs
• Easily processed and colored
MATERIAL
DESCRIPTION HARDNESS COLOR OVERMOLD
DENSITY
BIO-DERIVED
CONTENT (%)
5530-55N 55A Natural PC, ABS, Copolyester 1.01 40%
5530-65N 65A Natural PC, ABS, Copolyester 1.04 40%
5540-30N 30A Natural PP 0.87 40%
5540-40N 40A Natural PP 0.88 40%
5540-50N 50A Natural PP 0.88 40%
5540-60N 60A Natural PP 0.87 40%
5540-70N 70A Natural PP 0.87 40%
5540-80N 80A Natural PP 0.87 40%
5540-90N 90A Natural PP 0.88 40%
MATERIAL
DESCRIPTION HARDNESS COLOR OVERMOLD
DENSITY
RECYCLE
CONTENT TYPE
RECYCLE
CONTENT
DY 7810-801 C 30A Natural PP 0.88 PCR 9%
DY 7810-801 C 40A Natural PP 0.88 PCR 12%
DY 7810-801 C 50A Natural PP 0.88 PCR 15%
DY 7810-801 C 60A Natural PP 0.88 PCR 21%
DY 7810-801 C 70A Natural PP 0.88 PCR 23%
DY 7810-801 C 80A Natural PP 0.88 PCR 30%
DY 7810-801 C 90A Natural PP 0.88 PCR 39%
DY 7820-801 C 30A Natural PP 0.95 PCR 60%
DY 7820-801 C 40A Natural PP 0.94 PCR 60%
DY 7820-801 C 50A Natural PP 0.97 PCR 60%
DY 7820-801 C 60A Natural PP 0.97 PCR 60%
DY 7820-801 C 70A Natural PP 0.99 PCR 60%
DY 7820-801 C 80A Natural PP 1.01 PCR 60%
DY 7820-801 C 90A Natural PP 1.02 PCR 60%
VX3120-801 I 65A Natural PC, ABS, PC/ABS 1.11 PIR 20%
VX3120-802 I 65A Natural PC, ABS, PC/ABS 1.1 PIR 40%
VX3120-803 I 65A Natural PC, ABS, PC/ABS 1.11 PIR 60%
re
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OUTSTANDING
LOOK AND FEEL
CHEMICALLY
RESISTANT TPEs
TPE provides premium look and feel over
a long time period
• Silky touch/feel (soft and smooth)
• Good UV resistance
• Stain, chemical resistance
(resistant to sweat, various fluids, etc
For
fatty foods and over 8%
alcohol; conditions D–G)
Dynaflex™
G2780C 84A Translucent PE 0.9
(Aqueous foods;
Versaflex™
FFC 2882-50 50A Translucent PP 0.9
(Aqueous foods;
EU
10/2011 N/A
FFC 2882-70 70A Translucent PP 0.88
(Aqueous foods;
EU
FFC 2882-87 87A Translucent PP 0.88
(Aqueous foods;
EU
FFC 3882-70 70A Natural PETG, ABS, PC 1.1
(Aqueous foods;
EU
OM 9100 Series 30–50A Translucent PC/ABS 0.9 FDA 177.1210 N/A N/A
Copyright © 2024, Avient Corporation.
https://www.avient.com/sites/default/files/2021-07/avnt-q2-2021-earnings-release.pdf
Rose
Vice President, Corporate Communications
Avient Corporation
+1 440-930-3162
kyle.rose@avient.com
6
Attachment 1
Avient Corporation
Summary of Condensed Consolidated Statements of Income (Unaudited)
(In millions, except per share data)
Three Months Ended
June 30,
Six Months Ended
June 30,
2021 2020 2021 2020
Sales $ 1,235.2 $ 609.1 $ 2,397.5 $ 1,320.6
Operating Income 108.1 38.0 228.5 90.8
Net income from continuing operations attributable to Avient shareholders 68.8 23.0 148.1 56.1
Basic earnings per share from continuing operations attributable to Avient
shareholders $ 0.75 $ 0.25 $ 1.62 $ 0.63
Diluted earnings per share from continuing operations attributable to Avient
shareholders $ 0.74 $ 0.25 $ 1.60 $ 0.63
Senior management uses comparisons of adjusted net income from continuing operations attributable to Avient shareholders
and diluted adjusted earnings per share (EPS) from continuing operations attributable to Avient shareholders, excluding special
items, to assess performance and facilitate comparability of results.
Three Months Ended
June 30, 2021
Three Months Ended
June 30, 2020
Reconciliation to Condensed Consolidated Statements of Income $ EPS $ EPS
Net income from continuing operations attributable to Avient shareholders $ 68.8 $ 0.74 $ 23.0 $ 0.25
Special items, after tax (Attachment 3) 11.7 0.13 2.6 0.03
Adjusted net income / EPS - excluding special items $ 80.5 $ 0.87 $ 25.6 $ 0.28
Six Months Ended
June 30, 2021
Six Months Ended
June 30, 2020
Reconciliation to Condensed Consolidated Statements of Income $ EPS $ EPS
Net income from continuing operations attributable to Avient shareholders $ 148.1 $ 1.60 $ 56.1 $ 0.63
Special items, after tax (Attachment 3) 14.3 0.16 11.2 0.12
Adjusted net income / EPS - excluding special items $ 162.4 $ 1.76 $ 67.3 $ 0.75
7
Attachment 2
Avient Corporation
Condensed Consolidated Statements of Income (Unaudited)
(In millions, except per share data)
Three Months Ended
June 30,
Six Months Ended
June 30,
2021 2020 2021 2020
Sales $ 1,235.2 $ 609.1 $ 2,397.5 $ 1,320.6
Cost of sales 946.5 459.4 1,806.4 999.4
Gross margin 288.7 149.7 591.1 321.2
Selling and administrative expense 180.6 111.7 362.6 230.4
Operating income 108.1 38.0 228.5 90.8
Interest expense, net (19.5) (16.2) (38.8) (25.6)
Other income, net 1.2 9.5 2.7 11.1
Income from continuing operations before income taxes 89.8 31.3 192.4 76.3
Income taxes (20.4) (7.9) (43.3) (19.8)
Net income from continuing operations 69.4 23.4 149.1 56.5
Loss from discontinued operations, net of income taxes — (0.2) — (0.5)
Net income 69.4 23.2 149.1 56.0
Net income attributable to noncontrolling interests (0.6) (0.4) (1.0) (0.4)
Net income attributable to Avient common shareholders $ 68.8 $ 22.8 $ 148.1 $ 55.6
Earnings per share attributable to Avient common shareholders - Basic:
Continuing operations $ 0.75 $ 0.25 $ 1.62 $ 0.63
Discontinued operations — — — —
Total $ 0.75 $ 0.25 $ 1.62 $ 0.63
Earnings per share attributable to Avient common shareholders - Diluted:
Continuing operations $ 0.74 $ 0.25 $ 1.60 $ 0.63
Discontinued operations — — — (0.01)
Total $ 0.74 $ 0.25 $ 1.60 $ 0.62
Cash dividends declared per share of common stock $ 0.2125 $ 0.2025 $ 0.4250 $ 0.4050
Weighted-average shares used to compute earnings per
common share:
Basic 91.3 91.4 91.3 88.8
Diluted 92.4 91.8 92.3 89.4
8
Attachment 3
Avient Corporation
Summary of Special Items (Unaudited)
(In millions, except per share data)
Special items (1)
Three Months Ended
June 30,
Six Months Ended
June 30,
2021 2020 2021 2020
Cost of sales:
Restructuring costs, including accelerated depreciation and
amortization $ (1.5) $ (1.2) $ (3.3) $ (1.2)
Environmental remediation costs (12.5) (3.1) (13.0) (3.5)
Reimbursement of previously incurred environmental costs — 8.5 4.5 8.7
Acquisition related costs 1.4 — 1.4 —
Impact on cost of sales (12.6) 4.2 (10.4) 4.0
Selling and administrative expense:
Restructuring, legal and other (1.4) (3.5) (2.7) (5.3)
Acquisition earn-out adjustments — — — (1.0)
Acquisition related costs (0.2) (9.7) (3.5) (16.4)
Impact on selling and administrative expense (1.6) (13.2) (6.2) (22.7)
Impact on operating income (14.2) (9.0) (16.6) (18.7)
Costs related to committed financing in interest expense, net — (0.5) — (0.5)
Other income, net — 0.2 — 0.3
Pension settlement gain and mark-to-market adjustment — 6.9 — 6.9
Impact on income from continuing operations before income taxes (14.2) (2.4) (16.6) (12.0)
Income tax benefit on above special items 3.4 0.7 4.3 2.7
Tax adjustments(2) (0.9) (0.9) (2.0) (1.9)
Impact of special items on net income from continuing operations
attributable to Avient Shareholders $ (11.7) $ (2.6) $ (14.3) $ (11.2)
Diluted earnings per common share impact $ (0.13) $ (0.03) $ (0.16) $ (0.12)
Weighted average shares used to compute adjusted earnings per share:
Diluted 92.4 91.8 92.3 89.4
(1) Special items include charges related to specific strategic initiatives or financial restructuring such as: consolidation of operations; debt
extinguishment costs; costs incurred directly in relation to acquisitions or divestitures; employee separation costs resulting from personnel
reduction programs, plant realignment costs, executive separation agreements; asset impairments; settlement gains or losses and mark-to-
market adjustments associated with actuarial gains and losses on pension and other post-retirement benefit plans; environmental
remediation costs, fines, penalties and related insurance recoveries related to facilities no longer owned or closed in prior years; gains and
losses on the divestiture of operating businesses, joint ventures and equity investments; gains and losses on facility or property sales or
disposals; results of litigation, fines or penalties, where such litigation (or action relating to the fines or penalties) arose prior to the
commencement of the performance period; one-time, non-recurring items; and the effect of changes in accounting principles or other such
laws or provisions affecting reported results
Three Months Ended
June 30,
Six Months Ended
June 30,
2021 2020 2021 2020
Sales:
Color, Additives and Inks $ 624.4 $ 226.8 $ 1,233.7 $ 483.3
Specialty Engineered Materials 240.6 158.8 457.1 344.1
Distribution 404.4 238.8 767.1 528.3
Corporate and eliminations (34.2) (15.3) (60.4) (35.1)
Sales $ 1,235.2 $ 609.1 $ 2,397.5 $ 1,320.6
Gross margin:
Color, Additives and Inks $ 193.4 $ 75.7 $ 390.9 $ 165.1
Specialty Engineered Materials 69.6 42.5 134.3 95.1
Distribution 40.1 27.2 79.4 60.8
Corporate and eliminations (14.4) 4.3 (13.5) 0.2
Gross margin $ 288.7 $ 149.7 $ 591.1 $ 321.2
Selling and administrative expense:
Color, Additives and Inks $ 107.1 $ 43.4 $ 215.8 $ 92.3
Specialty Engineered Materials 32.3 25.5 62.8 55.8
Distribution 16.4 12.6 31.7 26.8
Corporate and eliminations 24.8 30.2 52.3 55.5
Selling and administrative expense $ 180.6 $ 111.7 $ 362.6 $ 230.4
Operating income:
Color, Additives and Inks $ 86.3 $ 32.3 $ 175.1 $ 72.8
Specialty Engineered Materials 37.3 17.0 71.5 39.3
Distribution 23.7 14.6 47.7 34.0
Corporate and eliminations (39.2) (25.9) (65.8) (55.3)
Operating income $ 108.1 $ 38.0 $ 228.5 $ 90.8
Earnings before interest, taxes, depreciation and
amortization (EBITDA):
Color, Additives and Inks $ 111.6 $ 42.9 $ 227.7 $ 94.4
Specialty Engineered Materials 45.4 24.6 87.4 54.4
Distribution 23.9 14.7 48.1 34.2
Corporate and eliminations (39.0) (23.3) (63.8) (51.4)
Other income, net 1.2 9.5 $ 2.7 $ 11.1
EBITDA $ 143.1 $ 68.4 $ 302.1 $ 142.7
12
Attachment 7
Avient Corporation
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(In millions, except per share data)
Senior management uses gross margin before special items and operating income before special items to assess performance
and allocate resources because senior management believes that these measures are useful in understanding current
profitability levels and how it may serve as a basis for future performance.