https://www.avient.com/investor-center/news/avient-collaborates-oceanworks-expand-use-recycled-ocean-plastics
Oceanworks was selected in 2020 as a breakthrough venture to be incubated under AEPW's Innovation program with early-stage startup accelerator, Plug and Play.
https://www.avient.com/resource-center?document_type=59&document_subtype=0&industry=0&product_family=0&product_name=0&op=FILTER RESULTS&form_id=resource_filter_form&page=41
Program Bulletin – Thermoplastic Composite Innovation Cell
https://www.avient.com/products/thermoplastic-elastomers/versaflex-thermoplastic-elastomers
Unfilled TPEs developed to deliver optical clarity for a wide variety of applications from pet toys to cap liners
Unfilled, translucent TPE series developed for wide range of applications and offering good colorability
Versaflex™ PF formulations are specially developed for the manufacture of co-extruded surface protective films
https://www.avient.com/center-of-excellence/avient-europe-middle-east-and-africa
With a network of advanced manufacturing facilities across Europe, Middle East and Africa, we can quickly develop formulations to satisfy the demands of your applications.
Avient Innovation Centers are designed to facilitate collaborative innovation, accelerate application development and increase speed-to-market.
Avient Innovation Centers are designed to facilitate collaborative innovation, accelerate application development and increase speed-to-market.
https://www.avient.com/sites/default/files/resources/Investor%2520Day%2520-%2520May%25202012%2520-%2520Operational%2520Excellence.pdf
Kedrowski
Page 38
Operational Excellence
• Operational Excellence is a never-ending quest
for improvement in response to the voice of our
customers and shareholders
• It is all about strengthening our capabilities to
deliver value flawlessly to our customers deliver value flawlessly to our customers
• It challenges us to enhance our
productivity, profitability, and efficiency
in all phases of our business, from
safety to quality to waste elimination
to environmental stewardship
Page 39
Lean Six Sigma Initiative
• In 2009, Lean Six Sigma was launched to
improve execution skills across all
businesses, functions, and global regions
• A company-wide diagnostic was
conducted, resulting in identification of six conducted, resulting in identification of six
strategic improvement platforms
• Financial targets were estimated,
resources identified and trained
results delivered
,
Page 40
PolyOne OSHA Recordable Incidence Rate
4
5
6
5.1
Safety Performance
*Rubber And Plastics Manufacturing Industry (2010 Bureau of Labor Statistics).
0
1
2
3
2005 2006 2007 2008 2009 2010 2011 Industry
Average
1.4 1.3
1.1 1.1 0.85 0.65
0.57
Page 41
• Exemplary on-time delivery
• Best-in-class working capital
% of sales
81%
87%
88%
95%
93%
92%
94%
2005 2006 2007 2008 2009 2010 2011
On-Time Delivery*
Lean Six Sigma Delivering Results
• Approximately $200M in
cash driven by working
capital improvements
16.2%
14.4%
18.9%
11.7%
9.6% 9.6%
2006 2007 2008 2009 2010 2011
WC % of Sales
2005 2006 2007 2008 2009 2010 2011
*As measured to customer request date
Page 42
40.0%
Percent of Associates
Trained in LSS
World’s Best Start-up
Program in 2009*
World’s Best Business Process
Excellence Program in 2012*
Award-Winning Lean Six Sigma Program
*Both awards received from International Quality and Productivity Center
16.5%
40.0%
2009 2011
Page 43
• Globally leverage strategic supplier
management best practices
• Implement world class demand
management processes
Critical Imperatives
• Improve operational reliability and efficiencies
• Optimize global freight management
Drive 50 – 100 basis points of gross margin expansion per year
Page 44
Page 45
https://www.avient.com/news/avient-launches-new-recycled-content-thermoplastic-elastomers-and-metallic-effect-sulfone-solutions-fakuma-2024
NEW Colorant Chromatics™ Metallic Effect Pre-Colored Sulfone Formulations: new pre-colored sulfone solutions with metallic effects, including gold, bronze, and silver, developed to emulate finishes that use metal without the weight and secondary processing but have the benefits of sulfone polymers, including ultra-high temperature and chemical resistance.
Especially useful for consumer goods, aerospace, and healthcare, they support extended shelf life, multiple sterilizations, lower energy requirements, and lower volatile organic compound (VOC) emissions, aligning with Avient’s commitment to developing sustainable solutions that can appear luxurious.
RECENTLY LAUNCHED reSound™ REC AF 7210 TPEs: specifically developed for automotive interior applications, these new TPE grades from Avient contain 51-59% recycled content, with a minimum of 37% of that content from PCR sources, including closed-loop feedstock.
https://www.avient.com/products/long-fiber-technology/complet-pke-formulations
Discover FEA capabilities and the benefits for new product development.
Long Fiber Technologies Application Development
Avient long fiber technologies application development center bulletin highlighting services including design support, material validation, simulation support, and in-house prototyping
https://www.avient.com/news/new-edgetek-and-lubrione-pke-materials-avient-replace-nylon-and-acetal-reduce-carbon-footprint
Developed in response to current nylon supply constraints, the new Edgetek™ PKE and LubriOne™ PKE series provide performance similar to PA66 and PA6.
These developments provide a sustainable and cost-effective alternative to PA66 and PA6 supply constraints hindering our customers,” said Matt Mitchell, director, global marketing of Specialty Engineered Materials at Avient.
https://www.avient.com/news/comfort-meets-design-freedom-new-overmolding-solution-versaflex-vdt-vibration-damping-tpe-portfolio
– PolyOne GLS Thermoplastic Elastomers today announced the launch of an overmolding technology based on Versaflex™ VDT thermoplastic elastomer (TPEs), developed for vibration and impact damping applications.
CAPTION: Versaflex™ VDT for overmolding developed for vibration and impact damping in consumer electronics, power tools, sporting goods, appliances, and more.
https://www.avient.com/company/sustainability/sustainability-report/goals-commitments/message-vp-sustainability
Our focus remains on developing innovative solutions that solve our customers’ most demanding sustainability challenges to help them to meet their sustainability goals, while minimizing the environmental impact of our operations.
We will create opportunity for our employees by growing our business, investing in world-class training and development, and making Avient the employer of choice.