https://www.avient.com/sites/default/files/resources/POL%2520CFA%2520IR%2520Presentation%2520w%2520non%2520GAAP%252011%252019%25202013.pdf
Platform operating income mix percentage 2005Y* 2008Y* 2010Y* YTD 2013 Global Specialty Engineered Materials $ 0.4 $ 17.6 $ 49.7 $ 48.2 Global Color, Additives and Inks 4.3 28.1 37.7 83.4 Designed Structures and Solutions - - - 21.4 Specialty Platform $ 4.7 $ 45.7 $ 87.4 $ 153.0 Performance Products and Solutions 75.7 31.3 54.0 41.8 Distribution 19.5 28.1 42.0 49.7 SunBelt Joint venture 91.9 28.6 18.9 - Corporate (51.5) (425.1) (27.7) (61.7) Operating income (loss) GAAP $ 140.3 $ (291.4) $ 174.6 $ 182.8 Less: Corporate operating expense 51.5 425.1 27.7 61.7 Operating income excluding Corporate $ 191.8 $ 133.7 $ 202.3 $ 244.5 Specialty platform operating mix percentage 2% 34% 43% 63% * Historical results include the Resin and Specialty Coatings businesses within the Performance Products and Solutions segment.
Platform sales and operating income (OI) 2006Y* YTD 2013 Organic’ Acquisitions** YTD 2013’ Consolidated Global Specialty Engineered Materials Sales $ 345.3 $ 427.2 $ 113.6 $ 540.8 Global Color, Additives and Inks Sales 531.8 608.0 45.7 653.7 Designed Structures and Solutions Sales - - 428.2 428.2 Specialty Platform Sales $ 877.1 $ 1,035.2 $ 587.5 1,622.7 Performance Products and Solutions Sales 1,166.2 473.6 39.2 512.8 PolyOne Distribution Sales 732.8 818.1 - 818.1 Corporate and eliminations (153.7) (106.0) - (106.0) Total Sales $ 2,622.4 $ 2,220.9 $ 626.7 $ 2,847.6 Global Specialty Engineered Materials OI $ 3.9 $ 46.1 $ 2.1 $ 48.2 Global Color, Additives and Inks OI 8.9 78.0 5.4 83.4 Designed Structures & Solutions OI - - 21.4 21.4 Specialty Platform OI $ 12.8 $ 124.1 $ 28.9 $ 153.0 Performance Products and Solutions OI 64.2 38.1 3.7 41.8 PolyOne Distribution OI 19.2 49.7 - 49.7 Sunbelt Joint Venture OI 102.9 - - - Corporate and eliminations (4.6) (39.5) - (39.5) Special items in OI 39.1 (22.2) - (22.2) Operating income GAAP $ 233.6 $ 150.2 $ 32.6 $ 182.8 Sunbelt equity income (107.0) - - - Special items in OI (39.1) 22.2 - 22.2 Operating income adjusted $ 87.5 $ 172.4 $ 32.6 $ 205.0 Global Specialty Engineered Materials - OI % of sales 1.1% 10.8% 1.8% 8.9% Global Color, Additives and Inks - OI % of sales 1.7% 12.8% 11.8% 12.8% Designed Structures & Solutions - OI % of sales - - 5.0% 5.0% Specialty platform OI - % of sales 1.5% 12.0% 5.0% 9.4% PP&S operating OI - % of sales 5.5% 8.0% 9.4% 8.2% Distribution OI - % of sales 2.6% 6.1% - 6.1% PolyOne OI adjusted - % of sales 3.3% 7.8% 5.2% 7.2% * Historical results include the Resin and Specialty Coatings businesses within the Performance Products and Solutions segment. ** Spartech and Glasforms results for the nine months ended September 30, 2013.
Spartech results reflect results since the date of acquisition. “””Three Months Ended ‘’’’’September 30, Platform operating income “””””””2013 2012 (a) Global Specialty Engineered Materials $ 15.7 $ 13.1 Global Color, Additives and Inks 28.7 18.6 Designed Structures and Solutions 10.9 – Specialty Platform 55.3 31.7 Performance Products and Solutions 14.3 12.3 PolyOne Distribution 16.6 16.4 Corporate and eliminations (24.6) (16.9) Operating income $ 61.6 $ 43.5 (a) Adjusted to reflect the resins business as a discontinued operation.
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Platform operating income mix percentage 2005Y* 2006* 2008Y* 2010Y* 2013Y Global Specialty Engineered Materials $ 0.4 $ 3.9 $ 17.6 $ 49.7 $ 57.2 Global Color, Additives and Inks 4.3 8.9 28.1 37.7 104.0 Designed Structures and Solutions - - - - 33.4 Specialty Platform $ 4.7 $ 12.8 $ 45.7 $ 87.4 $ 194.6 Performance Products and Solutions 75.7 64.2 31.3 54.0 56.0 Distribution 19.5 19.2 28.1 42.0 63.3 SunBelt Joint venture 91.9 102.9 28.6 18.9 - Corporate (51.5) 34.5 (425.1) (27.7) (82.4) Operating income (loss) GAAP $ 140.3 $ 233.6 $ (291.4) $ 174.6 $ 231.5 Less: Corporate operating expense 51.5 (34.5) 425.1 27.7 82.4 Operating income excluding Corporate $ 191.8 $ 199.1 $ 133.7 $ 202.3 $ 313.9 Specialty platform operating mix percentage 2% 6% 34% 43% 62% * Historical results include the Resin and Specialty Coatings businesses within the Performance Products and Solutions segment.
Reconciliation to Condensed Consolidated Balance Sheets 2013 Short-term debt and current portion of long-term debt $ 12.7 Long-term debt 976.2 Less cash and cash equivalents (365.2) Net debt $ 623.7 Adjusted EBITDA 2013 Income before income taxes $ 151.0 Interest expense, net 63.5 Depreciation and amortization 108.8 Special items in EBITDA 31.7 Adjusted EBITDA $ 355.0 2 Platform sales and operating income (OI) 2006Y* 2013Y Global Specialty Engineered Materials sales $ 345.3 $ 615.5 Global Color, Additives and Inks sales 531.8 852.3 Designed Structures and Solutions sales - 597.4 Specialty Platform sales 877.1 2,065.2 Performance Products and Solutions sales 1,166.2 773.2 PolyOne Distribution sales 732.8 1,075.2 Corporate and eliminations (153.7) (142.4) Total sales $ 2,622.4 $ 3,771.2 Global Specialty Engineered Materials OI $ 3.9 $ 57.2 Global Color, Additives and Inks OI 8.9 104.0 Designed Structures & Solutions OI - 33.4 Specialty Platform OI 12.8 194.6 Performance Products and Solutions OI 64.2 56.0 PolyOne Distribution OI 19.2 63.3 Sunbelt Joint Venture OI 102.9 - Corporate and eliminations (4.6) (52.4) Special items in OI 39.1 (30.0) Operating income GAAP 233.6 231.5 Sunbelt equity income (107.0) - Special items in OI (39.1) 30.0 Adjusted operating income $ 87.5 $ 261.5 Global Specialty Engineered Materials - OI % of sales 1.1% 9.3% Global Color, Additives and Inks - OI % of sales 1.7% 12.2% Designed Structures & Solutions - OI % of sales - 5.6% Specialty platform OI - % of sales 1.5% 9.4% PP&S operating OI - % of sales 5.5% 7.2% Distribution OI - % of sales 2.6% 5.9% PolyOne OI adjusted - % of sales 3.3% 6.9% * Historical results include the Resin and Specialty Coatings businesses within the Performance Products and Solutions segment.
Appendix At a Glance�Global Specialty Engineered Materials At a Glance�Global Color, Additives, and Inks At a Glance�Designed Structures and Solutions At a Glance�Performance Products and Solutions At a Glance�Distribution Plastics: Key to Future Sustainable Development Establish Lean Six Sigma As Way of Life Application Examples Slide Number 24 2012 Range Rover Evoque Interior Slide Number 26 Slide Number 27 Metal Replacement Solutions High-Barrier Packaging Containers Aerospace Applications Sidoti Reconciliation of Non-GAAP.pdf Section 1
https://www.avient.com/sites/default/files/2020-10/antimicrobial-case-study.pdf
DENTAL PRODUCTS MANUFACTURER T O O T H B R U S H E S • Achieve lower let-down ratios (LDRs) • Maintain sufficient antimicrobial functionality • Preserve clarity or retain opacity, depending on resin • Shorten lead times to minimize inventory and production bottlenecks • Provided full antimicrobial functionality at lower LDRs for 30% annual cost savings • Designed universal carrier that enabled additive use across a variety of resins • Reduced lead time over previous supplier by one week, enabling customer to better manage inventory levels and increase production efficiencies WithStand™ Antimicrobial Additives KEY REQUIREMENTS WHY AVIENT?
AVIENT SOLUTION PERFORMANCE + VERSATILITY LEARN MORE © 2020, Avient Corporation, All Right Reserved https://www.avient.com/products/polymer-additives/performance-enhancement-additives/withstand-antimicrobial-additives
https://www.avient.com/sites/default/files/2021-03/versaflex-click-and-lock-closure-case-study-one-pager.pdf
HOMEWARE PRODUCTS MANUFACTURER C L I P & L O C K C L O S U R E • Food contact compliance • Good compatibility • Excellent hinging properties • Reduce strain marks • Retain clarity • Provided extensive technical support throughout formulation development • Met exact mechanical properties, provided excellent hinging properties and reduced strain whitening marks • Increased flexibility & lowered temperature flexing properties • Enabled customer to differentiate products & add value for the end consumer Versaflex™ Thermoplastic Elastomer KEY REQUIREMENTS WHY AVIENT?
All Rights Reserved. https://www.avient.com/products/thermoplastic-elastomers/versaflex-thermoplastic-elastomers Homeware products manufacturer
https://www.avient.com/sites/default/files/2023-03/Versaflex - Pallet Non-slip Strips- Application Snapshot.pdf
PALLET MANUFACTURER N O N - S L I P S T R I P S • Improve top deck coefficient of friction • Chemically bond to HDPE and extrude at lower temperatures • Durability to withstand 7-10 year product lifespan • Provided onsite technical support to incorporate a secondary material in the existing manufacturing process • Shortened the product development life cycle by quickly providing a durable material within our existing product portfolio that improved grip • Ensured supply continuity to ease concerns • Trusted provider of sustainable rigid, elastomer, and color polymer solutions to enable product innovation Versaflex™ TPE Formulation KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2024-12/Oncolor Lux Colorants - PP Cap - case study snapshot.pdf
INHALER ROLL BRAND P P I N H A L E R R O L L C A P • Provide green glow-in-the-dark effect colorants • Offer good glowing performance but with a low dosage • Meet a short delivery lead-time and cost-effective solution • Met customer’s glowing effect requirement of more than 8 hours with a 2% dosage • Offered strong product innovation ability to support customer’s product differentiation with special effects • Provided a short lead time and cost- effectiveness with local production OnColor Lux Colorants KEY REQUIREMENTS WHY AVIENT?
All Rights Reserved. https://www.avient.com/products/polymer-additives/visual-enhancement-effects/oncolor-lux-colorants Slide 1: inhaler roll Brand
https://www.avient.com/sites/default/files/2020-08/tpes-for-automotive-industry-bulletin.pdf
Across HVAC, interior and external automotive applications, your products need to meet VIAQ regulations, appeal to consumers through look and feel, and enable long-lasting performance.
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https://www.avient.com/sites/default/files/2024-12/PKE grades for Powersports Application Bulletin.pdf
In addition, PK can improve the sustainability of a product through a lower carbon footprint because the production of the resin emits up to 61 percent less carbon dioxide (CO₂) than nylon.
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You have the responsibility to conduct full-scale end-product performance testing to determine suitability in your application, and you assume all risk and liability arising from your use of the information and/or use or handling of any product.
https://www.avient.com/sites/default/files/2025-08/Advanced Composites Automotive Overview.pdf
The material is recyclable and can be incorporated back into traditional thermoplastic products and processes.
Avient makes no warranties or guarantees respecting suitability of either Avient’s products or the information for your process or end-use application.
You have the responsibility to conduct full-scale end-product performance testing to determine suitability in your application, and you assume all risk and liability arising from your use of the information and/or use or handling of any product.