https://www.avient.com/sites/default/files/2020-12/firecon-cpe-a-processing-guide.pdf
EXTRUDER
Screw 1" to 6" deep flighted metering screw 3:1 compression ratio
Tooling
Tubing type – zero land (for smaller sizes)
Pressure type – for 1" size or larger
Die
Tubing type – low DDR
Pressure type – short land
L/D 24:1 or higher
Screen Pack 20/40/20 Mesh
Cooling Trough 120–150 °F (50–65 °C) recommended
Dryer Hot air or desiccant type, 4 hours at 175–185 °F
PROCESSING
Temperature
Wire Preheat None
Feed Zones 290–300 °F
Transition 320–340 °F
Metering 340–350 °F
Head/Die 350–365 °F
Target Melt 350–365 °F
Maximum Melt 390 °F
Purge Compound HDPE
www.avient.com
Copyright © 2020, Avient Corporation.
https://www.avient.com/sites/default/files/2020-09/versaflex-pf-final.pdf
VersaflexTM PF
Versaflex PF
VOC
Versaflex PF
VERSAFLEX PF
VOC
39 LDPE / 13 Versaflex PF
VERSAFLEX PF
39 LDPE / 13 Versaflex PF
N
/
2
5
m
m
N
/
2
5
m
m
F = 25 ° C 7 I = 25 ° C 20
MD6741 / MD6700
VERSAFLEX PF
TM
+86 021 60284888
www.avient.com
VERSAFLEX™ PF
1 CF6751 PP
2 2420K LDPE
Versaflex™ PF
MD6727
Versaflex™ PF
MD6741
Versaflex™ CF
6751
Versaflex™ PF
MD6649
Versaflex™ PF
9512
Versaflex™ CF
8888N-A
Versaflex™ PF
MD6666
Versaflex™ PF
MD6748
Versaflex™ PF
MD6700
Versaflex™ CF
9000
PP
PVC
Tg (°C) -26 -43 -30 -26 -5 1 -6 0 5 /
(Shore A) 50 49 35 37 38 35 37 31 30 19
MFI (190°C, 2.16kg)
(g/10min)
/ / / 15 5 15 20 3 5 27
MFI (230°C, 2.16kg) 8 20 8 / / / / / / /
1 LDPE 2420k2/LDPE 2420k/Versaflex™ =4.5/4.5/1 ; =50um
(N/25mm)
25°C 20 1.3 1.8 7.9 2.5 2.2 2.7 3.3 3.0 3.7 4.3
75°C 7 5.7 2.9 7.2 3.1 4.0 4.3 4.3 5.5 5.6 /
PMMA
(N/25mm)
25°C 20 1.8 2.0 7.2 2.6 2.8 3.0 3.6 3.3 3.9 4.9
75°C 7 5.5 4.7 7.1 3.5 / 4.7 6.5 5.8 6.9 /
https://www.avient.com/sites/default/files/2021-05/avient-responsible-care-ehs-s-policies-2021.pdf
Bob Patterson
Chairman, President, and CEO
August 1, 2020
SAFETY & HEALTH POLICY
Avient Corporation believes safety and health are the highest corporate
priority.
Bob Patterson
Chairman, President, and CEO
August 1, 2020
Product Stewardship Policy
Product Stewardship plays a significant role in Avient’s sustainable and
ethical business practices.
Bob Patterson
Chairman, President, and CEO
August 1, 2020
https://www.avient.com/sites/default/files/2020-08/2020-hammerhead-application-install-guide.pdf
MARINE PLYWOOD
Hammerhead™ panels are three times lighter than marine plywood
MOISTURE ABSORPTION % weight change due to water absorption for selected composites and marine plywood
10000
60000
110000
160000
210000
260000
310000
360000
0.5 0.75 1 1.25 1.5
F
le
x
u
ra
l
R
ig
id
it
y
-
lb
/
in
2
Panel Thickness - in
Hammerhead™ 5.3lb/in^3 Core Density Hammerhead™ 8.4lb/in^3 Core Density Plywood
— Hammerhead™ 5.3 lb/ft3 Core Density
— Hammerhead™ 8.4 lb/ft3 Core Density
— Marine Plywood
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
0 10 20 30 40 50 60 70 80 90 100
%
W
e
ig
h
t
C
h
a
n
g
e
Immersion Time - Days
.50" Hammerhead™ .75" Hammerhead™ 1" Hammerhead™ 1.50" Hammerhead™
.50" marine plywood .75" marine plywood 1" marine plywood
Fl
ex
ur
al
R
ig
id
it
y
- l
b-
in
2
INSTALLATION INSTRUCTIONS
CUTTING & DRILLING
Recommended blade: Industrial fine cut-off saw blade, 10" x 80 teeth 38° ATB grind with 5/8" bore,
PTFE coating
Recommended router bits: 3/8" diameter, 4 flute TiAlN (titanium aluminum nitride) coated carbide bit
FORMING
Apply localized 400˚F heat at a length proportional to the panel thickness (see equation below)
and bend to shape.
Heat Length =
π
2 * Thickness
Radius = S
B
S
T = 400°F
B S
G
LA
SS
/E
P
O
XY
T
AB
M
AT
ER
IA
L
TAB TESTING OF VARIOUS INSTALLATION METHODS
Hammerhead™
PETG Laminate
Hammerhead™
PETG Laminate
BOTTOM PANEL
LEG
LENGTH
BREAK
STRENGTH (LBS)
PETG Skins
with Plywood Core
1 in
1.5 in
2 in
2400
2820
2748
Hammerhead™
with 5.3 lb/ft3
Core Density
2 in 665
Hammerhead™
with 8.4 lb/ft3
Core Density
2 in 1084
Marine Plywood 2 in 770
Glass/Epoxy with
Plywood Core 2 in 1055
Glass/Polyester
with Balsa Core 2 in 919
L-Bracket Installation
Hammerhead™
PETG Laminate
Hammerhead™
PETG Laminate
BOTTOM PANEL
LEG
LENGTH
BREAK
STRENGTH (LBS)
PETG Skins
with Plywood Core 2 in 2375
Marine Plywood 2 in 770
Glass/Polyester
with Balsa Core 2 in 797
U-Channel Installation
N
O
T
AB
BOTTOM PANEL
LEG
LENGTH
BREAK STRENGTH
(LBS)
Hammerhead™
with 5.3 lb/ft3
Core Density
2 in 420
Hammerhead™
with 8.4 lb/ft3
Core Density
2 in 332
Marine Plywood 2 in 984
Glass/Polyester with
Balsa Core 2 in 1298
Hammerhead™
with 5.3 lb/ft3
Core Density -
ITW Plexus
MA420 Adhesive
NA 501
Hammerhead™
with 8.4 lb/ft3
Core Density -
ITW Plexus
MA420 Adhesive
NA 1156
Hammerhead™
with 8.4 lb/ft3
Core Density -
Crestomer
1152PA Adhesive
NA 1530
Hammerhead™
with 8.4 lb/in3
Core Density -
Crestomer
M1-30 Adhesive
NA 1471
Mixed Conditions
ITW Plexus MA420 adhesive was used in all tab
testing installations except where noted.
BOTTOM PANEL
LEG
LENGTH
BREAK STRENGTH
(LBS)
Hammerhead™
with 5.3 lb/ft3
Core Density
2 in 420
Hammerhead™
with 8.4 lb/ft3
Core Density
2 in 332
Marine Plywood 2 in 984
Glass/Polyester with
Balsa Core 2 in 1298
Hammerhead™
with 5.3 lb/ft3
Core Density -
ITW Plexus
MA420 Adhesive
NA 501
Hammerhead™
with 8.4 lb/ft3
Core Density -
ITW Plexus
MA420 Adhesive
NA 1156
Hammerhead™
with 8.4 lb/ft3
Core Density -
Crestomer
1152PA Adhesive
NA 1530
Hammerhead™
with 8.4 lb/in3
Core Density -
Crestomer
M1-30 Adhesive
NA 1471
ADHESIVE
DESCRIPTION
ADHESIVE
GRADE
MANUFACTURER
AVERAGE
BOND
STRENGTH
(PSI)
STANDARD
DEVIATION
FAILURE
MODE
BEST ADHESION
2k Urethane 75421 Lord 2281 184 SubstrateCohesive
2k Acrylic SA1-705 GRY1 AccraLock 2211 78 Substrate
2k Acrylic Plexus MA420 ITW 2171 262 Substrate
2k Acrylic SA10-05 Blk1 AccraLock 2102 138 Substrate
2k Urethane 75451 Lord 2047 68 Cohesive
2k Acrylic SA1-705 GRY 1:2 AccraLock 1966 68 Substrate
2k Acrylic Scotchweld 8010 3M 1907 61 Adhesive
Cyanoacrylate Gorilla Glue Gorilla Glue 1885 432 Cohesive
2k Acrylic Crestabond PP-04 Scott Bader 1873 281 Substrate
2k Acrylic SA10-05 Blk 10:2 AccraLock 1779 127 Cohesive
2k Urethane 75422 Lord 1716 190 CohesiveAdhesive
2k Urethane 75452 Lord 1535 98 Adhesive
2k Methacrylate Polyfuse Icon Containment 1610 98 Adhesive
INTERMEDIATE ADHESION
2k Acrylic FA10-05 Blk C010817 AccraLock 724 58 Cohesive
2k Acrylic FA10-05 Blk1 AccraLock 722 44 Cohesive
2k Epoxy Loctite Epoxy Instant Mix Loctite 508 81 Adhesive
2k Epoxy Gorilla Glue Epoxy Gorilla Glue 341 198 Adhesive
NOT RECOMMENDED
2k Epoxy Loctite Epoxy Marine Loctite 0 0 No bond
ADHESIVE SELECTION
Brands identified are owned by the manufacturers of the adhesive products.
1 surface sanded with 220 grit scuff prep 2 surface primed with 459T
FASTENER TYPE BENEFITS CONSIDERATIONS
Through-Bolting
Best mechanical
locking system
Need back side
access to panel
Screw-In Anchor
Highest pullout
strength
Requires pilot hole
Cup Washer
Spreads
compressive load
Requires relief hole;
For substructure and
hard point attachment
Wide Grip
(Bulb-Style)
Rivet
Ease of use—no
installation torque
limitations
For lower
load attachments
Sheet Metal or
Wood Screw
Readily available,
low cost
Penetrate both skins
for improved pullout
Shoulder Washer
Limits
compressive load
Requires relief hole;
For substructure and
hard point attachment
For more information on installation, adhesives, and fasteners
for specific applications, please contact Avient.
https://www.avient.com/sites/default/files/2023-02/turkisk-entity-legal-information-en-tu.pdf
İNTERNET SİTESİ İÇERİĞİ
POLYONE TEKNO POLİMER MÜHENDİSLİK PLASTİKLERİ SANAYİ VE TİCARET
ANONİM ŞİRKETİ
Şirket Bilgileri (Yönlendirilmiş Mesaj)
No İçerik Detay
1 Ticaret Unvanı Polyone Tekno Polimer
Mühendislik Plastikleri Sanayi
ve Ticaret Anonim Şirketi
2 MERSİS Numarası 0836003561100014
3 Merkezi Orhan Gazi Mah.1683 Sk.
No.150
Şişli/İstanbul
1
WEBSITE CONTENT
POLYONE TEKNO POLİMER MÜHENDİSLİK PLASTİKLERİ SANAYİ VE TİCARET
ANONİM ŞİRKETİ
Content to be published permanently
* Please note that in case of any changes to the following content, the update shall be
published on the websites on the date such changes occur.
No Content Detail
1 MERSIS number of the Company 0836003561100014
2 Title of the Company Polyone Tekno Polimer
Mühendislik Plastikleri Sanayi
ve Ticaret Anonim Şirketi
3 Registered office of the Company Orhan Gazi Mah.1683 Sk.
https://www.avient.com/sites/default/files/2024-02/US_OH_North Baltimore_ ISO_IEC 17025.pdf
No. 0562.01) Revised 05/31/2022 Page 1 of 1
SCOPE OF ACCREDITATION TO ISO/IEC 17025:2017
AVIENT CORPORATION
733 East Water Street
North Baltimore, OH 45872
Claire Holman Phone: (419) 257-1327
MECHANICAL
Valid To: October 31, 2023 Certificate Number: 0562.01
In recognition of the successful completion of the A2LA evaluation process, accreditation is granted to this
laboratory to perform the following automotive plastics tests:
Test Method: Test Name:
ASTM D412 Tensile
ASTM D523 Specular Gloss
ASTM D618 (A) Conditioning of Plastics
ASTM D624 (Die C) Tear Strength
ASTM D638 Tensile Properties
ASTM D792 (A) Density and Specific Gravity by Displacement
ASTM D1004 Initial Tear Resistance
ASTM D1203 (A) Volatile Loss
ASTM D1895 (A) Apparent Density, Bulk Factor, Pourability
ASTM D1921 Particle Size (Sieve Analysis)
ASTM D2240 Durometer Hardness (Shore A and D)
ASTM E1331 Color by Spectrophotometry Using Hemispherical Geometry
FMVSS 571.302 Flammability
FORD BN-102-01 (A) Low Temperature Flexibility
FORD BO-131-03 Interior Odor
ISO 3795 Determination of Burning Behavior of Interior Materials
SAE J323 (A) Cold Cracking (Mandrel Bend)
SAE J1351 Hot Odor for Insulation Materials
SAE J1545 Instrumental Color Difference Measurement
SAE J1756 Fogging Characteristics of Interior Automotive Materials (Photometric Only)
DOC-058151 Angle of Repose
1 Laboratory Developed Method
For the tests to which this accreditation applies, please refer to the laboratory’s Mechanical Scope of Accreditation.
https://www.avient.com/sites/default/files/2021-12/avient-sarl-czech-republic-branch-register-extract-dec-3-2021.pdf
Czech Republic Branch
Údaje platné ke dni: 3. prosince 2021 03:45 1/1
Výpis
z obchodního rejstříku, vedeného
Městským soudem v Praze
oddíl , vložka A 78870
Datum vzniku a zápisu: 30. srpna 2018
Spisová značka: A 78870 vedená u Městského soudu v Praze
Označení odštěpného
závodu:
Avient S.à r.l., Czech Republic Branch
Sídlo: Pobřežní 620/3, Karlín, 186 00 Praha 8
Identifikační číslo: 074 10 026
Právní forma: Odštěpný závod zahraniční právnické osoby
Předmět podnikání:
Výroba, obchod a služby neuvedené v přílohách 1 až 3 živnostenského zákona
Vedoucí odštěpného závodu:
LÁSZLÓ MEDNYÁNSZKY, dat. nar. 23. listopadu 1967
9400 Sopron, Ösvény 7, Maďarská republika
Zřizovatel - zahraniční osoba:
Avient S.à r.l.
9638 Pommerloch, Route de Bastogne 19, Lucemburské velkovévodství
Registrační číslo: B226205
Právní forma: společnost s ručením omezeným
Statutární orgán zřizovatele - zahraniční osoby:
Jednatel:
HOLGER HANS KRONIMUS, dat. nar. 26. ledna 1968
76571 Gaggenau, Adolf Dambach-Strasse 2, Spolková republika Německo
Den vzniku funkce: 4. července 2018
Den vzniku členství: 4. července 2018
Jednatel:
CHRISTOPH PALM, dat. nar. 16. května 1963
9638 Pommerloch, Route de Bastogne 19, Lucemburské velkovévodství
Den vzniku funkce: 4. července 2018
Den vzniku členství: 4. července 2018
Jednatel:
ZANETA GABRIELA POTOCZNY, dat. nar. 17. října 1974
9638 Pommerloch, route de Bastogne 19, Lucemburské velkovévodství
Den vzniku funkce: 27. února 2019
Den vzniku členství: 27. února 2019
Jednatel:
NORBERT MERKLEIN, dat. nar. 3. května 1964
4132 Muttenz, Rothausstrasse 61, Švýcarská konfederace
Den vzniku funkce: 18. ledna 2021
Den vzniku členství: 18. ledna 2021
Počet členů: 4
Společnost je platně vázána nebo zastupována vůči třetím osobám takto: má-li
Společnost více než jednoho jednatele, pak podpisem kteréhokoli jednatele.
https://www.avient.com/sites/default/files/2021-01/amendment-to-articles-commercial-registration-avient-corporation.pdf
The resolution was adopted pursuant to Ohio Revised Code section 1701.70(B)
(In this space insert the number 1 through 10 to provide basis for adoption.)
Upon review of the amendment document presented, my findings are as follows:
1.
The
fees are as follows:
Expedite 1 $100 2 Business Days
Expedite 2 $200 1 Business Day
Expedite 3 $300 4 Business Hours
2.
https://www.avient.com/sites/default/files/2024-09/Avient_RY 2023 CDP Verification Opinion Declaration.pdf
Boundaries of the reporting company GHG emissions covered by the verification:
• Operational Control
• Global
Exclusions:
• Fugitive refrigerants from units
Energy:
o Diesel Fuel Consumption: 2,868,323 kWh
o Natural Gas Fuel Consumption: 178,696,287 kWh
o Renewable Energy Consumed - Self Generated (solar): 681,059 kWh
o Renewable Energy Consumed - Self Generated (Wind): 2,385,048 kWh
o Grid Electricity Consumed: 409,650,679 kWh
o Renewable Energy Credits (REC) Purchased: 112,413,420 kWh
o Renewable Electricity Consumed – Offsite: 138,415,253 kWh
Page 2
Period covered by GHG emissions verification:
• January 1, 2023 to December 31, 2023
Global Warming Potential (GWP) and emission factor data sets:
• IPCC GWP: AR6
• USEPA Emission Factor Hub, released 2024
• USEPA eGRID, released 2024
• Final Rule (40 CFR 98) - Industrial Sector 2013
• DEFRA, released 2023
• IEA, released 2023
• European Residual Mix, released 2022 v2.0
GHG Reporting Protocols against which verification was conducted:
• World Resources Institute (WRI)/World Business Council for Sustainable Development (WBCSD)
Greenhouse Gas Protocol, Corporate Accounting and Reporting Standard, Revised Edition (Scope 1 and 2)
and the GHG Protocol Scope 2 Guidance, an amendment to the GHG Protocol Corporate Standard
• WRI/WBCSD Corporate Value Chain (Scope 3) Accounting and Reporting Standard
Verification Protocols used to conduct the verification:
• ISO 14064-3 Second Edition 2019-04: Greenhouse gases - Part 3: Specification with guidance for the
verification and validation of greenhouse gas statements
• Apex’s standard procedures and guidelines for external Assurance of Sustainability Reports and
International Standard on Assurance Engagements (ISAE) 3000 Revised, Assurance Engagements Other
than Audits or Reviews of Historical Financial Information (effective for assurance reports dated on or after
Dec. 15, 2015), issued by the International Auditing and Assurance Standards Board.
Page 3
Verification Opinion:
Based on the verification process and procedures conducted to a limited assurance level of the GHG emissions
statement shown above, Apex found no evidence that the GHG emissions statement:
• is not materially correct and is not a fair representation of the GHG emissions data and information; and
• has not been prepared in accordance with the WRI/WBCSD GHG Protocol Corporate Accounting and
Reporting Standard (Scope 1 and 2), and WRI/WBCSD Greenhouse Gas Protocol Corporate Value Chain
Accounting and Reporting Standard (Scope 3).
https://www.avient.com/sites/default/files/2020-03/Global_High_Yield_%26_Leverage_Conference %281%29.pdf
V I S I O N
PolyOne Corporation 4
To be the world’s
premier provider of
specialized polymer
materials, services and
solutions
C O R E
V A L U E S
P E R S O N A L
V A L U E S
Honesty IntegrityRespect
Operational
Excellence
Commercial
Excellence
Specialization
Globalization
Collaboration ExcellenceInnovation
To be the world’s
premier provider of
specialized polymer
materials, services
and solutions
S A F E T Y F I R S T
PolyOne Corporation 5
Injuries per 100 Workers
Spartech
Acquisition
1.3
1.1 1.1
0.85
0.65
0.57
0.54
0.97
0.84
0.74 0.74
0.69
0.51
0.56
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
C O M M O D I T Y T O S P E C I A L T Y T R A N S F O R M A T I O N
PolyOne Corporation 6
• Volume driven,
commodity
production
• Heavily tied to cyclical
end markets
• Performance largely
dependent on non-
controlling joint
ventures
• Shift to value-based
selling & an innovative
culture
• New leadership team
appointed
• Implementation of
four pillar strategy
• Investment in
commercial training
and innovation
• Faster growing, high
margin focus
• Accelerated growth
with world class
vitality index
• Significant
commercial resource
additions
• Expanded margins
with specialty focus
• Acquired strategic,
bolt-on companies to
expand technology
offerings and improve
geographic breadth
Volume Value Transformation The Future
2006 - 2013 2013 – 20192000-2005 2006 - 2013
• Landmark portfolio
transformation
creates specialty
growth company
• Sustainability / mega-
trends drive above
market growth
2020 and
Beyond
PolyOne Corporation 7
P O L Y O N E
2 0 1 9 R E V E N U E | $ 2 . 9 B I L L I O N
Segment End Market Geography
Transportation
15% Healthcare
15%
Industrial
14%
Packaging
13%
Consumer
12%
Wire & Cable
11%
Building &
Construction
6%
Electrical &
Electronics
6%
Textiles
5%
Appliance
3%
Color
Additives
& Inks
34%
Distribution
41%
Specialty
Engineered
Materials
25%
United States
54%
Europe
19%
Asia
11%
Latin
America
11%
Canada
5%
P R O O F O F P E R F O R M A N C E
C O N S E C U T I V E
Y E A R S
1 0
A D J U S T E D E P S E X P A N S I O N
PolyOne Corporation 8
$1.69
$1.51
S U S T A I N A B L E P A T H T O D O U B L E - D I G I T E P S G R O W T H
PolyOne Corporation 9
P E O P L E P R O D U C T S P L A N E T P E R F O R M A N C E
Double digit
annual EPS
growth
Expand specialty portfolio
with strategic acquisitions
Innovate and develop new
technologies and services
Repurchase 600K-1M
shares annually
Increase commercial
resources 5-7% annually
Double acquired
company margins
Enhance efficiencies
through Lean Six Sigma
and commercial excellence
531
710
1,042
130
164
208
504
663
880
2014 2018 2019E PF*
R&D / Technical Marketing Sales
PolyOne Corporation 10
+ 34%
+ 26%
+ 32%
E X P A N S I O N O F C O M M E R C I A L R E S O U R C E S D R I V I N G G R O W T H
$2.9 $2.9
$3.5
2015 2016 2017 2018 2019E
PF
Total
+ 9%
Organic
+ 5%
Revenue in Billions
Total
+ 10%
Organic
+ 7%+ 47%
+ 27%
+ 33%
$4.0
$3.2
2019E PF*
* 2019E Pro Forma for PP&S Divestiture and Clariant Masterbatch business
Lead
Specialists
T H E E V O L V I N G C U S T O M E R R E L A T I O N S H I P
PolyOne Corporation 11
Expanded Path
Traditional Path
Strategic Accounts/
Field Sales
Business
Development
Customer
Service
Web and Social
Media
Inside Sales
PolyOne Corporation 12
Investments in digital and dedicated inside sales to
improve customer experience
110% increase in leads (from 6,000 to 12,700) driven
by website, phone, and online chat
E X P A N D E D P A T H
A D D I N G C U S T O M E R T O U C H P O I N T S
4
33
2014 2019
Inside sellers
$11M
$87M
2014 2019
Inside sales/digital revenue
A L I G N I N G W I T H T R E N D S F O R G R O W T H
T R A N S P O R T A T I O N P A C K A G I N G H E A L T H C A R E C O N S U M E R
PolyOne Corporation 13
Facilitate
alternative
energy
solutions
Light-
weighting
Reduce
packaging
materials
Improve
recyclability
Reduce
spread of
infection
R E V E N U E F R O M S U S T A I N A B L E S O L U T I O N S
PolyOne Corporation 14
2016 2017 2018 2019
Lightweighting Reduced Material Requirements Improved Recyclability
Renewable Energy Applications Eco-conscious Bio-derived Content
Reduced Energy Use VOC Reduction
$275M
$325M
$355M
$410M 14% Total Annual Growth
9% Organic Annual Growth
I N N O V A T I O N
PolyOne Corporation 15
Customization
55%
M&A
30%
Innovation
Pipeline
15%
Innovation comes from Research & Development Spend
($ millions)
Vitality Index
% of sales from products launched last 5 years
12%
37%
2006 2019
$20
$51
2006 2019
Transformational
Opportunity for Growth
Through M&A
Adjacent
Opportunity for
Growth Through New
Product Pipeline
Core
Customization
3 H O R I Z O N S O F D E V E L O P M E N T
PolyOne Corporation 16
Incremental
development
from existing
base of
technology
New development
adjacent to current
technology
New technology
development
outside of and with
our current base
Service adjacent
markets and
customers
Create new
markets, target
new customer
needs
Service existing
markets and
customers
Market
Technical
I N N O V A T I O N
Non-Halogen Flame
Retardants
Barrier Technologies
Fiber Colorants
Advanced Composites
Thermoplastic Elastomers
Gordon Composites/
Polystrand – Composites
GLS – Thermoplastic Elastomers
ColorMatrix – Liquid Color & Additives
PlastiComp
Fiber-Line
I N N O V A T I O N S P O T L I G H T :
C O M P O S I T E S
PolyOne Corporation 17
C O M P O S I T E M A T E R I A L S
Glass
Carbon Aramid
Thermosets
Thermoplastics
PolymersFibers
PolyOne Corporation 18
Focused End Markets
• Wire & Cable / Electrical
• Consumer
• Transportation
• Industrial
C O M P O S I T E S P O R T F O L I O
D I V E R S E C A P A B I L I T I E S A N D S O L U T I O N S S E R V I N G
M A N U F A C T U R E R S A N D O E M S
PolyOne Corporation 19
LFT Tapes Laminates/Panels Shapes Pultrusion Engineered Fibers
P O L Y O N E A P P L I C A T I O N S I N F I B E R O P T I C C A B L E S
PolyOne Corporation 20
1.
Leverage
PolyOne’s
global reach
Phase 1
Phase 2
Phase 3
18-20%
operating
margins
Invest in
commercial
resources
I N V E S T - T O - G R O W P R O O F O F P E R F O R M A N C E
PolyOne Corporation 24
Commercial
Resources
Operating
Income
($ in millions)
Operating
Margins
256
309
At Acquisition Today
$36
$100
At Acquisition Today
9%
19%
At Acquisition Today
Established Acquisitions
(> 7 years)
+ 20% + 165% + 1000 bps
C L A R I A N T M A S T E R B A T C H A C Q U I S I T I O N D R I V E S
N E X T L E V E L S P E C I A L T Y T R A N S F O R M A T I O N
A C C E L E R A T I N G G R O W T H W I T H
S U S T A I N A B L E S O L U T I O N S
T R A N S F O R M A T I O N H E A D L I N E S
PolyOne Corporation 26
F I T W I T H F O U R P I L L A R S T R A T E G Y
PolyOne Corporation 27
Specialization
• Innovation-led organization with
heavy emphasis on R&D
• World-class expertise in color
formulation
• Strong presence in specialty end
markets including Consumer,
Packaging and Healthcare
Globalization
• Diverse geographic portfolio with
an established presence in every
major region
• Expands PolyOne’s ability to serve
customers in key growth areas
including India, China and
Southeast Asia
Operational
Excellence
• Extensive manufacturing footprint
with 46 facilities
• Organizational focus on optimizing
supply chain to better serve
customers
• Color design expertise
Commercial
Excellence
• Value-focused salesforce with vast
experience marketing and
commercializing specialty
technologies
• Diverse customer portfolio with
established OEM’s
People
Experienced and
talented
associates with a
winning mentality
E N D M A R K E T T R A N S F O R M A T I O N
PolyOne Corporation 28
Building & Construction
5%
2006 2019E PF*
4%
12%
10%
18%
8%
20%
2006 2019E PF*
Healthcare
Consumer
Packaging
50%
22%
High Growth End Markets
Percentage of Total Revenue
38%
* 2019E Pro Forma for PP&S Divestiture and Clariant Masterbatch business
E N D M A R K E T T R A N S F O R M A T I O N
PolyOne Corporation 29
Packaging
8%
Building & Construction
38%
Wire &
Cable
11%
Industrial
10%
Electrical &
Electronic
7%
2006 2019E PF*
Healthcare
4%
Transportation
12%
Consumer
18%
Building &
Construction
5%
Wire &
Cable
6%
Industrial
12%
Electrical &
Electronic
5%
Appliance
3%
Textiles
6%
Transportation
13%
Healthcare
12%
Packaging
20%
Consumer
10%
* 2019E Pro Forma for PP&S Divestiture and Clariant Masterbatch business
C O M P L E M E N T A R Y G E O G R A P H I C P R E S E N C E
PolyOne Corporation 30
United States
38% Europe
33%
Asia
19%
Canada
4%
Latin America
6%
United States
22%
Europe &
Middle East
48%
Asia
23%
Canada
1%
Latin America
6%
Color & Engineered
Materials
Clariant Masterbatch
Business
Net Sales by Geographic Region
United States
31%
Europe &
Middle East
39%
Asia
21%
Canada
3%
Latin America
6%
Pro Forma Color &
Engineered Materials
U N I F I E D F O C U S O N S U S T A I N A B I L I T Y
PolyOne Corporation 31
2006 - 2013
2013 – 2019
P E O P L E
P R O D U C T S P L A N E T
P E R F O R M A N C E
PolyOne
Clariant Masterbatch
Business
• Building mini-recycling plants to
facilitate customer projects on
design for recycling - CycleWorks
• Uses packaging additives &
colorants to improve recyclability
and enhance automated sorting
• Manufactures oxygen scavengers
to extend shelf-life of perishable
items and reduce material
requirements
• Combines UV-blocking additive
colorants & other barriers to
prevent spoilage and waste
• Offers spin-dyeing solutions that
use significantly less water than
traditional methods, allowing for
sustainable coloration of textiles
• Produces infrared absorbing
additives that reduce energy
requirements for bottle
manufacturing
($ in millions)
PolyOne
(Continuing
Operations)
Clariant Color &
Additive Masterbatch
Business
Synergies
New
PolyOne
2019 Total Sales $2,863 $1,150 $4,013
2019 Adjusted EBITDA $309 $130 $60 $499
% Margin 10.8% 11.3% 12.4%
2019 CapEx $68 $85
% Sales 2.4% 2.1%
2019 Free Cash Flow $161 $250
2019 Adjusted EPS $1.69 $2.22
2019 PF Adjusted EPS $1.69 $2.54
P O L Y O N E + C L A R I A N T M A S T E R B A T C H B U S I N E S S
PolyOne Corporation 32
(1) Excludes step-up of depreciation & amortization related to purchase accounting of transaction
(1)
$0.85/share
O V E R 8 5 % O F A D J U S T E D E B I T D A F R O M S P E C I A L T Y
PolyOne Corporation 33
46%
66%
0%
20%
40%
60%
80%
100%
2005 2010 2015 2019E PF
%
o
f
A
d
ju
s
te
d
E
B
IT
D
A
*
JV's Performance Products & Solutions Distribution Specialty
7%
87%
* Adjusted EBITDA is EBITDA excluding corporate costs and special items
** 2019E Pro Forma for PP&S Divestiture and Clariant Masterbatch business acquisition with synergies
Specialty EBITDA $14M $117M $273M $500M
**
T R A N S A C T I O N O V E R V I E W
• Expected mid-2020, subject to regulatory approvals and customary closing conditions
Closing
Conditions /
Timing
• Committed financing in place
• Permanent financing to be combination of available cash on-hand, new debt and equity component to limit leverage
• Equity issuance of $500MM
• Target net leverage below 3.5x, 3.1x synergized
PolyOne Corporation 36
• $1.45 B net purchase price
• Represents 11.1x adjusted EBITDA (excluding synergies), 7.6x adjusted EBITDA (including synergies)
• Pre-tax synergies of $60MM expected to be fully realized by the end of 2023
• Synergies realized from sourcing, operational, technology / commercial, and general administrative
Transaction
Value
Synergies
Financing
Estimated Synergy Breakdown
$60MM
• Expect EBITDA synergies of $60MM
– Proven integration expertise with a decade of acquisition experience
– Administrative synergies reflect reduction of duplicative internal and
third-party costs
• Run rate synergies of $20MM by the end of Year 1 with $60MM
achieved by the end of Year 3
• Significant additional opportunity for geographical expansion
– Clariant Masterbatch business has complementary regional presence
in key growth areas including India & Southeast Asia
• Opportunity to accelerate growth with a combined portfolio of
innovative solutions aligned with sustainability megatrends
Sourcing
40%
Operational
30%
Administrative
30%
PolyOne Corporation 37
S I G N I F I C A N T S Y N E R G Y O P P O R T U N I T I E S
$450
$600 $624
$743
2019 2020 2021 2022 2023 2024 2025 2026
A T T R A C T I V E F I N A N C I N G S T R U C T U R E
Attractive Debt
Maturity Profile
Existing Revolver Existing Senior Notes Existing Term Loan B
New Debt
Financing
Financing
Summary
Terms on
New Debt
• $465 million of cash from the balance sheet expected to fund a portion of the purchase price
• Bridge financing for remainder fully committed from Citi, Morgan Stanley and Wells Fargo
• Permanent financing expected to include a combination of long-term debt and new equity
• The timing of the permanent financing is subject to a number of factors, including, but not limited
to, market conditions
• PolyOne is committed to preserving a strong balance sheet
– Target net leverage at close below 3.5x, excluding synergies
• Pro forma capital structure positions PolyOne with flexibility to pursue continued growth strategy
• New financing expected to have same or better covenant package than existing capital structure
• Capital structure would be “covenant lite”
Capital
Policy
• Transaction in line with PolyOne’s disciplined capital allocation policy
• Existing PolyOne dividend policy to be maintained
• Focus on deleveraging in the near term
2028+
PolyOne Corporation 38
PolyOne Corporation 37
$0.16
$0.20
$0.24
$0.32
$0.40
$0.48
$0.54
$0.70
$0.78
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Cumulative Share Repurchases
(In millions)
$0
$150
$300
$450
$600
$750
$900
2011 2012 2013 2014 2015 2016 2017 2018 2019
$917M
R E T U R N I N G C A S H T O S H A R E H O L D E R S
O V E R $ 1 . 2 B I L L I O N S I N C E 2 0 1 1
PolyOne Corporation
Increasing Annual Dividend
38
$0.81
PolyOne Corporation 39
W H Y I N V E S T I N P O L Y O N E ?
T H E N E W P O L Y O N E : A S P E C I A L T Y G R O W T H C O M P A N Y
Transformational M&A with PP&S divestment and pending acquisition of
Clariant Masterbatch business
Growing leadership position in attractive markets
Innovation, technology and service are differentiators
Capital management is a strength: Record-setting cash generation to
continue for years
Proven acquisition strategy with robust pipeline
Commercial investments are fueling momentum and generating organic
growth
S E R V I C E :
T H E T I M E L E S S
D I F F E R E N T I A T O R
PolyOne Corporation 40
T A L E N T D E V E L O P M E N T
PolyOne Corporation 41
Leadership Program Participants
2012
2013
2014
2015
47
0
86
2016
2019
125
169
412
Campus Hires
2008
2011
2014
2017
0
25
90
47
PolyOne LSS Blackbelts
2008
2011
2014
2019
0
67
247
147
2019 134
A U N I Q U E C U S T O M E R E X P E R I E N C E
Industrial
Design
I Q D E S I G N
PolyOne Corporation 42
Computer
Aided
Engineering
Design
Strategy
3
15
2014 2019
Designers &
Engineers
$0
$15M
2014 2019
$4M
$87M
2014 2019
Opportunity funnel Total Revenue
L S S C U S T O M E R F I R S T
PolyOne Corporation 43
Customer Engagements
Enables sales growth by building more intimate
customer relationships, giving us insight to customers’
needs, with a service that is not easily replicated
2014 2019
2 210
I N N O V A T I N G W I T H P O L Y O N E
PolyOne Corporation 44
S E G M E N T H I G H L I G H T S
C O L O R , A D D I T I V E S & I N K S
E N D M A R K E T S & S O L U T I O N S
PolyOne Corporation 45
Solid
Colorants
Performance
Additives
Screen
Printing Inks
Liquid
Colorants
Packaging
31%
Industrial
14%
Textiles
13%
Wire &
Cable
10%
Building & Construction
9%
Consumer
8%
Transportation
7%
Healthcare
5%
Appliances
2%
Electrical & Electronics
1%
Operating Income & MarginRevenue by Region
C O L O R , A D D I T I V E S & I N K S
2 0 1 9 R E V E N U E | O V E R $ 1 B I L L I O N
PolyOne Corporation 46
Europe
34%
United
States
44%
Asia
15%
Canada
1%
Mexico
3%
South
America
3%
$4
$25
$104
$147
2005 2009 2013 2019
0.9%
5.5%
12.2%
14.7%
S P E C I A L T Y E N G I N E E R E D M A T E R I A L S
E N D M A R K E T S & S O L U T I O N S
PolyOne Corporation 47
Engineered
Formulations
Advanced
Composites
Thermoplastic
Elastomers
Wire & Cable
15%
Telecommunications
(FOC)
13%
Consumer
19%
Electrical & Electronics
12%
Healthcare
9%
Industrial
8%
Packaging
6%
Appliance
2%
Building &
Construction
2%
Transportation
14%
Note: (FOC) refers to Fiber Optic Cabling
S P E C I A L T Y E N G I N E E R E D M A T E R I A L S
Revenue by Region Operating Income & Margin
2 0 1 9 R E V E N U E | $ 7 5 0 M I L L I O N
PolyOne Corporation 48
Europe
27%
United
States
54%
Asia
17%
Canada
2%
$21
$57
$87
2005 2009 2013 2019
0.1%
5.1%
9.3%
11.6%
D I S T R I B U T I O N
E N D M A R K E T S & S U P P L I E R S
PolyOne Corporation 49
Healthcare
28%
Transportation
23%
Industrial
19%
Consumer
12%
Appliance
6%
Electrical &
Electronics
5%
Building &
Construction
4%
Packaging
2%
Wire & Cable
1%
Operating Income & Margin2019 Revenue | $1.2 Billion
$25
$63
$75
2005 2009 2013 2019
$20
2.9%
4.0%
5.9%
6.3%
http://www.polyone.com/Pages/VariationRoot.aspx
O V E R V I E W O F R A W M A T E R I A L P U R C H A S E S
PolyOne Corporation 50
Performance
Additives
15%
Polyethylene
13%
Pigments
9%
Styrenic Block
Copolymer 7%
Nylon
7%
TiO2
6%
Polypropylene
5%
Dyestuffs
4%
Plasticizers
3%
Other Raw
Materials
31%
$900 million of raw material purchases in 2019 excluding Distribution business
Note: All figures exclude divested PP&S business
T A R G E T E N D M A R K E T S &
A P P L I C A T I O N E X A M P L E S
PolyOne Corporation 51
Thermally Conductive
Technologies
Chemical Resistant
Technologies
Polymer Colorants
Elastomeric Grips and
Handles
Structural Composites
Antimicrobial Technologies
Anti-Counterfeiting
Technologies
Target End Markets… Healthcare
Catheter Technologies
Under-hood Components
Target End Markets… Automotive
Interior Structural
Components
Sound & Vibration
Management
Roof Systems
Air Management
Electronics and Cameras
Lighting
Exterior / Interior Trim
Braces & Brackets
Fasteners
Seals & Flaps
Target End Markets… Consumer
Thermally Conductive
Components
Polymer Colorants
Elastomeric Grips and
Handles
Structural Composite
Components
Oxygen Scavenger
Technologies
Laser Marking Additives
Antistatic Technologies
UV Light Barrier Technologies
Cap & Closure Colorants
Process Optimization
Technologies
Antioxidant Technologies
Density Modified
Technologies
Target End Markets… Packaging
Impart weight, sound and
metallic finish to caps and
closures for cosmetics and
spirits applications
Elevate quality and
prestige perceptions
among high-end
consumers
Eliminate time and cost
associated with secondary
operations and assembly
Luxury Packaging
GravitechTM Density Modified Polymers
Eliminate costs by
increasing pigment density
Enhance color
performance without
altering form and
formulation
Increase design
capabilities by reducing
weight and layer thickness
Optimize Color Usage
OnColorTM Super Concentrates
Inhibit microbial growth on
polymer surfaces
Enhance value or products
and devices
Highly versatile
concentrate with the
ability to be incorporated
into a wide variety of
products
Combat Bacteria Formation
WithStandTM Antimicrobial Technology
Durable, long-lasting products stand
up to the most aggressive
disinfectants
Minimize environmental stress
cracking and discoloration
One of the broadest medically
approved polymer and colorant
portfolios
Medical Device Housings
Chemically Resistant Engineered Polymers
Color & Design Services
Greater control of color
development and supply chain
Work across entire design
process from concept to
commercialization
Inspire creativity in the use of
polymer materials, colors, and
effects
Innovative brand differentiation
Faster development timelines
Outdoor Applications
Leading provider of high
performance specialty materials
for the recreational and sports &
leisure industry
Well positioned across all
segments to address market needs
Metal to Polymer Conversion
Lightweighting
Thermal Management
Impact Performance
ColorMatrix Fiber Colorant
Solutions
Proprietary advanced liquid color
formulations and equipment
enable greater efficiency and
productivity
Eliminates aqueous dyeing and its
associated wastewater treatment
Solid Color Concentrates
Extrusion-spun fibers colored via
solid masterbatch
Fiber Colorants
PolyOne Corporation 63
Global high yield & leveraged finance Conference
Forward Looking Statements
USE OF �NON-GAAP�MEASURES
Vision
Safety First
Commodity to Specialty Transformation
PolyOne�2019 Revenue | $2.9 billion
Slide Number 8
Sustainable Path to Double-Digit EPS Growth
Expansion of Commercial Resources driving growth
The Evolving Customer Relationship
Slide Number 12
Aligning with trends for Growth
Revenue from Sustainable Solutions
Innovation
3 Horizons of Development
Innovation Spotlight: Composites
COMPOSITE MATERIALS
COMPOSITEs Portfolio�Diverse Capabilities and Solutions Serving Manufacturers and OEMS
PolyOne applications in Fiber optic cables
Fiber optical growth drivers
Invest-to-Grow M&A Strategy
Invest-to-Grow M&A Playbook
Invest-to-Grow Proof of performance
Clariant Masterbatch Acquisition Drives�Next Level Specialty Transformation
Transformation Headlines
Fit with Four Pillar Strategy
End Market Transformation
End Market Transformation
Complementary Geographic Presence
Slide Number 31
PolyOne + Clariant Masterbatch Business
Over 85% of Adjusted EBITDA from Specialty
Transaction overview
Significant Synergy Opportunities
Attractive Financing Structure
Slide Number 37
Returning cash to shareholders�Over $1.2 Billion since 2011
Why Invest In PolyOne?