https://www.avient.com/sites/default/files/2021-03/2020-climate-change-avient-score-card.pdf
https://6fefcbb86e61af1b2fc4-c70d8ead6ced550b4d987d7c03fcdd1d.ssl.cf3.rackcdn.com/cms/guidance_docs/pdfs/000/000/233/original/Scoring-Introduction.pdf?
https://6fefcbb86e61af1b2fc4-c70d8ead6ced550b4d987d7c03fcdd1d.ssl.cf3.rackcdn.com/cms/guidance_docs/pdfs/000/000/233/original/Scoring-Introduction.pdf?
https://6fefcbb86e61af1b2fc4-c70d8ead6ced550b4d987d7c03fcdd1d.ssl.cf3.rackcdn.com/cms/guidance_docs/pdfs/000/002/290/original/2020_CC_General_and_Sectors_weightings_V2_FINAL.pdf?
https://www.avient.com/sites/default/files/2022-06/2021_Climate Change Score Report_Avient.pdf
https://6fefcbb86e61af1b2fc4-c70d8ead6ced550b4d987d7c03fcdd1d.ssl.cf3.rackcdn.com/cms/guidance_docs/pdfs/000/000/233/original/Scoring-Introduction.pdf?
https://6fefcbb86e61af1b2fc4-c70d8ead6ced550b4d987d7c03fcdd1d.ssl.cf3.rackcdn.com/cms/guidance_docs/pdfs/000/000/233/original/Scoring-Introduction.pdf?
https://6fefcbb86e61af1b2fc4-c70d8ead6ced550b4d987d7c03fcdd1d.ssl.cf3.rackcdn.com/cms/guidance_docs/pdfs/000/002/503/original/CDP-Climate-Change-Categories-Weightings.pdf?
https://www.avient.com/sites/default/files/2021-12/2021-climate-change-score-report.pdf
https://6fefcbb86e61af1b2fc4-c70d8ead6ced550b4d987d7c03fcdd1d.ssl.cf3.rackcdn.com/cms/guidance_docs/pdfs/000/000/233/original/Scoring-Introduction.pdf?
https://6fefcbb86e61af1b2fc4-c70d8ead6ced550b4d987d7c03fcdd1d.ssl.cf3.rackcdn.com/cms/guidance_docs/pdfs/000/000/233/original/Scoring-Introduction.pdf?
https://6fefcbb86e61af1b2fc4-c70d8ead6ced550b4d987d7c03fcdd1d.ssl.cf3.rackcdn.com/cms/guidance_docs/pdfs/000/002/503/original/CDP-Climate-Change-Categories-Weightings.pdf?
https://www.avient.com/sites/default/files/resources/Gabelli%2520Conf%2520-%2520POL%2520IR%2520Presentation%2520wNon%2520GAAP%2520Reconciliation%252003%252026%252015.pdf
PolyOne Corporation Page 1
PolyOne Investor Presentation
Gabelli Specialty Chemicals Conference
March 2015
PolyOne Corporation Page 2
Forward-Looking Statements
In this presentation, statements that are not reported financial results or other historical information are “forward-looking statements” within the meaning of
the Private Securities Litigation Reform Act of 1995.
S&P 500
All time high of
$43.34
July 1st, 2014
PolyOne Corporation Page 9
2006 2014 2015 Target
“Where we were” “Where we are” (Est. in 2012)
1) Operating Income %
Specialty:
Global Color, Additives & Inks 1.7% 14.7% 12 – 16%
Global Specialty Engineered
Materials 1.1% 12.1% 12 – 16%
Designed Structures & Solutions 1.4% (2012) 7.3% 8 – 10%
Performance Products &
Solutions 5.5% 7.7% 9 – 12%
Distribution 2.6% 6.1% 6 – 7.5%
2) Specialty Platform % of
Operating Income 6.0% 65% 65 – 75%
3) ROIC* 5.0% 11.3% 15%
4) Adjusted EPS Growth N/A 37% Double Digit Expansion
*ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period
Proof of Performance & 2015 Goals
PolyOne Corporation Page 10
Continuing Earnings Growth
Double
Digit EPS
Expansion
Ongoing LSS
Programs
Incremental
Share
Buybacks
Mergers &
Acquisitions
Continued
Gross
Margin
Expansion
Mid Single
Digit
Revenue
Growth
Accelerated
Innovation &
Mix
Improvement
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
60%
94%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2008 2014
Pension Funding**
As of December 31, 2014
Debt Maturities & Pension Funding – 12/31/14
Net Debt / EBITDA* = 1.9x
$49
$317
$600
$0
$100
$200
$300
$400
$500
$600
$700
$800
2015 2020 2023
Debt Maturities
As of December 31, 2014
($ millions)
Coupon Rate: 7.500% 7.375% 5.250%
** includes US-qualified pension plans only *TTM 12/31/2014
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
(including synergy
capture)
~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
• Operating Margin
Synergy opportunities
Adjacent material
solutions
Repurchased 1.6
million shares in Q4
2014
Repurchased 11.3
million shares since
early 2013
8.7 million shares are
available for
repurchase under the
current authorization
PolyOne Corporation Page 15
PolyOne Core Values
Innovation
Collaboration
Excellence
PolyOne Corporation Page 16
The New PolyOne: A Specialty Growth Company
Why Invest In PolyOne?
Strong 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
PolyOne Corporation Page 17
Appendix
PolyOne Corporation Page 18
+25%
$262
$320
$200
$275
$350
2013 2014
Adjusted Operating Income
(in millions)
+22%
2014 Financial Highlights
All of our segments delivered both
operating income and margin
expansion during the year
Our specialty businesses
achieved record levels of profits
and profitability this year
Achieved 21st consecutive
quarter, or over five years, of
strong, double-digit adjusted EPS
growth
+37%
$1.31
$1.80
$1.00
$1.50
$2.00
2013 2014
Adjusted EPS
$195
$242
$150
$200
$250
2013 2014
Specialty Operating Income
(in millions)
PolyOne Corporation Page 19
Appliances
2%
Building &
Construction
12%
Consumer
7%
Electrical &
Electronics
1%
Healthcare
6%
Industrial
14%
Packaging
31% Textiles
7%
Transportation
8%
Wire & Cable
12%
1.7%
4.6% 5.1% 5.5%
7.2% 8.1%
9.7%
12.2% 12-16%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Operating Income % of Sales
At a Glance
Global Color, Additives and Inks
2014 Revenues: $0.9 Billion Solutions
Expanding Profits 2014 Revenue by Industry Segment
14.7%
Target
United States
44%
Europe
36%
Canada
2%
Asia
12%
Latin America
6%
PolyOne Corporation Page 20
Appliances
4% Building &
Construction
3%
Consumer
18%
Electrical &
Electronics
16%
Healthcare
12%
Industrial
8%
Packaging
5%
Transportation
20%
Wire & Cable
12%
At a Glance
Global Specialty Engineered Materials
2014 Revenues: $0.6 Billion Solutions
2014 Revenue by Industry Segment Expanding Profits
1.1% 1.3%
3.4%
5.1%
9.6%
8.0%
8.6%
9.3%
12-16%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Operating Income % of Sales
Target
12.1%
United States
44%
Europe
33%
Canada
2%
Asia
19%
Latin America
2%
PolyOne Corporation Page 21
Appliances
2% Building &
Construction
8%
Consumer
5%
Healthcare
6%
Industrial
23%
Packaging
27%
Transportation
30%
United States
96%
Canada
4%
At a Glance
Designed Structures and Solutions
Solutions 2014 Revenues: $0.6 Billion
Expanding Profits 2014 Revenue by Industry Segment
1.4%
5.6%
7.3%
8-10%
2012 2013 2014 2015
Operating Income % of Sales
Target
PolyOne Corporation Page 22
Appliances
8%
Building &
Construction
33%
Consumer
5% Electrical &
Electronics
3%
Healthcare
1%
Industrial
11%
Packaging
5%
Transportation
18%
Wire & Cable
16%
5.5%
6.9%
3.8% 3.6%
5.5%
4.3%
6.3%
7.2%
2006 2007 2008 2009 2010 2011 2012 2013 2014
Operating Income % of Sales
At a Glance
Performance Products and Solutions
Solutions
Expanding Profits
2014 Revenues: $0.8 Billion
9-12%
Target
2014 Revenue by Industry Segment
2015
7.7%
United States
80%
Canada
14%
Asia
2%
Latin America
4%
PolyOne Corporation Page 23
Appliances
6%
Building &
Construction
5%
Consumer
13%
Electrical &
Electronics
6%
Healthcare
23%
Industrial
15%
Packaging
4%
Transportation
25%
Wire & Cable
3%
2.6%
3.0%
3.5%
4.0%
4.6%
5.6%
6.4% 5.9%
6 - 7.5%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Operating Income % of Sales
15%
52%
2006 2014
At a Glance
Distribution
*ROIC is defined as TTM adjusted OI divided by the sum of average
debt and equity over a 5 quarter period
Key Suppliers 2014 Revenues: $1.1 Billion
ROIC* Expanding Profits
6.1%
Target
http://www.polyone.com/Pages/VariationRoot.aspx
PolyOne Corporation Page 24
2 lbs Plastic
=
3 lbs aluminum
or
8 lbs steel
or
27 lbs glass
33% less material by weight
than aluminum
75% less material by weight
than steel
93% less material by weight
than glass
Requires 91% less energy to
recycle a pound of plastic versus
a pound of paper
Source: SPI: Sustainability and the Plastics Industry
Plastics: Key to Future Sustainable Development
PolyOne Corporation Page 25
Commitment to Operational Excellence
81%
93%
2006 2014
16.2%
9.9%
2006 2014
On-Time Delivery
Working Capital % of Sales
5%
43%
2006 2014
Percent of Associates Trained in LSS
Four consecutive years – CFO Magazine
Best Working Capital Management in the
chemical industry
World’s Best Business
Process Excellence
Program in 2012*
103 trained Black Belts
247 trained Green Belts
127 trained Kaizen Leaders
World’s Best Start-up
Program for Lean Six Sigma
Deployment in 2009*
*Both awards received from International Quality and Productivity Center
PolyOne Corporation Page 26
Prototype Frame
Opportunity
Scale-up &
Test Market
Build
Business Case
Commercial
Launch
Phase
1
Phase
2
Phase
3
Phase
4
Phase
5
4
11
5
10
6
9
3 4 2
15
9
1
10
4
Breakthrough
Platform
Derivative
A Rich Pipeline of Opportunity
Number of Projects 25 14 19 17 18 93
Addressable Market
($ millions)
TBD TBD $800 $450 $450 $1,700
PolyOne Corporation Page 27
Application Examples
PolyOne Corporation Page 28
$1.5 billion attractive, growing market
Additives improve performance and reduce cost
through light-weighting, reduced waste, faster
cycle times, and extended shelf life of finished
product
Aligned with megatrend of protecting the
environment:
Sustainability benefits include lower
package weight and improved recyclability
of package at end of use
Market Opportunity
Leading Global Supplier of Additives In Fast Growing PET Market
Shelf-life extension
Greater product
consistency
Recyclability and
reduced carbon
footprint
Color and Special
Effects
Weight reduction
Enhanced product
aesthetics
High heat resistance
4% 4%
8%
9% 9%
10%
11%
14%
Western
Europe
North
America
South
America
MEA Easter
Europe
Asia
Pacific
China India
PET 2008-13P CAGR
PET Bottling Technology
PolyOne Corporation Page 29
• Includes formulation and
consultative services to assist
manufacturers and brand owners in
positively identifying their finished
goods
• Protects brand equity & consumer
welfare
• Reduces exposure to unwarranted
recall expenses
• Secures supply chain integrity –
support for safe expansion into new
geographies
Authentication Technology
PolyOne Corporation Page 30
• Color harmonization across
15 unique color-and-polymer
combinations
• Eliminated need for multiple pre-
colored materials
• Reduced Land Rover’s working
capital
Range Rover Evoque Interior
PolyOne Corporation Page 31
• Reduced health and
environmental impact
• System cost reduction
• Radiation-shielding
performance
• Parts consolidation
• Design freedom
CT Scanner
PolyOne Corporation Page 32
Metal Replacement Solutions
• Replaces metal in LED lighting
• Extends LED durability and life
span eliminating hot spots
• Greater design flexibility with
fewer parts
• Weight reduction
• Simplifies manufacturing and
lowers total production cost
PolyOne Corporation Page 33
Next Generation Solar Charger
• Ginkgo Solar Tree charger utilizing our
unique reSound™ material
• reSound™ is a durable material
consisting of 50% bio-derived plastic
and 50% traditional petroleum-based
plastic
• Use of reSound™ reduced the carbon
footprint for this product by 35%
• reSound™ Is classified as a PolyOne
Sustainable SolutionSM PolyOne Sustainable
SolutionSM
PolyOne Corporation Page 34
High-Barrier Packaging Containers
• Capability to extrude up to 13
layers
• Strong oxygen and moisture
vapor transmission protection
• Can be made symmetrical or
asymmetrical to meet
customized needs of broad
variety of applications
• Barrier protection and superior
organoleptic properties
PolyOne Corporation Page 35
Aerospace Applications
• Leading provider of specialty materials
for the aerospace industry
• Typical applications
Mil-spec aircraft windows, canopies,
windscreens, instrument panels,
wingtip lenses
Interior – gallery furnishings, tray
tables, arm rests, trim strips, joint/edge
coverings
• Benefits:
High impact strength
Resistant to UV rays
Flame and smoke compliance
Easy to clean with aggressive cleaners;
anti-microbial grades available
Range of sizes, thicknesses, colors, etc.
1
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/2023-07/Avient_CodeConduct_2023_Czech.pdf
Při služební cestě se očekává,
že splníte následující požadavky:
1.
Dodržujte tato
dvě jednoduchá pravidla:
1.
Horká linka pro etiku:
https://www.Avient.com/company/policies-and-governance/ethics-hotline
Telefonní číslo na horkou linku pro etiku:
1-877-228-5410
https://www.Avient.com/company/policies-and-governance/ethics-hotline
Severní Amerika
Globální centrála Avon Lake,
Spojené státy
33587 Walker Road Avon Lake,
OH, Spojené státy 44012
Bezplatná linka: +1-866-765-9663
Telefon: +1-440-930-1000
Fax: +440 930 3064
Asie a Tichomoří
Regionální centrála Šanghaj,
Čína
2F, Blok C 200 Jinsu Road
Pudong, 201206 Šanghaj, Čína
Telefonní číslo:
+86 (0) 21 6028 4888
Fax: +86 (0) 21 6028 4999
Jižní Amerika
Regionální centrála Sao Paulo,
Brazílie
Av.
https://www.avient.com/sites/default/files/2023-07/Avient_CodeConduct_2023_Germany.pdf
Befolgen Sie diese beiden
einfachen Regeln:
1.
http://Avient.com/sustainability
25
Inhaltsangabe
Fragen & Antworten
F: Mein Vorgesetzter bat mich, ein neues
Abfallentsorgungsverfahren zu befolgen, aber ich
bin nicht sicher, dass es sicher oder überhaupt
legal ist.
Ethik-Hotline:
https://www.Avient.com/company/policies-and-governance/ethics-hotline
Telefonnummer der Ethikhotline:
1-877-228-5410
https://www.Avient.com/company/policies-and-governance/ethics-hotline
Nordamerika
Globale Hauptverwaltung
Avon Lake, USA
33587 Walker Road Avon
Lake, OH, USA 44012
Gebührenfrei: 1-866-765-9663
Telefon: 1-440-930-1000
Fax: +440 930 3064
Asien-Pazifik
Regionale Hauptverwaltung
Shanghai, China
2F, Block C 200 Jinsu Road
Pudong, 201206 Shanghai,
China
Telefon: +86 (0) 21 6028 4888
Fax: +86 (0) 21 6028 4999
Südamerika
Regionale Hauptverwaltung
São Paulo, Brasilien
Av.
https://www.avient.com/sites/default/files/2023-07/Avient_CodeConduct_2023_Swedish.pdf
När du reser i bolagets tjänst förväntas du:
1.
Följ dessa två enkla regler:
1.
Etik-hotline:
https://www.Avient.com/company/policies-and-governance/ethics-hotline
Telefonnummer till etik-hotline:
1-877-228-5410
https://www.Avient.com/company/policies-and-governance/ethics-hotline
Nordamerika
Globalt huvudkontor Avon Lake,
USA
33587 Walker Road Avon Lake,
Ohio, USA 44012
Gratis inom USA: +1 866 765 9663
Telefonnummer: +1 440 930 1000
Fax: +440 930 3064
Asien och Stillahavsområdet
Regionalt huvudkontor
Shanghai, Kina
2F, Block C 200 Jush Road
Pudong, 201206 Shanghai, Kina
Telefon: +86 (0) 21 6028 4888
Fax: +86 (0) 21 6028 4999
Sydamerika
Regionalt huvudkontor Sao
Paulo, Brasilien
Av.
https://www.avient.com/sites/default/files/2023-05/SG Liner for Pipe Replacement - Case Study.pdf
SOURCE:
Repurposing gas infrastructure for hydrogen | 2020 Siemens
Energy Global (siemens-energy.com)
© 2023, All Rights Reserved
Avient Corporation, 33587 Walker Road, Avon Lake, Ohio USA 44012
https://www.fiber-line.com/en/
https://www.siemens-energy.com/global/en/news/magazine/2020/repurposing-natural-gas-infrastructure-for-hydrogen.html
https://www.siemens-energy.com/global/en/news/magazine/2020/repurposing-natural-gas-infrastructure-for-hydrogen.html
https://www.avient.com/sites/default/files/2024-09/Terms and Conditions of Sale for Denmark.pdf
These Terms and Conditions govern the sale of Products to another (“Buyer”) by Avient Cor-
poration and its affiliates (“Seller”).
1.
Suspension og ophør Suspension and Termination
Hvis (i) Køber misligholder sine forpligtelser over for
Sælger og undlader at stille tilstrækkelig sikkerhed for
Købers opfyldelse inden datoen for planlagt levering;
eller (ii) hvis Sælger har rimelig tvivl med hensyn til
Købers opfyldelse af sine forpligtelser, og Køber
undlader at give Sælger tilstrækkelig sikkerhed for
Købers opfyldelse inden datoen for planlagt levering og
under alle omstændigheder inden for tredive (30) dage
efter Sælgers krav om sådan sikkerhed; eller (iii) hvis
Køber bliver insolvent eller ude af stand til at betale sin
gæld, efterhånden som den forfalder, eller træder i
likvidation, eller hvis en konkursbehandling indledes af
eller mod Køber, eller hvis en kurator, rekonstruktør
eller administrator udpeges for alle eller en væsentlig
del af Købers aktiver, eller hvis Køber foretager en
overdragelse til fordel for sine kreditorer; eller (iv) i
tilfælde af Købers manglende overholdelse af enhver
lov, vedtægt, regulering, forskrift eller standard ("Love
og standarder"), så kan Sælger ved skriftlig meddelelse
til Køber, uden at det berører nogen af Sælgers andre
If (i) Buyer is in default of performance of its obli-
gations towards Seller and fails to provide adequate
assurance of Buyer’s performance before the date of
scheduled delivery; or (ii) if Seller has reasonable
doubts with respect to Buyer’s performance of its
obligations and Buyer fails to provide to Seller ade-
quate assurance of Buyer’s performance before the
date of scheduled delivery and in any case within
thirty (30) days of Seller’s demand for such assur-
ance; or (iii) if Buyer becomes insolvent or unable
to pay its debts as they mature, or goes into liquida-
tion or any bankruptcy proceeding shall be instituted
by or against Buyer or if a trustee or receiver or ad-
ministrator is appointed for all or a substantial part
of the assets of Buyer or if Buyer makes any assign-
ment for the benefit of its creditors; or (iv) in case of
non-compliance of Buyer with any law, statute ordi-
nance, regulation, code or standard (“Laws and
Standards”), then Seller may by notice in writing to
Buyer, without prejudice to any of its other rights:
rettigheder: (a) kræve tilbagelevering og overtage alle
leverede Produkter, der ikke er betalt for, og alle
omkostninger i forbindelse med tilbagetagelsen af
Produkterne skal være for Købers regning; og/eller (b)
suspendere sin ydelse eller ophæve sin ordrebekræftelse
for kommende levering af Produkter, medmindre Køber
foretager en sådan betaling for Produkterne på
forudbetalingsbasis eller stiller tilstrækkelig sikkerhed
for en sådan betaling for Produkterne til Sælger.
https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for Brazil %28English and Spanish Translation%29.pdf
Microsoft Word - Terms and Conditions - Brazil (Clean 12-17-24)
NAI-1524021340v5
TERMOS E CONDIÇÕES
ESTES TERMOS E CONDIÇÕES REGEM A VENDA DE
PRODUTOS A OUTRO ("COMPRADOR") PELA AVIENT
CORPORATION
E SUAS AFILIADAS (“VENDEDOR”).
1.
TERMS AND CONDITIONS
THESE TERMS AND CONDITIONS GOVERN THE SALE
OF PRODUCTS TO ANOTHER (“BUYER”) BY AVIENT
CORPORATION
AND ITS AFFILIATES (“SELLER”).
1.
If (i) Buyer is in default
of performance of its obligations towards Seller and
fails to provide adequate assurance of Buyer’s
performance before the date of scheduled delivery; or
(ii) if Seller has reasonable doubts with respect to
Buyer’s performance of its obligations and Buyer fails
to provide to Seller adequate assurance of Buyer’s
performance before the date of scheduled delivery and
in any case within thirty (30) days of Seller’s demand
for such assurance; or (iii) if Buyer becomes insolvent
or unable to pay its debts as they mature, or goes into
liquidation or any bankruptcy proceeding shall be
instituted by or against Buyer or if a trustee or receiver
or administrator is appointed for all or a substantial part
of the assets of Buyer or if Buyer makes any
assignment for the benefit of its creditors; or (iv) in
case of non-compliance of Buyer with any law, statute
ordinance, regulation, code or standard (“Laws and
Standards”), then Seller may by notice in writing to
Buyer, without prejudice to any of its other rights: (a)
demand return and take repossession of any delivered
Products which have not been paid for and all costs
relating to the recovery of the Products shall be for the
account of Buyer; and/or (b) suspend its performance
or terminate its order confirmation for pending delivery
of Products unless Buyer makes such payment for
Products on a cash in advance basis or provides
adequate assurance of such payment for Products to
Seller.