https://www.avient.com/resources/safety-data-sheets?page=256
LCS-26540 LQ DK BLUE 286C 2
https://www.avient.com/sites/default/files/2020-09/cai-overview-brochure.pdf
Liquid and Solid
COLORANTS
Performance and Processing
ADDITIVES
INNOVATIVE AND SUSTAINABLE SOLUTIONS FOR PLASTIC
At Avient, our mission is to help
you bring innovation to the look, feel
and performance of your products.
BRAND-DEFINING
COLORANTS.
SOLID COLOR MASTERBATCHES
• Customizable color solutions for a wide
range of industries and uses, including high
temperature applications
• Special effect colors and finishes, such as
metallic, pearlescent or granite
• Sustainable choices, such as bio-colorants
or super concentrates
LIQUID COLOR CONCENTRATES
• Rapid and sustainable color development
that adds value and versatility to the
production process
• Able to combine with a variety of performance
additives for multi-functional formulations
PERFORMANCE AND PROCESSING
ADDITIVES
• Performance enhancing additives for UV
protection, scratch resistance, anti-microbe
formation, flame retardance and much more
• Processing enhancement additives to
improve efficiencies in any type of
manufacturing process
COLOR AND ADDITIVE COMBINATION
MASTERBATCHES
• Color and additive combination masterbatches
that combine stock or custom colors with
functional performance in a single solution
• Special formulations are customized and
optimized for specific needs, from paint
replacement on metal to parts with the
appearance of fabric
Ready to learn more?
https://www.avient.com/sites/default/files/2025-03/ColorMatrix Optica PET Recycle Blue Toners Product Bulletin.pdf
PRODUCT BULLETIN
ColorMatrix™ Optica™
PET Blue Toners & Colors For Enhanced Recyclability
ColorMatrix™ Optica™ patented liquid blue toners
and colors are formulated for improved heat
stability and are designed for addition to PET
preforms or rPET to correct and reduce yellowing
that occurs during the recycling process.
This process can lead to a degradation of the PET
over time and a shift in color, often manifested
as increased color variability or yellowing, which
is undesirable in food and beverage packaging.
THE SOLUTION
When added to PET preforms or rPET, ColorMatrix
Optica blue toners and color formulations work to
correct any yellowing or color variation, resulting
in packaging that maintains a neutral or blue color
with improved quality and performance.
https://www.avient.com/idea-center/idea-center?all=true
More
Smart Colorants™
Learn how to use both solid and liquid colorants effectively.
More
Explore Color & Design
Learn how inspired color and design can engage the senses and emotions.
More
Meeting FDA Requirements with TPE
Innovative dosing adapter helps parents avoid dispensing too much liquid medication to their children, and achieves greater production efficiencies.
https://www.avient.com/sites/default/files/2020-09/cai-healthcare-application-bulletin.pdf
COLORANTS & ADDITIVES
FOR HEALTHCARE
Essential polymer solutions
for critical healthcare applications
WHEN MATERIAL EXPERTISE IS
CRITICAL
AESTHETIC APPEAL
Regulatory compliant and
approved masterbatch colors
use custom polymer colorants
to achieve any shade
SPECIAL EFFECTS
Enhance your brand and stand
apart with pearlescent, metallic,
iridescent, fluorescent or
thermo-chromatic effects
SOLID TO LIQUID
SOLUTIONS
Choose from a full range of
available color solutions,
from liquid color to solid
product forms
ANTIMICROBIALS
Efficacy performance and
regulatory requirements are
met in a wide range of resins
compatible with Withstand™
antimicrobial technology
SURFACE ENERGY
MODIFICATION
Additive technologies such as
low retention, hydrophobic,
lubricious, light diffusion, or
anti-stat provide desired surface
manipulation
Materials used for today’s medical devices, parts and pharmaceutical packaging contribute significantly to
performance and, in turn, to a patient’s health and well-being.
Select from an already
approved range of color concentrates, or let us develop custom
formulations based on your needs.
Combine your OnColor HC colorants and
OnCap HC additives into a single Smartbatch™ formulation.
https://www.avient.com/knowledge-base/case-study/enabling-recyclability-dairy-packaging
This kind of layered packaging is common in dairy products because it keeps the liquid inside while keeping bacteria outside.
This additive is particularly suitable in packaging for ultra-high temperature (UHT) liquid dairy products, as these types of products have a longer shelf life, making them more susceptible to light-induced oxidation due to ambient storage conditions.
https://www.avient.com/sites/default/files/2020-08/specialty-dispersions-overview.pdf
COLORANT
& ADDITIVE
PRODUCT CATALOG
DISCOVER THE
DISPERSIONS
ADVANTAGE
Pre-dispersed colorants and additives
that give you the consistency and quality
your products deserve.
OUR PORTFOLIO
Colorant Dispersions
• Rubber
• Urethane
• Epoxy
• Vinyl
• Silicone
• Water-Based
Additive Dispersions
• Aqueous
• Silicone
Specialty Products
• Dry Powder Colorants
• Wet or Dry Blend Colorants
• Self-Bonding Silicone
Our colorant and additive dispersions for
polymers help you enhance aesthetics or
improve processing efficiency across a
wide variety of markets and applications.
Count on Avient’s proven color expertise,
deep technical knowledge and full
regulatory support.
https://www.avient.com/sites/default/files/2025-03/ColorMatrix SmartHeat RHC Brochure.pdf
COLORMATRIX™
SMARTHEAT™ RHC
Process Aid for rPET and PET bottles
SmartHeat RHC
User
• Convertors
• rPET producers
Application • Colorless
Product Options
• Liquid dispersion
• Clear/Colorless
Recycling
• Recycle friendly
• APR accredited
• EPBP approved
PRODUCT RANGE
ColorMatrix™ SmartHeat™ RHC is an APR
accredited and EPBP approved, patent protected,
bottle blowing liquid dispersion process aid.
For applications requiring color or toning,
SmartHeat RHC is also available as ColorMatrix
Optica™ Toners & Colors for Enhanced Recyclability.
A typical remedy, adding toners and colorants, can have a detrimental effect on the brightness of the final
product.
https://www.avient.com/investor-center/news/polyone-announces-record-fourth-quarter-and-full-year-2015-results
of available liquidity."
Liquidity is calculated as follows:
Liquidity
https://www.avient.com/sites/default/files/resources/POL%2520Credit%2520Suisse%2520IR%2520Presentation%2520w%2520non-GAAP%25209%252017%25202013.pdf
EPS: $1.00
$0.54
$0.68
$0.30
$0.45
$0.60
$0.75
H1'12 H1'13
Adjusted EPS
$101.0
$132.6
$50.0
$100.0
$150.0
H1'12 H1'13
Adjusted Operating Income
(millions)
+31%
$68.6
$97.7
$50.0
$75.0
$100.0
H1'12 H1'13
Specialty Operating Income
(millions)
First Half 2013 Financial Highlights
• Adjusted EPS increased 26% over prior
year first half
• Operating Income expanded 31%
versus first half 2012
• Specialty operating income up 42%
• Revenue grew 22% versus 1H ‘12
• Portfolio transformation activities
Completed acquisition of Spartech
Divested non-core Resin business
+26%
+42%
Page 12
• Significant Debt Maturities $ 1,010
Other Debt 21
• Total Debt at 6/30/13
Less: Cash
Net Debt
• Available Liquidity
Cash
ABL Availability
Total Liquidity
• Net Debt / EBITDA = 1.9x
• Net Debt / EBITDA = 2.1x*(tax adjusted)
$392
310
$702
$1,031
392
$639
$50
$360
$600
$0
$100
$200
$300
$400
$500
$600
$700
$800
2015 2020 2023
Significant Debt Maturities
As of June 30, 2013
($ millions)
Page 13
Coupon Rates: 7.500% 7.375% 5.250%
*Pro Forma TTM for taxes on resin gain
Debt Maturities & Liquidity Summary – 6/30/13
Cash Balance = $392M
Net Debt / EBITDA* = 1.9x
• Repurchased
~3.0M shares
YTD in 2013
• 17 million shares
are available for
repurchase under
the current
authorization
Share
Repurchase
• Introduced a
quarterly dividend
in Q1 2011 and
increased in Q1
2012 (25%) and
Q1 2013 (20%)
• Objective of
maintaining and
growing
Dividends
• Expanding our
sales, marketing,
and technical
capabilities is top
priority
• Investing in
operational and
LSS initiatives
(including synergy
capture)
• CAPEX
Organic
Growth
• Targets that expand our:
• Specialty offering
• End market presence
• Geographic footprint
• Synergy opportunities
• Adjacent material solutions
• North American
manufacturing alignment
Acquisitions
*TTM 6/30/2013
Use of Cash
Page 14
Why Invest In PolyOne?
Platform sales and operating income (OI) 2006Y* 2008Y* 2010Y* 2012Y* 2012PF**
Global Specialty Engineered Materials Sales $ 345.3 $ 514.0 $ 517.4 $ 543.6 $ 773.0
Global Color, Additives and Inks Sales 531.8 554.3 527.4 703.5 828.5
Designed Structures and Solutions - - - - 850.6
Specialty Platform Sales $ 877.1 $ 1,068.3 $ 1,044.8 $ 1,247.1 $ 2,452.1
Performance Products and Solutions Sales 1,166.2 1,001.4 776.3 837.0 696.1
PolyOne Distribution Sales 732.8 796.7 911.9 1,030.3 1,030.3
Corporate and Eliminations (153.7) (127.7) (111.1) (121.8) (121.6)
Total Sales $ 2,622.4 $ 2,738.7 $ 2,621.9 $ 2,992.6 $ 4,056.9
Global Specialty Engineered Materials OI $ 3.9 $ 17.6 $ 49.7 $ 47.0 $ 47.7
Global Color, Additives and Inks OI 8.9 28.1 37.7 66.8 81.6
Designed Structures & Solutions OI - - - - 20.9
Specialty Platform OI $ 12.8 $ 45.7 $ 87.4 $ 113.8 $ 150.2
Performance Products and Solutions OI 64.2 31.3 54.0 74.9 37.4
PolyOne Distribution OI 19.2 28.1 42.0 66.0 66.0
Sunbelt Joint Venture OI 102.9 28.6 18.9 - -
Corporate and eliminations (4.6) (28.9) (32.5) (33.7) (40.0)
Special items in OI 39.1 (396.2) 4.8 (53.9) (53.9)
Operating income (loss) GAAP $ 233.6 $ (291.4) $ 174.6 $ 167.1 $ 159.7
Sunbelt equity income (107.0) (32.5) (23.1) - -
Special items in OI (39.1) 396.2 (4.8) 53.9 53.9
Operating income adjusted $ 87.5 $ 72.3 $ 146.7 $ 221.0 $ 213.6
Global Specialty Engineered Materials - OI % of sales
1.1%
3.4%
9.6% 8.6% 6.1%
Global Color, Additives and Inks - OI % of sales 1.7% 5.1% 7.1% 9.5% 9.8%
Designed Structures & Solutions – OI % of sales - - - - 2.5%
Specialty platform OI - % of sales 1.5% 4.3% 8.4% 9.1% 6.1%
PP&S operating OI - % of sales 5.5% 3.1% 7.0% 9.0% 5.4%
Distribution OI - % of sales 2.6% 3.5% 4.6% 6.4% 6.4%
PolyOne OI adjusted - % of sales 3.3% 2.6% 5.6% 7.4% 5.3%
* Historical results include the Resin and Specialty Coatings businesses within the Performance Products and Solutions segment.
** Pro Forma results include Spartech and Glasforms acquisitions, Specialty Coatings reclass and exclude the Resin business assets.
*** Restated results to exclude the Resin business and to remove Specialty Coatings from the Performance Products and Solutions segment into
Global Color, Additives and Inks segment.
Average Debt Q2 2012 Q3 2012 Q4 2012 Q1 2013 Q2 2013 Average
PolyOne Debt $ 705.8 $ 705.2 $ 706.9 $ 1,055.5 $ 1,031.2 $ 840.9
Average Equity Q2 2012 Q3 2012 Q4 2012 Q1 2013 Q2 2013 Average
PolyOne shareholders’ equity $ 604.3 $ 629.3 $ 629.1 $ 871.8 $ 993.9 $ 745.7
Platform sales and operating income (OI) H1 2012*** H1 2013*** H1 2013****
Global Specialty Engineered Materials Sales $ 280.9 $ 352.0 $ 285.1
Global Color, Additives and Inks Sales 413.9 434.7 409.2
Designed Structures & Solutions Sales - 240.4 -
Specialty Platform Sales $ 694.8 $ 1,027.1 $694.3
Performance Products and Solutions Sales 336.0 336.7 317.5
PolyOne Distribution Sales 533.6 543.1 543.1
Corporate and Eliminations (62.3) (68.2) (68.2)
Total Sales $ 1,502.1 $ 1,838.7 $ 1,486.7
Global Specialty Engineered Materials OI $ 24.6 $ 32.5 $ 31.2
Global Color, Additives and Inks OI 44.0 54.7 52.0
Designed Structures & Solutions OI - 10.5 -
Specialty Platform OI $ 68.6 $ 97.7 $ 83.2
Performance Products and Solutions OI 19.3 27.5 25.7
PolyOne Distribution OI 33.4 33.1 33.1
Corporate and eliminations (20.3) (25.7) (20.3)
Special items in OI (20.3) (11.4) (20.3)
Operating income - GAAP $ 80.7 $ 121.2 $ 101.4
Special items in OI 20.3 11.4 20.3
Operating income adjusted $ 101.0 $ 132.6 $ 121.7
Global Specialty Engineered Materials - OI % of sales
8.8% 9.2% 10.9%
Global Color, Additives and Inks - OI % of sales 10.6% 12.6% 12.7%
Designed Structures & Solutions - OI % of sales - 4.4% -
Specialty platform - OI % of sales 9.9% 9.5% 12.0%
PP&S operating - OI % of sales 5.7% 8.2% 8.1%
Distribution OI - % of sales 6.3% 6.1% 6.1%
PolyOne OI adjusted - % of sales 6.7% 7.2% 8.2%
Reconciliation to Condensed Consolidated Balance Sheets H1 2013
Short-term debt and current portion of long-term debt $ 8.7
Long-term debt 1,022.5
Less cash and cash equivalents (392.4)
Specialty Platform Gross Margin Percentage 2006Y* Q2 2013****
Global Specialty Engineered Materials Sales $ 345.3 $ 143.5
Global Color, Additives and Inks Sales 531.8 207.5
Specialty Platform Sales $ 877.1 $ 351.0
Global Specialty Engineered Materials Gross Margin $ 41.6 $ 37.3
Global Color, Additives and Inks Gross Margin 83.6 71.8
Specialty Platform Gross Margin $ 125.2 $ 109.1
Specialty Platform Gross Margin Percentage 14.3% 31.1%
* Historical results include the Resin and Specialty Coatings businesses within the Performance Products and Solutions segment.