https://www.avient.com/resource-center/knowledge-base/article/designing-sustainability?sust%5B0%5D=1133
Additionally, because recycled content is locally sourced, consider working with a global supplier who utilizes regional recycle streams to minimize potential sourcing risks.
From local support to responsible sourcing, your supply chain also has the potential to help you innovate and gain a competitive edge.Â
https://www.avient.com/sites/default/files/2023-01/AVNT Dec 2022 Earnings Presentation.pdf
Purchase price multiple rapidly declining on strength of business and synergy capture 12 $133 $201 2019PF 2022E 12 Clariant Color EBITDA Growth Purchase Price Multiple 10.8x 7.0x 6.4x 2019PF 2021 2022E w/ Full Synergies (1) (1) 11.9% 16.3% 2019PF 2022E EBITDA Margins (1) CLARIANT COLOR: TRANSFORMATIONAL ACQUISITION ($ in millions) (1) Financial information is pro forma to include a full year of Clariant Color business SUNBELT PVC Resins DSS 20 Acquisitions $4.8B Investment $2.7B of Annual Revenue 5 Divestments $2.3B Proceeds TPE PP&S HISTORIC SPECIALIZATION THROUGH M&A 13 Distribution DSM Protective Materials BOLT-ON ACQUISITION HISTORY 14 Commercial Resources Operating Income ($ in millions) Operating Margins 259 363 At Acquisition 2022E $40 $139 At Acquisition 2022E 9% 22% At Acquisition 2022E Established Acquisitions (> 7 years) + 40% + 248% + 1300 bps I N V E S T T O G R O W SPECIALTY TRANSFORMATION T O D A Y 7% 46% 67% 86% 100% 0% 20% 40% 60% 80% 100% 2005 2010 2019 2021 2022 PF % o f A d ju st ed E B IT D A ⢠Commodity JVs ⢠Distribution ⢠Performance Products & Solutions ⢠Specialty Businesses (1) Adjusted EBITDA is EBITDA excluding corporate costs and special items (2) Pro forma for the acquisition of DyneemaŽ and divestiture of Distribution (1 ) (2) 15 Healthcare 4% Packaging 8% Consumer 10% Building & Construction 43% Industrial 15% Transportation 14% Energy 4% Telecom. 2% 2006 2022 Pro Forma Healthcare 8% Packaging 23% Consumer 21% Building & Construction 10% Industrial 15% Transportation 9% Energy 4% Telecom. 4% Defense 6% END MARKET FOCUS ON LESS CYCLICAL INDUSTRIES 16 14.8% 17.6% 21.0% 2018 2020 2022 PF 1.8% 2006 15.3% 16.2% 17.0% 2018PF 2020PF 2022E CAI 2.7% 2006 SEM SPECIALTY EBITDA MARGIN EXPANSION 17 ⢠Portfolio transformation accelerates growth in less cyclical, higher margin end markets ⢠Investments in our composites platform continue to drive margin expansion (1) (1) (1) 2018 and 2020 financial information is pro forma to include a full year of Clariant Color acquisition PORTFOLIO EVOLUTION OVER THE YEARS 18 Adj.
OPS) 21 Sales Adjusted EBITDA $818 $823 2021 2022 + 1% Adjusted EPS + 8% - 3% (in millions) (in millions) (+ 9% excluding FX) (+ 18% excluding FX) (+ 5% excluding FX) Q3 EBITDA BRIDGE (PRO FORMA TOTAL COMPANY) 22 Price increases more than offset raw material and supply chain impacts $ millions CAI: Price / Mix 68 Inflation (44) SEM: Price / Mix 41 Inflation (26) Net Price Benefit 39 Wage and Energy Inflation (14) Clariant Color Integration Synergies 6 Incentives, Other Employee Costs 14 FX (11) Q3 2022 $137 ďź ďź Adjusted EBITDA Q3 2021 $ 142 Demand (39) Q3 2022 SEGMENT PERFORMANCE 23 CAI $587 $566 Sales ($ in millions) $93 $93 EBITDA SEM Pro Forma $326 $319 Sales $70 $62 EBITDA (+ 4% excluding FX) - 4% - 2% (+ 5% excluding FX) Flat (+ 7% excluding FX) - 11% (- 7% excluding FX) $500 $585 Cont.
Sales EBITDA Specialty Engineered Materials Color Additives and Inks $585M$3,635M (1) Transportation 9% Healthcare 8% 29 C O L O R , A D D I T I V E S & I N K S 2022 REVENUE | $2 .3 B ILL ION US & Canada 35% EMEA 40% Asia 20% Latin America 5% END MARKET REGION 30 Packaging 33% Consumer 22% Healthcare 9% Industrial 15% Transportation 8% Building & Construction 11% Telecommunications 1% Energy 1% Figures represent 2022 full year estimates S P E C I A LT Y E N G I N E E R E D M AT E R I A L S 2022 PRO FORMA REVENUE | $1 .3 B ILL ION END MARKET US & Canada 50% EMEA 35% Asia 15% REGION 31 Figures represent 2022 full year estimates Packaging 5% Consumer 19% Healthcare 8%Industrial 16% Transportation 10% Telecommunications 10% Energy 9% Defense 15% Building & Construction 8% Packaging 31% Consumer 28% Healthcare 8% Industrial 13% Building & Construction 5% Telecommunications 3% Energy 2% Defense 1% Asia (20% of sales) Transportation 9% 2022 PROFORMA AVIENT REGIONAL SALES BY END MARKET Packaging 29% Consumer 13% Healthcare 5% Industrial 17% Building & Construction 11% Energy 5% Defense 7% EMEA (35% of sales) Transportation 10% Packaging 14% Consumer 23% Healthcare 11% Industrial 15% Building & Construction 12% Energy 5% Defense 7% US & Canada (40% of sales) Transportation 7% Packaging 49% Consumer 22% Healthcare 8% Industrial 9% Building & Construction 6% Telecommunications 1% LATAM (5% of sales) Transportation 5% Telecommunications 3%Telecommunications 6% Figures represent 2022 full year estimates32
https://www.avient.com/sites/default/files/2025-01/AVNT Dec 2022 Earnings Presentation Updated.pdf
Purchase price multiple rapidly declining on strength of business and synergy capture 12 $133 $201 2019PF 2022E 12 Clariant Color EBITDA Growth Purchase Price Multiple 10.8x 7.0x 6.4x 2019PF 2021 2022E w/ Full Synergies (1) (1) 11.9% 16.3% 2019PF 2022E EBITDA Margins (1) CLARIANT COLOR: TRANSFORMATIONAL ACQUISITION ($ in millions) (1) Financial information is pro forma to include a full year of Clariant Color business SUNBELT PVC Resins DSS 20 Acquisitions $4.8B Investment $2.7B of Annual Revenue 5 Divestments $2.3B Proceeds TPE PP&S HISTORIC SPECIALIZATION THROUGH M&A 13 Distribution DSM Protective Materials BOLT-ON ACQUISITION HISTORY 14 Commercial Resources Operating Income ($ in millions) Operating Margins 259 363 At Acquisition 2022E $40 $139 At Acquisition 2022E 9% 22% At Acquisition 2022E Established Acquisitions (> 7 years) + 40% + 248% + 1300 bps I N V E S T T O G R O W SPECIALTY TRANSFORMATION T O D A Y 7% 46% 67% 86% 100% 0% 20% 40% 60% 80% 100% 2005 2010 2019 2021 2022 PF % o f A d ju st ed E B IT D A ⢠Commodity JVs ⢠Distribution ⢠Performance Products & Solutions ⢠Specialty Businesses (1) Adjusted EBITDA is EBITDA excluding corporate costs and special items (2) Pro forma for the acquisition of DyneemaŽ and divestiture of Distribution (1 ) (2) 15 Healthcare 4% Packaging 8% Consumer 10% Building & Construction 43% Industrial 15% Transportation 14% Energy 4% Telecom. 2% 2006 2022 Pro Forma Healthcare 8% Packaging 23% Consumer 21% Building & Construction 10% Industrial 15% Transportation 9% Energy 4% Telecom. 4% Defense 6% END MARKET FOCUS ON LESS CYCLICAL INDUSTRIES 16 14.8% 17.6% 21.0% 2018 2020 2022 PF 1.8% 2006 15.3% 16.2% 17.0% 2018PF 2020PF 2022E CAI 2.7% 2006 SEM SPECIALTY EBITDA MARGIN EXPANSION 17 ⢠Portfolio transformation accelerates growth in less cyclical, higher margin end markets ⢠Investments in our composites platform continue to drive margin expansion (1) (1) (1) 2018 and 2020 financial information is pro forma to include a full year of Clariant Color acquisition PORTFOLIO EVOLUTION OVER THE YEARS 18 Adj.
OPS) 21 Sales Adjusted EBITDA $818 $823 2021 2022 + 1% Adjusted EPS + 8% - 3% (in millions) (in millions) (+ 9% excluding FX) (+ 18% excluding FX) (+ 5% excluding FX) Q3 EBITDA BRIDGE (PRO FORMA TOTAL COMPANY) 22 Price increases more than offset raw material and supply chain impacts $ millions CAI: 68Price / Mix (44)Inflation SEM: 41Price / Mix (26)Inflation 39Net Price Benefit (14)Wage and Energy Inflation 6Clariant Color Integration Synergies 14Incentives, Other Employee Costs (11)FX $137 Q3 2022 ďź ďź Adjusted EBITDA $ 142Q3 2021 (39)Demand Q3 2022 SEGMENT PERFORMANCE 23 CAI $587 $566 Sales ($ in millions) $93 $93 EBITDA SEM Pro Forma $326 $319 Sales $70 $62 EBITDA (+ 4% excluding FX) - 4% - 2% (+ 5% excluding FX) Flat (+ 7% excluding FX) - 11% (- 7% excluding FX) $500 $585 Cont.
Sales EBITDA Specialty Engineered Materials Color Additives and Inks $585M$3,635M (1) Transportation 9% Healthcare 8% 29 C O L O R , A D D I T I V E S & I N K S 2022 REVENUE | $2 .3 B ILL ION US & Canada 35% EMEA 40% Asia 20% Latin America 5% END MARKET REGION 30 Packaging 33% Consumer 22% Healthcare 9% Industrial 15% Transportation 8% Building & Construction 11% Telecommunications 1% Energy 1% Figures represent 2022 full year estimates S P E C I A LT Y E N G I N E E R E D M AT E R I A L S 2022 PRO FORMA REVENUE | $1 .3 B ILL ION END MARKET US & Canada 50% EMEA 35% Asia 15% REGION 31 Figures represent 2022 full year estimates Packaging 5% Consumer 19% Healthcare 8%Industrial 16% Transportation 10% Telecommunications 10% Energy 9% Defense 15% Building & Construction 8% Packaging 31% Consumer 28% Healthcare 8% Industrial 13% Building & Construction 5% Telecommunications 3% Energy 2% Defense 1% Asia (20% of sales) Transportation 9% 2022 PROFORMA AVIENT REGIONAL SALES BY END MARKET Packaging 29% Consumer 13% Healthcare 5% Industrial 17% Building & Construction 11% Energy 5% Defense 7% EMEA (35% of sales) Transportation 10% Packaging 14% Consumer 23% Healthcare 11% Industrial 15% Building & Construction 12% Energy 5% Defense 7% US & Canada (40% of sales) Transportation 7% Packaging 49% Consumer 22% Healthcare 8% Industrial 9% Building & Construction 6% Telecommunications 1% LATAM (5% of sales) Transportation 5% Telecommunications 3%Telecommunications 6% Figures represent 2022 full year estimates32
https://www.avient.com/products/engineered-polymer-formulations/sustainable-formulations/gravi-tech-rec-recycled-formulations
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Gravi-Tech⢠REC recycled formulations are density modified engineered polymers based on recycled resin and/or filler from post-industrial recycled (PIR) and/or post-consumer recycled (PCR) sources, including ocean bound plastic waste.
Based on recycled resin and/or filler from post-industrial recycled (PIR) and/or post-consumer recycled (PCR) sources, including ocean bound plastic waste
https://www.avient.com/products/engineered-polymer-formulations/sustainable-formulations/gravi-tech-bio-bio-based-formulations
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+1-866-737-2066
Gravi-Tech⢠BIO bio-based formulations are density modified engineered polymers that contain partially bio-based resin from renewable plant sources.
Formulated with partially bio-based resin from renewable plant sources
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 ď§ In this presentation, statements that are not reported financial results or other historical information are âforward-looking statementsâ 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 âWhere we wereâ âWhere we areâ (Est. in 2012) 1) Operating Income % Specialty: Global Color, Additives & Inks 1.7% 14.7% 12 â 16% Global Specialty Engineered Materials 1.1% 12.1% 12 â 16% Designed Structures & Solutions 1.4% (2012) 7.3% 8 â 10% Performance Products & Solutions 5.5% 7.7% 9 â 12% Distribution 2.6% 6.1% 6 â 7.5% 2) Specialty Platform % of Operating Income 6.0% 65% 65 â 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 ⼠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 â 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 ď§ Expanding our sales, marketing, and technical capabilities ď§ Investing in operational and LSS initiatives (including synergy capture) ď§ ~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 ď§ Targets that expand our: ⢠Specialty offerings ⢠End market presence ⢠Geographic breadth ⢠Operating Margin ď§ Synergy opportunities ď§ Adjacent material solutions ď§ Repurchased 1.6 million shares in Q4 2014 ď§ Repurchased 11.3 million shares since early 2013 ď§ 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?
ď§ Strong performance demonstrates that our strategy and execution are working ď§ Megatrends and emerging opportunities align with our strengths ď§ Innovation and services provide differentiation, incremental pricing power, and competitive advantage ď§ Strong and proven management team driving growth and performance ď§ 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 ď§ All of our segments delivered both operating income and margin expansion during the year ď§ Our specialty businesses achieved record levels of profits and profitability this year ď§ 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: $1.1 Billion ROIC* Expanding Profits 6.1% Target http://www.polyone.com/Pages/VariationRoot.aspx PolyOne Corporation Page 24 2 lbs Plastic = 3 lbs aluminum or 8 lbs steel or 27 lbs glass 33% less material by weight than aluminum 75% less material by weight than steel 93% less material by weight than glass Requires 91% less energy to recycle a pound of plastic versus a pound of paper Source: SPI: Sustainability and the Plastics Industry Plastics: Key to Future Sustainable Development PolyOne Corporation Page 25 Commitment to Operational Excellence 81% 93% 2006 2014 16.2% 9.9% 2006 2014 On-Time Delivery Working Capital % of Sales 5% 43% 2006 2014 Percent of Associates Trained in LSS ď§ Four consecutive years â CFO Magazine Best Working Capital Management in the chemical industry Worldâs Best Business Process Excellence Program in 2012* ď§ 103 trained Black Belts ď§ 247 trained Green Belts ď§ 127 trained Kaizen Leaders Worldâs Best Start-up Program for Lean Six Sigma Deployment in 2009* *Both awards received from International Quality and Productivity Center PolyOne Corporation Page 26 Prototype Frame Opportunity Scale-up & Test Market Build Business Case Commercial Launch Phase 1 Phase 2 Phase 3 Phase 4 Phase 5 4 11 5 10 6 9 3 4 2 15 9 1 10 4 Breakthrough Platform Derivative A Rich Pipeline of Opportunity Number of Projects 25 14 19 17 18 93 Addressable Market ($ millions) TBD TBD $800 $450 $450 $1,700 PolyOne Corporation Page 27 Application Examples PolyOne Corporation Page 28 ďŹ $1.5 billion attractive, growing market ďŹ Additives improve performance and reduce cost through light-weighting, reduced waste, faster cycle times, and extended shelf life of finished product ďŹ Aligned with megatrend of protecting the environment: ďź 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 â 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 Roverâs 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 ďź Mil-spec aircraft windows, canopies, windscreens, instrument panels, wingtip lenses ďź Interior â gallery furnishings, tray tables, arm rests, trim strips, joint/edge coverings ⢠Benefits: ďź High impact strength ďź Resistant to UV rays ďź Flame and smoke compliance ďź Easy to clean with aggressive cleaners; anti-microbial grades available ďź 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/investor-center/news/polyone-present-longbows-10th-annual-basic-materials-conference
Tuesday, March 1, 2016
SOURCE
Rose, Vice President, Corporate Communications PolyOne Corporation, +1 440-930-3162, kyle.rose@avient.com
https://www.avient.com/sites/default/files/Avient Climate Change Scenario Analysis Summary 2022.pdf
CLIMATE-RELATED SCENARIOS ANALYZED Global operations through 2050 PARAMETERS & ASSUMPTIONS EXCEED 2.5°C EXCEED 2.0°C RETURN BELOW 1.5°C IMPACT DRIVER & TIME HORIZON NET ZERO FUTURE PLEDGING PROGRESS STEADFAST POLICY Policy & Legal Risk M L Carbon pricing exposure in USA, China, Germany and Spain Fines and/or compliance measures: ¡ Clean electrification of operations; ¡ Emissions intensive equipment phase-out; ¡ Circular economic and materials efficiency strategies; ¡ Net-zero carbon building standards; ¡ Mandatory energy management systems and audits Carbon pricing exposure in USA, China, Germany, Spain, and Saudi Arabia Increased fines and compliance measures related to: ¡ Phase-outs aligned with Nationaly Determined Contributions (NDC); ¡ Renewable energy sourcing; ¡ Material efficiency standards (minimum recycled content for packaging, and enhanced vechicle air quality) Some regional carbon pricing exposure in China, Germany and Spain Technology Risk S M Capital expenditures to subsitute emissions intensive technologies Declining price point competitiveness caused by decarbonization pass through costs R&D costs to transition to design and deploy lower-emissions technologies Slower substitution of materials with lower- emission options Market Risk S M Declining redundant supply and sourcing more sustainably causes raw material costs to rise Customers demand to lower their scope 3 emissions from purchased goods and services across all markets Increasing competition from existing and unforeseen polymer and non-polymer- based products that reduce further impact on climate Customer behaviors from advanced economies demand lower carbon products Rising degree of uncertainty in raw material prices Slow customer behavior changes in some advanced economies High degree of uncertainty in energy market signals Reputation Risk L Chemical sector or certain petrochemical materials (i.e., plastics) stigmatized Rising expectations for rapid innovation and displacement of older, heavily carbon- intensive designs and manufacturing processes NDC countries expected to innovate and seek rapid minimization of customers' scope 3 emissions Increased concern from stakeholders for not addressing climate change globally or for the chemicals sector Acute & Chronic Risk L Possible direct damage to fixed assets and logistics disruptions in both our value chain and operations More frequent and intense weather events and changing preciptation patterns are likely to damage manufaturing faciliites, disrupt logistics and sourcing activities, and negatively affect employee health and communities where we operate More frequent and intense weather events and changing preciptation patterns are likely to affect the performance of grids and thermal plants while pushing up demand for cooling, damage fixed assets, disrupt logistics and sourcing activities, and negatively affect employee health and communities where we operate IMPACT DRIVER & TIME HORIZON NET ZERO FUTURE PLEDGING PROGRESS STEADFAST POLICY Resource Efficiency Opportunity S M L More efficient production and distribution processes, reduced natural resource usage, continued use of recycling, and inclusion of recycled materials in our products such as reSoundTM R, ColorMatrix⢠Capture⢠Oxygen Scavenger, among others will contribute to increasing product revenues and reduced operating costs Resource efficiency efforts supported by capital allocation in NDC countries is more likely and may accelerate a path toward maximizing ROI and reducing operating costs Less regulatory and pressure to incentivize may cause gains from efforts to lag Energy Source Opportunity M L Use of greater external financing options, such as operating lease arrangements or energy performance shared savings contracts, to source lower emission-energy and new technologies, such as carbon capture, utilization & storage (CCUS), in our operations may reduce operating costs and maximize returns on investment Use of lower emission-sources of energy in operations will lower operating costs and contribute toward reductions of our scope 1 and 2 emissions and product carbon intensities Use of renewable energy, increased efficiency, and electrification initiatives will lower operating costs and contribute toward reductions of our scope 1 and 2 emissions and product carbon intensities.
Clean electrification of our operations and processes will represent some of our current scope 1 emissions reductions, though further evaluation is required. ¡ Avient became a member of the RE100 initiative in 2021, committing to achieving 60% renewable energy use by 2030.
To help reduce consumption from non-renewable energy sources and facilitate the expansion of renewable energy availability, Avient continues to leverage Virtual Power Purchase Agreements (VPPA).
https://www.avient.com/products/thermoplastic-elastomers/resound-rec-recycled-content-thermoplastic-elastomers
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+1-866-737-2066
PCR grades are made from recycled ocean plastics, various food packaging sources, or recycled PVB from windshields and laminated building glass.
They contain up to 60% recycled content from PCR sources or a combination of PCR and PIR sources.
https://www.avient.com/news/polyone-showcases-its-expertise-and-comprehensive-medical-polymers-and-colorants-portfolio-mdm-west-2018
â February 6, 2018 â At Medical Design and Manufacturing (MD&M) West this week, PolyOne is highlighting its extensive portfolio of polymers and colorants for the healthcare industry while also featuring the experts who stand behind the technology.
Michelle Maniscalco
Senior Manager, Marketing Communications
PolyOne Corporation
+1 440-930-1988
michelle.maniscalco@avient.com