https://www.avient.com/sites/default/files/resources/POL%2520CFA%2520IR%2520Presentation%2520w%2520non%2520GAAP%252011%252019%25202013.pdf
PolyOne Corporation Investor Day 2012 CFA Society Cleveland Midwest Investment Conference 2013 PolyOne Investor Presentation November 19, 2013 • 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.
They use words such as “will,” “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe,” and other words and terms of similar meaning in connection with any discussion of future operating or financial performance and/or sales. • Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to: The final amount of charges resulting from the planned North American asset realignment and the Company’s ability to realize anticipated savings and operational benefits from the asset realignment; Our ability to achieve the strategic and other objectives relating to the acquisition of Spartech Corporation, including any expected synergies; Our ability to successfully integrate Spartech and achieve the expected results of the acquisition, including, without limitation, the acquisition being accretive; Disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future; The financial condition of our customers, including the ability of customers (especially those that may be highly leveraged and those with inadequate liquidity) to maintain their credit availability; The speed and extent of an economic recovery, including the recovery of the housing market; Our ability to achieve new business gains; The effect on foreign operations of currency fluctuations, tariffs, and other political, economic and regulatory risks; Changes in polymer consumption growth rates in the markets where we conduct business; Changes in global industry capacity or in the rate at which anticipated changes in industry capacity come online; Fluctuations in raw material prices, quality and supply and in energy prices and supply; Production outages or material costs associated with scheduled or unscheduled maintenance programs; Unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters; An inability to achieve or delays in achieving or achievement of less than the anticipated financial benefit from initiatives related to working capital reductions, cost reductions, employee productivity goals, and an inability to raise or sustain prices for products or services; An inability to raise or sustain prices for products or services; An inability to maintain appropriate relations with unions and employees; The inability to achieve expected results from our acquisition activities; Our ability to continue to pay cash dividends; The amount and timing of repurchases of our common shares, if any; and Other factors affecting our business beyond our control, including, without limitation, changes in the general economy, changes in interest rates and changes in the rate of inflation. • The above list of factors is not exhaustive. • We undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise.
EPS: $1.00 $0.28 $0.36 $0.20 $0.30 $0.40 Q3 '12 Q3 '13 Adjusted EPS $51.8 $72.4 $40.0 $60.0 $80.0 Q3 '12 Q3 '13 Adjusted Operating Income (millions) 40% $31.7 $55.3 $20.0 $40.0 $60.0 Q3 '12 Q3 '13 Specialty Operating Income (millions) Q3 2013 Financial Highlights • Adjusted EPS increased 29% over prior year • Adjusted Operating Income expanded 40% versus Q3 2012 • Specialty operating income up 74% • Revenue increases 43% versus Q3 2012 • Portfolio transformation activities Completed acquisition of Spartech Divested non-core Resin Business 29% 74% Page 11 Significant Debt Maturities Other Debt Total Debt at 9/30/13 Less: Cash Net Debt Available Liquidity Cash ABL Availability Total Liquidity Net Debt / EBITDA* = 1.9x $48 $317 $600 $0 $100 $200 $300 $400 $500 $600 $700 $800 2015 2020 2023 Significant Debt Maturities As of September 30, 2013 ($ millions) Page 12 Coupon Rates: 7.500% 7.375% 5.250% Debt Maturities & Liquidity Summary – 9/30/13 $ 965 22 $ 987 323 $ 664 $ 323 308 $631 *TTM 9/30/2013 Cash Balance = $323M Net Debt / EBITDA* = 1.9x • Repurchased 3.8M shares YTD in 2013 • 16.2 million shares are available for repurchase under the current authorization • Repurchased $45 million, par value, of higher coupon bonds YTD Share/Bond 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) • North American manufacturing alignment • CAPEX Organic Growth • Targets that expand our: • Specialty offering • End market presence • Geographic footprint • Synergy opportunities • Adjacent material solutions Acquisitions *TTM 9/30/2013 Use of Cash Page 13 Why Invest In PolyOne?
https://www.avient.com/sites/default/files/resources/dB%2520June%2520Presentation%2520June%252012%25202013%2520%25282%2529.pdf
PolyOne Corporation Investor Day 2012 PolyOne Investor Presentation Deutsche Bank 2013 Global Industrials and Basic Materials Conference June 12, 2013 • 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.
They use words such as “will,” “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe,” and other words and terms of similar meaning in connection with any discussion of future operating or financial performance and/or sales. • Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to: The time required to consummate the divestiture of our resin assets and the satisfaction or waiver of conditions in the sale agreement; Any material adverse changes in the business supporting the resin assets being sold; The ability to obtain required regulatory or other third-party approvals and consents and otherwise consummate the proposed divestiture Our ability to achieve the strategic and other objectives relating to the acquisition of Spartech Corporation, including any expected synergies; our ability to successfully integrate Spartech and achieve the expected results of the acquisition, including, without limitation, the acquisition being accretive; Disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future; The financial condition of our customers, including the ability of customers (especially those that may be highly leveraged and those with inadequate liquidity) to maintain their credit availability; The speed and extent of an economic recovery, including the recovery of the housing market; Our ability to achieve new business gains; The amount and timing of repurchases, if any, of PolyOne common shares and our ability to pay regular quarterly cash dividends and the amounts and timing of any future dividends; The effect on foreign operations of currency fluctuations, tariffs, and other political, economic and regulatory risks; Changes in polymer consumption growth rates in the markets where we conduct business; Changes in global industry capacity or in the rate at which anticipated changes in industry capacity come online; Fluctuations in raw material prices, quality and supply and in energy prices and supply; Production outages or material costs associated with scheduled or unscheduled maintenance programs; Unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters; An inability to achieve or delays in achieving or achievement of less than the anticipated financial benefit from initiatives related to working capital reductions, cost reductions, employee productivity goals, and an inability to raise or sustain prices for products or services; An inability to maintain appropriate relations with unions and employees; and Other factors affecting our business beyond our control, including, without limitation, changes in the general economy, changes in interest rates and changes in the rate of inflation. • The above list of factors is not exhaustive. • We undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise.
https://www.avient.com/sites/default/files/resources/PolyOne%2520Investor%2520Presentation%2520Jefferies%25202013%2520Global%2520Industrial%2520Conference_Posting.pdf
PolyOne Investor Presentation Jefferies 2013 Global Industrial Conference_Posting.pdf PolyOne Investor Presentation Jefferies 2013 Global Industrials Conference August 13, 2013 • 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.
They use words such as “will,” “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe,” and other words and terms of similar meaning in connection with any discussion of future operating or financial performance and/or sales. • Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to: The final amount of charges resulting from the planned North American asset realignment and the Company’s ability to realize anticipated savings and operational benefits from the asset realignment; Our ability to achieve the strategic and other objectives relating to the acquisition of Spartech Corporation, including any expected synergies; Our ability to successfully integrate Spartech and achieve the expected results of the acquisition, including, without limitation, the acquisition being accretive; Disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future; The financial condition of our customers, including the ability of customers (especially those that may be highly leveraged and those with inadequate liquidity) to maintain their credit availability; The speed and extent of an economic recovery, including the recovery of the housing market; Our ability to achieve new business gains; The effect on foreign operations of currency fluctuations, tariffs, and other political, economic and regulatory risks; Changes in polymer consumption growth rates in the markets where we conduct business; Changes in global industry capacity or in the rate at which anticipated changes in industry capacity come online; Fluctuations in raw material prices, quality and supply and in energy prices and supply; Production outages or material costs associated with scheduled or unscheduled maintenance programs; Unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters; An inability to achieve or delays in achieving or achievement of less than the anticipated financial benefit from initiatives related to working capital reductions, cost reductions, employee productivity goals, and an inability to raise or sustain prices for products or services; An inability to raise or sustain prices for products or services; An inability to maintain appropriate relations with unions and employees; The inability to achieve expected results from our acquisition activities; Our ability to continue to pay cash dividends; The amount and timing of repurchases of our common shares, if any; and Other factors affecting our business beyond our control, including, without limitation, changes in the general economy, changes in interest rates and changes in the rate of inflation. • The above list of factors is not exhaustive. • We undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise.
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% $68.8 $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 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?
https://www.avient.com/sites/default/files/2024-09/Colorant Chromatics Brochure_2024.pdf
LASER MARKING Driven by security and product traceability needs, laser marking of high-temperature polymers is becoming more common as processors strive to overcome the limitations of ink printing, hot stamping or other labeling processes.
Applied in fluoropolymer films, SiteCool additive solutions help reduce the amount of energy required to cool stadiums, shopping malls, and other large indoor facilities.
APPLICATIONS • PTFE wires & cables • PTFE tubes • PTFE tapes • PTFE yarns • PTFE dental floss thread PRINTING & STRIPING INKS Colorant Chromatics inks are used for striping and offset printing of fluoropolymer and other high- temperature resin insulation.
https://www.avient.com/sites/default/files/2020-08/gravi-tech-closures-case-study.pdf
Before a drink is ever served, its package is already shaping your perception of what you’re selecting and how others will view it.
Avient offers Gravi-Tech™ high-density formulations that are suitable for alcoholic and non-alcoholic beverages, as well as other premium applications such as beauty and cosmetic products.
https://www.avient.com/sites/default/files/2022-08/Humotech Robotic Prosthetic Case Study.pdf
Enter Humotech, a company focused on accelerating the discovery of innovative real-world solutions to enhance and augment human mobility through research and development of prostheses, exoskeletons, and other wearable machines.
Humotech is currently working with the US Department of Defense, US Department of Veterans Affairs, and others to develop, evaluate, and validate this emulator-based test-drive strategy.
https://www.avient.com/sites/default/files/2024-10/Edwards Ballistic Panel Case Study.pdf
Combat outposts require barriers and other structures that must be constructed quickly and efficiently in the field.
However, concrete walls, sandbags, and other traditional ballistic structures are heavy, hard to move, and time-consuming to construct.
https://www.avient.com/sites/default/files/2022-03/Fiber-Line Coating Selection Guide.pdf
FIBER-LINE™ PERFORMANCE ENHANCING COATINGS PRODUCT SELECTION GUIDE FIBER-LINE™ COATING SELECTION GUIDE COATING Bondcoat™ Adhesion Enhancing Colorcoat™ Fiber Color Packcoat™ Performance Enhancing Protexcoat™ UV Resistant Swellcoat™ Blocker Water Blocking Swellcoat™ Water Absorbing Wearcoat™ High Abrasion Blockcoat™ Anti-Wicking Repelcoat™ Water Repellant Flamecoat™ Flame Resistant FEATURES • Created for applications where an untreated fiber does not have the ability to provide the appropriate amount of bonding characteristics to another material • Provides adhesion to another fiber or substrate without impacting other performance properties • Improves adhesion of the fiber to the resin matrix it is introduced into • Enables industry standard “burst” tests or stringent delamination analysis • Designed to achieve vibrant colors for safety, identification, and aesthetics • Specialized formulas and binders adhere the pigment to the exterior of the individual filaments, while impregnating deep into the fiber bundle • Available by Pantone or RAL number • Compatible with a variety of composite resins including epoxy, polyurethane, and polyethylene • Stronger than solution-dyed fibers • Designed to add lubricity and temperature resistance at the filament level for braided compression packing • Coating at the fiber level versus the finished braid achieves higher % level coating • Fiber level coating extends the life of the braid and reduces required maintenance • Various formulations available • PTFE, silicone, graphite, and mineral oil • Created for high performance fibers that lack inherent ultraviolet (UV) resistance • Coating impregnates the individual fibers with a specialized resin for improved UV protection • Coating enhancements include UV inhibitors, absorbers and stabilizers • Improves the processing of the product via reduced filament snagging and friction • Low level water- blocking finish for any technical fiber or textile substrate • Provides water- blocked strength reinforcements for dry cable designs • Can absorb 5x to 15x its weight in water • Dust-free coating imparts a very soft fiber hand, advantageous to cable, rope, and other textile processes • Patented technology incorporates super absorbent polymer (SAP) suspended in a proprietary resin matrix • Used in the production of ‘dry-dry’ telecommunications, electromechanical, seismic, umbilical and power cables • Can absorb up to 100x its weight in water • Creates a stable gel when exposed to water • Functionally replaces flooding compounds, filling gels, spun SAF yarns, and water blocking tapes • Enables faster, more economical and robust cable manufacturing • Increases durability and abrasion resistance by encapsulating filaments in the fiber bundle • Extends the life of the product by reducing the effects of friction and yarn on yarn abrasion • Protects the fiber from degradation and filamentation • Ideal for high abrasion and high friction applications in a range of fiber constructions and environments • Wicking refers to the tendency of a yarn or other fiber to draw moisture into filaments via capillary action • Coatings designed to prevent moisture from wicking within and between fibers and strands • Protects Wire or Optical Fiber from damaging effects of moisture, which can cause a drop in signal and attenuation • Hydrophobic additives used to promote and enhance water repellancy in industrial applications • Creates a waterproof barrier that prevents moisture from further migration • Applied at various % levels to optimize for water-proof ratings • Designed to inhibit or slow the spread of fire/flame • Coupled to fibers with inherent flame and thermal resistance to boost performance • Added to fibers with weak flame resistance to improve burn rating SUITABLE FIBERS • Kevlar® Para-Aramid • Nomex® Meta-Aramid • Vectran® LCP • Zylon® PBO • Technora® Fiber • Carbon Fiber • Kevlar® Para-Aramid • Nomex® Meta-Aramid • Vectran® LCP • PET Polyester • Fiberglass • UHMWPE • Kevlar® Para-Aramid • Nomex® Meta-Aramid • Carbon Fiber • Graphite Fiber • Fiberglass • PTFE Fiber • Kevlar® Para-Aramid • Vectran® LCP • Zylon® PBO • Technora® Fiber • Kevlar® Para-Aramid • Vectran® LCP • Zylon® PBO • PET Polyester (All shrinks) • UHMWPE • Kevlar® Para-Aramid • Vectran® LCP • Zylon® PBO • Technora® Fiber • Fiberglass • PET Polyester (All shrinks) • Kevlar® Para-Aramid • Vectran® LCP • Zylon® PBO • Carbon Fiber • PET Polyester (All shrinks) • UHMWPE • Kevlar® Para-Aramid • Vectran® LCP • Zylon® PBO • Carbon Fiber • PET Polyester (All shrinks) • Fiberglass • Kevlar® Para-Aramid • Vectran® LCP • Zylon® PBO • Carbon Fiber • PET Polyester (All shrinks) • Fiberglass • Kevlar® Para-Aramid • Vectran® LCP • Zylon® PBO • PET Polyester (All shrinks) PRODUCTS • Belt & Hose Reinforcement Yarn • Strength Members • Industrial Fabric Yarn • Wire Harness Yarn • Ripcords • Strength Members • Wire Harness Yarn • Industrial Fabric Yarn • Braided compression rings and seals • Valve stem packing • Pump packing • Strength Members • Industrial Fabric Yarn • Wire Harness Yarn • Strength Members • Ripcords • Binder Yarn • Filler Yarn • Synthetic Wire Rope • Buffer Thread • Binder Yarn • Filler Yarn • Strength Members • Ripcords • FRP Rod • Ripcords • Strength Members • Synthetic Wire Rope • Industrial Fabric Yarns • Wire Harness Yarns • Ripcords • Strength Members • Binder Yarn • Industrial Fabric Yarns • Wire Harness Yarns • Ripcords • Strength Members • Binder Yarn • Industrial Fabric Yarns • Wire Harness Yarns • Industrial Fabric Yarns • Wire Harness Yarns • Strength Members Kevlar® and Nomex® are trademarks of DUPONT SAFETY & CONSTRUCTION, INC.
https://www.avient.com/sites/default/files/2021-06/fl.datasheet-extrusion.pdf
No freedom from any patents or other industrial or intellectual property rights is granted or to be inferred.
They also add important characteristics, such as SWELLCOAT® water-blocking, water repellence, adhe- sion, color, and wear and UV-resistance to these and many other applications.
We believe that our ongoing commitment to protect the environment, to remain at the forefront of fiber and coating technology, and to ‘treat others as we want to be treated’ will continue to drive the success of our customers, shareholders, and employees.
https://www.avient.com/sites/default/files/2021-04/b-c-industry-bulletin.pdf
DESIGN & PROCESSING Material flexibility and customization, extrusion and molding optimization techniques SOLUTION: Advanced polymer science, application development, technical service VISUAL AESTHETICS Custom colors, deep shades, special effects SOLUTION: Metallic colorants, granite & woodgrain effects DURABILITY Wind & impact resistance, chemical resistance, weatherability SOLUTION: Scratch & mar resistant or IR/UV resistant additives, dimensional stabilizers TECHNOLOGY DESCRIPTION TYPICAL APPLICATIONS Antimicrobial Additives Antimicrobial technology to limit microbe growth— reduces bacterial, mold and fungal growth on surface and through thickness, protecting finished part • Potable water equipment • Roofs & eaves • Decking, fencing & railings • High-touch surfaces • Bath surrounds, liners & inserts Scratch & Mar Resistance Additives For applications requiring resistance to daily surface abrasion, and management of surface energy • Exterior fencing, decking, railings & shutters • Outdoor furniture • Playground equipment Flame Retardant Additives Reduces spread of fire and heat release by creating a char to limit oxygen at the flame source • Wire & cable • Telecommunications • Decking, fencing & railings • Conduit • Exterior siding & cladding • Housings UV and Light Blocking Additives UV stabilizers help mitigate the harmful effects of UV radiation while light blocking additives protect products sensitive to light • Exterior siding & cladding • Trim & moldings • Roofing, shingles, tiles • Outdoor furniture • Fencing, decking, railings & shutters Anti-static and Conductive Additives Controls build-up of static charges to create static-dissipated parts while reducing related dust accumulation • Electrical connectors • Conduit or tubing • Junction boxes • Flooring • 5G enabling Chemical Foaming Agents Reduces weight and density without compromising mechanical properties • Exterior siding & cladding • Modular panels • Decking, fencing & railings Optimization Additives Cycle-time reducers that help optimize production while allowing improved dimensional stability and energy efficiency, among other processing benefits • Used in extrusion and injection molding processes to improve thermal conductivity, and lower processing temperatures and energy consumption Laser Marking Supports design and production flexibility and offers a new level of control in marking polymers with speed and clarity • Wire & cable • Outdoor furniture • Equipment & housings • Pipes & fittings Anti-counterfeiting Additives Customizable in-plastic authentication technologies that enable positive identification versus counterfeit products • Wire & cable jacketing • Pipes & fittings • Telecommunications • Potable water equipment Wood Plastic Composite (WPC) Capstock Technology Pair with traditional WPC materials as a substrate for a durable outer layer • Exterior siding & cladding • Outdoor furniture • Fencing, decking & railings Sustainable Colorants & Additives Color concentrates and additives carefully chosen to meet industry requirements and legislation, and designed to lower environmental impact while improving sustainability • Green building roofing • OSHA compliance • Sheet & profile extrusions • LEED building & material credits FX Special Effects Colorants Granite, marbling, woodgrain and other distinctive colorant technologies to provide special surface effects • Decorative molding • Chair or hand rails • Wallcovering • Blinds & shutters • Any surface or part demanding a distinctive look Pool Colorants Durable, long-lasting pigment formulations for finishes that hold up to pool water chemistries • Pool decks • Coping • In-ground swimming pools Metallic Flooring & Stain Colorants Colorants designed to give concrete floors and surfaces a distinctive appearance • Concrete flooring • Countertops • Decorative concrete • Walls While this listing represents many Avient solutions and addresses common applications, we can tackle many other building & construction needs.