https://www.avient.com/sites/default/files/2024-11/SEM Selection Guide.pdf
NAME BASE RESIN(S) TARGET MARKETS/ APPLICATIONS AVAILABLE FEATURES1 Artisan™ Pre-Colored Thermoplastics ABS, PA Powersports, Lawn & Garden, Marine, Electronics, Home Appliances, Cosmetic Packaging Customizable pre-color solutions Scratch & mar resistance Weatherability & UV resistance High impact resistance Chemical resistance Simplifies processing/replaces paint Tailored temperature performance range: -20°C to 105°C Bergadur™ Polyester Formulations PBT Transportation, Consumer, Industrial High strength Good creep rupture strength Good chemical and heat resistance Low friction and good abrasion resistance Complēt™ Long Fiber Reinforced Structural Thermoplastics/ OnForce™ Long Glass Fiber Reinforced Polypropylene Composites PA, PK, PP, PPA, PPS, TPU Consumer, Transportation, Industrial Long fiber technology Elevated impact and mechanical properties at room temperature Increased performance at temperature extremes Excellent creep and fatigue resistance Glass and carbon fiber filled options Lubricated, fire retardant, and pre-colored options PK-based formulations offer reduced carbon footprint as a result of the base resin Recycled grades formulated with up to 100% post- industrial recycled (PIR) or post-consumer recycled (PCR) content Edgetek™ Engineered Polymer Formulations ABS, LCP, PA, PC, PC/ ABS, PC/PBT, PC/PET, PC/PSU, PEEK, PES, PEI, POM, PPA, PPS, PSU Transportation, Consumer, Industrial, Telecommunications, Electrical & Electronics Strength and durability Chemical and temperature resistance High impact resistance Weatherability Flame retardant grades: UL 94 V-0, V-1, V-2, and 5VA Low-density grades for weight reduction 5G properties – customizable Dk/Df and 3D/LDS solutions Edgetek™ REC PC Recycled Polycarbonate Solutions PC Electrical & Electronics, Consumer Goods, Transportation Contain 25–70% PIR or PCR content Comparable performance to prime PC formulations Edgetek™ PKE Polyketone Formulations PK Electrical & Electronics, Industrial, Consumer, Transportation Excellent chemical resistance Good strength, durability and dimensional stability Pre-colored formulations Non-halogen, flame retardant performance to UL 94 V-0 Reduced carbon footprint compared to PA6 and PA66 1 See technical data sheets for complete product details SPECIALTY ENGINEERED THERMOPLASTICS NAME BASE RESIN(S) TARGET MARKETS/ APPLICATIONS AVAILABLE FEATURES1 Gravi-Tech™ Density Modified Formulations PA, TPU, TPE, PBT Consumer, Transportation, Industrial Customized density, from 1.5 to 11 gm/cm3 Broad modulus and strength: flexible to rigid Chemical and corrosion resistance Alternative to lead and other traditional dense metals Suitable for metallization and electroplating Low-shrinkage grades available Gravi-Tech™ BIO Bio-based Formulations Bio-based PP Cosmetic Caps & Closures, Perfume Caps, Spirit Bottle Caps, Luxury Boxes, Handles & Knobs Customized density, from 1.5 to 11 gm/cm3 Formulated with partially bio-based resin from renewable plant sources Achieve equivalent performance to prime density modified solutions Gravi-Tech™ REC Recycled Formulations rPP, rABS, rPA Cosmetic Caps & Closures, Perfume Caps, Spirit Bottle Caps, Luxury Boxes, Handles & Knobs Customized density, from 1.5 to 11 gm/cm3 Based on recycled resin and/or filler from PIR and/or PCR sources Achieve equivalent performance to prime density modified solutions LubriOne™ Internally Lubricated Formulations/ LubriOne™ PKE Polyketone Formulations PA, PBT, PC, PEEK, PEI, PK, POM, PP, PPA, PPS, PS Transportation, Electrical & Electronics, Industrial Low coefficient of friction Self-lubricating Chemical, wear, and corrosion resistance PK-based formulations can offer a reduced carbon footprint compared to PA6, PA66 and POM Grades avoiding the use of fluorinated lubricants such as PTFE are available Maxxam™ Polyolefin Formulations PP Consumer, Transportation, Electrical & Electronics, Industrial Homopolymer and co-polymer grades Optional additives: UV, heat stabilizers Standard grades available in natural and black Maxxam™ BIO Bio-Based Polyolefin Formulations PP Consumer, Transportation, Electrical & Electronics, Industrial Formulated with 10–50% bio-content including bio-based resin and/or filler Bio-filler from sources including olive seed powder, recycled coffee grounds, cellulose fiber Achieves equivalent performance to standard polyolefin formulations Maxxam™ FR Flame Retardant Polyolefin Formulations PE, PP Consumer, Transportation, Electrical & Electronics, Industrial, Energy Flame retardant grades: UL 94 V-0, V-1, V-2, and 5VA Elevated UL RTI ratings Halogen-free flame retardant grades available Maxxam™ REC Recycled Polyolefin Formulations PP Consumer, Transportation, Electrical & Electronics, Industrial Formulated with 25–100% recycled resin from PIR and PCR sources Achieves equivalent performance to standard polyolefin formulations Nymax™/Bergamid™ Polymer Formulations PA 6, 66, 612, 12, co-polymers Transportation, Building & Construction, Electrical & Electronics Toughened grades: medium and high impact Optional additives: heat stabilized, lubricated, impact modified, nucleated Standard grades available in natural and black Pre-colored solutions available Nymax™ BIO Bio-based Polyamide Solutions Bio-based PA Transportation, Consumer Goods, Industrial, Building & Construction Formulated with 16–47% natural filler, reducing the carbon footprint Excellent surface appearance and colorability Lower warpage compared with PA66 glass fiber-filled materials Equivalent performance to PA66 glass fiber-filled materials Excellent dimensional stability and property retention rate after water uptake Nymax™ REC Recycled Nylon Formulations PA6, PA66 Transportation, Consumer, Household Appliances, Electrical & Electronics, Industrial Contains 20–100% recycled content PIR and PCR grades available Support the circular economy Comparable performance to prime grades Super tough formulations available Customizable solution NAME BASE RESIN(S) AVAILABLE FEATURES1 NEUSoft™ Thermoplastic Polyurethanes and NEU™ Custom Capabilities PEBA, TPU, PA 11, PA 12, PP, PE, TPE Radiopacifiers, stabilizers, and surface modifiers Antimicrobial technologies Pre-colored formulations Small lot capabilities Short lead times Trilliant™ HC Healthcare Thermoplastics ABS, LCP, PA, PA 6, PA 66, PC, PC/ABS, PC/PSU, PEBA, PEEK, PES, PK, POM, PPA, PSU Certified to USP Class VI Formulations locked down Drug master file submissions by product stewardship Pre-colored, small lot production down to 50 lb–250 lb Sterilization, chemical resistance, and secondary process guidance Adherence to FDM-GMP manufacturing standards Antimicrobial technologies Materials for radiation shielding protection PK-based formulations offer reduced carbon footprint as a result of the base resin Versaflex™ HC Thermoplastic Elastomers TPE Overmolding Clear and heat resistant Ultra clear grades Ultra soft TPE gels, 30 Shore OO FDA, USP Class VI, ISO 10993 approved grades Sterilizable under autoclave, radiation, and EtO gas Extrusion, injection, and blow moldable Bio-based formulations available HEALTHCARE SPECIALTY FORMULATIONS 1 See technical data sheets for complete product details SPECIALTY ENGINEERED THERMOPLASTICS NAME BASE RESIN(S) TARGET MARKETS/ APPLICATIONS AVAILABLE FEATURES1 PREPERM™ Low-Loss Dielectric Thermoplastics PPE, PBT, ABS, PP Telecommunications, Transportation Stable and controlled dielectric performance Ultra-low transmission loss at mmWave frequencies up to 220 GHz Dielectric constant (Dk) range spanning 2.55 to 23 Stat-Tech™ Static Dissipative & Electrically Conductive Formulations ABS, PA, PC, PC/ABS, PC/PSU, PEEK, PEI, PES, PP, PPA Transportation, Electrical & Electronics Integrated EMI/RFI shielding Conductive properties Anti-static/dissipative properties Corrosion resistance Lightweighting and ease of processing Clean room materials for semiconductors available TPE grades are available (see page 6) Surround™ EMI/RFI Shielding Formulations ABS, PP, PBT, PC, PA 66 Transportation, Electrical & Electronics Integrated EMI/RFI shielding Long fiber technology Conductive properties Galvanic corrosion protection Lightweighting and ease of processing Therma-Tech™ Thermally Conductive Formulations LCP, PA, PEEK, PP, PPA, PPS Consumer, Transportation Thermally conductive Low coefficient of thermal expansion Corrosion resistance 1 See technical data sheets for complete product details NAME BASE RESIN(S) AVAILABLE FEATURES1 ECCOH™ Low Smoke and Fume Non-Halogen Formulations PE, PP, TPE, EVA Flame retardant, low smoke and fume, non-halogen (LSFOH) Flexible, low friction, easy-peel, and high-speed processing Compatible with Avient colorants and additives ECCOH™ XL Cross-Linkable Solutions XLPE Enhances the performance of traditional ECCOH LSFOH solutions Improved oil, chemical and UV resistance, mechanical performance, or operating temperature FireCon™ CPE Insulation Jacketing Formulations CPE, CPE alloy Low and medium voltage cable jacketing Flame retardant and 90°C deformation resistance Oil resistance RoHS grades available Maxxam™ FR Flame Retardant Polyolefin Formulations PE, PP UL Yellow Card for plenum applications Halogen-free flame retardant grades available Maxxam™ SY Foamable Flame Retardant Formulations Foamable PP co-polymer Easy processing Variety of final densities available Corrosion resistance Syncure™ XLPE Cross-linkable Polyethylene Formulations XLPE Low and medium voltage formulations High performance moisture cure technology UL bulletinized XHHW2 and VW1 Temperature, abrasion, and oil resistant Formulations available without DBDPE Resistant to electrical breakdown WIRE AND CABLE SPECIALTY THERMOPLASTICS NAME TARGET MARKETS/APPLICATIONS AVAILABLE FEATURES1 OnFlex™ Thermoplastic Elastomers Transportation, Building & Construction, Electrical & Electronics, Industrial, Wire & Cable Low odor solutions UV stabilization High heat resistance Chemical resistance Automotive approved grades Excellent compression set Overmolding Flame resistant grades Excellent weatherability Extrusion, injection, and blow moldable Formulations with imbedded antimicrobial additives reSound™ BIO Thermoplastic Elastomers Consumer, Transportation, Industrial Biopolymers sustainably sourced from plant-based raw materials Utilizing 35–75% bio-renewable content Strength and durability Chemical resistance Impact resistance Pre-colored solutions reSound™ REC Recycled Content Thermoplastic Elastomers Personal Care Products, Lawn & Garden Tools, Outdoor Goods, Office Supplies, Footwear, Houseware Durables, Consumer Electronics, Automotive PIR & PCR formulations utilizing 9–83% recycled content PCR grades formulated with recycled ocean plastics, food packaging, engine oil, or polyvinyl butyral (PVB) PCR grade suitable for use in specific food-contact applications Supports the circular economy Can be overmolded to PP, PC, ABS, PC/AB Comparable performance to traditional TPEs reSound™ Ultra-Low Carbon Footprint Thermoplastics Elastomers Personal Care, Household Appliances, Consumer Packaging, Consumer Electronics Formulated to achieve a negative, neutral or low product carbon footprint (PCF) Industry-first cradle-to-gate PCF range between -0.46 and -0.02 in kg CO2 equivalent/kg product Opaque natural appearance Easily colorable Comparable performance to traditional TPEs Can be overmolded to PP or PE Stat-Tech™ TPE Static Dissipative & Electrically Conductive Thermoplastic Elastomers Automotive, Industrial, Conveyor Belts & Controls, ADAS Systems, Electronic Devices Electrical resistivity range from 10 to 10¹⁰ Ω Hardness range from 40–85 Shore A Protects critical electrical components from EMI/RFI and reduces static build-up Simplifies manufacturing Overmolds directly onto polymer substrates Meets regulatory compliance requirements of ATEX and ESD, and food contact compliance grades are available Versaflex™ and Versaflex™ HC Thermoplastic Elastomers Consumer, Packaging, Healthcare, Electrical & Electronics, Appliances, Medical Tubing, Protective Films Overmolding Vibration damping grades Clear and heat resistant TPEs Ultra clear grades Ultra soft TPE gels, 30 Shore OO FDA, USP Class VI, ISO 10993 approved grades NSF and UL listings Sterilizable under autoclave, radiation, and EtO gas Extrusion, injection, and blow moldable Formulations with imbedded antimicrobial additive Bio-based formulations for healthcare available GLS™ THERMOPLASTIC ELASTOMERS 1 See technical data sheets for complete product details Lightweighting Complēt™ Long Fiber Reinforced Structural Thermoplastics Edgetek™ LD Low Density Formulations LubriOne™ Internally Lubricated Formulations OnForce™ Long Glass Fiber Reinforced Polypropylene Composites Stat-Tech™ Static Dissipative & Electrically Conductive Formulations Surround™ EMI/RFI Shielding Formulations Therma-Tech™ Thermally Conductive Formulations Human Health & Safety NEUSoft™ Thermoplastic Polyurethanes Versaflex™ HC Thermoplastic Elastomers Reduced Energy Use Artisan™ Pre-Colored Thermoplastics Versaflex™ Non-Blooming TPEs for Consumer Electronics VOC Reduction OnFlex™ LO Thermoplastic Elastomers Versaflex™ Low Adhesive Build-up TPE for Protective Film Tack Layer Versaflex™ PF Tack Layer for Surface Protective Films Recycle Solutions Complēt™ REC Long Fiber Reinforced Structural Thermoplastics Edgetek™ REC PC Recycled Polycarbonate Solutions Gravi-Tech™ REC Recycled Formulations Maxxam™ REC Recycled Polyolefin Formulations Nymax™ REC Recycled Nylon Formulations reSound™ REC Recycled Content Thermoplastic Elastomer Biopolymers Gravi-Tech™ BIO Bio-based Formulations Maxxam™ BIO Bio-based Polyolefin Formulations Nymax™ BIO Bio-based Polyamide Solutions reSound™ BIO Thermoplastic Elastomers Versaflex™ HC BIO Thermoplastic Elastomers Eco-conscious Complēt™ PKE Long Fiber Reinforced Structural Polyketone Thermoplastics Edgetek™ PKE Polyketone Formulations Edgetek™ Solutions for Laser Welding LubriOne™ PKE Polyketone Formulations Gravi-Tech™ Lead Replacement Formulations reSound™ Ultra-Low Carbon Footprint Thermoplastics Elastomers Trilliant™ HC Healthcare Polyketone-based Thermoplastics Trilliant™ XR Lead Replacement Thermoplastics Sustainable Infrastructure ECCOH™ Low Smoke and Fume Non-Halogen Formulations ECCOH™ XL Cross-linkable Solutions Edgetek™ Formulations for 5G Maxxam™ FR Flame Retardant Polyolefin Formulations PREPERM™ Low-Loss Dielectric Thermoplastics Syncure™ XLPE Cross-linkable Polyethylene Formulations SPECIALTY ENGINEERED FORMULATIONS THAT SUPPORT SUSTAINABILITY SPECIALTY ENGINEERED MATERIALS FOCUS MARKETS Our product portfolio offers customizable solutions to serve a full range of markets, including: Building & Construction Consumer Energy Healthcare Industrial Packaging Telecommunications Transportation 1.844.4AVIENT www.avient.com Copyright © 2024, Avient Corporation.
https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520–%2520Goldman%2520Sachs%2520Conference%25202015.pdf
S&P 500 PolyOne Corporation Page 9 2006 Q1 2015 2020 “Where we were” “Where we are” Platinum Vision 1) Operating Income % Specialty: Global Color, Additives & Inks 1.7% 16.2% 20%+ Global Specialty Engineered Materials 1.1% 16.3% 20%+ Designed Structures & Solutions 1.4% (2012) 2.7% 12 – 14% Performance Products & Solutions 5.5% 6.5% 10 – 12% Distribution 2.6% 5.9% 6.5 – 7.5% 2) Specialty Platform % of Operating Income 6.0% 69% 80%+ 3) ROIC 5.0% 11.4% 15% 4) Adjusted EPS Growth N/A 22 Consecutive Quarters of EPS Growth Double Digit Expansion Proof of Performance & 2020 Goals PolyOne Corporation Page 10 Platinum Vision: Pathway to Accelerated Growth Organic Sales Growth Margin Expansion Share Repurchases Acquisitions 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 Prototype Frame Opportunity Scale-up & Test Market Build Business Case Commercial Launch Phase 1 Phase 2 Phase 3 Phase 4 Phase 5 6 9 7 3 5 12 5 3 2 8 4 2 4 3 1 Breakthrough Platform Derivative A Rich Pipeline of Opportunity Number of Projects 14 8 18 12 22 74 Addressable Market ($ millions) $700 $600 $600 $1,900 PolyOne Corporation Page 14 60% 98% 20% 30% 40% 50% 60% 70% 80% 90% 100% 2008 Q1 2015 Pension Funding** As of March 31, 2015 Debt Maturities & Pension Funding Net Debt / EBITDA* = 2.1x $49 $317 $600 $0 $100 $200 $300 $400 $500 $600 $700 $800 2015 2020 2023 Debt Maturities As of March 31, 2015 ($ millions) Coupon Rate: 7.500% 7.375% 5.250% ** includes US-qualified pension plans only *TTM 3/31/2015 PolyOne Corporation Page 15 Free Cash Flow and Strong Balance Sheet Fund Investment / Shareholder Return Expanding our sales, marketing, and technical capabilities Investing in operational and LSS initiatives ~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 Synergy opportunities Adjacent material solutions Repurchased over 500k shares in Q1 2015 Repurchased 11.8 million shares since early 2013 8.2 million shares are available for repurchase under the current authorization PolyOne Corporation Page 16 PolyOne Core Values Innovation Collaboration Excellence PolyOne Corporation Page 17 The New PolyOne: A Specialty Growth Company Why Invest In PolyOne?
Addressable market exceeds $40 billion 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 PolyOne Corporation Page 18 Appendix PolyOne Corporation Page 19 $0.17 $0.22 $0.24 $0.31 $0.44 $0.46 $0.00 $0.25 $0.50 Q1'10 Q1'11 Q1'12 Q1'13 Q1'14 Q1'15 Adjusted EPS $30 $34 $25 $30 $35 Q1 2014 Q1 2015 GCAI Operating Income (in millions) $18 $23 $15 $20 $25 Q1 2014 Q1 2015 GSEM Operating Income (in millions) Q1 2015 Financial Highlights Global Specialty Engineered Materials’ operating margin of 16.3% above the 2015 target Global Color Additives and Inks’ operating margin grew to 16.2% First quarter adjusted EPS has grown on average 23% per year since 2010 +26% +11% PolyOne Corporation Page 20 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% 16.2% 20%+ 2006 2007 2008 2009 2010 2011 2012 2013 2014 Q1 2015 2020 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% Platinum Vision United States 44% Europe 36% Canada 2% Asia 12% Latin America 6% PolyOne Corporation Page 21 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% 16.3% 20%+ 2006 2007 2008 2009 2010 2011 2012 2013 2014 Q1 2015 2020 Operating Income % of Sales Platinum Vision 12.1% United States 44% Europe 33% Canada 2% Asia 19% Latin America 2% PolyOne Corporation Page 22 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% 2.7% 12-14% 2012 2013 2014 Q1 2015 2020 Operating Income % of Sales Platinum Vision PolyOne Corporation Page 23 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% 6.5% 2006 2007 2008 2009 2010 2011 2012 2013 2014 Q1 2015 2020 Operating Income % of Sales At a Glance Performance Products and Solutions Solutions Expanding Profits 2014 Revenues: $0.8 Billion 10-12% Platinum Vision 2014 Revenue by Industry Segment 7.7% United States 80% Canada 14% Asia 2% Latin America 4% PolyOne Corporation Page 24 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% 5.9% 6.5-7.5% 2006 2007 2008 2009 2010 2011 2012 2013 2014 Q1 2015 2020 Operating Income % of Sales 15% 50% 2006 Q1 2015 At a Glance Distribution Key Suppliers 2014 Revenues: $1.1 Billion ROIC Expanding Profits 6.1% Platinum Vision http://www.polyone.com/Pages/VariationRoot.aspx PolyOne Corporation Page 25 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 26 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 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 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 PET Bottling Technology 0.0 10.0 20.0 30.0 40.0 50.0 60.0 70.0 2009 2014 2019 Asia Pacific North America Latin America Western Europe Eastern Europe Middle East and Africa Global PET Packaging Growth 2009-2019 Source: Euromonitor retail off-trade consumption (PET bottles & jars, home care, personal care, food & non-alcoholic beverages) B ill io n un its 5% CAGR 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 2015 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.
Special items include charges related to specific strategic initiatives or financial restructuring such as: consolidation of operations; debt extinguishment costs; employee separation costs resulting from personnel reduction programs, plant phase-in costs, executive separation agreements; asset impairments; mark-to-market adjustments associated with actuarial gains and losses on pension and other post-retirement benefit plans; environmental remediation costs, fines, penalties, remediation costs and related insurance recoveries related to facilities no longer owned or closed in prior years; gains and losses on the divestiture of operating businesses, joint ventures and equity investments; gains and losses on facility or property sales or disposals; results of litigation, fines or penalties, where such litigation (or action relating to the fines or penalties) arose prior to the commencement of the performance period; unrealized gains and losses from foreign currency option contracts; one-time, non-recurring items; and the effect of changes in accounting principles or other such laws or provisions affecting reported results. (2) Tax adjustments include the net tax expense (benefit) from one-time income tax items and deferred income tax valuations allowance adjustments. 3 Net debt to adjusted EBITDA is calculated as follows: Three Months Ended Twelve Months Ended Three Months Ended Trailing Twelve Months (TTM) Ended (In millions) March 31, 2014 December 31, 2014 March 31, 2015 March 31, 2015 Short-term portion and current portion of long-term debt $ 12.8 $ 61.8 $ 61.9 Long-term debt 968.1 962.0 1,049.2 Less: Cash and cash equivalents (238.3) (238.6) (226.4) Net Debt $ 742.6 785.2 884.7 Income before income taxes $ 39.9 $ 88.4 $ 53.3 $ 101.8 Interest expense, net 15.5 62.2 16.1 62.8 Depreciation and amortization 32.8 123.9 25.1 116.2 Special items, impact on operating income 22.9 164.9 9.3 151.3 Accelerated depreciation included in special items (6.8) (23.1) (0.1) (16.4) Adjusted EBITDA $ 104.3 $ 416.3 $ 103.7 $ 415.7 Net Debt/TTM Adjusted EBITDA 2.1 Goldman Sachs - May 19 2015 r4 Goldman Sachs - May 19 2015 POL IR Presentation - Updated for 2015 - 5-13-15 GS ��PolyOne Investor Presentation�Goldman Sachs Basic Materials Conference�May 2015�� Forward-Looking Statements Use of Non-GAAP Measures PolyOne Commodity to Specialty Transformation PolyOne�At A Glance Mix Shift Highlights Specialty Transformation Confirmation of Our Strategy Strategy and Execution Drive Results Proof of Performance & 2020 Goals Platinum Vision: Pathway to Accelerated Growth Innovation Drives Earnings Growth Megatrends Aligned with Key End Markets A Rich Pipeline of Opportunity Debt Maturities & Pension Funding Free Cash Flow and Strong Balance Sheet �Fund Investment / Shareholder Return PolyOne Core Values Why Invest In PolyOne?