https://www.avient.com/sites/default/files/2024-12/2024 Avient Executive Bios_John Midea.pdf
Midea joined Avient in February 2015 and leads the company’s award-winning global
operational excellence initiatives, including manufacturing process improvement,
environmental health and safety, global sourcing and logistics, Lean Six Sigma training and
deployment, and acquisition integration.
https://www.avient.com/sites/default/files/2024-12/Versaflex CE -Gaming Wheel - Case study Snapshot.pdf
G LO BA L C O N S U M E R
E L E C T RO N I C S B R A N D
G A M I N G W H E E L G R I P
• Soft touch feel
• Good bonding with PC+20GF substrate
• Non-blooming surface finish
• Replaced leather with a TPE to improve
production efficiency through overmolding
• Provided a recyclable alternative to silicone,
giving the customer the choice of more
sustainable grip material
• Offered durable solution with good wear
resistance and excellent chemical and oil
resistance
Versaflex CE TPE
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2025-01/OnForce LFT-Truck Foot Pedal-Case study Snapshot.pdf
Heavy Truck manufacturer
HEAVY TRUCK
MANUFACTURER
E X T E R I O R S T E P P E D A L
• Offer pre-color support to achieve an approved silver color
formulation
• Provide a metallic look with good weather resistance and
wear performance for the exterior part
• Shorten development time to gain durability approval
• Offered color options that met desired metal
color and texture, which was different from
an ordinary plastic feel
• Achieved excellent wear performance and
weather resistance, qualifying it to replace
metal
• Provided support in achieving durability
approval, resulting in significant time and
cost savings
OnForce Long Glass Fiber Reinforced
Polypropylene Composites
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2025-02/case study snapshot-Ostomy bag-G2705.pdf
PowerPoint Presentation
M E D I C A L D E V I C E
M A N U FA C T U R E R
O S T O M Y B A G S E A L S
• Comply with ISO 10993 and FDA Class II medical device
regulations
• Offer Good sealing performance
• Provide technical supports for processing
recommendations
• Deliver a high compression set materials to improve
comfort
• Provided a medical-grade TPE to help the
customer meet necessary regulatory
specifications and gain market share
• Provided technical support during design
and the manufacturing process for EVA
bonding
• Delivered soft-touch feel and excellent
sealing performance
Versaflex HC Thermoplastic Elastomers -
G2705 Formulation
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520-%2520Investor%2520Day%25205-18-15.pdf
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PolyOne Corporation Page 33
Innovation Pipeline Potential
Global Specialty Engineered Materials
Prototype Frame
Opportunity
Scale-up & Test
Market
Build
Business Case
Commercial
Launch
Phase 1 Phase 2 Phase 3 Phase 4 Phase 5
3
6
2
3
4
4
2 2 1
3
3
1
3
2
1
Breakthrough
Platform
Derivative
Addressable Market
($ millions)
$400 $100 $200
PolyOne Corporation Page 34
Megatrends Aligned with Key End Markets
Increasing
Energy
Efficiency
Protecting
the
Environment
Improving
Health and
Wellness
Megatrend End Markets
Globalizing
and
Localizing
Health &
Wellness
Transportation
Packaging
Consumer
Global Specialty Engineered Materials
PolyOne Corporation Page 35
>$150M
Revenue
Potential
Advanced Composites
Healthcare
Key Initiatives
Light-weighting
>$100M
Revenue
Potential
Global Specialty Engineered Materials
PolyOne Corporation Page 36
Platinum Vision
1.1%
8.0%
12.1%
20%+
2006 2011 2014 2020
Platinum
Vision
World Class Operating Margin
Accelerating Growth
Global Specialty Engineered Materials
Innovation Market
Growth
Geographic
Expansion
Collaboration
PolyOne Corporation Page 37
Summary
Accelerating growth is #1 priority
• Collaboration across PolyOne
• Market-driven Innovation
• Commercial and Operational Excellence
Global Specialty Engineered Materials
PolyOne Corporation Page 38
Designed Structures and Solutions
PolyOne Corporation Page 39
Custom
Engineered
Solutions
71%
Packaging
Solutions
29%
Appliances
2%Building &
Construction
8%
Consumer
5%
Healthcare
6%
Industrial
23%
Packaging
27%
Transportation
30%
2014 Revenue by
Industry Segment
2014 Revenues:
$0.6 Billion
At a Glance
Designed Structures and Solutions
PolyOne Corporation Page 40
Early Progress
1.4%
5.6%
7.3%
2012 2013 2014
Operating Margin
$16
$33
$45
2012 2013 2014
Operating Income ($M)
• Cultural shift from
volume to value
• Emphasis on
commercial excellence
• Mix shift to profitable
portfolio of offerings
• “Rightsizing” the
operational footprint
• Deploy Lean Six Sigma
Designed Structures and Solutions
PolyOne Corporation Page 41
A Lot of Work Remains with Tremendous Upside Potential
Guided by our Four Pillar Strategy
Specialization Globalization
Operational
Excellence
Commercial
Excellence
Designed Structures and Solutions
Focused on improving:
• Quality
• On-time Delivery
• Operational Efficiency
PolyOne Corporation Page 42
Innovating with Cross-Business Unit Technologies
Designed Structures and Solutions
Specialty Engineered Materials
Color and Additives
GLS
ColorMatrix
Geon
• Flame retardant solutions
• Flexible sound abatement materials
• Energy dissipation
• Replacement of leaded glass
• Foaming technologies
• Improved renewable packaging
• Next generation barrier packaging
• Glass replacement in packaging
PolyOne Corporation Page 43
Who We Are Growing With
Designed Structures and Solutions
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PolyOne Corporation Page 44
Security Solutions
Aerospace
Key Initiatives
Architectural Solutions
$80M
Addressable
Market
$85M
Addressable
Market
$30M
Addressable
Market
Designed Structures and Solutions
PolyOne Corporation Page 45
Platinum Vision
1.4%
5.6%
7.3%
12-14%
2012 2013 2014 2020
Platinum
Vision
World Class Operating Margin
Accelerating Growth
Designed Structures and Solutions
On-Time
Delivery
Improving
Quality
Customer Centric
Selling
Market Growth Innovation &
Collaboration
PolyOne Corporation Page 46
Summary
Designed Structures and Solutions
• Operational improvements to drive quality and
service excellence
• Continue to invest to optimize and upgrade
capabilities to better serve our customers
• Execution of four pillar
strategy will drive sustained
earnings performance
• Collaboration will accelerate
our success
PolyOne Corporation Page 47
Performance Products and Solutions
Michael A.
Patterson
President and Chief Executive Officer
PolyOne Corporation Page 82
PolyOne Core Values
Innovation
Collaboration
Excellence
PolyOne Corporation Page 83
Confirmation of Our Strategy
The World’s Premier Provider of Specialized
Polymer Materials, Services and Solutions
Specialization Globalization
Operational
Excellence
Commercial
Excellence
PolyOne Corporation Page 84
‘06-‘14 Adjusted EPS CAGR = 40%
Strategy and Execution Drive Results
$0.12
$0.27
$0.21
$0.13
$0.68
$0.82
$1.00
$1.31
$1.80
'06 '07 '08 '09 '10 '11 '12 '13 '14
Adjusted EPS Share Price vs.
https://www.avient.com/sites/default/files/2020-03/polyone-2019-annual-report.pdf
COMMERCIAL EXCELLENCE
Governs our activities in the marketplace
to deliver extraordinary value to our
customers.
VISION AND STRATEGY
Specialization Globalization
Operational
Excellence
Commerical
Excellence
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Associates
74424.indd intro_4 3/16/20 12:25 PM
OUR VALUES
Core Values
Collaboration.
Excellence.
https://www.avient.com/sites/default/files/2024-05/Cesa Light Additives-PP Nonwoven Geotextile-Case study snapshot.pdf
PP NONWOVEN
MANUFACTURER
G E O T E X T I L E S
• High concentrate UV solution (up to 50% light protection)
in PP nonwoven textiles
• Shorter lead time from existing supplier
• Local technical support
• Long-lasting UV stability
• Provided high concentrate UV protection in
nonwoven textiles with dosage @ 50%
• Shortened the lead time with global supply
and technical service
• Offered excellent UV stability
CesaTM Light Additives
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2024-05/Oncolor Polymer Colorants-Sign board protive tape-case study snapshot_0520.pdf
Provided excellent dispersion with highly
concentrated TiO2
• Offered customized solutions to achieve
customer request on TiO2 % @ 80%
• Maintained good light fastness
https://www.avient.com/products/polymer-colorants
Slide 1: EXTRUSION FILM MANUFACTURER
https://www.avient.com/sites/default/files/2021-07/eccoh-optical-cable-sheath-case-study-one-pager.pdf
WIRE &CABLE
COMPANY
O P T I C A L C A B L E S H E A T H
• Excellent resistance to fungi and mildew
• Good UV resistance
• Meet flame retardant standard IEC 60332-3C
• Provided an anti-fungi solution with an ISO
846 rating of 0, showing no growth under
microscope
• Formulated solution to meet flammability
performance demands for IEC60332-2 or
GBT 18380.22-2008 compliance
• Complied with Biocidal Product Regulation
(EU) No528/2012 (BPR)
ECCOH™ Thermoplastic Formulation
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2022-07/ECCOH_ 5978 UV - Aerial Drop Cable Jacket - Applications Snapshot.pdf
CABLE
MANUFACTURER
A E R I A L D R O P C A B L E J A C K E T
• Pass clamp test requested by end customer
• Strong UV resistance & mechanical performance
• Excellent processing
• Good fire performance to pass CPR class Cca / Dca
• Low shrinkage (< 1%)
• Exceeded material fire performance
requirements and met all other performance
criteria
• Simplified supply chain with local
manufacture in Europe
• Enabled customer to run material at
optimum processing conditions by providing
support with machine set up
ECCOH™ 5978 UV Formulation
KEY REQUIREMENTS
WHY AVIENT?