https://www.avient.com/sites/default/files/2024-03/Terms and Conditions of Sale in Turkey.pdf
In the event of
Buyer’s breach or failure to perform, Seller shall
be entitled to (but is not required to) recover from
Buyer, in addition to any other damages caused by
such action: (i) in the case of Products produced
specifically for Buyer or which reasonably cannot
be resold by Seller to a third party, the price of
such Products as quoted in Seller’s order
confirmation; or (ii) in the case of Products which
can be resold by Seller, damages equal to fifty
percent (50%) of the price for the Products as
quoted in Seller’s order confirmation, as
liquidated damages.
9.
i) If Buyer is in
default of performance of its obligations towards
Seller and fails to provide adequate assurance of
Buyer’s performance before the date of scheduled
delivery; or (ii) if Seller has reasonable doubts
with respect to Buyer’s performance of its
obligations and Buyer fails to provide to Seller
adequate assurance of Buyer’s performance
before the date of scheduled delivery and in any
case within thirty (30) days of Seller’s demand for
such assurance; or (iii) Save for Article 296 of
Bankruptcy and Enforcement Law, if Buyer
becomes insolvent or unable to pay its debts as
they mature, or goes into liquidation or any
bankruptcy proceeding shall be instituted by or
against Buyer or if a trustee or receiver or
administrator is appointed for all or a substantial
part of the assets of Buyer or if Buyer makes any
assignment for the benefit of its creditors; or (iv)
in case of non-compliance of Buyer with any law,
statute ordinance, regulation, code or standard
(“Laws and Standards”), then Seller may by
notice in writing to Buyer, without prejudice to
any of its other rights: (a) demand return and take
repossession of any delivered Products which
have not been paid for and all costs relating to the
recovery of the Products shall be for the account
of Buyer; and/or (b) suspend its performance or
terminate its order confirmation for pending
delivery of Products unless Buyer makes such
payment for Products on a cash in advance basis
or provides adequate assurance of such payment
for Products to Seller.
https://www.avient.com/sites/default/files/2024-03/Terms and Conditions of Sale for Sweden.pdf
In the event of Buyer’s breach or failure to
perform, Seller shall be entitled to (but is not required to) re-
cover from Buyer, in addition to any other damages caused by
such action: (i) in the case of Products produced specifically for
Buyer or which reasonably cannot be resold by Seller to a third
party, the price of such Products as quoted in Seller’s order con-
firmation; or (ii) in the case of Products which can be resold by
Seller, damages equal to fifty percent (50%) of the price for the
Products as quoted in Seller’s order confirmation, as liquidated
damages.
9.
i) If Buyer is in default of per-
formance of its obligations towards Seller and fails to provide
adequate assurance of Buyer’s performance before the date of
scheduled delivery; or (ii) if Seller has reasonable doubts with
respect to Buyer’s performance of its obligations and Buyer
fails to provide to Seller adequate assurance of Buyer’s perfor-
mance before the date of scheduled delivery and in any case
within thirty (30) days of Seller’s demand for such assurance;
or (iii) if Buyer becomes insolvent or unable to pay its debts as
they mature, or goes into liquidation or any bankruptcy pro-
ceeding shall be instituted by or against Buyer or if a trustee or
receiver or administrator is appointed for all or a substantial part
of the assets of Buyer or if Buyer makes any assignment for the
benefit of its creditors; or (iv) in case of non-compliance of
Buyer with any law, statute ordinance, regulation, code or
standard (“Laws and Standards”), then Seller may by notice in
writing to Buyer, without prejudice to any of its other rights: (a)
demand return and take repossession of any delivered Products
which have not been paid for and all costs relating to the recov-
ery of the Products shall be for the account of Buyer; and/or (b)
suspend its performance or terminate its order confirmation for
pending delivery of Products unless Buyer makes such payment
for Products on a cash in advance basis or provides adequate
assurance of such payment for Products to Seller.
https://www.avient.com/sites/default/files/2024-03/Terms and Conditions of Sale for the Kingdom of Saudi Arabia.pdf
In the event of Buyer’s breach or failure to
perform, Seller shall be entitled to (but is not required to) recover from
Buyer, in addition to any other damages caused by such action: (i) in the
case of Products produced specifically for Buyer or which reasonably
cannot be resold by Seller to a third party, the price of such Products as
quoted in Seller’s order confirmation; or (ii) in the case of Products which
can be resold by Seller, damages equal to fifty percent (50%) of the price
for the Products as quoted in Seller’s order confirmation, as liquidated
damages.
If (i) Buyer is in default of performance
of its obligations towards Seller and fails to provide adequate assurance of
Buyer’s performance before the date of scheduled delivery; or (ii) if Seller
has reasonable doubts with respect to Buyer’s performance of its
obligations and Buyer fails to provide to Seller adequate assurance of
Buyer’s performance before the date of scheduled delivery and in any case
within thirty (30) days of Seller’s demand for such assurance; or (iii) if
Buyer becomes insolvent or unable to pay its debts as they mature, or goes
into liquidation or any bankruptcy proceeding shall be instituted by or
against Buyer or if a trustee or receiver or administrator is appointed for
all or a substantial part of the assets of Buyer or if Buyer makes any
assignment for the benefit of its creditors; or (iv) in case of non-compliance
of Buyer with any law, statute ordinance, regulation, code or standard
(“Laws and Standards”), then Seller may by notice in writing to Buyer,
without prejudice to any of its other rights: (a) demand return and take
repossession of any delivered Products which have not been paid for and
all costs relating to the recovery of the Products shall be for the account of
Buyer; and/or (b) suspend its performance or terminate its order
confirmation for pending delivery of Products unless Buyer makes such
payment for Products on a cash in advance basis or provides adequate
assurance of such payment for Products to Seller.
https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for Brazil %28English and Spanish Translation%29.pdf
In the
event of Buyer’s breach or failure to perform, Seller
shall be entitled to (but is not required to) recover from
Buyer, in addition to any other damages caused by such
action: (i) in the case of Products produced specifically
for Buyer or which reasonably cannot be resold by
Seller to a third party, the price of such Products as
quoted in Seller’s order confirmation; or (ii) in the case
of Products which can be resold by Seller, damages
equal to fifty percent (50%) of the price for the
Products as quoted in Seller’s order confirmation, as
liquidated damages.
9.
If (i) Buyer is in default
of performance of its obligations towards Seller and
fails to provide adequate assurance of Buyer’s
performance before the date of scheduled delivery; or
(ii) if Seller has reasonable doubts with respect to
Buyer’s performance of its obligations and Buyer fails
to provide to Seller adequate assurance of Buyer’s
performance before the date of scheduled delivery and
in any case within thirty (30) days of Seller’s demand
for such assurance; or (iii) if Buyer becomes insolvent
or unable to pay its debts as they mature, or goes into
liquidation or any bankruptcy proceeding shall be
instituted by or against Buyer or if a trustee or receiver
or administrator is appointed for all or a substantial part
of the assets of Buyer or if Buyer makes any
assignment for the benefit of its creditors; or (iv) in
case of non-compliance of Buyer with any law, statute
ordinance, regulation, code or standard (“Laws and
Standards”), then Seller may by notice in writing to
Buyer, without prejudice to any of its other rights: (a)
demand return and take repossession of any delivered
Products which have not been paid for and all costs
relating to the recovery of the Products shall be for the
account of Buyer; and/or (b) suspend its performance
or terminate its order confirmation for pending delivery
of Products unless Buyer makes such payment for
Products on a cash in advance basis or provides
adequate assurance of such payment for Products to
Seller.
https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for Chile %28English and Spanish Translation%29.pdf
In the event of Buyer’s breach
or failure to perform, Seller shall be entitled to (but
is not required to) recover from Buyer, in addition to
any other damages caused by such action: (i) in the
case of Products produced specifically for Buyer or
which reasonably cannot be resold by Seller to a
third party, the price of such Products as quoted in
Seller’s order confirmation; or (ii) in the case of
Products which can be resold by Seller, damages
equal to fifty percent (50%) of the price for the
Products as quoted in Order Confirmation, as
liquidated damages.
9.
Si (i) el Comprador incurre
en incumplimiento de sus obligaciones para con el
Buyer’s performance before the date of scheduled
delivery; or (ii) if Seller has reasonable doubts with
respect to Buyer’s performance of its obligations
and Buyer fails to provide to Seller adequate
assurance of Buyer’s performance before the date of
scheduled delivery and in any case within thirty (30)
days of Seller’s demand for such assurance; or (iii)
if Buyer becomes insolvent or unable to pay its debts
as they mature, or goes into liquidation or any
bankruptcy or reorganization proceeding shall be
instituted by or against Buyer or if a trustee or
receiver or administrator is appointed for all or a
substantial part of the assets of Buyer or if Buyer
makes any assignment for the benefit of its creditors;
or (iv) in case of non-compliance of Buyer with any
law, statute ordinance, regulation, code or standard
(“Laws and Standards”), then Seller may by notice
in writing to Buyer, without prejudice to any of its
other rights: (a) demand return and take repossession
of any delivered Products which have not been paid
for and all costs relating to the recovery of the
Products shall be for the account of Buyer; and/or
(b) to suspend its performance or terminate its Order
Confirmation, demanding return and taking
repossession of any delivered Products delivered
regarding said Order Confirmation and which have
not been paid for and all costs relating to the
recovery of the Products shall be for the account of
Buyer; and/or suspend or cancel pending delivery of
Products unless Buyer makes the corresponding
payments for related Products on a cash in advance
basis or provides adequate assurance of such
payment for Products to Seller.
https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for Guatemala %28English and Spanish Translation%29.pdf
Si
el Vendedor otorga un descuento, dicho descuento
solo se refiere a la entrega y/o cantidad de los
Seller’s order confirmation; or (ii) in the case of
Products which can be resold by Seller, damages
equal to fifty percent (50%) of the price for the
Products as quoted in Seller’s order
confirmation, as liquidated damages.
9.
If (i) Buyer is in
default of performance of its obligations towards
Seller and fails to provide adequate assurance of
Buyer’s performance before the date of
scheduled delivery; or (ii) if Seller has
reasonable doubts with respect to Buyer’s
performance of its obligations and Buyer fails to
provide to Seller adequate assurance of Buyer’s
performance before the date of scheduled
delivery and in any case within thirty (30) days
of Seller’s demand for such assurance; or (iii) if
Buyer becomes insolvent or unable to pay its
debts as they mature, or goes into liquidation or
any bankruptcy proceeding shall be instituted by
or against Buyer or if a trustee or receiver or
administrator is appointed for all or a substantial
part of the assets of Buyer or if Buyer makes any
assignment for the benefit of its creditors; or (iv)
in case of non-compliance of Buyer with any
law, statute ordinance, regulation, code or
standard (“Laws and Standards”), then Seller
may by notice in writing to Buyer, without
prejudice to any of its other rights: (a) demand
return and take repossession of any delivered
Products which have not been paid for and all
costs relating to the recovery of the Products
shall be for the account of Buyer; and/or (b)
suspend its performance or terminate its order
confirmation for pending delivery of Products
unless Buyer makes such payment for Products
on a cash in advance basis or provides adequate
assurance of such payment for Products to Seller.
https://www.avient.com/sites/default/files/2022-05/DOC 1879.pdf
Avon Lake, OH 44012
Colors, Additives & Inks
A leading provider of specialized custom color and additive
concentrates in solid and liquid form for thermoplastics,
dispersions for thermosets, as well as specialty inks, plastisol,
and vinyl slush molding solutions.
https://www.avient.com/sites/default/files/resources/8.31.19%2520Investor%2520Presentation.pdf
T H E N E W P O L Y O N E : A S P E C I A L T Y G R O W T H C O M P A N Y
S E R V I C E :
T H E T I M E L E S S
D I F F E R E N T I A T O R
PolyOne Corporation 31
T A L E N T D E V E L O P M E N T
PolyOne Corporation 32
Leadership Program Participants
2012
2013
2014
2015
47
0
86
2016
2018
125
169
315
Campus Hires
2008
2011
2014
2017
0
25
90
47
PolyOne LSS Blackbelts
2008
2011
2014
2018
0
67
220
147
2018 141
A U N I Q U E C U S T O M E R E X P E R I E N C E
Industrial
Design
I Q D E S I G N L A B S
PolyOne Corporation 33
Material
& Color
Expertise
Manufacturing
Expertise
3
14
2014 2018
Industrial designers
$0
$10M
2014 2018
$4M
$80M
2014 2018
Opportunity funnel New business revenue
L S S C U S T O M E R F I R S T
PolyOne Corporation 34
Customer Projects
2014 2018
2 104
3 D P R I N T I N G
B R I N G I N G N E W I D E A S T O L I F E
PolyOne Corporation 35
PolyOne Corporation 36
M O N T H M O N T H
M O N T H M O N T H
M O N T H M O N T H
99.9%
up to 24 weeks
6 hours
C O L O R M A T R I X S E L E C T ™
I N N O V A T I N G W I T H P O L Y O N E
PolyOne Corporation 37
S E G M E N T H I G H L I G H T S
C O L O R , A D D I T I V E S & I N K S
E N D M A R K E T S & S O L U T I O N S
PolyOne Corporation 38
Solid
Colorants
Performance
Additives
Screen
Printing Inks
Liquid
Colorants
Packaging
28%
Industrial
14%
Textiles
13%
Wire & Cable
11%
Building & Construction
10%
Transportation
8%
Consumer
8%
Healthcare
5%
Appliances
2%
Electrical &
Electronic 1%
Operating Income & MarginRevenue by Region
C O L O R , A D D I T I V E S & I N K S
2 0 1 8 R E V E N U E | O V E R $ 1 B I L L I O N
$4
$25
$104
$159
0.9%
5.5%
12.2%
15.1%
2005 2009 2013 2018
PolyOne Corporation 39
Europe
35%
United
States
45%
Asia
14%
Canada
1%
Mexico
3%
South
America
2%
S P E C I A L T Y E N G I N E E R E D M A T E R I A L S
E N D M A R K E T S & S O L U T I O N S
PolyOne Corporation 40
Engineered
Formulations
Advanced
Composites
Thermoplastic
Elastomers
Consumer
21%
Transportation
18%
Wire & Cable
13%Healthcare
9%
Industrial
9%
Packaging
7%
Appliance
3%
Building &
Construction 4%
Electrical &
Electronics
16%
S P E C I A L T Y E N G I N E E R E D M A T E R I A L S
Revenue by Region Operating Income & Margin
2 0 1 8 R E V E N U E | $ 6 4 6 M I L L I O N
PolyOne Corporation 41
$21
$57
$72
0.1%
5.1%
9.3%
11.2%
2005 2009 2013 2018
Europe
28%
United
States
46%
Asia
24%
Canada
2%
P E R F O R M A N C E P R O D U C T S & S O L U T I O N S
E N D M A R K E T S & S O L U T I O N S
PolyOne Corporation 42
Specialty Vinyl
Solutions
Healthcare
Formulations
Smart Device
Materials
Flame Retardant
Polymers
Building &
Construction
28%
Industrial
18%
Transportation
17%
Wire & Cable
16%
Consumer
7%
Appliance
6%
Packaging
4%
Electrical &
Electronics
4%
Asia
2%
United
States
78%
Mexico
5%
Canada
15%
P E R F O R M A N C E P R O D U C T S & S O L U T I O N S
Operating Income & MarginRevenue by Region
2 0 1 8 R E V E N U E | $ 7 3 6 M I L L I O N
$40
$24
$56
$74
4.6%
3.6%
7.2%
10.0%
2005 2009 2013 2018
PolyOne Corporation 43
D I S T R I B U T I O N
E N D M A R K E T S & S U P P L I E R S
PolyOne Corporation 44
Healthcare
27%
Transportation
22%
Industrial
18%
Consumer
12%
Appliance
6%
Electrical &
Electronics
5%
Building &
Construction
5%
Packaging
3%
Wire & Cable
2%
$20
$25
$63
$71
2.9%
4.0%
5.9%
5.6%
2005 2009 2013 2018
Operating Income & Margin2018 Revenue | $1.3 Billion
http://www.polyone.com/Pages/VariationRoot.aspx
O V E R V I E W O F R A W M A T E R I A L P U R C H A S E S
PolyOne Corporation 45
T A R G E T E N D M A R K E T S &
A P P L I C A T I O N E X A M P L E S
PolyOne Corporation 46
Thermally Conductive
Technologies
Chemical Resistant
Technologies
Polymer Colorants
Elastomeric Grips and
Handles
Structural Composites
Antimicrobial Technologies
Anti-Counterfeiting
Technologies
Target End Markets… Healthcare
Catheter Technologies
Under-hood Components
Target End Markets… Automotive
Interior Structural
Components
Sound & Vibration
Management
Roof Systems
Air Management
Electronics and Cameras
Lighting
Exterior / Interior Trim
Braces & Brackets
Fasteners
Seals & Flaps
Target End Markets… Consumer
Thermally Conductive
Components
Polymer Colorants
Elastomeric Grips and
Handles
Structural Composite
Components
Oxygen Scavenger
Technologies
Laser Marking Additives
Antistatic Technologies
UV Light Barrier Technologies
Cap & Closure Colorants
Process Optimization
Technologies
Antioxidant Technologies
Density Modified
Technologies
Target End Markets… Packaging
Luxury Packaging
GravitechTM Density Modified Polymers
Optimize Color Usage
OnColorTM Super Concentrates
Combat Bacteria Formation
WithStandTM Antimicrobial Technology
Medical Device Housings
Chemically Resistant Engineered Polymers
Color & Design Services
Outdoor Applications
Fiber Colorants
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(Dollars in millions, except per share data)
Senior management uses comparisons of adjusted net income from continuing operations attributable to PolyOne shareholders and diluted adjusted earnings per share (EPS)
from continuing operations attributable to PolyOne shareholders, excluding special items, to assess performance and facilitate comparability of results.
https://www.avient.com/sites/default/files/resources/PolyOne%2520Investor%2520Presentation%2520Longbow%2520Basic%2520Materials%2520Conference%2520-%2520March%25202016.pdf
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to:
Our ability to realize anticipated savings and operational benefits from the realignment of assets, including the closure of manufacturing facilities;
The timing of closings and shifts of production to new facilities related to asset realignments and any unforeseen loss of customers and/or disruptions of
service or quality caused by such closings and/or production shifts;
Separation and severance amounts that differ from original estimates;
Amounts for non-cash charges related to asset write-offs and accelerated depreciation realignments of property, plant and equipment, that differ from
original estimates;
Our ability to identify and evaluate acquisition targets and consummate acquisitions;
The ability to successfully integrate acquired companies into our operations, retain the management teams of acquired companies, retain relationships
with customers of acquired companies, and achieve the expected results of such acquisitions, including whether such businesses will be accretive to our
earnings;
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 and laws and regulations regarding the disposal of plastic in jurisdictions 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 and employee productivity goals;
An inability to raise or sustain prices for products or services;
An inability to maintain appropriate relations with unions and employees;
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
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520-%2520RW%2520Baird%25202015%2520Industrial%2520Conference%2520-%2520November%25202015.pdf
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