https://www.avient.com/news/avient-highlights-its-broad-range-thermoplastic-composite-tapes-engineered-fibers-and-advanced-composite-materials-camx
September 3, 2024
Avient will feature its portfolio of advanced composite materials and engineered fiber solutions at CAMX 2024.
Avient is exhibiting at CAMX September 9-12, 2024, in Booth Q33 at the San Diego Convention Center.
https://www.avient.com/news/avient-introduces-durable-orange-nylon-colorants-high-voltage-electrical-vehicle-ev-connectors
April 23, 2024
Avient will highlight these colorants at its booth today for the start of Chinaplas 2024, the world’s leading plastics and rubber fair in Asia.
Avient will be exhibiting its broad portfolio of advanced technologies for the plastics industry, including its new OnColor durable orange nylon colorants for high-voltage EV connectors at Chinaplas 2024 from April 23-26, in Hall 8.2 Booth F31 at the National Exhibition and Convention Center of Hongqiao, Shanghai.
https://www.avient.com/news/avient-present-lightweighting-design-innovation-and-sustainable-additive-solutions-plastics-automotive-engineering-conference
June 12, 2024
Avient Corporation will highlight Hydrocerol™ Chemical Foaming Agents, which can be used to reduce weight in automotive applications such as door panels, at the Plastics in Automotive Engineering (PIAE) Conference 2024
MANNHEIM, Germany – June 12, 2024 – Avient Corporation, a premier provider of specialized and sustainable materials solutions and services, will present its latest technologies and innovations for transportation, including two presentations, next week at the Plastics in Automotive Engineering (PIAE) Conference from June 19 to 20, 2024.
https://www.avient.com/sites/default/files/resources/Novel_Thermoplastic_Elastomers_with_Universal_Bonding_Characteristics.pdf
Rheology
The viscosities of both TPE-1 and TPE-2 at different shear rates were measured using a capillary rheometer
at 200oC by a method prescribed in ASTM D3835.
Jiren Gu and Krishna Venkataswamy, “Block Copolymer Compositions for Overmolding any TPE, US
patent filed, March 2004.
3.
Capillary viscosity of TPE-1 and -2 at 200°C
1.E+00
1.E+01
1.E+02
1.E+03
1.0E+01 1.0E+02 1.0E+03 1.0E+04 1.0E+05
Shear rate (1/sec)
Vi
sc
os
ity
(P
a*
se
c)
TPE-1A
TPE-1B
TPE-2A
TPE-2B
200C
Figure 4.
https://www.avient.com/news/new-rutland-evolve-bio-plastisol-inks-avient-feature-over-50-bio-derived-content-sustainable-screen-printing
June 3, 2024
New Rutland™ Evolve™ Bio Plastisol™ Inks from Avient, containing 56-59% bio-derived content, are available from Rutland distributors beginning June 3, 2024.
KENNESAW, Georgia – June 3, 2024 – Avient Corporation, a premier provider of specialized and sustainable materials solutions and services, is pleased to announce the launch of Rutland™ Evolve™ Bio Plastisol™ Inks for the screen printing industry.
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520-%2520Goldman%2520Basic%2520Materials%2520Conference.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 strength and timing of economic recoveries;
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;
Information systems failures and cyber attacks;
An inability to maintain appropriate relations with unions and employees;
Our ability to continue to pay regular cash dividends and the amounts and timing of any future 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.
A reconciliation of each non-GAAP financial measure with the most directly
comparable GAAP financial measure is attached to this presentation which is posted
on our website at www.polyone.com.
4 POLYONE CORPORATION
What We Do
Value
Formulation
Expertise Inputs
Base resins
Additives
Modifiers
Pigments
Expertise in
Polymer
Materials,
Services and
Solutions
OEMs
Brand Owners
Processers
Assemblers
Driving customer value with specialty products & services
Service
InVisiOSM Color
Services
IQ Design Labs
LSS Customer
First
POLYONE CORPORATION 5
2016 Revenue ($3.3 Billion) by Segment
At a Glance
United
States
65%
Canada
8%
Europe
12%
Asia
8%
Latin
America
7%
$0.13
$0.68
$0.82
$1.00
$1.31
$1.80
$1.96
$2.13
2009 2010 2011 2012 2013 2014 2015 2016
2016 Revenue by Geography
2016 Revenue by End Market
Appliance
5%
Building &
Construction
11%
Industrial
15%
Electrical &
Electronics
5%
Consumer
11%
Healthcare
11% Packaging
12%
Textiles
2%
Transportation
19%
Wire &
Cable
9%
Adjusted Earnings Per Share
Performance
Products &
Solutions
19%
PolyOne
Distribution
31%
Designed
Structures
& Solutions
11% Specialty
Engineered
Materials
16%
Color
Additives
and Inks
23%
6 POLYONE CORPORATION
2%
43%
80%
0%
20%
40%
60%
80%
100%
2005 2010 1Q 2017
%
o
f O
pe
ra
tin
g
In
co
m
e*
*Operating Income excludes corporate charges and special items **LTM 1Q 2017
Specialty OI $5M $87M $274M**
Mix Shift Highlights Specialty Transformation
JV’s Performance Products & Solutions
Specialty Mix Distribution
7 POLYONE CORPORATION
2006 1Q 2017 2020
“Where we were” “Where we are” Platinum Vision
Operating Income % of Sales
Color, Additives & Inks 1.7% 16.6% 20%+
Specialty Engineered Materials 1.1% 14.8% 20%+
Performance Products & Solutions 5.5% 12.0% 12 – 14%
Distribution 2.6% 6.5% 6.5 – 7.5%
Designed Structures & Solutions N/A -3.2% 8 – 10%
ROIC* 5.0% 12.6% 15%
Proof of Performance & 2020 Platinum Vision
*ROIC is defined as TTM adjusted OI after tax divided by the sum of average debt and equity less cash over a 5 quarter period
Consistently Deliver Double Digit Annual EPS Growth
8 POLYONE CORPORATION
Returning Cash to Shareholders
$0.16
$0.20
$0.24
$0.32
$0.40
$0.48
$0.54
$0.10
$0.20
$0.30
$0.40
$0.50
$0.60
2011 2012 2013 2014 2015 2016 2017
Annual Dividend*
Since 2011, we have returned nearly $900 million to shareholders
$167 million returned through dividends
$731 million returned through share repurchases
*Initiated in 2011
$0
$150
$300
$450
$600
$750
2011 2012 2013 2014 2015 2016 1Q
2017
Cumulative Share Repurchases
(in millions)
$731M
9 POLYONE CORPORATION
Free Cash Flow and Strong Balance Sheet
Fund Investment / Shareholder Return
Expanding our sales,
marketing, and
technical capabilities
Investing in operational
and LSS initiatives
~60 - 70% of capital
expenditures fund
growth initiatives Organic
Growth
Acquisitions
Share
Repurchases
Dividends Targets that expand
our:
• Specialty offerings
• End market
presence
• Geographic breadth
Growth synergies
Adjacent material
solutions
Repurchased 1.0
million shares in Q1
2017
Repurchased 19.8
million shares since
early 2013
7.5 million shares are
available for
repurchase under the
current authorization
Increased annual
dividend by 12.5% to
$0.54 per share,
representing the sixth
consecutive year of
dividend growth
POLYONE CORPORATION 10
2,883
2,538
2006 2016
Volume
(lbs in millions)
-12%
$103
$200
2006 2016
Commercial, R&D
and Marketing
Spending ($M)
+95%
$88
$317
2006 2016
Adjusted
Operating Profit ($M)
+263%
Ours is Not a Cost Cutting Story
11 POLYONE CORPORATION
Primary Industries Served
2016 Revenue: $3.3 Billion
Appliance
5%
Electrical &
Electronic
5%
Building &
Construction
11%
Industrial
15%
Wire & Cable
9%
Healthcare
11%
Consumer
11%
Packaging
12%
Transportation
19%
Focus End Markets
12 POLYONE CORPORATION
Innovation Drives Earnings Growth
*Specialty Platform revenue from products introduced in last five years
$20
$54
2006 2016
Research & Development
Spending
($ millions)
Specialty Platform
Vitality Index Progression*
14%
33%
2006 2016
CAI & SEM
Gross Margin
12%
42%
2006 2016
Target ≥ 35%
Innovation Pipeline Potential
POLYONE CORPORATION 13
The New PolyOne: A Specialty Growth Company
Why Invest In PolyOne?
IR Presentation - Q1 2017 Current
PolyOne Investor �Presentation�May 2017
Forward-Looking Statements
Use of Non-GAAP Measures
What We Do
At a Glance
Slide Number 6
Proof of Performance & 2020 Platinum Vision
Returning Cash to Shareholders
Free Cash Flow and Strong Balance Sheet �Fund Investment / Shareholder Return
Ours is Not a Cost Cutting Story
Primary Industries Served
Innovation Drives Earnings Growth
Why Invest In PolyOne?
https://www.avient.com/knowledge-base/article/medical-hose-manufacturer-boosts-productivity-specialized-material
In addition to its excellent colorability and high flow, the Versalloy solution possessed a lower specific gravity and resulted in lower scrap rates compared to the competitive TPV, providing the opportunity to reduce system costs.
These savings resulted from Versalloy’s lower specific gravity (0.88 compared to 0.95) and a 50% reduction in scrap rate.
https://www.avient.com/knowledge-base/article/medical-hose-manufacturer-boosts-productivity-specialized-material?rtype%5B0%5D=1124
In addition to its excellent colorability and high flow, the Versalloy solution possessed a lower specific gravity and resulted in lower scrap rates compared to the competitive TPV, providing the opportunity to reduce system costs.
These savings resulted from Versalloy’s lower specific gravity (0.88 compared to 0.95) and a 50% reduction in scrap rate.
https://www.avient.com/knowledge-base/article/medical-hose-manufacturer-boosts-productivity-specialized-material?ind%5B0%5D=6598
In addition to its excellent colorability and high flow, the Versalloy solution possessed a lower specific gravity and resulted in lower scrap rates compared to the competitive TPV, providing the opportunity to reduce system costs.
These savings resulted from Versalloy’s lower specific gravity (0.88 compared to 0.95) and a 50% reduction in scrap rate.
https://www.avient.com/sites/default/files/2024-01/ColorMatrix AAnchor Brochure_A4.pdf
GLOBAL REGULATORY
APPROVALS
ColorMatrix AAnchor is approved
for use in Europe, with regulatory
approval by FDA expected in 2024.
EU FDA MERCOSUR CHINA
Yes 2024 No No
ACETALDEHYDE
REDUCTION
Commercial case studies have
demonstrated that ColorMatrix AAnchor
effectively reduces acetaldehyde levels
in PET preforms, enhancing the ability
to meet customer specifications for
low acetaldehyde content.
ACETALDEHYDE REDUCTION –
COMMERCIAL CASE STUDY RESULTS
Copyright © 2024, Avient Corporation.