https://www.avient.com/sites/default/files/2020-10/edgetek-peek-product-selection-guide.pdf
EDGETEK™
POLYETHERETHERKETONE (PEEK)
HIGH PERFORMING MELT-PROCESSABLE POLYMER
PRODUCT SELECTION GUIDE
Edgetek™ Polyetheretherketone (PEEK)
HIGH PERFORMING MELT-PROCESSABLE POLYMER
PROPERTY CONDITIONS TEST METHOD UNITS EDGETEK
™
ET9800-0001 EM
EDGETEK™
ET9800-0002 RS
EDGETEK™
ET9800-0003 RS
EDGETEK™
ET9800-0004 RS EC
LUBRIONE™
LB9800-0001 AR
PHYSICAL
Mold Shrinkage -
Transverse
– ASTM D955 in/in 0.014 0.010 0.011 0.009 0.014
MECHANICAL
Tensile Strength -
Yield
– ASTM D638 PSI 14425 15640 23680 36500 19700
Tensile Elongation -
Yield
– ASTM D638 % 5.4 3.0 2.2 1.5 0.2
Tensile Elongation -
Break
– ASTM D638 % 19.5 3.1 2.2 1.5 1.9
Tensile Modulus – ASTM D638 PSI 555150 827700 1591300 5301000 2285600
Flexural Modulus – ASTM D790 PSI 529300 690700 1418300 3084300 1443400
Flexural Strength – ASTM D790 PSI 23500 27300 36000 52100 30300
IMPACT
Izod, Notched – ASTM D256 ft-lbs/in 1.0 0.7 1.1 1.3 0.6
Izod, Unnotched – ASTM D256 ft-lbs/in N.B. 13.1 15.3 13.8 5.0
THERMAL
Melting Point – – °C 343 343 343 343 343
Glass Transition (DSC) – – °C 143 143 143 143 143
Heat Deflection Temp 264 psi, Unannealed ASTM D648 °C 151 178 320 325 > 300
CLTE, Flow Direction 23°C to 140°C ASTM E831 cm/cm/°C 4.0E-05 5.5E-05 2.2E-05 7.0E-06 1.9E-05
CLTE, Flow Direction 140°C to 250°C ASTM E831 cm/cm/°C 9.7E-05 7.8E-05 2.3E-05 6.5E-06 2.2E-05
Polyetheretherketone (PEEK) is widely considered to be one of the highest performing melt-processable
polymers in the industry.
Avient’s specialty Edgetek™ PEEK formulations are capable of withstanding extreme
operating environments, and should be considered for use particularly where other engineered polymers
have failed.
Ideal for metal replacement, these formulations can deliver robust performance in harsh
environments without compromising physical integrity.
https://www.avient.com/sites/default/files/2022-10/5_PolyOne GMP Certificate%5B97%5D.pdf
Internal
:
Independent Opinion Statement
The opinion statement is Granted to
Polyone Polymers India Private Limited
Plot No.
Pune, Maharashtra - 412 220
India
Hold this Opinion Statement No. 770146 / 2022
The Organization has demonstrated that they have followed the Good Manufacturing
Practices with reference to IPEC -PQG-GMP requirements applicable to Excipients used in
pharma products for the following Business activity:
“Research and Development, Manufacture of Color additives, Concentrates and
Specialty Formulations for intended use in pharma and other industries”.
https://www.avient.com/knowledge-base/article/how-perfect-thermal-management-led-lighting-applications
Polymers can improve heat management, reduce weight, and expand design freedom
Recent advances in polymer technology make it possible to formulate thermally conductive plastics that manage heat just as effectively overall as their metal counterparts.
Replacing aluminum heat sinks with polymer ones can greatly reduce both the total cost and weight of a part.
https://www.avient.com/sites/default/files/resources/PolyOne%2520Investor%2520Presentation%2520Longbow%2520Basic%2520Materials%2520Conference%2520-%2520March%25202016.pdf
The non-GAAP financial measures
include: adjusted EPS, earnings before interest, tax, depreciation and amortization
(EBITDA), adjusted EBITDA, net debt, Specialty platform operating income, Specialty
platform gross margin percentage, adjusted operating income, return on invested
capital, net debt/ EBITDA, and the exclusion of corporate charges in certain
calculations
PolyOne Corporation Page 4
PolyOne Commodity to Specialty Transformation
• Volume driven,
commodity producer
• Heavily tied to
cyclical end markets
• Performance largely
dependent on non-
controlling joint
ventures
2000-2005 2006 - 2009 2010 – 2015 2016 and beyond
• Steve Newlin
appointed, Chairman,
President and CEO
• New leadership team
appointed
• Implementation of four
pillar strategy
• Focus on value based
selling, investment in
commercial resources
and innovation to drive
transformation
• Substantial EPS growth
from $0.13 to all-time
high of $1.96
• Shift to faster growing,
high margin, less
cyclical end markets
• Key acquisitions propel
current and future
growth, as well as
margin expansion
• Specialty mix expands
to 65% of Operating
Income – strongest mix
of earnings in history
• Deliver consistent
double digit annual
EPS growth
• Maintain >35% vitality
index
• Pursue strategic
acquisitions that
expand specialty
offerings and
geographic breadth
• Invest and grow
current and next
generation talent
PolyOne Corporation Page 5
25 Consecutive Quarters of EPS Growth
Note: 2009 has not been restated for subsequent changes in accounting principles or discontinued operations
-$0.10
$0.00
$0.10
$0.20
$0.30
$0.40
$0.50
$0.60
2009 2010 2011 2012 2013 2014 2015
Adjusted Earnings Per Share
-2%
0%
2%
4%
6%
8%
10%
12%
2009 2010 2011 2012 2013 2014 2015
Adjusted Consolidated Operating Margin
2.8%
5.2% 5.6%
6.7%
8.3%
6.9%
9.5%
PolyOne Corporation Page 6
2015 Revenues: $3.4 Billion
End Markets
2015 Revenues: $3.4 Billion
PolyOne
At A Glance
$0.12
$0.27 $0.21
$0.13
$0.68
$0.82
$1.00
$1.31
$1.80
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Adjusted EPS
United States
66%
Europe
13%
Canada
7%
Asia
7%
Latin America
7%
Appliances
4%
Building &
Construction
12%
Consumer
10%Electrical &
Electronics
5%
Healthcare
11%
Industrial
14%
Packaging
13%
Textiles
2%
Transportation
20%
Wire & Cable
9%
Distribution
29%
PP&S
20%
Specialty
51%
$1.96
PolyOne Corporation Page 7
Old
PolyOne
*Operating Income excludes corporate charges and special items
2%
43%
65%
0%
20%
40%
60%
80%
100%
2005 2010 2015 2020
%
o
f O
pe
ra
tin
g
In
co
m
e*
JV's Performance Products & Solutions Distribution Specialty
80%+
Specialty OI $5M $87M $229M
Mix Shift Highlights Specialty Transformation
Transformation
2020
Platinum
Vision
Platinum
Vision
PolyOne Corporation Page 8
Color and Engineered Materials at the
Heart of Specialty Transformation
OPERATING MARGIN
1.7%
4.6% 5.1%
5.5%
7.2%
8.1%
9.7%
12.2%
14.7%
16.7%
20%+
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2020
Platinum
Vision
COLOR, ADDITIVES
AND INKS
1.1% 1.3%
3.4%
5.1%
9.6%
8.0%
8.6%
9.3%
12.1%
14.7%
20%+
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2020
Platinum
Vision
SPECIALTY
ENGINEERED MATERIALS
PolyOne Corporation Page 9
2006 2015 2020
“Where we were” “Where we are” Platinum Vision
1) Operating Income %
Specialty:
Color, Additives & Inks 1.7% 16.7% 20%+
Specialty Engineered Materials 1.1% 14.7% 20%+
Designed Structures & Solutions 1.4% (2012) 3.0% 12 – 14%
Performance Products &
Solutions 5.5% 8.3% 10 – 12%
Distribution 2.6% 6.6% 6.5 – 7.5%
2) Specialty Platform % of
Operating Income 6.0% 65% 80%+
3) ROIC* 5.0% 11.8% 15%
4) Adjusted EPS Growth N/A
25 Consecutive
Quarters of YOY
EPS Growth
Double Digit
Expansion
Proof of Performance & 2020 Goals
*ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period
PolyOne Corporation Page 10
Therma-Tech™ & Sheet
GEON™ Vinyl
Polymer Colorants Therma-Tech™
TPE’s & Film
TPE + OnForce™
Gravi-Tech™
Page 10
Film
Target End Markets… Healthcare
PolyOne Corporation Page 11
TPE + OnForce
(SEM)
OnForce
(SEM)
Glasforms
(SEM)
TPE Vibration Dampening
(SEM/GLS)
TPE & Film
(SEM + DSS)
Glasforms
(SEM)
Polymer Colorants
(CAI)
Thermatech
(SEM)
Thermoplastic Elastomers
(SEM)
TPE + OnForce
(SEM)
OnForce
(SEM)
Thermoplastic Elastomers
(SEM)
Glasforms
(SEM)
Polymer Colorants
(CAI)
Sheet
(DSS)
Source: Outdoor Industry Association
Target End Markets… Outdoor High Performance
PolyOne Corporation Page 12
Sound & Vibration
Management
Fuel Handling
Systems
Interior & Exterior Trim
Structural Braces
& Brackets
Interior Structural
Components
Lighting
Air management
Electronics & Cameras
Fluid Handling
Target End Markets… Automotive
Underhood
Components
Roof Systems
PolyOne Corporation Page 13
Target End Markets… Packaging
PreservaPak™
OnColor™
Smart Batch™
VersaFlex™
TPE Cap Liner
ColorMatrix™
Amosorb™
Oxygen Scavenger
ColorMatrix™
Ultimate™ UV
Light Barrier
OnCap™
Laser Marking
Additives
PolyOne Corporation Page 14
Innovation Drives Earnings Growth
*Specialty Platform revenue from products introduced in last five years
$20
$53
2006 2015
Research & Development
Spending
($ millions)
Specialty Platform
Vitality Index Progression*
14%
28%
2006 2015
Specialty Platform
Gross Margin
12%
43%
2006 2015
Target ≥ 35%
Innovation Pipeline Potential
PolyOne Corporation Page 15
2,883
2,414
2006 2015
Volume
(lbs in millions)
-16%
$103
$192
2006 2015
Commercial, R&D
and Marketing
Spending ($M)
+86%
$303
$721
2006 2015
Adjusted
Gross Margin ($M)
+138%
Investing to Drive Growth
Ours Is Not a Cost Cutting Story
PolyOne Corporation Page 16
Design and Service as a Differentiator
Right Material &
Color
Desired
Product Design
Appropriate
Manufacturing Process
Delivering Concept to
Commercialization
Connecting
the Dots with
iQ Design Labs and
InVisiO Color Design
PolyOne Corporation Page 17
Customer First Through World-Class Service
Strengthening relationships through:
Providing LSS services to small/medium sized customers
Providing training in Customer Centric Selling Skills with customers
World’s Best Business
Process Excellence
Program in 2012*
World’s Best Start-up
program for Lean Six Sigma
Deployment in 2009*
81%
93%
2006 2015
16.2%
9.7%
2006 2015
On-Time Delivery
Working Capital % of Sales
52% of associates trained in LSS
Five consecutive years – CFO Magazine Best Working
Capital Management in the chemical industry
Commitment to Operational Excellence
PolyOne Corporation Page 18
60%
97%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2008 Q4 2015
Pension Funding**
As of December 31, 2015
Debt Maturities & Pension Funding
Net Debt / Adjusted EBITDA*= 2.1x
** includes US-qualified pension plans only *TTM 12/31/2015
$550
$600
$200
$300
$400
$500
$600
$700
$800
2022 2023
Debt Maturities
As of December 31, 2015
($ millions)
Coupon Rate: 3.750% 5.250%
PolyOne Corporation Page 19
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
$0.32
$0.40
$0.48
$0.10
$0.20
$0.30
$0.40
$0.50
2011 2012 2013 2014 2015 2016
Annual Dividend
Targets that expand
our:
• Specialty offerings
• End market
presence
• Geographic breadth
Synergy opportunities
Adjacent material
solutions
Repurchased nearly
1.0 million shares in
Q4 2015
Repurchased 15.8
million shares since
early 2013
4.2 million shares are
available for
repurchase under the
current authorization
$0.24
PolyOne Corporation Page 20
The New PolyOne: A Specialty Growth Company
Why Invest In PolyOne?
POL IR Presentation - February 2016 2.26.2016
��PolyOne Investor Presentation�March 2016��
Forward-Looking Statements
Use of Non-GAAP Measures
PolyOne Commodity to Specialty Transformation
25 Consecutive Quarters of EPS Growth
PolyOne�At A Glance
Mix Shift Highlights Specialty Transformation
Color and Engineered Materials at the�Heart of Specialty Transformation
Proof of Performance & 2020 Goals
Slide Number 10
Slide Number 11
Slide Number 12
Slide Number 13
Innovation Drives Earnings Growth
Investing to Drive Growth
Design and Service as a Differentiator
Customer First Through World-Class Service
Debt Maturities & Pension Funding
Free Cash Flow and Strong Balance Sheet �Fund Investment / Shareholder Return
Why Invest In PolyOne?
https://www.avient.com/products/thermoplastic-elastomers/resound-ultra-low-carbon-footprint-tpes
The eco-conscious polymers are available globally, with a PCF provided for each manufacturing location to more accurately support carbon neutrality efforts.
Explore sustainable, bio-polymer alternatives for overmolding applications
Eco-Conscious Formulations
https://www.avient.com/sites/default/files/2023-03/Therma-Tech Heat Sink for Auto Lights Case Study.pdf
CASE STUDY: THERMA-TECH™ THERMALLY CONDUCTIVE FORMULATIONS
Ch
all
en
ge
A
cc
ep
te
d.
Switching materials from a metal to a polymer carries
large and potentially costly risks in terms of both
performance and production, so Avient Design was
consulted to help alleviate these concerns.
Equipped with the necessary simulation
software and a broad database of Avient’s Specialty
Engineered Materials, Avient Design is able to evaluate a
part’s performance in a given Avient thermoplastic.
https://www.avient.com/sites/default/files/resources/AquaMix-_Fact_Sheet__72831-B_%25281%2529.pdf
P1PC-011AquamixFactSheet2.indd
Aquamix™ Dispersions & Emulsions
Fact Sheet
Ingredient Product % Activity
Using 40 years of customization and technical expertise, Aquamix dispersions and emulsions
from PolyOne® Chemists help latex formulators, adhesive manufacturers, specialty coatings
producers, and polymer manufacturers shorten development cycles, streamline operations, and
more effectively use resources.
Our Aquamix dispersions and emulsions are formulated and manufactured in our modern facility and laboratory
located in Massillon, Ohio.
Our Aquamix dispersions and emulsions are formulated and manufactured in our modern facility and laboratory
located in Massillon, Ohio.
https://www.avient.com/news/polyone-appoints-mark-crist-president-distribution-and-kurt-schuering-vice-president-global-key-account-management
PolyOne distributes a diverse portfolio of engineering and commodity grade polymers on behalf of its world-class suppliers in North America, Asia and Central America.
Crist spent 20 years with Nalco Chemical Company, serving in various sales, marketing and general manager roles focused on specialty markets in Europe and North America.
PolyOne Corporation, with 2013 revenues of $3.8 billion, is a premier provider of specialized polymer materials, services and solutions.
https://www.avient.com/investor-center/news/polyone-shareholders-approve-all-proposals-2016-annual-meeting-robert-m-patterson-becomes-chairman-board
and its many stakeholders over the last decade, transforming the portfolio and culture to create a specialty growth company.
Board and leadership team remain strong and committed, and I know there will be continued specialty transformation, innovation, growth and value creation well into the future."
is a premier provider of specialized polymer materials, services and solutions.
https://www.avient.com/products/polymer-colorants/solid-color-masterbatches/oncolor-senseaction-custom-colorants-caps
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OnColor™ SenseAction™ Custom Colorants for Caps
Masterbatch formulation based on dedicated raw material range
SENSEACTION organoleptic pre-tested masterbatches are formulated to reduce negative organoleptic influences.