https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520-%2520Credit%2520Suisse%2520-%2520June%25202015.pdf
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.
Appendix
Q1 2015 Financial Highlights
At a Glance�Global Color, Additives and Inks
At a Glance�Global Specialty Engineered Materials
At a Glance�Designed Structures and Solutions
At a Glance�Performance Products and Solutions
At a Glance�Distribution
Plastics: Key to Future Sustainable Development
Commitment to Operational Excellence
Application Examples
Slide Number 28
Authentication Technology
2015 Range Rover Evoque Interior
Slide Number 31
Metal Replacement Solutions
Next Generation Solar Charger
High-Barrier Packaging Containers
Aerospace Applications
Credit Suisse - June 25 2015 r2
Credit Suisse - June 25 2015
https://www.avient.com/sites/default/files/resources/Gabelli%2520Conf%2520-%2520POL%2520IR%2520Presentation%2520wNon%2520GAAP%2520Reconciliation%252003%252026%252015.pdf
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
Addressable market exceeds $40 billion
PolyOne Corporation Page 17
Appendix
PolyOne Corporation Page 18
+25%
$262
$320
$200
$275
$350
2013 2014
Adjusted Operating Income
(in millions)
+22%
2014 Financial Highlights
All of our segments delivered both
operating income and margin
expansion during the year
Our specialty businesses
achieved record levels of profits
and profitability this year
Achieved 21st consecutive
quarter, or over five years, of
strong, double-digit adjusted EPS
growth
+37%
$1.31
$1.80
$1.00
$1.50
$2.00
2013 2014
Adjusted EPS
$195
$242
$150
$200
$250
2013 2014
Specialty Operating Income
(in millions)
PolyOne Corporation Page 19
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% 12-16%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
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%
Target
United States
44%
Europe
36%
Canada
2%
Asia
12%
Latin America
6%
PolyOne Corporation Page 20
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%
12-16%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Operating Income % of Sales
Target
12.1%
United States
44%
Europe
33%
Canada
2%
Asia
19%
Latin America
2%
PolyOne Corporation Page 21
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%
8-10%
2012 2013 2014 2015
Operating Income % of Sales
Target
PolyOne Corporation Page 22
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%
2006 2007 2008 2009 2010 2011 2012 2013 2014
Operating Income % of Sales
At a Glance
Performance Products and Solutions
Solutions
Expanding Profits
2014 Revenues: $0.8 Billion
9-12%
Target
2014 Revenue by Industry Segment
2015
7.7%
United States
80%
Canada
14%
Asia
2%
Latin America
4%
PolyOne Corporation Page 23
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%
6 - 7.5%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Operating Income % of Sales
15%
52%
2006 2014
At a Glance
Distribution
*ROIC is defined as TTM adjusted OI divided by the sum of average
debt and equity over a 5 quarter period
Key Suppliers 2014 Revenues: $1.1 Billion
ROIC* Expanding Profits
6.1%
Target
http://www.polyone.com/Pages/VariationRoot.aspx
PolyOne Corporation Page 24
2 lbs Plastic
=
3 lbs aluminum
or
8 lbs steel
or
27 lbs glass
33% less material by weight
than aluminum
75% less material by weight
than steel
93% less material by weight
than glass
Requires 91% less energy to
recycle a pound of plastic versus
a pound of paper
Source: SPI: Sustainability and the Plastics Industry
Plastics: Key to Future Sustainable Development
PolyOne Corporation Page 25
Commitment to Operational Excellence
81%
93%
2006 2014
16.2%
9.9%
2006 2014
On-Time Delivery
Working Capital % of Sales
5%
43%
2006 2014
Percent of Associates Trained in LSS
Four consecutive years – CFO Magazine
Best Working Capital Management in the
chemical industry
World’s Best Business
Process Excellence
Program in 2012*
103 trained Black Belts
247 trained Green Belts
127 trained Kaizen Leaders
World’s Best Start-up
Program for Lean Six Sigma
Deployment in 2009*
*Both awards received from International Quality and Productivity Center
PolyOne Corporation Page 26
Prototype Frame
Opportunity
Scale-up &
Test Market
Build
Business Case
Commercial
Launch
Phase
1
Phase
2
Phase
3
Phase
4
Phase
5
4
11
5
10
6
9
3 4 2
15
9
1
10
4
Breakthrough
Platform
Derivative
A Rich Pipeline of Opportunity
Number of Projects 25 14 19 17 18 93
Addressable Market
($ millions)
TBD TBD $800 $450 $450 $1,700
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 Fast 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
4% 4%
8%
9% 9%
10%
11%
14%
Western
Europe
North
America
South
America
MEA Easter
Europe
Asia
Pacific
China India
PET 2008-13P CAGR
PET Bottling Technology
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
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.
Appendix
2014 Financial Highlights
At a Glance�Global Color, Additives and Inks
At a Glance�Global Specialty Engineered Materials
At a Glance�Designed Structures and Solutions
At a Glance�Performance Products and Solutions
At a Glance�Distribution
Plastics: Key to Future Sustainable Development
Commitment to Operational Excellence
A Rich Pipeline of Opportunity
Application Examples
Slide Number 28
Authentication Technology
Range Rover Evoque Interior
Slide Number 31
Metal Replacement Solutions
Next Generation Solar Charger
High-Barrier Packaging Containers
Aerospace Applications
Non-GAAP Reconciliation
Sidoti & Company non-GAAP Rec
https://www.avient.com/sites/default/files/2021-04/avnt-fourth-quarter-2020-news-release.pdf
For the year,
SEM grew operating income 13%, as demand for our composites technologies continues to
strengthen,” said Robert M.
Examples include:
• Barrier technologies that preserve the shelf-life and quality of food, beverages, medicine
and other perishable goods through high-performance materials that require less plastic
• Light-weighting solutions that replace heavier traditional materials like metal, glass and
wood, which can improve fuel efficiency in all modes of transportation
• Breakthrough technologies that minimize wastewater and improve the recyclability of
materials and packaging across a spectrum of end uses
Avient employs approximately 8,400 associates and is certified ACC Responsible Care®, a
founding member of the Alliance to End Plastic Waste and certified Great Place to Work®.
https://www.avient.com/sites/default/files/resources/PolyOne%25202015%2520Annual%2520Report.pdf
Research and Development
We have substantial technology and development capabilities.
President, Process Technology
Division, Alfa Laval Inc.
Specialization differentiates us through products, services, technology, and solutions that add value.
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520-%2520Seaport%2520Global%2520Transports%2520%2526%2520Industrials%2520Conference.pdf
sa=i&rct=j&q=&esrc=s&frm=1&source=images&cd=&cad=rja&uact=8&ved=0CAcQjRw&url=http://www.mullerquaker.com/products/greek100/greek100-peach-and-passion-fruit&ei=-acYVZq7EIqwyASDjYL4CA&bvm=bv.89381419,d.cWc&psig=AFQjCNGNCQY1_dCN2RPLzxtap_Pu0omTXQ&ust=1427765484498432
POLYONE CORPORATION 22
2016 Revenue: $0.7 Billion
At a Glance: Performance Products & Solutions
2016 Revenue by Industry Expanding Profits
5.5%
6.9%
3.8%
3.6%
5.5%
4.3%
6.3%
7.2% 7.7%
8.3%
12-14%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2020
Operating Income % of Sales
Platinum
Vision
11.1%
B & C
30%
Transportation
18%
W & C
16%
Industrial
16% Appliance
6%
Consumer
5%
Packaging
5%
E & E
3%
Healthcare
1%
United
States
78%
Canada
16%
Latin
America
4%
Asia
2%
Key Applications
POLYONE CORPORATION 23
2016 Revenue: $1.1 Billion
At a Glance: Distribution
Key Suppliers
ROIC Expanding Profits
2.6%
3.0%
3.5%
4.0%
4.6%
5.6%
6.4%
5.9% 6.1%
6.6%
6.5-7.5%
6.4%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2020
Operating Income % of Sales
Platinum
Vision
15%
51%
2006 2016
Transportation
24%
Healthcare
22%
Industrial
18%
Consumer
15% Appliance
6%
E & E
5%
B & C
4%
Packaging
4%
W & C
2%
http://www.polyone.com/Pages/VariationRoot.aspx
24 POLYONE CORPORATION
Application Examples
POLYONE CORPORATION 25
Luxury Packaging
with Gravitech Density Modified Polymers
Impart weight, sound and
metallic finish to caps and
closures for cosmetics and
spirits applications
Elevate quality and prestige
perceptions among high-end
consumers
Eliminate time and cost
associated with secondary
operations and assembly
POLYONE CORPORATION 26
Eliminate costs by increasing
pigment density
Enhance color performance
without altering form and
formulation
Increase design capabilities by
reducing weight and layer
thickness
Optimize Color Usage
with OnColor Super Concentrates
POLYONE CORPORATION 27
Inhibit microbial growth on
polymer surface
Enhance value or products
and devices
Highly versatile concentrate
with the ability to be
incorporated into a wide
variety of products
Combat Bacteria Formation
with WithStand Antimicrobial Technology
POLYONE CORPORATION 28
Medical Device Housings
with Chemically Resistant Engineered Polymers
Durable, long-lasting
products stand up to the
most aggressive disinfectants
Minimize environmental
stress cracking and
discoloration
One of the broadest
medically approved polymer
and colorant portfolios
POLYONE CORPORATION 29
Color & Design Services
Greater control of color development
and supply chain
Work across entire design process
from concept to commercialization
Inspire creativity in the use of
polymer materials, colors
and effects
Innovative brand differentiation
Faster development timelines
POLYONE CORPORATION 30
Outdoor Applications
Leading provider of high performance
specialty materials for the recreational
and sports & leisure industry
Well positioned across all segments to
address market needs
Metal to Polymer Conversion
Lightweighting
Thermal Management
Impact Performance
Source: Outdoor Industry Association
POLYONE CORPORATION 31
Fiber Colorants
Solutions for clothing, apparel, footwear, automotive & sporting goods
ColorMatrix Fiber Colorant Solutions
Proprietary advanced liquid color
formulations and equipment enable
greater efficiency and productivity
Eliminates aqueous dyeing and its
associated wastewater treatment
Solid Color Concentrates
Extrusion-spun fibers colored via
solid masterbatch
POLYONE CORPORATION 32
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
sensory properties
1
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(Dollars in millions, except per share data)
Senior management uses comparisons of adjusted net income attributable to PolyOne common shareholders, adjusted earnings per share (EPS) attributable to PolyOne common
shareholders and operating income before special items to assess performance and allocate resources because senior management believes that these measures are useful in
understanding current profitability levels and that current levels may serve as a base for future performance.
Segment Highlights
At a Glance: Color, Additives & Inks
At a Glance: Specialty Engineered Materials
At a Glance: Designed Structures & Solutions
At a Glance: Performance Products & Solutions
At a Glance: Distribution
Application Examples
Luxury Packaging�with Gravitech Density Modified Polymers
Optimize Color Usage�with OnColor Super Concentrates
Combat Bacteria Formation�with WithStand Antimicrobial Technology
Medical Device Housings�with Chemically Resistant Engineered Polymers
Color & Design Services
Outdoor Applications
Fiber Colorants�Solutions for clothing, apparel, footwear, automotive & sporting goods
High-Barrier Packaging Containers
Investor Presentation - January 2017 r14
Investor Presentation - January 2017
https://www.avient.com/sites/default/files/2022-11/Smarter Materials High Performance Thermoplastics.pdf
In addition,
these technologies can exceed the core benefits of commodity resins
and engineering thermoplastics by providing greater design freedom,
ease of colorability, and efficient processing.
And it’s no secret that they’re on an upward trajectory…
Higher, Stronger,
Tougher
INTRODUCTION
SMARTER MATERIALS
High-Performance Thermoplastics
Today’s technology and regulatory trends are driving greater demand for high-
performance thermoplastics across many global industries.
https://www.avient.com/sites/default/files/2024-09/Colorant Chromatics Brochure_2024.pdf
A COMPLETE
PRODUCT PORTFOLIO
A full range of Colorant Chromatics technologies includes:
• Color and/or additive concentrates
• Specialty compounds including conductive,
carbon fiber, CNT, filled, glass, carbon, minerals
• Additive concentrates including specialty compounds
such as UV, acid scavengers, lubricants/mold release,
and foaming agents
• Pigment dispersions
• Inks and additives for processors of high-
performance plastics and fluoropolymers
HIGH-
TEMPERATURE
SOLUTIONS/
INJECTION
MOLDING
Minimum order quantities for color concentrates
and compounds for high-performance polymers
are as low as 10 lbs. (5kg), enabling you to manage
inventory better and order only what you need.
FP compounds for: PFA, FEP, ECA, ETFE, ECTFE, PTFE,
and PVDF
HTP compounds for: PEI, PES, PSU, PPSU, PPS, LCP,
PEEK, PAEK, and PEKEKK
Colorant Chromatics specialty compounds offer
property enhancements such as:
• Mechanical strength
• Static dissipation
• X-ray opacity
• Electrical performance
• Low dielectric performance
• Mold release
• Laser marking
• Transcend™ Premier Healthcare Colorants
(biocompatible)
ADDITIVE
CONCENTRATE
FORMULATIONS
Colorant Chromatics additive solutions
can provide your solutions with additional
functionality such as:
• Improved lubricity
• Lightweighting through foaming, by both
physical and chemical foaming
• Heat reduction through SiteCool™
infra-red absorption technologies for
roofing applications
• Laser marking solutions or other
added value properties
NON-PFAS MOLD RELEASE ADDITIVES
Colorant Chromatics™ Evoluscend™ is a non-PFAS*
high-temperature polymer mold release additive
developed to boost production efficiency and
product quality for manufacturers.
https://www.avient.com/sites/default/files/2025-04/Corporate Governance Guidelines. March 2025 - Final and Approved version.pdf
In general, nominees are selected
on the basis of the following criteria, among others: business or professional experience;
knowledge and skill in certain specialty areas such as accounting and finance,
international markets, physical sciences and technology, or the specialty materials
industry; personal characteristics such as ethical standards, integrity, judgment,
leadership, and the ability to devote sufficient time to the affairs of the Company;
substantial accomplishment with demonstrated leadership capabilities; freedom from
outside interests that conflict with the Company’s best interests; the unique backgrounds
and experience they will bring to the Board, including differences in viewpoint,
background and skill; and the needs of the Company from time to time.
The Board administers its risk oversight function directly and through its committees.
8
The Board has delegated specific risk oversight responsibility to the committees of the
Board as follows: (i) the Audit Committee oversees risks related to the Company’s
financial statements, financial reporting processes, internal controls, information
technology, and cybersecurity; (ii) the Compensation Committee oversees risks related to
the Company’s compensation programs; (iii) the Governance and Corporate
Responsibility Committee oversees risks related to the Company’s programs, policies,
and practices related to certain sustainability and governance matters, including a review
of reports on corporate responsibility and/or sustainability published by the Company;
and (iv) the Environmental, Health and Safety Committee oversees risks related to safety,
health, physical security, environmental, and product stewardship matters.
https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520-%2520Investor%2520Day%25205-18-15.pdf
Van Hulle
President, Global Color, Additives & Inks
PolyOne Corporation Page 16
Appliances
2%
Building &
Construction
12%
Consumer
7%
Electrical &
Electronics
1%
Healthcare
6%
Industrial
14%
Packaging
31% Textiles
7%
Transportation
8%
Wire & Cable
12%
2014 Revenue by
Industry Segment
2014 Revenues:
$0.9 Billion
At a Glance
Global Color, Additives & Inks
United States
44%
Europe
36%
Canada
2%
Asia
12%
Latin America
6%
PolyOne Corporation Page 17
A Case Study for Transformational Success
1.7%
4.6% 5.1%
5.5%
7.2%
8.1%
9.7%
12.2%
14.7%
2006 2007 2008 2009 2010 2011 2012 2013 2014
Operating Margin
$9
$26 $28 $25
$43
$50
$75
$104
$125
2006 2007 2008 2009 2010 2011 2012 2013 2014
Operating Income ($M)
• Cultural mindset shift
from volume to value
• Customer centric focus
and training
• Differentiation with
innovation and service
• Acquisitions expand
portfolio of technology
Global Color, Additives & Inks
PolyOne Corporation Page 18
395
262
2006 2014
From Volume…
(lbs in millions)
-34%
$94
$293
2006 2014
To Value
Gross Margin
($ in millions)
+210%
Global Color, Additives & Inks
PolyOne Corporation Page 19
Accelerating Growth
Global Color, Additives & Inks
Innovation
Market Growth/
Megatrends
Geographic
Expansion
Collaboration
PolyOne Corporation Page 20
Who We Are Growing With
Global Color, Additives & Inks
PolyOne Corporation Page 21
Innovation Pipeline Potential
Global Color, Additives & Inks
Addressable Market
($ millions)
$300 $500 $400
Prototype Frame
Opportunity
Scale-up & Test
Market
Build
Business Case
Commercial
Launch
Phase 1 Phase 2 Phase 3 Phase 4 Phase 5
3
3
5
0
1
8
3 1 1
5
1
1
1
1
0
Breakthrough
Platform
Derivative
PolyOne Corporation Page 22
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 Color, Additives & Inks
PolyOne Corporation Page 23
$150M
Revenue
Potential
$500M
Revenue
Potential
Additive
Technologies
InVisiOSM Color &
Design Services
Key Initiatives
Global Color, Additives & Inks
PolyOne Corporation Page 24
Innovation Market Growth /
Megatrends
Geographic
Expansion
Collaboration
Platinum Vision
1.7%
7.2%
14.7%
20%+
2006 2010 2014 2020
Platinum
Vision
World Class Operating Margin
Accelerating Growth
Global Color, Additives & Inks
PolyOne Corporation Page 25
Summary
• Global Capabilities
• Innovation Leader
• Collaboration – One PolyOne
Global Color, Additives & Inks
Color Matters
PolyOne Corporation Page 26
Global Specialty Engineered Materials
Craig M.
Nikrant
President, Global Specialty Engineered Materials
PolyOne Corporation Page 27
What We Do
Concept to
Design
Specialty
Formulations
Global Specialty Engineered Materials
PolyOne Corporation Page 28
Appliances
4% Building &
Construction
3%
Consumer
18%
Electrical &
Electronics
16%
Healthcare
12%
Industrial
8%
Packaging
5% Transportation
20%
Wire & Cable
12%
2014 Revenue by
Industry Segment
2014 Revenues:
$0.6 Billion
At a Glance
Global Specialty Engineered Materials
United States
44%
Europe
33%
Canada
2%
Asia
19%
Latin America
2%
PolyOne Corporation Page 29
A Case Study for Transformational Success
1.1% 1.3%
3.4%
5.1%
9.6%
8.0% 8.6%
9.3%
12.1%
2006 2007 2008 2009 2010 2011 2012 2013 2014
Operating Margin
$4 $5
$18
$21
$50
$46
$47
$57
$72
2006 2007 2008 2009 2010 2011 2012 2013 2014
Operating Income ($M)
Global Specialty Engineered Materials
• Globally harmonized
specialty strategy and
culture
• Value proposition and
customer centric selling
• Differentiation with
innovation and service
• Expand technology
portfolio with select
acquisitions
PolyOne Corporation Page 30
2006 2014
From Volume…
(lbs in millions)
269 286
+6%
$42
$163
2006 2014
To Value
Gross Margin
($ in millions)
+292%
Global Specialty Engineered Materials
PolyOne Corporation Page 31
Accelerating Growth
Innovation
Market Growth
Geographic
Expansion
Collaboration
Global Specialty Engineered Materials
PolyOne Corporation Page 32
Who We Are Growing With
Global Specialty Engineered Materials
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url=http://de.wikipedia.org/wiki/Datei:Bayer-Logo.svg&rct=j&frm=1&q=&esrc=s&sa=U&ei=TfImVb6bAbeKsQTjp4DABA&ved=0CBYQ9QEwAA&sig2=Ci5ha-5qQAzO0chQpoDCLA&usg=AFQjCNHRuaPkX3dETrItqttgMxou7-a1Ow
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
http://www.google.com/url?
https://www.avient.com/sites/default/files/resources/PDI_Case_Study_-_Medical_Device_0.pdf
With a wealth of experience in polymer research
and technology, they are prepared to handle the most challenging problems.