https://www.avient.com/sites/default/files/2023-06/AVIENT_TPEs and LSR eBook.pdf
http://www.art.canaco.org
https://www.avient.com/sites/default/files/2020-11/gls-acqua-plose-case-study.pdf
1http://store.elsevier.com/Handbook-of-Polymer-Applications-in-Medicine-
and-Medical-Devices/isbn-9780323221696/
Tear Resistance
PERFORMANCE COMPARISON
In Handbook of Polymer Applications in Medicine and Medical
Devices,1 Laurence W.
https://en.wikipedia.org/wiki/UV_degradation
Biocompatibility
PERFORMANCE COMPARISON
LSR has a long-standing track record of use in the medical industry.
Medical-grade TPEs can rival LSR in biocompatibility performance, depending on their chemistry.
https://www.avient.com/sites/default/files/2024-11/Stan-Tone HC Plus Product Bulletin_0.pdf
These
USP-compliant colorants are available in liquid
silicone rubber (LSR) and high consistency silicone
rubber (HCR) forms and can be customized for
specific medical uses.
These high-quality silicone dispersions
excel in sterilization capabilities while maintaining
low toxicity, making them ideal for medical
applications.
KEY CHARACTERISTICS
• Meets USP Class VI standards
• Biocompatible
• Provides lightfastness, chemical resistance,
and heat stability
• Available in standard single pigment or custom
multi-pigment colors
• LSR and HCR options available
TARGET APPLICATIONS
Stan-Tone HC Plus silicone dispersions are suitable
for a variety of healthcare applications including:
• Catheters and medical tubing
• Medical and surgical equipment
• Labware and diagnostic devices
• Specialty medical devices and wearables
Product
Code
Pigment Type
% Pigment
(approx.)
https://www.avient.com/sites/default/files/2024-11/Stan-Tone HC Plus Product Bulletin.pdf
These
USP-compliant colorants are available in liquid
silicone rubber (LSR) and high consistency silicone
rubber (HCR) forms and can be customized for
specific medical uses.
These high-quality silicone dispersions
excel in sterilization capabilities while maintaining
low toxicity, making them ideal for medical
applications.
KEY CHARACTERISTICS
• Meets USP Class VI standards
• Biocompatible
• Provides lightfastness, chemical resistance,
and heat stability
• Available in standard single pigment or custom
multi-pigment colors
• LSR and HCR options available
TARGET APPLICATIONS
Stan-Tone HC Plus silicone dispersions are suitable
for a variety of healthcare applications including:
• Catheters and medical tubing
• Medical and surgical equipment
• Labware and diagnostic devices
• Specialty medical devices and wearables
Product
Code
Pigment Type
% Pigment
(approx.)
https://www.avient.com/sites/default/files/2024-09/Chemical Resistance Technical Bulletin %281%29.pdf
MEDICAL DEVICE DISINFECTION—HOW TO PREVENT
CRACKING AND CRAZING
Understanding polymer performance is key to minimizing
disinfectant-related failures
DISINFECTANT-RELATED DAMAGE
ON POLYMER HOUSINGS
Strong chemicals used to reduce hospital-
acquired infections can damage equipment
and result in material failures, such as:
• Stress cracking
• Crazing
• Discoloration
CHEMICAL RESISTANCE REQUIREMENTS
VARY BY ENVIRONMENT
• Patient/exam rooms
• Operating and radiology rooms
• Reception areas
• Home (patient equipment & devices)
Healthcare devices must perform flawlessly in a myriad of challenging environments and engineers must
be certain their devices can withstand increasingly potent disinfectants, which have begun to outstrip
the performance of traditional polymers.
Additionally, the wide variability of environments that medical
devices might see, which can range from home to hospital, mean devices must be able to withstand varying
disinfectant strengths, exposure levels and frequencies.
Whether you are designing for a medical device housing or a surgical device in the operating room, we offer
solutions to meet a wide variety of performance specifications and application needs.
https://www.avient.com/sites/default/files/resources/POL%2520Sidoti%2520IR%2520Presentation%2520w%2520Non%2520GAAP%25203%252018%25202014.pdf
Use of Non-GAAP Measures
Page 3
PolyOne Commodity to Specialty Transformation
Page 4
• Continue specialty
transformation
• Targeting $2.50
Adjusted EPS by
2015, nearly
double 2013 EPS
• Drive double digit
operating income
and adjusted EPS
growth
• 17 consecutive
quarters of double-
digit adjusted EPS
growth
• Shift to faster
growing, high
margin, less cyclical
end markets
• Key acquisitions
propel current and
future growth, as
well as margin
expansion
• Established
aggressive 2015
targets
• 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
• Volume driven,
commodity
producer
• Heavily tied to
cyclical end markets
• Performance largely
dependent on non-
controlling joint
ventures
2000-2005 2006 - 2009 2010 – 2013 2014 and beyond
-150.00%
-50.00%
50.00%
150.00%
250.00%
350.00%
PolyOne S&P 500 Russell 2000 Dow Jones Chemical
All time high of
$38.38
March 7th, 2014
• 17 consecutive quarters of
double digit EPS growth
• 49% CAGR adjusted EPS
expansion 2006-2013
• 2013 stock price increased
73% versus 30% growth in the
S&P
• More than seven fold increase in
market cap: $0.5b $3.6b
Strategy and Execution Drive Results
Page 5
Appliance
4%
Building &
Construction
13%
Wire & Cable
9%
Electrical &
Electronics
5%
Consumer
10%Packaging
16%
Industrial
12%
HealthCare
11%
Transportation
18%
Misc.
2%
United
States
66%
Europe
14%
Canada
7%
Asia
6%
Latin
America
7%
PP&S
20%
Specialty
53%
Distribution
27%
0.12
0.27 0.21
0.13
0.68
0.82
1.00
1.31
2.50
$0.00
$0.25
$0.50
$0.75
$1.00
$1.25
$1.50
$1.75
$2.00
$2.25
$2.50
2006 2007 2008 2009 2010 2011 2012 2013 2015
Target
A
dj
us
te
d
Ea
rn
in
gs
P
er
S
ha
re
2013 Revenues: $3.8 Billion
End Markets
2013 Revenues: $3.8 Billion
EPS
Page 6
PolyOne
At A Glance
Old
PolyOne Transformation
*Operating Income excludes corporate charges and special items
2%
34%
43%
62%
65-
75%
0%
20%
40%
60%
80%
100%
2005 2008 2010 2013 2015
%
o
f O
pe
ra
ti
ng
In
co
m
e*
JV's Performance Products & Solutions Distribution Specialty
Specialty OI $5M $46M $87M $195M Target
Mix Shift Highlights Specialty Transformation
2015
Target
Page 7
2006 2013 2015
“Where we were” “Where we are” Target
1) Operating Income %
Specialty:
Global Color, Additives & Inks 1.7% 12.2% 12 – 16%
Global Specialty Engineered
Materials 1.1% 9.3% 12 – 16%
Designed Structures & Solutions -- 5.6% 8 – 10%
Performance Products &
Solutions 5.4% 7.2% 9 – 12%
Distribution 2.6% 5.9% 6 – 7.5%
2) Specialty Platform % of
Operating Income 6.0% 62% 65 – 75%
3) ROIC* (after-tax) 5.0% 9.1% 15%
4) Adjusted EPS Growth N/A 31%
Double Digit
Expansion
Proof of Performance & 2015 Goals
*ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period
Page 8
Bridge To $2.50 Adjusted EPS By 2015
2015 EPS: $2.50
2013 EPS: $1.31
Mid single digit
revenue CAGR
Page 9
Mergers & Acquisitions
Spartech accretion
Incremental share buybacks
Ongoing LSS Programs
(50-100 bps/yr)
Accelerated Innovation &
Mix Improvement
Innovation Drives Earnings Growth
$20.3
$52.3
2006 2013
Research & Development
Spending
($ millions)
Specialty Platform
Vitality Index Progression*
*Percentage of Specialty Platform revenue from products introduced in last five years
Page 10
14.3%
30.7%
2006 2013
Specialty Platform
Gross Margin %
19.5%
43.0%
2006 2013
Healthcare
Consumer
Packaging and Additive Technology
Transportation
Page 11
Unique and Innovative Solutions that Help
Customers Win
https://www.dropbox.com/sh/dwe4t8aacvhb8ui/uD3p_bdglP/Presentation revise pics/GLS Beverage can closure XO 2.jpg
https://www.dropbox.com/sh/dwe4t8aacvhb8ui/-YgkycKypw/Anti-Counterfeiting release & images/GN1979.JPG
Net Debt / EBITDA* = 1.8x
$48
$317
$600
$0
$100
$200
$300
$400
$500
$600
$700
$800
2015 2020 2023
Significant Debt Maturities
As of December 31, 2013
($ millions)
Page 12
Coupon Rates: 7.500% 7.375% 5.250%
Debt Maturities & Pension Funding – 12/31/13
*TTM 12/31/2013 ** includes US-qualified plans only
60%
100%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2008 2013
Pension Funding**
As of December 31, 2013
Free Cash Flow and Strong Balance Sheet Fund Investment
• Targets that expand our:
• Specialty offerings
• End market presence
• Geographic footprint
• Operating Margin
• Synergy opportunities
• Adjacent material solutions
• Expanding our sales,
marketing, and technical
capabilities
• Investing in operational and
LSS initiatives (including
synergy capture)
• Manufacturing alignment Organic
Growth
Share
Repurchases
Dividends
Acquisitions
Page 13
$0.16
$0.20
$0.24
$0.32
$0.00
$0.10
$0.20
$0.30
$0.40
2011 2012 2013 2014
Annual Dividend
• Repurchased ~5 million
shares in 2013
• 15 million shares
are available for
repurchase under
the current
authorization
The New PolyOne: A Specialty Growth Company
2015 Target: $2.50 Adjusted EPS
Why Invest In PolyOne?
https://www.avient.com/sites/default/files/resources/NOVEL_THERMOPLASTIC_ELASTOMERS_FOR_UNIVERSAL_OVERMOLDING_ON_DISSIMILAR_THERMOPLASTICS.pdf
The barrel temperature of the
injection molding machine was set from 180°C to 220°C (360°F to 430°F) and the injection velocity
from 0.7 inch/sec to 2.0 inch/sec.
https://www.avient.com/sites/default/files/2023-05/Mevopur Healthcare Colorants and Formulations Amber for Pharma Application Bulletin.pdf
It is the responsibility of the medical device manufacturer and the person placing the medical device on the market to ensure compliance of the medical device with all applicable laws and regulations, including
the suitability of all raw materials and components used for its manufacture.
https://www.avient.com/sites/default/files/2020-09/oncolor-hc-product-bulletin-1.pdf
These customizable color solutions enhance
brand value and promote product differentiation
for medical device, cosmetic, or pharmaceutical
polymer applications.
OnColor
HC Plus Colorants have been tested across a
wide range of medical polymers to provide
added confidence in meeting these critical bio-
compatibility standards.
KEY CHARACTERISTICS
• Polymer colorants formulated specifically for
healthcare product applications
• Meets and exceeds various material
performance requirements including
FDA 21 CFR, ISO 10993 and USP Class VI
• HC Plus colorants certified for bio-compatibility
• Available as pre-color, concentrate,
masterbatch or Smartbatch™ combined
colorant/additive solution
• Wide range of colors, striking special effects
and custom color matching
MARKETS AND APPLICATIONS
OnColor™ HC and HC Plus Colorants are an
excellent choice for medical devices and parts,
pharmaceutical or cosmetic packaging, and many
other healthcare related polymer applications.
https://www.avient.com/sites/default/files/2023-10/308659_en_46154.pdf
Ltd.
30, Hsing Pang Road
33068 Taoyuan Taiwan
Scope
Design and manufacture of colour and additive
concentrates and specialty compounds for the
Healthcare and Medical device market.
Normative base
EN ISO 13485:2016 Medical devices –
Quality Management System
Reg. no. 46154 Validity 12.01.2022 – 11.01.2025
Issue 12.01.2022
Swiss Made
Swiss Association for Quality
and Management Systems (SQS)
Bernstrasse 103, 3052 Zollikofen, Switzerland
F.
https://www.avient.com/sites/default/files/2022-07/Lewiston 308872_en_13485_21%5B43%5D.pdf
Lewiston, ME, 04240
United States of America
Scope
Avient CAI
Design and manufacture of colour and additive
concentrates and specialty compounds for
the Healthcare and Medical device market.
Normative base
EN ISO 13485:2016 Medical devices –
Quality Management System
Reg. no. 45484 Validity 01.03.2022 – 28.02.2025
Issue 01.03.2022
Swiss Made
Swiss Association for Quality
and Management Systems (SQS)
Bernstrasse 103, 3052 Zollikofen, Switzerland
sqs.ch
F.