https://www.avient.com/sites/default/files/resources/Innovation_Day_-_May_2014_0.pdf
Kunkle Vice President,
General Counsel and
Secretary
Michael E.
Patterson
12:00-1:00 PM Lunch
PolyOne Corporation Page 7
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 – 2014
2015 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
• 18 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
• Continue specialty
transformation
• Targeting $2.50
adjusted EPS by
2015, nearly double
2013 EPS
• Drive double digit
operating income
and adjusted EPS
growth
PolyOne Corporation Page 8
Specialty
54%
PP&S
18%
Distribution
28%
2013 Revenues: $3.8 Billion 2013 Revenues: $3.8 Billion
United
States
67%
Europe
14%
Canada
7%
Asia
6%
Latin
America
6%
$13
$31
$46 $46
$92 $96
$122
$195
$0
$50
$100
$150
$200
2006 2007 2008 2009 2010 2011 2012 2013
End Markets Specialty Operating Income
PolyOne At a Glance
Building &
Construction
13%
Industrial
12%
Transportation
18%
Wire & Cable
9%
Packaging
16%
Consumer
10%
HealthCare
11% Appliance
6%
Electronics &
Electrical
5%
PolyOne Corporation Page 9
Old
PolyOne Transformation
*Operating Income excludes corporate charges and special items
2%
34%
43%
62% 64%
0%
20%
40%
60%
80%
100%
2005 2008 2010 2013 Q1 2014 2015
%
o
f
O
p
e
ra
ti
n
g
I
n
c
o
m
e
*
JV's Performance Products & Solutions Distribution Specialty
65-75%
Specialty OI $5M $46M $87M $195M $60M Target
Mix Shift Highlights Specialty Transformation
2015
Target
PolyOne Corporation Page 10
Confirmation of Our Strategy
The World’s Premier Provider of Specialized
Polymer Materials, Services and Solutions
Specialization Globalization
Operational
Excellence
Commercial
Excellence
PolyOne Corporation Page 11
-150.00%
-50.00%
50.00%
150.00%
250.00%
350.00%
450.00%
550.00%
PolyOne S&P 500
Strategy and Execution Drive Results
$0.12
$0.27
$0.21
$0.13
$0.68
$0.82
$1.00
$1.31
'06 '07 '08 '09 '10 '11 '12 '13
‘06-‘13 EPS CAGR = 41%
EPS Share Price vs.
Patterson
President and Chief Executive Officer
PolyOne Corporation Page 27
Well Positioned for Revenue Growth
Addressable Market by Platform
$540
$215
$120
$40
$260
$525
($ millions)
Design/Service
Sustainable
Solutions
Surface
Modification
Lightweighting
Thermal
Control
Flame
Retardancy
$1.0 - $2.0 Billion of revenue
generated from new
products in 5 years
Gross margin on new products
exceed current gross margin by at
least 10 percentage points
World class vitality index of ≥ 35%
2018
PolyOne Corporation Page 28
Megatrends Aligned with Key End Markets
Decreasing
Dependence
on Fossil
Fuels
Protecting
the
Environment
Improving
Health and
Wellness
Megatrend End Markets
Globalizing
and
Localizing
Health &
Wellness
Transportation
Packaging
Consumer
PolyOne Corporation Page 29
2006 2013
Revenue
($ millions)
Health and Wellness Evolution
General
purpose
tubing
TPE applications
from GLS
Specialty tubing
Ergonomic
enhancements
Pre-certified
biocompatible
colorants
Highly
sophisticated
catheter and
drug delivery
components
Chemical and
heat
sterilizable
materials
Authentication
and protection
technologies
Addressing
wellness,
prevention,
diagnostic and
therapy changes in
healthcare setting
Healthcare
packaging
solutions
2006
2015 &
Beyond
$416
$105
PolyOne Corporation Page 30
Transportation Evolution
General
purpose
formulations
(bumpers, roof
racks)
Long fiber for
lightweighting
Thermal
management for
LED lighting
Thermoset
composite
pultrusions
Conductive
polymers for EMI
shielding
Formulations for
aerospace interiors
Thermoplastic
composites
High temperature
formulations for
aerospace
Expand 3D printing
capabilities
2006
2015 &
Beyond
2006 2013
Revenue
($ millions)
$709
$315
PolyOne Corporation Page 31
Packaging Evolution
Masterbatch
colors and PVC
packaging
materials
TPEs to enhance
brand appeal and
consumer
functionality
Liquid color and
additive
technologies to
extend shelf life,
preserve taste and
differentiate brands
Leveraging color,
additives and sheet
technology for
healthcare and
consumer packaging
solutions
2006
2015 &
Beyond
2006 2013
Revenue
($ millions)
$612
$260
PolyOne Corporation Page 32
Consumer Evolution
Commodity plastic
and masterbatch
color solutions
Engineered
materials to
enhance customer
appeal through
visual and
performance
improvements
Formulated metal-
to-polymer
conversion to
enhance
performance and
reduce
manufacturing
costs
Biopolymers &
composite materials
leveraging unique
color technology to
build brand identity
2006
2015 &
Beyond
2006 2013
Revenue
($ millions)
$394
$228
PolyOne Corporation Page 33
Interactive Display
Introduction
PolyOne Corporation Page 34
Interactive Displays
INNOVATION DISCUSSION LEADER TECHNOLOGIES M ARKETS
Polycast™ Bullet Resistant Sheet Aerospace
GlasArmor™ Ballistic Resistant Panels Security
reFlex™ Bio-Based Plasticizer Solutions
Wilflex™ Oasis Hydrate
InVisiO℠
Color Inspiration Forecast
In-Store Audits
OnColor™ Portfolio
Light Weighting
Thermal Management
Corrosion Resistance
Design Flexibility
Sustainability
Global Supply Chain
Ergonomics and Aesthetics
Consumer Appeal
9) Consume r Ele ctronics Solutions
Walter Ripple
General Manager
GLS
Personal Electronics
Wearable Electronics
Hand Held Devices
Portable Audio
7) M e tal Re place me nt Te chnology
Kurt Schuering
Vice President
Global Key Account Management
Aerospace
Transportation
Electrical & Electronics
Sporting and Shooting
8) M e dical De v ice Solutions
Dr.
https://www.avient.com/sites/default/files/2020-07/gls-tpe-closurelogic-cap-liner-english.pdf
GLS TPE - Closurelogic Cap Liner - English
CLOSURELOGIC
GMBH
A L U M I N U M C A P L I N E R
• Compliance with food contact regulations
• Seals to glass, PET and aluminum bottles
• Excellent pressure retention for carbonated beverages
• Provided a low migration TPE with
outstanding organoleptic properties
• Enabled processing at temperatures 20°C
lower than comparative materials
GLS™ Thermoplastic Elastomer
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2021-04/avient-sustain-2019-210419-interactive.pdf
Who We Are
Personal
Values
INTEG
R
IT
Y
R
E
S
P
EC
T
H O N E S T Y
Core
Values
COLLAB
O
R
A
T
IO
N
E
X
C
E
LL
EN
CE
IN N OVAT I O
N
HOME | Contents | Message from the CEO | Who We Are | People | Products | Planet | Performance | Goals & Metrics | Indices
Sustainability Report | 2019 7
https://responsiblecare.americanchemistry.com
https://endplasticwaste.org/about/
http://www.avient.com
What We Do: Material Science
Avient’s vision is to create specialized and sustainable material solutions that
transform customer challenges into opportunities, bringing new products to life
for a better world.
In addition, our LSS energy savings
projects led to a cumulative annual CO
2
e avoidance of over 6,800 MT per year.
EBITDA as % of Revenue
2019 Pro Forma
Color, Additives & Inks 15.2%
Specialty Engineered Materials 15.2%
Distribution 6.4%
Avient 11.1%
0%
20%
40%
60%
80%
100%
0%
20%
40%
60%
80%
100%
2005 2010 2015 2019 PF**
$14M $117M $273M $500M
Adjusted EBITDA* from Specialty Platform
%
o
f
A
d
ju
st
e
d
E
B
IT
D
A
*
Specialty EBITDA
DistributionJV’s Performance
Products & Solutions
Specialty Applications
* Adjusted EBITDA is EBITDA excluding corporate costs and special items
** 2019 Pro Forma for PP&S Divestiture and Clariant Color & Additive Masterbatch business acquisition with synergies
7%
46%
87%
0
10
20
30
40
50
0
10
20
30
40
50
Building & Construction High Growth End Markets
A Specialty Transformation Poised for Future Growth
2006 2019 PF** 2006 2019 PF**
38%
5%
22%
50%
** 2019 Pro Forma for PP&S Divestiture and Clariant Color & Additive Masterbatch business acquisition with synergies
E
n
d
M
a
rk
e
t
R
e
v
e
n
u
e
a
s
a
%
o
f
T
o
ta
l
8%
10%
4%
20%
18%
12%E
n
d
M
a
rk
e
t
R
e
v
e
n
u
e
a
s
a
%
o
f
T
o
ta
l
66%
HOME | Contents | Message from the CEO | Who We Are | People | Products | Planet | Performance | Goals & Metrics | Indices
Sustainability Report | 2019 78
https://www.avient.com/company/policies-and-governance/code-conduct
*Avient Sustainable Solutions definitions aligned with F TC 2012 Guide for the Use of Environmental Marketing Claims
(“Green Guides”)
2016 2017 2018 2019
Revenue from Sustainable Solutions* 2016–2019
Lightweighting
Reduced Material
Requirements
Eco-conscious
Bio-derived Content
Reduced Energy Use
Volatile Organic Compound
Reduction
Recyclability
Renewable Energy
Applications
$275M
$325M
$355M
$410M
14% Total Annual Growth
9% Organic Annual Growth
Sustainable Products
Performance
As highlighted in our Products section, Avient has a highly-
technical and broad portfolio of materials solutions that
help our customers—and our planet—be more sustainable.
https://www.avient.com/sites/default/files/2020-10/2019-avient-sustainability-report.pdf
Who We Are
Personal
Values
INTEG
R
IT
Y
R
E
S
P
EC
T
H O N E S T Y
Core
Values
COLLAB
O
R
A
T
IO
N
E
X
C
E
LL
EN
CE
IN N OVAT I O
N
HOME | Contents | Message from the CEO | Who We Are | People | Products | Planet | Performance | Goals & Metrics | Indices
Sustainability Report | 2019 7
https://responsiblecare.americanchemistry.com
https://endplasticwaste.org/about/
http://www.avient.com
What We Do: Material Science
Avient’s vision is to create specialized and sustainable material solutions that
transform customer challenges into opportunities, bringing new products to life
for a better world.
In addition, our LSS energy savings
projects led to a cumulative annual CO
2
e avoidance of over 6,800 MT per year.
EBITDA as % of Revenue
2019 Pro Forma
Color, Additives & Inks 15.2%
Specialty Engineered Materials 15.2%
Distribution 6.4%
Avient 11.1%
0%
20%
40%
60%
80%
100%
0%
20%
40%
60%
80%
100%
2005 2010 2015 2019 PF**
$14M $117M $273M $500M
Adjusted EBITDA* from Specialty Platform
%
o
f
A
d
ju
st
e
d
E
B
IT
D
A
*
Specialty EBITDA
DistributionJV’s Performance
Products & Solutions
Specialty Applications
* Adjusted EBITDA is EBITDA excluding corporate costs and special items
** 2019 Pro Forma for PP&S Divestiture and Clariant Color & Additive Masterbatch business acquisition with synergies
7%
46%
87%
0
10
20
30
40
50
0
10
20
30
40
50
Building & Construction High Growth End Markets
A Specialty Transformation Poised for Future Growth
2006 2019 PF** 2006 2019 PF**
38%
5%
22%
50%
** 2019 Pro Forma for PP&S Divestiture and Clariant Color & Additive Masterbatch business acquisition with synergies
E
n
d
M
a
rk
e
t
R
e
v
e
n
u
e
a
s
a
%
o
f
T
o
ta
l
8%
10%
4%
20%
18%
12%E
n
d
M
a
rk
e
t
R
e
v
e
n
u
e
a
s
a
%
o
f
T
o
ta
l
66%
HOME | Contents | Message from the CEO | Who We Are | People | Products | Planet | Performance | Goals & Metrics | Indices
Sustainability Report | 2019 78
https://www.avient.com/company/policies-and-governance/code-conduct
*Avient Sustainable Solutions definitions aligned with F TC 2012 Guide for the Use of Environmental Marketing Claims
(“Green Guides”)
2016 2017 2018 2019
Revenue from Sustainable Solutions* 2016–2019
Lightweighting
Reduced Material
Requirements
Eco-conscious
Bio-derived Content
Reduced Energy Use
Volatile Organic Compound
Reduction
Recyclability
Renewable Energy
Applications
$275M
$325M
$355M
$410M
14% Total Annual Growth
9% Organic Annual Growth
Sustainable Products
Performance
As highlighted in our Products section, Avient has a highly-
technical and broad portfolio of materials solutions that
help our customers—and our planet—be more sustainable.
https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for Argentina %28English and Spanish Translation%29.pdf
El Vendedor no
ofrece ninguna garantía, expresa o implícita, incluyendo,
sin limitación, las garantías implícitas de comerciabilidad
e idoneidad para un fin determinado, con respecto a las
3.
La falta de reclamo por el Comprador dentro del
plazo establecido constituirá una renuncia absoluta e
incondicional a cualquier reclamo.
El Comprador
reconoce que el Vendedor le entregó las Planillas de Datos de
Seguridad, las cuales incluyen advertencias e información
sobre seguridad y salubridad del Producto y sus contenedores.
https://www.avient.com/sites/default/files/2021-06/cp204a-ya-2021-avient.pdf
BHD.
9-3A-1, JLN METRO PERDANA BARAT 1,
TMN USAHAWAN KEPONG UTARA,
52100 KUALA LUMPUR
WP KUALA LUMPUR
A V I E N T C O L O R A N T S M A L A Y S I A
S D N .
https://www.avient.com/sites/default/files/2024-07/CORE Fishing Lures Case Study Snapshot.pdf
OFFSHORE LURE
MANUFACTURER
F I S H I N G L U R E S
• Allow enhanced processability and control viscosity
• Formulated without Prop 65 listed components
• Maintain physical properties
• Retain contaminant-free product integrity
• Supplied plastisol solutions that improved
quality consistency and controlled viscosity
• Provided effective global EHS and
regulatory support
• Enhanced the dispersion of pigments used
by customer
• Offered dynamic customer service and rapid
technical response
CORE™ Non-Phthalate Plastisols
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2024-09/OnFlex-Lip gloss tube tip -case study snapshot_0904.pdf
Cosmetic packaging manufacturer
COSMETIC
PACKAGING
MANUFACTURER
L I P G L O S S T U B E T I P
• Excellent clarity and high fluidity
• FDA thermoplastic elastomer
• Overmolds to PE as good sealing performance
• Met customer’s design requirements, such
as a skin-like feel
• Offered transparent appearance
• Met FDA 21 compliance
• Overmolded onto PE compared with silicone
OnFlex Thermoplastic Elastomers
KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2021-05/dock-shelter-1-page.pdf
LOADING DOCK
SHELTERS
R E I N F O R C I N G S T A Y S
Replacement for steel or composite stays to provide reliable
seal from external environment:
• Withstand repeated flex and twisting, pass rigorous
proprietary flexural testing requirements
• Maintain performance in extreme temperatures
• Enabled repeated twisting and flexing
without failure, up to 90˚ bends, due to
exceptional mechanical properties
• Customized finishing to meet specific shape
and edge surface requirements
• Improved supply reliability with product
manufactured in Montrose, CO
Gordon Composites™ Thermoset Composite
Springs
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2021-12/Archery Cable Guard Application Snapshot.pdf
CABLE GUARD
C O M P O U N D A R C H E R Y B O W
• Consistent quality that withstands extreme outdoor
conditions
• Dimensional stability to improve durability and extend
product life
• Lightweight material for easy customer handling
• Strong, long-lasting quality
• Maintained stiffness and straightness while
upholding performance and aesthetic
specifications
• Provided dimensional stability necessary
for outdoor applications
• High strength-to-weight ratio enabled high
performance without adding significant
weight
Glasforms™ Pultruded Carbon Fiber Rod
KEY REQUIREMENTS
WHY AVIENT?