https://www.avient.com/sites/default/files/2020-09/stat-tech-for-adas-application-bulletin.pdf
What if you could design the needed performance characteristics
right into the housing rather than using conductive painting or vacuum metallization?
STAT-TECH
AS-10CF/000
BLACK
STAT-TECH
ST3200-0010 NH FR
BLACK
STAT-TECH
ST9620-0020 ES
RED
STAT-TECH
NN-40CF/000 NH
FRV0 NATURAL
Applications Sensor, Camera
Sensor, Camera
Sensor, Camera
Sensor, Camera
Defining
Features
Antistatic
Conductive
EMI Shielding
Flame Retardant
EMI Shielding
Good Chemical
Resistance
High Stiffness
Filler/
Reinforcement
Carbon Fiber,
10% by Wt — Nickel-Coated
Carbon Fiber
Carbon Fiber,
40% by Wt
Surface
Resistivity
1.0E+2 to 1.0E+6
1.5E+4
1.0E+2 to 1.0E+4
1.0E+2 to 1.0E+5
Shielding
Effectiveness
(10GHz, 1/8"
thickness)
— — 61
dB
70
dB
HOW STAT-TECH MATERIAL MAKES THE DIFFERENCE IN AUTOMOTIVE
ADAS SENSORS, CAMERAS AND ECUS
Protection from static buildup – Stat-Tech
material reduces static buildup with surface
resistivity between 1.0E+2 ohms and 1.0E+6 ohms,
minimizing sparks from damaging nearby electrical
components, especially those near fuel storage.
You have the responsibility to conduct full-scale end-product performance testing
to determine suitability in your application, and you assume all risk and liability arising from your use of the information and/or use or handling of any product.
https://www.avient.com/sites/default/files/2020-07/comptek-catalog.pdf
We have helped
customers develop parts that are:
• Wear-resistant: End products such as
bearings and sleeves that do not
require lubrication
• Conductive: Electrical and/or thermal
conductivity, in molded and extruded parts
• X-Ray opaque: Used for medical and dental
devices.
You have the responsibility to conduct full-scale end-product performance testing
to determine suitability in your application, and you assume all risk and liability arising from your use of the information and/or use or handling of any product.
https://www.avient.com/sites/default/files/2023-12/Avient_ALL_Policies_Dec_18_2023.pdf
AVIENT RESPONSIBLE CARE POLICY
Avient Corporation conducts its operations in a manner that is protective
of the environment, and the health, safety and security of associates,
customers, and all our stakeholders, including the communities in which
we operate.
Ashish Khandpur
President and CEO
December 18, 2023
ENVIRONMENTAL POLICY
Avient Corporation conducts its operations in an environmentally
responsible manner that is protective of the communities in which we
operate.
Our policy is to conduct business in a manner that complies with regulatory and
other requirements while warranting the safety and health of our associates,
customers, contractors, suppliers, and the communities in which we operate.
https://www.avient.com/sites/default/files/2024-10/Final 2_Avient Semicondcutor Packaging Case Study Snapshot 2024.pdf
https://www.avient.com/products/engineered-polymer-formulations/conductive-signal-radiation-shielding-formulations/stat-tech-static-dissipative-electrically-conductive-formulations
Slide 1: Semiconductor packaging OEM
https://www.avient.com/sites/default/files/2021-02/avients-publication-of-uk-tax-strategy.pdf
AVIENT CORPORATION GROUP’S PUBLICATION OF UK TAX STRATEGY
Introduction
This document summarizes Avient Corporation and its worldwide affiliates’ (together “The Avient Group”) policy
and approach to conducting United Kingdom (“UK”) tax affairs and managing tax risk.
Transactions among the Avient Group are conducted on an arm’s-length basis and in accordance with UK tax laws.
https://www.avient.com/sites/default/files/resources/Investor%2520Day%2520-%2520May%25202012%2520-%2520Operational%2520Excellence.pdf
Kedrowski
Page 38
Operational Excellence
• Operational Excellence is a never-ending quest
for improvement in response to the voice of our
customers and shareholders
• It is all about strengthening our capabilities to
deliver value flawlessly to our customers deliver value flawlessly to our customers
• It challenges us to enhance our
productivity, profitability, and efficiency
in all phases of our business, from
safety to quality to waste elimination
to environmental stewardship
Page 39
Lean Six Sigma Initiative
• In 2009, Lean Six Sigma was launched to
improve execution skills across all
businesses, functions, and global regions
• A company-wide diagnostic was
conducted, resulting in identification of six conducted, resulting in identification of six
strategic improvement platforms
• Financial targets were estimated,
resources identified and trained
results delivered
,
Page 40
PolyOne OSHA Recordable Incidence Rate
4
5
6
5.1
Safety Performance
*Rubber And Plastics Manufacturing Industry (2010 Bureau of Labor Statistics).
0
1
2
3
2005 2006 2007 2008 2009 2010 2011 Industry
Average
1.4 1.3 1.1 1.1 0.85 0.65
0.57
Page 41
• Exemplary on-time delivery
• Best-in-class working capital
% of sales
81%
87% 88%
95%
93%
92%
94%
2005 2006 2007 2008 2009 2010 2011
On-Time Delivery*
Lean Six Sigma Delivering Results
• Approximately $200M in
cash driven by working
capital improvements
16.2%
14.4%
18.9%
11.7%
9.6% 9.6%
2006 2007 2008 2009 2010 2011
WC % of Sales
2005 2006 2007 2008 2009 2010 2011
*As measured to customer request date
Page 42
40.0%
Percent of Associates
Trained in LSS
World’s Best Start-up
Program in 2009*
World’s Best Business Process
Excellence Program in 2012*
Award-Winning Lean Six Sigma Program
*Both awards received from International Quality and Productivity Center
16.5%
40.0%
2009 2011
Page 43
• Globally leverage strategic supplier
management best practices
• Implement world class demand
management processes
Critical Imperatives
• Improve operational reliability and efficiencies
• Optimize global freight management
Drive 50 – 100 basis points of gross margin expansion per year
Page 44
Page 45
https://www.avient.com/sites/default/files/2020-10/antimicrobial-dental-case-study.pdf
Testing was conducted
to determine if formulations molded with the new
additives would maintain sufficient antimicrobial
functionality at the lower LDRs, and positive results
were provided to the manufacturer.
Finally, Avient’s
willingness and ability to conduct and provide testing
results saved the customer time and money.
https://www.avient.com/sites/default/files/2023-01/Avient Audit Committee Charter.pdf
Review and discuss with management and the internal and independent auditors compliance with
the Company’s Codes of Business Conduct and Ethics.
Advise the Board with respect to the Company’s policies and procedures regarding compliance
with the Company’s Codes of Business Conduct and Ethics.
3.
Discuss with management and the independent auditor any correspondence with regulators or
governmental agencies and any legal complaints or published reports that raise material issues
regarding the Company’s financial statements, accounting policies or compliance with the
Company’s Codes of Business Conduct and Ethics.
5.
https://www.avient.com/sites/default/files/2020-07/avient-abac-english-200720.pdf
Violations can result in damage to Avient’s reputation,
severe penalties and jail time.
1 Refer to the Gifts and Hospitality section of the Avient Code of Conduct and our Gifts
and Entertainment Policy to determine if your proposed expenditure is permitted.
For that reason, it is important Avient conducts due
diligence on agents and other third parties both before
and during the relationship.
Reporting Possible Violations
Any employee who has reason to believe that a violation
of this Policy has occurred, or may occur, must promptly
report their concern to any or all of the below resources so
that a thorough investigation can be conducted
https://www.avient.com/sites/default/files/resources/Investor%2520Day%2520-%2520May%25202012%2520-%2520Global%2520Engineered%2520Materials.pdf
Nikrant
Page 67
United
States
36%
Europe
36%
Canada
2%
Asia
20%
Latin
America
2011 Revenue: $0.6 Billion2011 Revenue: $0.6 Billion SolutionsSolutions
At a Glance
Appliance
6% Building &
Construction
3%
Wire & Cable
14%
Electrical &
Electronics
14%Consumer
21%
Packaging
5%
Industrial
8%
Misc.
3%
HealthCare
5%
Transportation
21%
America
6%
2011 Revenue by Industry Segment2011 Revenue by Industry Segment
1.1% 1.3%
3.4%
5.1%
9.6%
8.0%
12-16%
2006 2007 2008 2009 2010 2011 2015
Operating Income % of Sales
Target
Expanding ProfitsExpanding Profits
Page 68
Value Proposition
• GSEM is a global leader providing complete specialty solutions encompassing
innovative technologies and services to enable customer success
Transformation Highlights
• Dramatic turnaround of the Engineered Materials business through mix
improvement and specialty focus
Value Proposition and Transformation Highlights
improvement and specialty focus
• GLS acquisition successfully integrated, having more than
doubled earnings in 3 years
• PolyOne culture and strategy now engrained worldwide
• Expansion into healthcare with dedicated resources
> $15B Addressable Market
Page 69
• Polymer design, formulation and service expertise
• Broad, global technology base and regional centers
of excellence
• Ten innovation centers around the world
Key Differentiators
• Ten innovation centers around the world
• Specialty brand leadership with
PolyOne, GLS, NEU and ECCOH
• Ability to leverage global key
account team
Page 70
From Volume
Commodity-driven product portfolio
To Value
Specialty technology and solutions
EM North America Transformation
Volume Sales Gross Margin $
Mix Transformation – Executing the Strategy
2006 2011 2006 2011 2006 2011
Page 71
$12
$29
Operating Income
($ in millions)
• Provided access to new customers
in specialized, high-growth markets
such as healthcare and consumer
• Strategic partner to many of the
world’s best-known companies
GLS Integration Success
16.9%
8.2%
2007 2011
2007 2011
Working Capital % of Sales
• Complementary global footprint
provided additional cross-selling
opportunities
• Opportunity to expand margins
and drive working capital
improvement while remaining
customer-focused
Page 72
$1.3
$27.6
2006 2011
Healthcare Revenue
• Investment in dedicated
healthcare team to drive
penetration and growth
• Leverage product portfolio
globally & win specialty business
Areas of Focus
$10.5
$117.9
2006 2011
Consumer Revenue
2006 2011globally & win specialty business
in targeted markets
• Aggressively commercialize
specialty innovation platforms
• Utilize our innovation centers to
influence OEM design
(Revenue in $ millions)
Page 73
• Carbon Nanotube Formulations
� Applications: Semiconductor equipment, hard drives
� Customer benefits: Scrap cost reduction and
clean conductivity
• Thermally Conductive Solutions
Applications: Sockets and bulb holders for LED lighting
Key Innovations
� Applications: Sockets and bulb holders for LED lighting
� Customer benefits: Cost reduction, energy saving, and
design flexibility
• FDA-Regulated TPEs
� Applications: Food packaging seals, intravenous delivery
systems, medical stoppers, prefilled syringes
� Customer benefits: Clean and safe elastomers for highly
regulated applications
Page 74
Critical Imperatives and 2015 Goal
Critical Imperatives
• Commercialize critical new technology platforms
• Manage the mix as we continue to drive
the transformation
• Global translation of commercial successes
2015 Goal
• 12 - 16% return on sales
Page 75
Page 76