https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520-%2520Seaport%2520Global%2520Transports%2520%2526%2520Industrials%2520Confer....pdf
T H E N E W P O L Y O N E : A S P E C I A L T Y G R O W T H C O M P A N Y
Growing leadership position in attractive markets
Innovation, technology and service are differentiators
Capital management is a strength: Record-setting cash generation
to continue for years
Expand ROIC while increasing invested capital
Proven acquisition strategy with robust pipeline
Commercial investments are fueling momentum and generating
organic growth
SEGMENT
HIGHLIGHTS
PolyOne Corporation 17
C O L O R , A D D I T I V E S & I N K S
PolyOne Corporation 18
Solid
Colorants
Performance
Additives
Screen
Printing Inks
Liquid
Colorants
27%
14%
Textiles
Building &
Electrical &
Operating Income & MarginRevenue by Region
C O L O R , A D D I T I V E S & I N K S
2 0 1 7 R E V E N U E | $ 8 9 3 M I L L I O N
$4
$25
$104
$139
0.9%
5.5%
12.2%
15.5%
16.0%
18.0%
100
110
120
130
140
150
PolyOne Corporation 19
32%
46%
1%
Mexico
Brazil
S P E C I A L T Y E N G I N E E R E D M A T E R I A L S
PolyOne Corporation 20
Engineered
Formulations
Advanced
Composites
Thermoplastic
Elastomers
20%
19%
Electrical &
13%
Building &
S P E C I A L T Y E N G I N E E R E D M A T E R I A L S
Revenue by Region Operating Income & Margin
2 0 1 7 R E V E N U E | $ 6 2 4 M I L L I O N
PolyOne Corporation 21
$21
$57
$78
0.1%
5.1%
9.3%
12.5%
28%
48%
22%
P E R F O R M A N C E P R O D U C T S & S O L U T I O N S
PolyOne Corporation 22
Specialty Vinyl
Solutions
Healthcare
Formulations
Smart Device
Materials
Flame Retardant
Polymers
Building &
30%
15%Appliance
Electrical &
1%
Mexico
77%
Latin
America
P E R F O R M A N C E P R O D U C T S & S O L U T I O N S
Operating Income & MarginRevenue by Region
2 0 1 7 R E V E N U E | $ 7 2 1 M I L L I O N
$40
$33
$56
$77
4.6%
3.6%
7.2%
10.7%
16.0%
0
100
PolyOne Corporation 23
D I S T R I B U T I O N
E N D M A R K E T S & S U P P L I E R S
PolyOne Corporation 24
23% Healthcare
22%
Electrical &
Building &
$20
$25
$63
$73
2.9%
5.9%
6.3%
1.0%
3.0%
5.0%
7.0%
15
25
35
45
55
65
75
Operating Income & Margin
2017 Revenue | $1.2 Billion
http://www.avient.com/Pages/VariationRoot.aspx
http://www.avient.com/Pages/VariationRoot.aspx
T A R G E T E N D M A R K E T S &
A P P L I C A T I O N E X A M P L E S
PolyOne Corporation 25
Thermally Conductive
Chemical Resistant
Polymer Colorants
Elastomeric Grips and
Handles
Structural Composites
Antimicrobial Technologies
Anti-Counterfeiting
Target End Markets… Healthcare
Catheter Technologies
Under-hood Components
Target End Markets… Automotive
Interior Structural
Sound & Vibration
Management
Roof Systems
Air Management
Electronics and Cameras
Lighting
Exterior / Interior Trim
Braces & Brackets
Fasteners
Seals & Flaps
Target End Markets… Consumer
Thermally Conductive
Polymer Colorants
Elastomeric Grips and
Handles
Structural Composite
Oxygen Scavenger
Laser Marking Additives
Antistatic Technologies
UV Light Barrier Technologies
Cap & Closure Colorants
Process Optimization
Antioxidant Technologies
Density Modified
Target End Markets… Packaging
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
Luxury Packaging
GravitechTM Density Modified Polymers
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
OnColorTM Super Concentrates
Inhibit microbial growth
on polymer surfaces
Enhance value or products
and devices
Highly versatile
concentrate with the
ability to be incorporated
into a wide variety of
products
Combat Bacteria Formation
WithStandTM Antimicrobial Technology
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
Medical Device Housings
Chemically Resistant Engineered Polymers
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
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
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
Fiber Colorants
High flame retardancy to
meet strict UL standards
Greater processing and
design flexibility
Specialized additives
provide long term color
stability
Diffusive lens materials
improve light dispersion
Smart Home Devices
ResilienceTM Vinyl Solutions
1
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(Dollars in millions, except per share data)
Senior management uses comparisons of adjusted net income from continuing operations attributable to PolyOne common shareholders, adjusted earnings per share (EPS)
attributable to PolyOne common shareholders and adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) 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
COLOR, ADDITIVES & INKS
Color, Additives & Inks
Specialty Engineered Materials
Specialty Engineered Materials
Performance Products & Solutions
Performance Products & Solutions
DISTRIBUTION
Target end markets & �application examples
Slide Number 26
Slide Number 27
Slide Number 28
Slide Number 29
Slide Number 30
Slide Number 31
Slide Number 32
Slide Number 33
Slide Number 34
Slide Number 35
Slide Number 36
Slide Number 37
Investor Presentation - March 2018 r4.pdf
Investor Presentation - March 2018
https://www.avient.com/sites/default/files/resources/Terms%2520and%2520Conditions%2520of%2520Sale%2520for%2520Mexico%2520%2528English%2520and%2520Spanish%2520Language%2520Version%2529.pdf
Buyer must give
Seller written notice of the existence of each claim
involving Product (whether based in contract, breach
of warranty, negligence, strict liability, other tort or
otherwise) within the earlier of thirty (30) days after
receipt of the quantity of Product forming the basis for
the claim or applicable shelf-life expiration, if any.
El Comprador deberá
dar aviso por escrito al Vendedor de la existencia de cada
reclamo que involucre el Producto (ya sea basado en el
contrato, incumplimiento de la garantía, negligencia, estricta
responsabilidad, u otros actos) dentro los primeros 30 días
siguientes a la recepción de la cantidad del Producto
conformando la base de la reclamación o de la caducidad, si
lo hubiere.
https://www.avient.com/sites/default/files/resources/Investor%2520Presentation%2520May19.pdf
Investor Day
POLYONE
I N V E S T O R
P R E S E N T A T I O N
M A Y 2 0 1 9
FORWARD LOOKING STATEMENTS
PolyOne Corporation 2
USE OF
NON-GAAP
MEASURES
PolyOne Corporation 3
V I S I O N
PolyOne Corporation 4
To be the world’s
premier provider of
specialized polymer
materials, services and
solutions
C O R E
V A L U E S
P E R S O N A L
V A L U E S
Honesty IntegrityRespect
Operational
Excellence
Commercial
Excellence
Specialization
Globalization
Collaboration ExcellenceInnovation
To be the world’s
premier provider of
specialized polymer
materials, services
and solutions
S A F E T Y F I R S T
PolyOne Corporation 5
Injuries per 100 Workers
Spartech
Acquisition
1.3
1.1 1.1
0.85
0.65
0.57
0.54
0.97
0.84
0.74 0.74
0.69
0.51
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
PolyOne Corporation 6
P O L Y O N E
2 0 1 8 R E V E N U E | $ 3 . 5 B I L L I O N
United States
57%
16%
Latin
America
Canada
Distribution
Performance Products &
Solutions 19%
Specialty
Engineered
Color
Additives &
Inks 29%
Segment End Market Geography
Building &
Construction
Electrical &
Electronics
13%
2009 2010 2011 2012 2013 2014 2015 2016* 2017* 2018
$2.43
P R O O F O F P E R F O R M A N C E
C O N S E C U T I V E
Y E A R S
PolyOne Corporation 7
9
$0.13
$0.68
$0.82
$1.00
$1.31
$1.80
$1.96
$2.06
$2.21
ROIC** 5.0% 14.1%
Operating Income
% of Sales
Color, Additives &
Inks
1.7% 15.1%
Specialty Engineered
Materials
1.1% 11.2%
Performance
Products
& Solutions
4.3% 10.0%
Distribution 2.6% 5.6%
A D J U S T E D E P S E X P A N S I O N
S U S T A I N A B L E P A T H T O D O U B L E - D I G I T E P S G R O W T H
PolyOne Corporation 8
P E O P L E P R O D U C T S P L A N E T P E R F O R M A N C E
Double digit
annual EPS
growth
strategic acquisitions
Innovate
600K-1M
commercial
resources 5-7%
Double acquired
Lean Six Sigma
commercial excellence
531
710
130
164
504
663
R&D / Technical Marketing Sales
PolyOne Corporation 9
Increased commercial headcount
+ 34%
+ 26%
+ 32%
I N V E S T M E N T I N COMMERCIAL RESOURCES D R I V I N G G R O W T H
Sustained revenue increases led
by organic business
$2.9 $2.9
$3.2
$3.5
2015 2016 2017 2018
Total
+ 9%
Organic
+ 5%
Revenue in billions of $
Total
+ 10%
Organic
+ 7%
Lead
Specialists
T H E E V O L V I N G C U S T O M E R R E L A T I O N S H I P
PolyOne Corporation 10
Expanded Path
Traditional Path
Strategic Accounts/
Field Sales
Business
Development
Customer
Service
Web and Social
Media
Inside Sales
PolyOne Corporation 11
Investments in digital and dedicated inside sales to
improve customer experience
110% increase in leads (from 6,000 to 12,700) driven
by website, phone, and online chat
EXPANDED PATH
A DDI N G C U S T O M E R T O U C H P O I N T S
24
Inside sellers
$11M
$109M
Inside sales/digital revenue
A L I G N I N G W I T H T R E N D S F O R G R O W T H
T R A N S P O R T A T I O N P A C K A G I N G H E A L T H C A R E C O N S U M E R
PolyOne Corporation 12
Facilitate
alternative
energy
solutions
Light-
weighting
Reduce
packaging
materials
Improve
recyclability
Reduce
spread of
infection
I N N O V A T I O N
PolyOne Corporation 13
Customization
55%
M&A
30%
Innovation
Pipeline
Innovation comes from Research & Development Spend
Vitality Index
$20
$56
Transformational
Adjacent
Core
3 H O R I Z O N S O F D E V E L O P M E N T
PolyOne Corporation 14
Market
Technical
I N N O V A T I O N
I N N O V A T I O N P I P E L I N E
PolyOne Corporation 15
PrototypeFrame
Opportunity
Scale-up & Test
Market
Build
Business Case
Commercial
Launch
(since 2017)
Phase 1 Phase 2 Phase 3 Phase 4 Phase 5
6
11
3
2
28 0
10
7
2
Breakthrough
Platform
Derivative
F L A M E
R E T A R D A N T
P O L Y M E R S
A D V A N C E D
C O M P O S I T E S
B A R R I E R
M A T E R I A L S
C O L O R A N T
T E C H N O L O G I E S
T H E R M O P L A S T I C
E L A S T O M E R S
I N N O V A T I O N S P O T L I G H T :
C O M P O S I T E S
PolyOne Corporation 16
C O M P O S I T E S R E F R E S H E R
PolyOne Corporation 17
Fiber
Polymer
Composite
S T R A T E G I C I N V E S T M E N T H I S T O R Y
Thermoplastic Composites
Long Fiber Reinforced Thermoplastics
Continuous Fiber Thermosets
Long Fiber Reinforced Thermoplastics
Continuous Fiber Thermosets
2012 2015 20162009 2011 2018
PolyOne Corporation
2019
18
C O M P O S I T E S I N T R A N S P O R T A T I O N
PolyOne Corporation 19
W A T E R C R A F TR A I L H E A V Y T R U C K
F I B E R - L I N E H I G H L I G H T S
PolyOne Corporation 20
$100M
Customer
Value
Fiber-Line
Fiber Processing
Capabilities
Polymer Formulation
Capabilities
P O L Y O N E A P P L I C A T I O N S I N F I B E R O P T I C C A B L E S
PolyOne Corporation 21
F I B E R O P T I C A L G R O W T H D R I V E R S
PolyOne Corporation 22
5G Networks
10x
8x
5G vs. 4G
PolyOne Corporation 23
Safety Technology Geography Service FinancialPeople
8-10% with
ability to double
I N V E S T - T O - G R O W M & A S T R A T E G Y
PolyOne Corporation 24
Capture
sourcing
synergies
Cross-sell
& blend
technology
8-10%
operating
I N V E S T - T O - G R O W M & A P L A Y B O O K
Protect
customers
Retain
employees
Implement LSS to
drive efficiency
improvements
Innovate with
combined
portfolio
Safety
First!
Leverage
PolyOne’s
global reach
Phase 1
Phase 2
Phase 3
18-20%
operating
Invest in
commercial
resources
I N V E S T - T O - G R O W P R O O F O F P E R F O R M A N C E
PolyOne Corporation 25
Commercial
Resources
Operating
Income
($ in millions)
Operating
Margins
243
340
$36
$96
20%
Established Acquisitions
(> 7 years)
+ 40% + 165% + 900 bps
I N V E S T - T O - G R O W D R I V I N G T H E F U T U R E
PolyOne Corporation 26
Commercial
Resources
Operating
Income
($ in millions)
Operating
Margins
138
181
251
$23 $25
$70
7% 8%
18-20%
Recent Acquisitions
PolyOne Corporation 27
Average
Company Size
# of
Possibilities
Rationale
$200M
S T R O N G P I P E L I N E
D R I V E N B Y F R A G M E N T E D M A R K E T
$0
$150
$300
$450
$600
$750
$900
2011 2012 2013 2014 2015 2016 2017 2018
$890M
R E T U R N I N G C A S H T O S H A R E H O L D E R S
O V E R $ 1 . 2 B I L L I O N S I N C E 2 0 1 1
PolyOne Corporation
$0.16
$0.20
$0.24
$0.32
$0.40
$0.48
$0.54
$0.70
$0.78
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
3-Year Dividend Plan
Cumulative Share Repurchases Increasing Annual Dividend
28
6.3%
14.1%
16-17%
2009 2018 Updated Expectations
R O I C D R I V E S S H A R E H O L D E R R E T U R N
PolyOne Corporation 29
PolyOne Corporation 30
W H Y I N V E S T I N P O L Y O N E ?
https://www.avient.com/sites/default/files/2024-03/Terms and Conditions of Sale for Finland %28Finnish Translation%29.pdf
Ostajan tulee ilmoittaa Myyjälle kirjallisesti jokaisesta
vaatimuksesta liittyen Tuotteeseen (riippumatta siitä perustuuko se
sopimukseen, takuurikkomukseen, laiminlyöntiin, ankaraan
vastuuseen, muuhun oikeudenloukkaukseen tai johonkin muuhun
asiaan) 30 päivän kuluessa vaatimuksen perusteena olevan Tuote-
erän vastaanottamisesta tai mahdollisesta soveltuvasta säilyvyysajan
umpeutumisesta, riippuen siitä kumpi näistä tapahtuu aikaisemmin.
i) Jos Ostaja ei suorita
velvollisuuksiaan Myyjää kohtaan eikä tarjoa riittävää vakuutta
Ostajan suorituksesta ennen suunniteltua toimituspäivää; tai (ii)
Myyjällä on kohtuullisia epäilyksiä Ostajan velvollisuuksien
suorittamiseen liittyen eikä Ostaja tarjoa Myyjälle riittävää vakuutta
Ostajan suoritukseen liittyen ennen suunniteltua toimituspäivää ja
joka tapauksessa kolmenkymmenen (30) päivän kuluessa Myyjän
tällaista vakuutta koskevasta vaatimuksesta; tai Ostajasta tulee
maksukyvytön tai se ei voi maksaa velkojaan niiden erääntyessä, tai
hakeutuu saneeraukseen tai asetetaan konkurssiin tai jos Ostaja tekee
luovutuksen velkojiensa hyväksi; tai (iv) jos Ostaja ei noudata lakia,
asetuksia, sääntöjä tai standardeja (”Lait ja standardit”), Myyjä voi
kirjallisella ilmoituksella Ostajalle, tämän vaikuttamatta muihin
Myyjän oikeuksiin, (a) vaatia sellaisten toimitettujen Tuotteiden
palauttamista ja ottaa Tuotteet haltuun, joita ei ole maksettu ja Ostaja
vastaa kaikista haltuun ottamisesta aiheutuvista kustannuksista; (b)
keskeyttää suorituksensa tai irtisanoa tilausvahvistuksensa koskien
toimittamattomia Tuotteita, ellei Ostaja maksa Tuotteita etukäteen
käteisellä tai anna riittävää takuuta Tuotteiden maksamisesta
Myyjälle.
https://www.avient.com/sites/default/files/2024-03/Terms and Conditions of Sale for Hungary %28Hungarian Translation%29.pdf
A Vevőnek írásban kell értesítenie az Eladót minden olyan igény létezéséről, amely a
Termékkel kapcsolatos (legyen az szerződésen, garancia megszegésén, gondatlanságon, szigorú
felelősségen, egyéb mulasztáson vagy máson alapuló), a Termék átvételét követő harminc (30) napon
belül, vagy az alkalmazandó lejárati idő lejárta előtt, attól függően, melyik a korábbi.
Amennyiben (i) a Vevő nem teljesíti kötelezettségeit az Eladóval
szemben és nem biztosít elegendő biztosítékot a Vevő teljesítésére a tervezett szállítási időpont előtt;
vagy (ii) ha az Eladó ésszerű kételyekkel rendelkezik a Vevő kötelezettségeinek teljesítésével
kapcsolatban és a Vevő nem biztosít az Eladónak elegendő biztosítékot a Vevő teljesítésére a tervezett
szállítási időpont előtt, és egyéb esetekben az Eladó ilyen biztosíték iránti igényétől számított harminc
(30) napon belül; vagy (iii) ha a Vevő fizetésképtelenné válik vagy nem képes tartozásait esedékességük
idején megfizetni, vagy felszámolásba kerül, vagy bármilyen csődeljárás indul a Vevő ellen, vagy ha
gondnok vagy vagyonkezelő vagy csődgondnok van kinevezve a Vevő vagyonának egészére vagy
jelentős részére, vagy ha a Vevő bármilyen megállapodást köt hitelezői javára; vagy (iv) abban az
esetben, ha a Vevő nem felel meg bármely törvénynek, statútumnak, rendeletnek, szabályozásnak,
kódexnek vagy jogi normának („Törvények és Normák”), akkor az Eladó írásban értesítve a Vevőt, más
jogai sérelme nélkül: (a) követelheti a kifizetetlen Termékek visszaszállítását és visszaszolgáltatását, és
minden a Termékek visszaszállításával kapcsolatos költség a Vevő terhére esik; és/vagy (b)
felfüggesztheti teljesítését vagy megszüntetheti a függőben lévő Termékek szállítására vonatkozó
rendelés visszaigazolását, kivéve, ha a Vevő ilyen Termékekért készpénz előre fizetés alapján fizet, vagy
biztosítja az Eladó számára a Termékekért való ilyen fizetésre vonatkozó megfelelő biztosítékot.
https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for Czech Republic %28Czech Translation%29.pdf
Kupující je povinen písemně oznámit Prodávajícímu existenci jakéhokoli nároku týkajícího se Výrobku
(ať už ze smlouvy, porušení záruky, z nedbalosti, objektivní odpovědnosti, jiného deliktu nebo jinak) do třiceti (30) dnů po obdržení
Výrobku, který je předmětem reklamace, nebo do uplynutí příslušné doby spotřeby, je-li stanovena, a to podle toho, co nastane
dříve.
Pozastavení a ukončení
Pokud (i) Kupující neplní své závazky vůči Prodávajícímu a neposkytne mu odpovídající záruku plnění před datem plánované
dodávky; nebo (ii) pokud má Prodávající důvodné pochybnosti o plnění závazků ze strany Kupujícího a Kupující neposkytne
Prodávajícímu odpovídající záruku plnění před datem plánované dodávky, a to do třiceti (30) dnů od výzvy Prodávajícího k
poskytnutí takové záruky; nebo (iii) pokud se Kupující stane insolventním nebo neschopným splácet své dluhy v době jejich
splatnosti, nebo vstoupí do likvidace, nebo bude zahájeno konkurzní řízení ze strany Kupujícího nebo proti němu, nebo pokud bude
jmenován správce či nucený správce celého majetku Kupujícího nebo jeho podstatné části, nebo pokud Kupující provede jakýkoli
převod ve prospěch svých věřitelů; nebo (iv) v případě, že Kupující nedodrží zákon, vyhlášku, nařízení, předpis nebo normu (dále
jen „Zákony a normy“), může Prodávající písemným oznámením Kupujícímu, aniž by byla dotčena jeho jiná práva: (a) požadovat
vrácení dodaných Výrobků, které nebyly zaplaceny, přičemž veškeré náklady spojené s vymáháním Výrobků jdou na účet
Kupujícího; a/nebo (b) pozastavit své plnění nebo vypovědět potvrzení objednávky na čekající dodávku Výrobků, pokud Kupující
neprovede platbu za Výrobky v hotovosti předem nebo neposkytne Prodávajícímu odpovídající záruku takové platby.
https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for France.pdf
Buyer must give Seller written notice of the existence of each claim
involving Product (whether based on breach of contract, breach of warranty, negligence, strict liability, other tort or
otherwise) within the earlier of thirty (30) days after receipt of the quantity of Product forming the basis for the claim or
applicable shelf-life expiration, if any.
i) If Buyer is in default of performance of its obligations towards Seller and fails to provide
adequate assurance of Buyer’s performance before the date of scheduled delivery; or (ii) if Seller has reasonable doubts
with respect to Buyer’s performance of its obligations and Buyer fails to provide to Seller adequate assurance of Buyer’s
performance before the date of scheduled delivery and in any case within thirty (30) days of Seller’s demand for such
assurance; or (iii) if Buyer becomes insolvent or unable to pay its debts as they mature, or goes into liquidation or any
bankruptcy proceeding shall be instituted by or against Buyer or if a trustee or receiver or administrator is appointed for
all or a substantial part of the assets of Buyer or if Buyer makes any assignment for the benefit of its creditors; or (iv) in
case of non-compliance of Buyer with any law, statute ordinance, regulation, code or standard (“Laws and Standards”),
then Seller may by notice in writing to Buyer, without prejudice to any of its other rights: (a) demand return and take
repossession of any delivered Products which have not been paid for and all costs relating to the recovery of the Products
shall be for the account of Buyer; and/or (b) suspend its performance or terminate its order confirmation for pending
delivery of Products unless Buyer makes such payment for Products on a cash in advance basis or provides adequate
assurance of such payment for Products to Seller.
https://www.avient.com/sites/default/files/resources/Terms_and_Conditions_of_Sale_for_Finland_%2528English_Language_Version%2529.pdf
PAYMENTS
Unless otherwise directed or agreed to by Seller, all invoices are payable thirty
(30) days after the date of invoice.
https://www.avient.com/sites/default/files/2022-04/Sustainable Material Answers_ Recycled PET 2022_0.pdf
They should contain at least
25% recycled plastic in their manufacture by 2025 (for PET bottles), and
30% by 2030 (for all bottles).
https://www.avient.com/sites/default/files/resources/PolyOne%25202014%2520Annual%2520Report.pdf
On May 30, 2013, we sold our vinyl dispersion, blending and suspension resin assets (Resin Business)
to Mexichem Specialty Resins Inc.
However, based on the Company’s policy of permanent reinvestment, it is not practicable to determine
30 POLYONE CORPORATION
the U.S. federal income tax liability, if any.
Note 5 — DISCONTINUED OPERATIONS
On May 30, 2013, PolyOne sold its Resin Business to Mexichem Specialty Resins Inc. for $250.0
million cash consideration.