https://www.avient.com/news/archives?page=60
Revolutionary New Fiber Coloration Technology from PolyOne Showcased at ITMA 2015
MILAN – PolyOne today launched a breakthrough technology for coloring polyester fiber that eliminates aqueous dyeing and its associated wastewa
Ranging from colorants and
https://www.avient.com/investor-center/investor-news/archives?page=28
PolyOne Expands Color Portfolio with Acquisition of Mesa
PolyOne Expands Specialty Color Portfolio with Rutland Acquisition
PolyOne Appoints Mark Crist to President of Color, Additives & Inks; Scott Horn to President of Distribution
https://www.avient.com/news/archives?page=46
PolyOne to Showcase Material, Colorant and Additive Innovations at CHINAPLAS 2018
PolyOne Launches Elegant and Bright OnColor™ Brilliant Metallic Colorants in Asia
SHANGHAI – April 20, 2018 – In advance of CHINAPLAS 2018, PolyOne today announced that OnColor™ Brilliant Metallic Colorants, introduced late la
https://www.avient.com/news/archives?page=8
ABRE Sustainability Forum to Include Highlights from Avient’s Sustainable Color and Additives Solutions
The Avient Color and Additives team for LATAM will showcase sustainable solutions and services for consumer goods and packaging at the ABRE Sustainabi
Avient Corporation addresses major trends and challenges in the polymer industry at Chinaplas 2024 with innovative colorants, additives, and services
https://www.avient.com/sites/default/files/2023-01/CFA Product Selection Guide.pdf
Available in masterbatch
pellets, powder form or liquid, they utilize
endothermic, exothermic or an endothermic/
exothermic blend of chemistries to fit the required
applications.
Product
Product
Type Initiation
Optimum
Gas Yield
Gas Yield
POWDER
Hydrocerol
BIH PEAUFF Endo 140 160 140–150
EVA, polyethylene,
PE copolymers,
TPEs/TPOs, PVC
Hydrocerol
Compound EMASAD Endo 140 200 135–145
Polyethylene,
polypropylene,
TPEs/TPOs, styrenes,
acrylics, TPUs,
POM, PVC
Hydrocerol
HK EMA0766025 Endo 200 210 135–145
Polypropylene,
styrenes, acrylics,
Hydrocerol
1480 EMA0766027 Endo-Exo 140 180 240–259
EVA, polyethylenes,
PE copolymers,
TPEs/TPOs, styrenes,
acrylics, PVC
Product
Product
Type Initiation
Optimum
Gas Yield
Gas Yield
MASTERBATCH
Hydrocerol
862 PLASAD Endo 140 160 10–20 • Sink mark removal
EVA, polyethylene,
PE compolymers,
Hydrocerol
BIH-40-E PLASAF Endo 140 160 55–65
EVA, polyethylene,
PE compolymers,
Hydrocerol
1004 PEAUFQ Endo 140 160 80–90 • Weight reduction
EVA, polyethylene,
PE compolymers,
Hydrocerol
CF-5-E PEASCF Endo 140 200 5–10 • Sink mark removal
Polyethylene,
polypropylene,
TPEs/TPOs, styrenes,
Hydrocerol
1602 PRASAD Endo 140 200 50–60
Polyethylene,
polypropylene,
TPEs/TPOs, styrenes,
Hydrocerol
PEA0820021 PEA0820021 Endo 140 200 25–35
Styrenes
Hydrocerol
PEA08200095 PEA0820095 Endo-Exo 140 180 100–120
PVC
Hydrocerol
ITP-820 PRAN698588 Endo 200 210 5–10 • Sink mark removal
EVA, polyethylene,
PE copolymers,
TPEs/TPOs, PVC
Hydrocerol
HK-40-E PLASAH Endo 200 210 55–65
Polyethylene,
polypropylene,
TPEs/TPOs, styrenes,
acrylics, TPUs,
POM, PVC
Hydrocerol
CT-3205-B OMA0698633 Endo 200 210 50–60
PLA
Hydrocerol
1135 PEAN698616 Exo 170 190 20–30 • Sink mark removal
Polyethylene,
polypropylene,
TPEs/TPOs, styrenes,
Hydrocerol
8418M PHA0698418 Exo 170 190 50–60
Polyethylene,
polypropylene,
TPEs/TPOs, styrenes,
Product
Product
Type Initiation
Optimum
Gas Yield
Gas Yield
MASTERBATCH
Hydrocerol
141 PEASCH Exo 200 210 10–20 • Sink mark removal
Polypropylene,
styrenes, acrylics,
Hydrocerol
1191 PRAN698433 Exo 200 210 55–65
Polypropylene,
styrenes, acrylics,
Hydrocerol
NBA0820012 NBA0820012 Exo 240 260 25–35
Polyesters,
high-temperature
resins
Hydrocerol
XH-901 SAASCC Exo 240 260 30–40
Polycarbonate blends,
polycarbonate,
high-temperature
resins
Hydrocerol
1376-4 PRAN698541 Endo-Exo 200 210 90–100
Polypropylene,
styrenes, acrylics,
polyamides, PVC
LIQUID
Excelite
FA-37 CC10212522 Endo-Exo 120 140 65–75 • Weight reduction/
WPC Polyethylene
Excelite
PF-1 CC01053625 Endo-Exo 120 140 55–65 • Weight reduction Vinyl
Excelite
FA-185 CC10303252 Endo 140 200 75–85 • Weight reduction
• Direct gas assist Polyolefin
Excelite
Foam PPRO CC10250288 Endo 160 200 50–60 • Weight reduction
• Warpage reduction Polypropylene
Excelite
FA-77 CC10232527 Endo-Exo 120 140 85–95 • Weight reduction/
WPC Polyethylene
Excelite
FA-108 CC10290626 Endo 180 200 55–65 • Weight reduction
• Sink mark removal Polyolefin
Excelite
FA-112 CC10313065 Endo 140 200 50-60 • Weight reduction
• Sink mark removal Polyolefin
1.844.4AVIENT
www.avient.com
Copyright © 2022, Avient Corporation.
https://www.avient.com/industries/packaging/beverage-packaging
They're also increasingly drawn to new shapes, colors, and ergonomic designs.
Boost consumer engagement with colorants and special effects that also streamline production and increase cost efficiency.
Color Cosmetics
https://www.avient.com/products/engineered-polymer-formulations
Colorant Chromatics™ Conductive Formulations
Colorant Chromatics™ Crosslinked Formulations
Colorant Chromatics™ Reinforced Formulations
https://www.avient.com/investor-center/news/avient-announces-record-fourth-quarter-and-full-year-2021-results
The company acquired Clariant's color ("Clariant Color") business on
Color, Additives and Inks
Color, Additives and Inks
https://www.avient.com/sites/default/files/2023-03/Avient Annual Report 2022.pdf
We are also a highly
specialized developer and manufacturer of performance enhancing additives, liquid colorants and fluoropolymer and
silicone colorants.
We are also a highly
specialized developer and manufacturer of performance enhancing additives, liquid colorants and fluoropolymer and
silicone colorants.
We are also a highly
specialized developer and manufacturer of performance enhancing additives, liquid colorants, and fluoropolymer
and silicone colorants.
https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520Wells%2520Fargo%252005%252008%25202014%2520w%2520non%2520GAAP.pdf
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to:
The final amount of charges resulting from the planned North American asset realignment and the Company’s ability to realize anticipated savings and
operational benefits from the asset realignment;
Our ability to achieve the strategic and other objectives relating to the acquisition of Spartech Corporation, including any expected synergies;
Our ability to successfully integrate Spartech and achieve the expected results of the acquisition, including, without limitation, the acquisition being
accretive;
Disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and
cost of credit in the future;
The financial condition of our customers, including the ability of customers (especially those that may be highly leveraged and those with inadequate
liquidity) to maintain their credit availability;
The speed and extent of an economic recovery, including the recovery of the housing market;
Our ability to achieve new business gains;
The effect on foreign operations of currency fluctuations, tariffs, and other political, economic and regulatory risks;
Changes in polymer consumption growth rates in the markets where we conduct business;
Changes in global industry capacity or in the rate at which anticipated changes in industry capacity come online;
Fluctuations in raw material prices, quality and supply and in energy prices and supply;
Production outages or material costs associated with scheduled or unscheduled maintenance programs;
Unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters;
An inability to achieve or delays in achieving or achievement of less than the anticipated financial benefit from initiatives related to working capital
reductions, cost reductions, employee productivity goals, and an inability to raise or sustain prices for products or services;
An inability to raise or sustain prices for products or services;
An inability to maintain appropriate relations with unions and employees;
The inability to achieve expected results from our acquisition activities;
Our ability to continue to pay cash dividends;
The amount and timing of repurchases of our common shares, if any; and
Other factors affecting our business beyond our control, including, without limitation, changes in the general economy, changes in interest rates and
changes in the rate of inflation.
• The above list of factors is not exhaustive.
• We undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise.
Use of Non-GAAP Measures
Page 3
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
Confirmation of Our Strategy
The World’s Premier Provider of Specialized
Polymer Materials, Services and Solutions
Specialization Globalization
Operational
Excellence
Commercial
Excellence
-150.00%
-50.00%
50.00%
150.00%
250.00%
350.00%
450.00%
PolyOne S&P 500 Russell 2000 Dow Jones Chemical
All time high of
$39.28
April 4th, 2014
• 18 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 6
Appliance
4%
Building &
Construction
13%
Wire & Cable
9%
Electrical &
Electronics
5%
Consumer
10%Packaging
16%
Industrial
12%
HealthCare
11%
Transportation
18%
Misc.
2%
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
Ad
ju
st
ed
E
ar
ni
ng
s P
er
S
ha
re
2013 Revenues: $3.8 Billion
End Markets
2013 Revenues: $3.8 Billion
EPS
Page 7
PolyOne
At A Glance
United
States
67%
Europe
14%
Canada
7% Asia
6%
Latin
America
6%
Specialty
54%
PP&S
18%
Distribution
28%
Mix Shift Highlights Specialty Transformation
Page 8
Old
PolyOne Transformation
*Operating Income excludes corporate charges and special items
2%
34% 43%
62% 64%
0%
20%
40%
80%
2005 2008 2010 2013 Q1 2014 2015
%
o
f O
pe
ra
tin
g
In
co
m
e*
JV's Performance Products & Solutions Distribution Specialty
65-75%
Specialty OI $5M $46M $87M $195M $60M Target
2015
Target
Proof of Performance & 2015 Goals
Page 9
2006 Q1 2014 2015
“Where we were” “Where we are” Target
1) Operating Income %
Specialty:
Global Color, Additives & Inks 1.7% 13.8% 12 – 16%
Global Specialty Engineered
Materials 1.1% 11.6% 12 – 16%
Designed Structures & Solutions -- 6.5% 8 – 10%
Performance Products &
Solutions 5.5% 7.7% 9 – 12%
Distribution 2.6% 6.1% 6 – 7.5%
2) Specialty Platform % of
Operating Income 6.0% 64% 65 – 75%
3) ROIC* (after-tax) 5.0% 9.4% 15%
4) Adjusted EPS Growth N/A 42% Double Digit
Expansion
*ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period
Bridge to $2.50 Adjusted EPS by 2015
2015 EPS: $2.50
2013 EPS: $1.31
Continued Gross Margin
Expansion
Mergers & Acquisitions
Spartech Accretion
Incremental share buybacks
Ongoing LSS Programs
(50-100 bps/yr)
Accelerated Innovation
& Mix Improvement Several Levers to
Drive Growth
Mid single digit revenue CAGR
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 11
14.3%
30.7%
2006 2013
Specialty Platform
Gross Margin %
19.5%
42.0%
2006 Q1 2014
Healthcare
Consumer
Packaging and Additive Technology
Transportation
Page 12
Unique and Innovative Solutions
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
60%
100%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2008 2014
Pension Funding**
As of March 31, 2014
Debt Maturities & Pension Funding – 3/31/14
Net Debt / EBITDA* = 1.9x
$48
$317
$600
$0
$100
$200
$300
$400
$500
$600
$700
$800
2015 2020 2023
Debt Maturities
As of March 31, 2014
($ millions)
Coupon Rates: 7.500% 7.375% 5.250%
** includes US-qualified pension plans only *TTM 3/31/2014
Free Cash Flow and Strong Balance Sheet
Fund Investment / Shareholder Return
$0.16
$0.20
$0.24
$0.32
$0.10
$0.20
$0.30
$0.40
2011 2012 2013 2014
Annual Dividend
Expanding our sales,
marketing, and technical
capabilities
Investing in operational and
initiatives that drive
profitability growth
Manufacturing realignment
Targets that expand our:
• Specialty offerings
• End market presence
• Geographic footprint
• Operating Margin
Synergy opportunities
Adjacent material solutions
Repurchased 1.4 million
shares in Q1 2014
Repurchased 6.4 million
shares since April 2013
13.6 million shares are
available for repurchase
under the current
authorization
Organic
Growth
Acquisitions
Share
Repurchases
Dividends
The New PolyOne: A Specialty Growth Company
Why Invest In PolyOne?
Platform operating income mix percentage 2005Y* 2008Y* 2010Y* 2013Y 2014 Q1
Global Specialty Engineered Materials $ 0.4 $ 17.6 $ 49.7 $ 57.2 $ 18.3
Global Color, Additives and Inks 4.3 28.1 37.7 104.0 30.4
Designed Structures and Solutions - - - 33.4 11.2
Specialty Platform $ 4.7 $ 45.7 $ 87.4 $ 194.6 $ 59.9
Performance Products and Solutions 75.7 31.3 54.0 56.0 16.0
Distribution 19.5 28.1 42.0 63.3 17.2
SunBelt Joint venture 91.9 28.6 18.9 - -
Corporate (51.5) (425.1) (27.7) (82.4) (36.7)
Operating income (loss) GAAP $ 140.3 $ (291.4) $ 174.6 $ 231.5 $ 56.4
Less: Corporate operating expense 51.5 425.1 27.7 82.4 36.7
Operating income excluding Corporate $ 191.8 $ 133.7 $ 202.3 $ 313.9 $ 93.1
Specialty platform operating mix percentage 2% 34% 43% 62% 64%
* Historical results include the Resin and Specialty Coatings businesses within the Performance Products and Solutions segment.