https://www.avient.com/sites/default/files/resources/PolyOne%25202018%2520Proxy%2520Statement.PDF
Powell
for one year, while a search is conducted for a new independent director.
In the past five years, the Committee has brought on five new independent
Directors.
Crist’s base salary was
increased from $355,000 to $395,000 (primarily to reflect his new responsibilities as Senior Vice President, President
of CAI); Mr.
https://www.avient.com/content/challenge-us
Why Avient?
Avient Design Makes Ideas Reality
Bring visionary new products to market with end-to-end development support.
https://www.avient.com/sites/default/files/resources/Forward%2520Looking%2520Statements%2520and%2520Non%2520GAAP%2520Measures.pdf
We undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise.
PolyOne’s chief operating decision makers use these financial measures to
monitor and evaluate the ongoing performance of the Company and each
business segment and to allocate resources.
In addition, operating income
before special items is a component of various PolyOne annual and long-term
employee incentive plans
https://www.avient.com/sites/default/files/resources/Universal_Polyamide_Overmold_Thermoplastic_Elastomer.pdf
Design,
functionality, asthetics, performance needs and value addition have opened the rigid substrate
selection from commodity plastics to various engineering thermoplastics and their alloys.
Customer demands for robust overmolding elastomers have increased
with global manufacturing vendors with various degrees of sophistication both in equipment,
accessories and facilities.
NEW POLYAMIDE OVERMOLD TECHNOLOGY
We have developed a universal polyamide OM TPE technology platform(4).
https://www.avient.com/news/avient-specialty-inks-showcases-its-long-standing-legacy-innovation-impressions-2025
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https://www.avient.com/sites/default/files/resources/NOVEL_THERMOPLASTIC_ELASTOMERS_FOR_UNIVERSAL_OVERMOLDING_ON_DISSIMILAR_THERMOPLASTICS.pdf
Most of the new TPEs are designed based on the
concept of matching the surface energy between the TPEs and the substrates.
This new technology opens up
unprecedented opportunities for new designs where the TPEs need to bond to dissimilar substrates.
Also,
this new technology can reduce cost by reducing the number of TPEs needed for different applications.
https://www.avient.com/sites/default/files/2021-11/avient-design-ergonomic-design-guide.pdf
Standard designs for steel and wood hammer
shafts were compared to a new polymer shaft
designed for injection molding.
New polymers containing recycled content are
being developed to reduce carbon emissions,
energy usage, waste and pollution.
Our design, engineering and technical
services can support every step of your new
product development process.
https://www.avient.com/sites/default/files/2020-05/polyone-investor-presentation-may-2020_0.pdf
Microsoft PowerPoint - PolyOne Investor Presentation 5.4.20_v8
P E O P LE
P RO D U CT S P LA N E T
P E RF O R MAN C E
JVs Performance Products & Solutions Distribution Specialty
To be the world’s
premier provider of
specialized polymer
materials, services and
solutions
To be the world’s
premier provider of
specialized polymer
materials, services
and sustainable
solutions
2016 2017 2018 2019
Lightweighting Reduced Material Requirements Improved Recyclability
Renewable Energy Applications Eco-conscious Bio-derived Content
Reduced Energy Use VOC Reduction
$275M
$325M
$355M
$410M 14% Total Annual Growth
9% Organic Annual Growth
PolyOne Corporation 33
Senior management uses comparisons of adjusted net income from continuing operations attributable to PolyOne shareholders and diluted adjusted earnings per share (EPS) from continuing
operations attributable to PolyOne shareholders, excluding special items, to assess performance and facilitate comparability of results.
Senior management believes these measures are useful to
investors because they allow for comparison to PolyOne's performance in prior periods without the effect of items that, by their nature, tend to obscure PolyOne's operating results due to the
potential variability across periods based on timing, frequency and magnitude.
Adjusted EPS attributable to PolyOne common shareholders is calculated as follows:
2009* 2010* 2011* 2012* 2013* 2014* 2015* 2016** 2017** 2018 2018***
Q1
2019*** 2019
Q1
2020
Net income from continuing operations attributable to PolyOne
common shareholders $ 106.7 $ 152.5 $ 153.4 $ 53.3 $ 94.0 $ 78.0 $ 144.6 $ 166.4 $ 173.5 $ 161.1 $ 87.7 $ 22.4 $ 75.5 $ 33.1
Joint venture equity earnings, after tax (19.0) (14.7) (3.7) — — — — — — — — — — —
Special items, before tax(1) (48.7) 24.2 (48.1) 55.1 46.3 164.2 87.6 23.8 32.9 59.5 58.7 12.2 61.7 9.6
Special items, tax adjustments(1) (27.2) (96.7) (24.7) (18.9) (13.7) (73.7) (58.7) (15.9) (24.8) (25.3) (25.1) (1.2) (5.9) (1.0)
Adjusted net income from continuing operations attributable to
PolyOne common shareholders $ 11.8 $ 65.3 $ 76.9 $ 89.5 $ 126.6 $ 168.5 $ 173.5 $ 174.3 $ 181.6 $ 195.3 $ 121.3 $ 33.4 $ 131.3 $ 41.7
Diluted shares 93.4 96.0 94.3 89.8 96.5 93.5 88.7 84.6 82.1 80.4 80.4 78.2 77.7 86.7
Adjusted EPS attributable to PolyOne common shareholders $ 0.13 $ 0.68 $ 0.82 $ 1.00 $ 1.31 $ 1.80 $ 1.96 $ 2.06 $ 2.21 $ 2.43 $ 1.51 $ 0.43 $ 1.69 $ 0.48
* Historical results are shown as presented in prior filings and have not been updated to reflect subsequent changes in accounting principle, discontinued operations or the related resegmentation.
** Pro forma for sale of Designed Structures and Solutions segment (DSS).
*** Pro forma for sale of Performance Products and Solutions segment (PP&S).
https://www.avient.com/sites/default/files/resources/Novel_Thermoplastic_Elastomers_with_Universal_Bonding_Characteristics.pdf
Most of the new TPEs are designed based on the
concept of matching the surface energy between the TPEs and the substrates.
This new technology opens up unprecedented opportunities
for new designs where the TPEs need to bond to dissimilar substrates.
Also, this new technology can reduce
cost by reducing the number of TPEs needed for different applications.
https://www.avient.com/sites/default/files/2022-04/Sustainable Material Answers_ Recycled PET 2022.pdf
From
here, the items are taken to a recycling facility.
Bottles made of PET or rPET can be recycled into new bottles or packaging.
Fortunately, there is new technology that can
analyze the color of the PET or rPET to be used for a new product and predict the
range of colors possible for the end product.