https://www.avient.com/sites/default/files/2021-05/renol-ul94-compliant-masterbatches-brochure.pdf
UL94 COMPLIANT
MASTERBATCHES
DESIGN &
SAFETY
High-impact colors and cutting-edge design are hugely important
to the success of today’s sleek, modern electrical and electronic
products.
Through compliance with these standards, the risk of fire can be minimized in case of failure in
the conductive part.
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/2023-06/AVNT June IR Conferences w_Non GAAP Recs.pdf
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to:
• 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 effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks;
• Changes in laws and regulations regarding plastics in jurisdictions where we conduct business;
• 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;
• Our ability to achieve strategic objectives and successfully integrate acquisitions, including Avient Protective Materials (APM);
• An inability to raise or sustain prices for products or services;
• Our ability to pay regular quarterly cash dividends and the amounts and timing of any future dividends;
• Information systems failures and cyberattacks;
• Amounts for cash and non-cash charges related to restructuring plans that may differ from original estimates, including because of timing changes associated with the underlying actions; and
• Other factors affecting our business beyond our control, including without limitation, changes in the general economy, changes in interest rates, changes in the rate of inflation and any recessionary conditions
Use of Non-GAAP Measures
This presentation includes the use of both GAAP (generally accepted accounting principles) and non-GAAP financial measures.
WHAT WE DO: WE ARE A FORMULATOR
6
CUSTOM
FORMULATION
M AY 3 , 2023
W EB CAS T
Keeping Safety First
o Relentless focus on best-in-class safety performance as an
ACC Responsible Care® organization
Exceeding Customer Expectations
o Complementary technologies and customer relationships offer
opportunity for future revenue synergies
o Proven innovation-led commercial strategy with strong brands
and participation across the full value chain
Collaboration in Innovation
o Leveraging Dyneema®, the world’s strongest fiber™, to
accelerate growth of sustainable, ultralight and high
performance applications
People – Culture is Everything
o Talented, passionate and collaborative associates drive an
effective integration strategy
o Strong Great Places to Work® scores reflect positive
integration efforts in first year
AVIENT PROTECTIVE MATERIALS INTEGRATION
8
AVIENT PROTECTIVE MATERIALS
K E Y I N D U S T R I E S
PERSONAL PROTECTION
Military • Law Enforcement • First
Responders • Body Armor • Helmets •
Vehicle Protection
50%
MARINE & SUSTAINABLE
INFRASTRUCTURE
Towing / Mooring • Aquaculture •
Floating Wind • Offshore Cranes
30%
CONSUMER
Consumer • Outdoor High Performance •
Safety Equipment
9
Figures reflect approximate proportions of 2022 sales
Q 1 P ER FO RM A N CE
Q1 2023 PERFORMANCE VS.
FX -11%
FX -3%
Total Avient -14%
YoY Comparison against 2022 pro forma results
• Aging infrastructure driving need for greater
technological advancements and upgrades
• Increased focus on strength and capacity
of electrical grid plays into further adoption
of composites into the market
UV, weather-resistance, customized
capabilities
Best-in-class customer responsiveness
Local high-quality manufacturing,
unparalleled breadth of portfolio
Expanding position in insulators, utility
poles, crossarms, and wind energy
Avient Confidential 16
ENERGY
16
• Fiber-optic investments from AT&T, Corning,
Commscope continue to drive industry toward
innovation
• $42B BEAD program in Infrastructure Bill to
increase cable deployments; well-positioned to
capitalize on “Made in America” requirement and
“last mile” buildout
Flame retardance, weather-resistance enables
faster, safer, more reliable connections
Local manufacturing, unparalleled breadth of
portfolio
Expanding position in insulation for wire
jacketing, 5G buildout
TELECOMMUNICATIONS
Source: U.S.
https://www.avient.com/sites/default/files/2022-05/DOC 1879.pdf
Does Avient conduct an in-process inspection
during manufacturing?
Yes
Are Inspections conducted to ensure
requirements are met prior to mass production?
Yes, inspections are conducted for all
transportation modes and records are maintained
and retained.
https://www.avient.com/sites/default/files/2020-07/case-study-one-pager-nymax-pir-marine-accessories.pdf
OUTDOOR HIGH
PERFORMANCE
MANUFACTURER
M A R I N E A C C E S S O R I E S
• High strength
• High UV resistance
• Structural stiffness
• Provided multiple nylon grades for several
marine accessories
• Complemented customer expertise with
application development insight and
technical support in material selection
• Eliminated supply concerns by serving as a
single, stable source for numerous materials
Nymax™ PIR Post-Industrial Recycled Nylon
Formulations
KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/products/engineered-polymer-formulations/eco-conscious-formulations/nymax-post-industrial-recycled
Outdoor High Performance manufacturer
https://www.avient.com/sites/default/files/2021-12/composite-vibratory-springs-case-study.pdf
Drawing on over 65 years of
composite expertise in manufacturing high performance
archery bow limbs - which require consistent, deep
deflection under high loads each time the bowstring is
pulled - the Gordon Composites team has translated
this technology into continuous fiber reinforced
composite springs that are specifically engineered to
meet the rigorous demands of vibratory conveyors.
High temperature formulations made flat springs
an economical option
Gordon Composites high-temp springs are specially
formulated to withstand temperatures up to 300˚F.
With a high-heat flat spring option,
manufacturers can potentially reduce overall conveyor
system costs compared to higher priced coil spring
systems.
https://www.avient.com/sites/default/files/2021-02/avient-ir-presentation-goldman-sachs-and-morgan-stanley.pdf
Investing in Innovation — Specialty companies invest to grow, so we ensure our
resources are concentrated on material science for high-growth end markets, poised for
value creation in the long term.
Being a Great Place to Work — We listen to feedback from our associates then take
action in building our high-performance culture and being a global employer of choice.
That’s Avient.
21,000+
CUSTOMERS
>75%
ARE CUSTOMIZED SOLUTIONS
TO UNIQUE SPECIFICATIONS
of
sales
AVIENT’S VALUE CREATION LEVERS
7
Exposure to high growth end markets
Investment in commercial resources and innovation
Strong free cash flow generation / capital deployment
Clariant Masterbatch synergies
COVID recovery
Re-Rating: Current share price valuation
Avient is poised for near-term and long-term
shareholder value creation.
https://www.avient.com/sites/default/files/2020-09/lubrione-processing-guide.pdf
PROBLEM CAUSE SOLUTION
Incomplete Fill Melt and/or mold
temperature too cold
Shot Size
• Increase nozzle and barrel temperatures
• Increase mold temperature
• Increase injection speed
• Increase pack and hold pressure
• Increase nozzle tip diameter
• Check thermocouples and heater bands
• Enlarge or widen vents and increase number of vents
• Check that vents are unplugged
• Check that gates are unplugged
• Enlarge gates and/or runners
• Perform short shots to determine fill pattern and verify
proper vent location
• Increase wall thickness to move gas trap to parting line
• Increase cushion
Brittleness Melt temperature too low
Degraded/Overheated material
Gate location and/or size
• Increase melt temperature
• Increase injection speed
• Measure melt temperature with pyrometer
• Decrease melt temperature
• Decrease back pressure
• Use smaller barrel/excessive residence time
• Relocate gate to nonstress area
• Increase gate size to allow higher flow speed and
lower molded-in stress
Fibers on Surface
(Splay)
Melt temperature too low
Insufficient packing
• Increase melt temperature
• Increase mold temperature
• Increase injection speed
• Increase pack and hold pressure, and time
Sink Marks Part geometry too thick
Melt temperature too hot
Insufficient material volume
• Reduce wall thickness
• Reduce rib thickness
• Decrease nozzle and barrel temperatures
• Increase shot size
• Increase injection rate
• Increase packing pressure
Flash Injection pressure too high
Excess material volume
Melt and/or mold
temperature too hot
• Decrease injection pressure
• Increase clamp pressure
• Decrease injection speed
• Increase transfer position
• Decrease pack pressure
• Decrease shot size
• Decrease injection speed
• Decrease nozzle and barrel temperatures
• Decrease mold temperature
• Decrease screw speed
TROUBLESHOOTING RECOMMENDATIONS
PROBLEM CAUSE SOLUTION
Excessive Shrink Too much orientation • Increase packing time and pressure
• Increase hold pressure
• Decrease melt temperature
• Decrease mold temperature
• Decrease injection speed
• Decrease screw rpm
• Increase venting
• Increase cooling time
Not Enough Shrink Too little orientation • Decrease packing pressure and time
• Decrease hold pressure
• Increase melt temperature
• Increase mold temperature
• Increase injection speed
• Increase screw rpm
• Decrease cooling time
Burning Melt and/or mold
temperature too hot
Mold design
Moisture
• Decrease nozzle and barrel temperatures
• Decrease mold temperature
• Clean, widen and increase number of vents
• Increase gate size or number of gates
• Verify material is dried at proper conditions
Nozzle Drool Nozzle temperature too hot • Decrease nozzle temperature
• Decrease back pressure
• Increase screw decompression
• Verify material has been dried at proper conditions
Weld Lines Melt front temperatures
too low
• Increase pack and hold pressure
• Increase melt temperature
• Increase vent width and locations
• Increase injection speed
• Decrease injection speed
• Increase gate size
• Perform short shots to determine fill pattern and verify
proper vent location
• Add vents and/or false ejector pin
• Move gate location
Warp Excessive orientation
• Increase cooling time
• Increase melt temperature
• Decrease injection pressure and injection speed
• Increase number of gates
Sticking in Mold Cavities are overpacked
Part is too hot
• Decrease injection speed and pressure
• Decrease pack and hold pressure
• Decrease nozzle and barrel temperatures
• Decrease mold temperature
• Increase cooling time
• Increase draft angle
• Decrease nozzle and barrel temperatures
• Decrease mold temperature
TROUBLESHOOTING RECOMMENDATIONS
Note: These are general processing conditions.
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/2022-04/Avient Announces Agreement to Acquire Dyneema_0.pdf
For 10 years, we have been building our advanced
composites platform by focusing on high-performance materials for applications where failure is
not an option.
Factors that could cause
actual results to differ materially from those implied by these forward-looking statements include,
but are not limited to: the time required to consummate the acquisition of the Dyneema business;
the satisfaction or waiver of conditions in the purchase agreement; completion of the consultation
process with the relevant Dutch works council; the ability to obtain required regulatory or other
third-party approvals and consents and otherwise consummate the proposed acquisition of the
Dyneema business; our ability to achieve the strategic and other objectives relating to the
proposed acquisition of the Dyneema business and possible sale of the distribution business;
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 effect
on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory
risks; the current and potential future impact of the COVID-19 pandemic on our business, results
of operations, financial position or cash flows; changes in polymer consumption growth rates and
laws and regulations regarding plastics in jurisdictions where we conduct business; 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 raise or sustain prices for products or services; information
systems failures and cyberattacks; 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.
https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520-%2520Credit%2520Suisse%2520-%2520June%25202015.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.
PolyOne Corporation Page 4
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
• Substantial EPS growth
from $0.13 to all-time
high of $1.80
• Shift to faster growing,
high margin, less
cyclical end markets
• Key acquisitions propel
current and future
growth, as well as
margin expansion
• Specialty mix expands
to 65% of Operating
Income – strongest mix
of earnings in history
• Accelerating growth
• Deliver consistent
double digit annual
EPS growth
• Maintain >35% vitality
index
• Pursue strategic
acquisitions that
expand specialty
offerings and
geographic breadth
• Invest and grow
current and next
generation talent
PolyOne Corporation Page 5
Building &
10%
Electrical &
11%
9%
Distribution
28%
PP&S
52%
69%
13%
7% Asia
2014 Revenues: $3.8 Billion
End Markets
2014 Revenues: $3.8 Billion
PolyOne
At A Glance
$13
$31
$46 $46
$87 $96
$122
$195
$242
2006 2007 2008 2009 2010 2011 2012 2013 2014
Specialty Operating Income ($M)
PolyOne Corporation Page 6
Old
PolyOne
*Operating Income excludes corporate charges and special items
2%
34% 43%
62%
65%
69%
0%
20%
40%
60%
80%
100%
2005 2008 2010 2013 2014 Q1 2015 2020
%
o
f O
pe
ra
tin
g
In
co
m
e*
JV's Performance Products & Solutions Distribution Specialty
80%+
Specialty OI $5M $46M $87M $195M $242M $60M
Mix Shift Highlights Specialty Transformation
Transformation
2020
Platinum
Vision
Platinum
Vision
PolyOne Corporation Page 7
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 8
-100%
0%
200%
300%
400%
500%
600%
Strategy and Execution Drive Results
$0.12
$0.27
$0.21
$0.13
$0.68
$0.82
$1.00
$1.31
$1.80
'06 '07 '08 '09 '10 '11 '12 '13 '14
‘06-‘14 Adjusted EPS CAGR = 40%
Adjusted EPS Share Price vs.
Appendix
Q1 2015 Financial Highlights
At a Glance�Global Color, Additives and Inks
At a Glance�Global Specialty Engineered Materials
At a Glance�Designed Structures and Solutions
At a Glance�Performance Products and Solutions
At a Glance�Distribution
Plastics: Key to Future Sustainable Development
Commitment to Operational Excellence
Application Examples
Slide Number 28
Authentication Technology
2015 Range Rover Evoque Interior
Slide Number 31
Metal Replacement Solutions
Next Generation Solar Charger
High-Barrier Packaging Containers
Aerospace Applications
Credit Suisse - June 25 2015 r2
Credit Suisse - June 25 2015
https://www.avient.com/investor-center/news/avient-announces-record-first-quarter-2021-results-increases-full-year-guidance
This is a direct result of the investments we have made to transform our portfolio to one that is more specialized and focused on high growth end markets with sustainable solutions," said
added, "We are an asset-light, high-touch business that generates very high free cash flow conversion.
Barrier technologies that preserve the shelf-life and quality of food, beverages, medicine and other perishable goods through high-performance materials that require less plastic