https://www.avient.com/sites/default/files/2022-11/WPC Sheet Decking Application Snapshot.pdf
WOOD PLASTIC
COMPOSITE (WPC) MFG
S H E E T A N D D E C K I N G
• Lightweighting solution offering energy savings and manufacturing
efficiencies
• Reduced downtime associated with poor quality rejections
• Consistent and uniform cell structure in decking material
• Compatibility with mono-core extrusion formula (rice hull bio-filler
and virgin PVC) when used with a chemical foaming additive
• Density control of 0.60-0.65 g/cc in production
• Provided a CFA solution that offered energy
savings, process optimization, and extended
manufacturing run times
• Enabled improved performance results and
enhanced process control
• Allowed tighter tolerance control with uniform cell
structure, eliminating voids and surpassing
density target ($100K savings)
• Increased productivity and aesthetic finish with
secondary operations (sanding)
KEY REQUIREMENTS
Excelite™ Chemical Foaming Additives (CFA)
WHY AVIENT?
AVIENT SOLUTION
LIGHTWEIGHTING + IMPROVED QUALITY
LEARN MORE
Copyright © 2022, Avient Corporation.
https://www.avient.com/products/polymer-additives/foaming-agents/excelite-chemical-foaming-additives
https://www.avient.com/sites/default/files/2022-04/Ext Building Products OEM Application Snapshot.pdf
Ext Building Products OEM Application Snapshot
EXTERIOR BUILDING
PRODUCTS OEM
S H E E T / P R O F I L E E X T R U S I O N
• Source a cost competitive and effective chemical foaming
additive (CFA) with prompt availability
• Incorporate a CFA lightweighting solution with consistent
cell structure and density for better overall operational
performance
• Improve material usage while manufacturing on both
single and twin screw processing equipment
• Met customer needs and timing with
effective and efficient CFA solutions
• Provided formulations that improved the
dispersion and efficacy for optimized
performance and control in manufacturing
• Offered application and processing
expertise focused on specific customer
manufacturing assets and operations,
allowing improved material usage and
reduced operational costs
Hydrocerol™ and Excelite™ CFAs
KEY REQUIREMENTS
WHY AVIENT?
AVIENT SOLUTION
LIGHTWEIGHTING + PERFORMANCE
LEARN MORE
Copyright © 2022, Avient Corporation.
https://www.avient.com/products/polymer-additives/foaming-agents
https://www.avient.com/sites/default/files/2025-02/MAXXAM Busbar Carrier EV Battery Application Snapshot.pdf
Automotive OEM
AUTOMOTIVE OEM
B U S B A R C A R R I E R F O R E V
B A T T E R Y
• Non-halogen solution
• Flame performance to UL 94 V-0 @ 1.6 mm, GWFI 960°C
@ 2mm
• Excellent mechanical properties
• Easy to process
• Heat stabilized and high flow properties
• Provide a non-halogenated solution with
increased performance
• Supported our customer throughout the
project with design, regulatory and technical
expertise
• Helped to achieve the rigid requirements of
EV battery applications
Maxxam NHFR Non-Halogen Flame
Retardant Polyolefin Formulation
KEY REQUIREMENTS
WHY AVIENT?
AVIENT SOLUTION
NON-HALOGEN FLAME RETARDANT
LEARN MORE
Copyright © 2025, Avient Corporation.
All Rights Reserved
https://www.avient.com/products/engineered-polymer-formulations/flame-retardant-formulations/maxxam-fr-flame-retardant-formulations-and-maxxam-nhfr-non-halogen-flame-retardant-formulations
Automotive OEM
https://www.avient.com/sites/default/files/2025-03/ECCOH XL Cable Insulation Case Study Snapshot.pdf
POWER CABLE
PRODUCER
C A B L E I N S U L A T I O N
• Easy to process
• To pass CPR fire test
• Low smoke and toxicity values on smoke test
• Possibilities for low-voltage cables
• Cable insulation that passed G18 of the CEI EN 50363-0:
2015 standard
• Offered Sioplas technology for cross-linking
providing ambient curing
• Delivered new cable design possibilities for low-
voltage cables while offering easy processing
• Processed more efficiently than market-
established elastomeric technology which is
processed using a CV line
• Provided cable insulation that passes the hot set
test at 250°C
ECCOH XL Cross-Linkable Solutions 8054
KEY REQUIREMENTS
WHY AVIENT?
AVIENT SOLUTION
NEW CABLE DESIGN POSSIBILITIES
LEARN MORE
Copyright © 2025, Avient Corporation.
All Rights Reserved
https://www.avient.com/products/engineered-polymer-formulations/sustainable-formulations/eccoh-xl-cross-linkable-solutions
Power cable producer
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520-%2520RW%2520Baird%25202015%2520Industrial%2520Conference%2520-%2520November%25202015.pdf
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
Specialty
52%
69%
13%
7% Asia
2014 Revenues: $3.8 Billion
End Markets
2014 Revenues: $3.8 Billion
PolyOne
At A Glance
$0.12
$0.27 $0.21 $0.13
$0.68
$0.82
$1.00
$1.31
$1.80
2006 2007 2008 2009 2010 2011 2012 2013 2014
Adjusted EPS
PolyOne Corporation Page 6
Old
PolyOne
*Operating Income excludes corporate charges and special items
2%
34% 43%
62%
65% 66%
0%
20%
40%
60%
80%
100%
2005 2008 2010 2013 2014 YTD 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 $183M
Mix Shift Highlights Specialty Transformation
Transformation
2020
Platinum
Vision
Platinum
Vision
PolyOne Corporation Page 7
Confirmation of Our Strategy
Specialization Globalization
Operational
Excellence
Commercial
Excellence
Driven by our core values of Collaboration, Innovation and Excellence, we are the
world’s premier provider of specialized polymer materials, services and solutions
PolyOne Corporation Page 8
2006 YTD 2015 2020
“Where we were” “Where we are” Platinum Vision
1) Operating Income %
Specialty:
Global Color, Additives & Inks 1.7% 17.2% 20%+
Global Specialty Engineered
Materials 1.1% 15.1% 20%+
Designed Structures & Solutions 1.4% (2012) 3.5% 12 – 14%
Performance Products &
Solutions 5.5% 8.1% 10 – 12%
Distribution 2.6% 6.6% 6.5 – 7.5%
2) Specialty Platform % of
Operating Income 6.0% 66% 80%+
3) ROIC 5.0% 11.9% 15%
4) Adjusted EPS Growth N/A
24 Consecutive
Quarters of YOY
EPS Growth
Double Digit
Expansion
Proof of Performance & 2020 Goals
PolyOne Corporation Page 9
Innovation Drives Earnings Growth
*Percentage of Specialty Platform revenue from products introduced in last five years
$20
$52
2006 TTM
Research & Development
Spending
($ millions)
Specialty Platform
Vitality Index Progression*
14%
28%
2006 TTM
Specialty Platform
Gross Margin %
12%
43%
2006 TTM
Specialty Vitality Index Target ≥ 35%
TTM 9/30/15 TTM 9/30/15 TTM 9/30/15
PolyOne Corporation Page 10
Innovation Pipeline Potential
Prototype Frame
Opportunity
Scale-up & Test
Market
Build
Business Case
Commercial
Launch
Phase 1 Phase 2 Phase 3 Phase 4 Phase 5
12
4
9
6
1
6
3 7 4
5
6
1
1
7
2
Breakthrough
Platform
Derivative
Number of Projects 12 10 23 19 10 74
Specialty
Addressable Market
($ millions)
- - $1,150 $1,000 $250 $2,400
PolyOne Corporation Page 11
Lightweighting with Advanced Composites
Increasing Healthcare Penetration
Innovation Initiatives
Expansion in Consumer Markets
New Market Development
$$$ $$ $
High Temperature Polymers
PolyOne Corporation Page 12
Design and Service as a Differentiator
Right Material &
Color
Desired
Product Design
Appropriate
Manufacturing Process
Delivering Concept to
Commercialization
Connecting
the Dots with
iQ Design Labs and
InVisiO Color Design
PolyOne Corporation Page 13
Customer First Through World-Class Service
Strengthening relationships through:
Providing LSS services to small/medium sized customers
• Supporting customers who lack their own formal process improvement initiatives
Providing training in Customer Centric Selling Skills with customers’
sales force
PolyOne Corporation Page 14
60%
97%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2008 Q3 2015
Pension Funding**
As of September 30, 2015
Debt Maturities & Pension Funding
Net Debt / Adjusted EBITDA** = 2.1x
$49
$121
$317
$600
$400
$0
$100
$200
$300
$400
$500
$600
$700
$800
2015 2018 2020 2023
Debt Maturities
As of September 30, 2015
($ millions)
Coupon Rate: 7.500% Variable* 7.375% 5.250%
** includes US-qualified pension plans only *Weighted average rate on revolver was 2.49% as of 9/30/15 **TTM 9/30/2015
PolyOne Corporation Page 15
Free Cash Flow and Strong Balance Sheet
Fund Investment / Shareholder Return
Expanding our sales,
marketing, and
technical capabilities
Investing in operational
and LSS initiatives
~75% of capital
expenditures fund
growth initiatives Organic
Growth
Acquisitions
Share
Repurchases
Dividends
$0.16
$0.20
$0.32
$0.40
$0.48
$0.10
$0.20
$0.30
$0.40
$0.50
2011 2012 2013 2014 2015 2016
Annual Dividend
Targets that expand
our:
• Specialty offerings
• End market
presence
• Geographic breadth
Synergy opportunities
Adjacent material
solutions
Repurchased nearly
2.4 million shares in Q3
2015
Repurchased 14.8
million shares since
early 2013
5.2 million shares are
available for
repurchase under the
current authorization
$0.24
PolyOne Corporation Page 16
The New PolyOne: A Specialty Growth Company
Why Invest In PolyOne?
Addressable market exceeds $40 billion
Strong performance demonstrates that our strategy and execution
are working
Megatrends and emerging opportunities align with our strengths
Innovation and services provide differentiation, incremental pricing
power, and competitive advantage
Strong and proven management team driving growth and
performance
PolyOne Corporation Page 17
Appendix
PolyOne Corporation Page 18
$0.20
$0.28
$0.36
$0.49 $0.54
$0.00
$0.15
$0.30
$0.45
$0.60
Q3'11 Q3'12 Q3'13 Q3'14 Q3'15
Adjusted EPS
Q3 2015 Financial Highlights
Color Additives & Inks operating
margin reaches record third quarter
level of 17.3%
Specialty Engineered Materials
operating margin grew 210 basis
points year-over-year to 14.7%
Third quarter adjusted EPS has
grown on average 28% per year
since 2011
$13
$19
$29 $30
$35
$0
$10
$20
$30
$40
Q3'11 Q3'12 Q3'13 Q3'14 Q3'15
GCAI Operating Profit
$11
$13
$15
$18
$20
$10
$14
$18
$22
Q3'11 Q3'12 Q3'13 Q3'14 Q3'15
GSEM Operating Profit
Note: $ in millions, except per share data
PolyOne Corporation Page 19
Building &
7%
Electrical &
1%
31% Textiles
7%
12% 1.7%
4.6% 5.1% 5.5%
7.2% 8.1%
9.7%
12.2%
17.2%
20%+
2006 2007 2008 2009 2010 2011 2012 2013 2014 YTD
2015
2020
Operating Income % of Sales
At a Glance
Global Color, Additives and Inks
2014 Revenues: $0.9 Billion Solutions
Expanding Profits 2014 Revenue by Industry Segment
14.7%
Platinum
Vision
44%
36%
PolyOne Corporation Page 20
4% Building &
18%
Electrical &
16%
At a Glance
Global Specialty Engineered Materials
2014 Revenues: $0.6 Billion Solutions
2014 Revenue by Industry Segment Expanding Profits
1.1% 1.3%
3.4%
5.1%
9.6%
8.0% 8.6% 9.3%
15.1%
20%+
2006 2007 2008 2009 2010 2011 2012 2013 2014 YTD
2015
2020
Operating Income % of Sales
Platinum
Vision
12.1%
44%
33%
19%
PolyOne Corporation Page 21
2% Building &
23%
27%
30%
96%
At a Glance
Designed Structures and Solutions
Solutions 2014 Revenues: $0.6 Billion
Expanding Profits 2014 Revenue by Industry Segment
1.4%
5.6%
7.3%
3.5%
12-14%
2012 2013 2014 YTD 2015 2020
Operating Income % of Sales
Platinum
Vision
PolyOne Corporation Page 22
Building &
33%
5% Electrical &
1%
11%
18%
16%
5.5%
6.9%
3.8% 3.6%
5.5%
4.3%
6.3%
7.2%
8.1%
2006 2007 2008 2009 2010 2011 2012 2013 2014 YTD
2015
2020
Operating Income % of Sales
At a Glance
Performance Products and Solutions
Solutions
Expanding Profits
2014 Revenues: $0.8 Billion
10-12%
Platinum
Vision
2014 Revenue by Industry Segment
7.7%
PolyOne Corporation Page 23
Building &
13%
Electrical &
23%
15%
25%
2.6%
3.0%
3.5%
4.0%
4.6%
5.6%
6.4% 5.9%
6.6% 6.5-7.5%
2006 2007 2008 2009 2010 2011 2012 2013 2014 YTD
2015
2020
Operating Income % of Sales
15%
52%
2006 Q3 2015
At a Glance
Distribution
Key Suppliers 2014 Revenues: $1.1 Billion
ROIC Expanding Profits
6.1%
Platinum
Vision
http://www.avient.com/Pages/VariationRoot.aspx
PolyOne Corporation Page 24
2 lbs Plastic
=
3 lbs aluminum
or
8 lbs steel
or
27 lbs glass
33% less material by weight
than aluminum
75% less material by weight
than steel
93% less material by weight
than glass
Requires 91% less energy to
recycle a pound of plastic versus
a pound of paper
Source: SPI: Sustainability and the Plastics Industry
Plastics: Key to Future Sustainable Development
PolyOne Corporation Page 25
Commitment to Operational Excellence
81%
93%
2006 2014
16.2%
9.9%
2006 2014
On-Time Delivery
Working Capital % of Sales
5%
43%
2006 2014
Percent of Associates Trained in LSS
Five consecutive years – CFO Magazine
Best Working Capital Management in the
chemical industry
World’s Best Business
Process Excellence
Program in 2012*
113 trained Black Belts
235 trained Green Belts
151 trained Kaizen Leaders
World’s Best Start-up
Program for Lean Six Sigma
Deployment in 2009*
*Both awards received from International Quality and Productivity Center
PolyOne Corporation Page 26
Application Examples
PolyOne Corporation Page 27
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
Source: Outdoor Industry Association
PolyOne Corporation Page 28
$1.5 billion attractive, growing market
Additives improve performance and reduce cost
through light-weighting, reduced waste, faster
cycle times, and extended shelf life of finished
product
Aligned with megatrend of protecting the
environment:
Sustainability benefits include lower
package weight and improved recyclability
of package at end of use
Market Opportunity
Leading Global Supplier of Additives In Growing PET Market
Shelf-life extension
Greater product
consistency
Recyclability and
reduced carbon
footprint
Color and Special
Effects
Weight reduction
Enhanced product
aesthetics
High heat resistance
PET Bottling Technology
0.0
10.0
20.0
30.0
40.0
50.0
60.0
70.0
2009 2014 2019
Asia Pacific North America
Latin America Western Europe
Eastern Europe Middle East and Africa
Global PET Packaging Growth 2009-2019
Source: Euromonitor retail off-trade consumption (PET bottles & jars, home care, personal care,
food & non-alcoholic beverages)
B
ill
io
n
un
its
5% CAGR
PolyOne Corporation Page 29
• Includes formulation and
consultative services to assist
manufacturers and brand owners in
positively identifying their finished
goods
• Protects brand equity & consumer
welfare
• Reduces exposure to unwarranted
recall expenses
• Secures supply chain integrity –
support for safe expansion into new
geographies
Authentication Technology
PolyOne Corporation Page 30
• Color harmonization across
15 unique color-and-polymer
combinations
• Eliminated need for multiple pre-
colored materials
• Reduced Land Rover’s working
capital
2015 Range Rover Evoque Interior
PolyOne Corporation Page 31
• Reduced health and
environmental impact
• System cost reduction
• Radiation-shielding
performance
• Parts consolidation
• Design freedom
CT Scanner
PolyOne Corporation Page 32
Metal Replacement Solutions
• Replaces metal in LED lighting
• Extends LED durability and life
span eliminating hot spots
• Greater design flexibility with
fewer parts
• Weight reduction
• Simplifies manufacturing and
lowers total production cost
PolyOne Corporation Page 33
High-Barrier Packaging Containers
• Capability to extrude up to 13
layers
• Strong oxygen and moisture
vapor transmission protection
• Can be made symmetrical or
asymmetrical to meet
customized needs of broad
variety of applications
• Barrier protection and superior
sensory properties
PolyOne Corporation Page 34
Aerospace Applications
• Leading provider of specialty materials
for the aerospace industry
• Typical applications
Mil-spec aircraft windows, canopies,
windscreens, instrument panels,
wingtip lenses
Interior – gallery furnishings, tray
tables, arm rests, trim strips, joint/edge
coverings
• Benefits:
High impact strength
Resistant to UV rays
Flame and smoke compliance
Easy to clean with aggressive cleaners;
anti-microbial grades available
Range of sizes, thicknesses, colors, etc.
Appendix
Q3 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
Outdoor Applications
Slide Number 28
Authentication Technology
2015 Range Rover Evoque Interior
Slide Number 31
Metal Replacement Solutions
High-Barrier Packaging Containers
Aerospace Applications
Baird Non GAAP Rec.pdf
Baird - November 10, 2015
https://www.avient.com/sites/default/files/2020-10/coffee-capsules-case-study.pdf
Coffee Capsules case study
DESIGN FOR
COMPOSTING
C O F F E E C A P S U L E S
• Compliance with European Standard EN 13432
• Biodegradable and compostable solutions
approved by certified body (TÜV Austria)
• Color customization for various kind of
biopolymers
• Formulation expertise and regulatory
assistance
OnColor™ Bio-Colorants
KEY REQUIREMENTS
WHY AVIENT?
AVIENT SOLUTION
SUSTAINABILITY
LEARN MORE
Copyright © 2020, Avient Corporation.
https://www.avient.com/products/polymer-colorants/solid-color-masterbatches/oncolor-bio-colorants
https://www.avient.com/sites/default/files/2024-05/Avient Zertifikat englisch - 2024.pdf
Bergmann GmbH
Adolf-Dambach-Str. 2-4
76571 Gaggenau
the introduction and application of a management system according to
ISO 50001:2018
scope:
Delelopment and production of technical Polymers; at the sites according to
appendix.
Bergmann GmbH
Adolf-Dambach-Str. 2-4
76571 Gaggenau
c/o Avient ECCOH High Performance Solutions GmbH
Oldendorfer Straße 9, 49324 Melle
Production of technical Polymers
https://www.avient.com/sites/default/files/2021-01/complet-lft-scorpyd-crossbow.pdf
AVIENT SOLUTION
DESIGN SERVICES + WEIGHT REDUCTION
LEARN MORE
Copyright © 2020, Avient Corporation.
Kempf
https://www.avient.com/products/engineered-polymer-formulations/high-temperature-polymer-formulations/compl%C4%93t-long-fiber-reinforced-structural-thermoplastics
https://www.avient.com/sites/default/files/2020-07/case-study-one-pager-nymax-pir-archery-cam-module.pdf
AVIENT SOLUTION
DURABILITY
LEARN MORE
Copyright © 2020, Avient Corporation.
https://www.avient.com/products/engineered-polymer-formulations/general-engineered-formulations/nymax-bergamid-polymer
Leading Archery OEM
https://www.avient.com/sites/default/files/2021-08/trilliant-surgical-stapler-housing-case-study-one-pager.pdf
HEALTHCARE
DEVICE OEM
S U R G I C A L S T A P L E R
H O U S I N G
• Easy-to-mold, durable, and good aesthetics
• Excellent disinfection performance and good chemical
resistance
• Compatible with high- and low-temperature sterilization
• Delivered durable and aesthetically pleasing
specialty polymer with the added benefit of
processing flexibility without retooling
• Passed physical, chemical and disinfection
tests in different testing conditions which
proved good tensile strength and chemical
resistance
• Achieved consistent molding shape and
properties
Trilliant™ HC Thermoplastics
KEY REQUIREMENTS
WHY AVIENT?
AVIENT SOLUTION
CHEMICAL RESISTANCE + EASY PROCESS
LEARN MORECopyright © 2021, Avient Corporation.
https://www.avient.com/products/engineered-polymer-formulations/chemical-corrosion-resistant-formulations/trilliant-hc-healthcare-thermoplastics