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POWER TOOL
MANUFACTURER
P I S T O N R I N G A N D
C O N N E C T I N G R O D F O R
P O W E R T O O L
• Exceptional mechanical properties
• Good wear and abrasion resistance
• High purity and light weight
• Worked directly with the manufacturer from
design to molding to better understand and
satisfy key requirements
• Improved strength, stiffness and stability
with one-stop technology service to best
meet customer’s needs
• Provided lightweighting solution to help
customer achieve its sustainability goal
Edgetek™ PK PEEK Formulation
KEY REQUIREMENTS
WHY AVIENT?
AVIENT SOLUTION
HIGH TEMPERATURE & STRENGTH
LEARN MORECopyright © 2021, Avient Corporation.
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AVIENT SOLUTION
Colorant Chromatics UV Laser Marking
Additives for FEP
LEARN MORE© 2024, Avient Corporation.
All Rights Reserved
https://www.avient.com/products/polymer-additives/laser-marking-additives/colorant-chromatics-uv-laser-marking-technology
Wire & cable manufacturer
https://www.avient.com/sites/default/files/2024-05/CCG Application Snapshot_PTFE Wire Insulation.pdf
PTFE Wire insulation
WIRE & CABLE OEM
P T F E W I R E I N S U L A T I O N
• Avoid contamination risks resulting from dry pigments
• Powder paste extrusion process
• High quality dispersion
• Availability of custom color options
• Optimized pigment particle size and distribution to
achieve high-quality dispersion
• Provided a technology based on high-quality
pigments and ready-to-use formulations
• Offered a liquid pigment portfolio as standard in a
wide range of shades with color-matching
capabilities
• Improved the stability and efficiency of the
manufacturing process
Colorant Chromatics PTFE Dispersed
Pigment Solutions
KEY REQUIREMENTS
WHY AVIENT?
AVIENT SOLUTION
PROCESSING + COLORABILITY
Copyright © 2024, Avient Corporation.
https://www.avient.com/sites/default/files/2021-03/wet-grip-tpe-surfco-wax-mat-case-study-one-pager.pdf
AVIENT SOLUTION
WET GRIP TECHNOLOGY
LEARN MORE
Copyright © 2021, Avient Corporation.
https://www.avient.com/sites/default/files/2020-08/specialty-dispersions-overview.pdf
Each batch is developed and
tested in house so you can rely on lot-to-
lot consistency with tight color tolerances.
We can help you
with your color development process in
meeting your performance needs and
tackling emerging industry specifications
across a range of applications.
www.avient.com
Copyright © 2020, Avient Corporation.
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520Sidoti%2520wNonGAAP%2520Rec.pdf
The non‐GAAP financial measures
i l d dj t d EPS i b f i t t t d i ti dinclude: adjusted EPS, earnings before interest, tax, depreciation and
amortization (EBITDA), adjusted EBITDA, net debt, Specialty platform operating
income, Specialty platform gross margin percentage, adjusted operating income,
return on invested capital, net debt/ EBITDA, and the exclusion of corporate p p
charges in certain calculations.
Page 3
Strategy and Execution Drive Results
90%
$22
$24
PolyOne
Stock Price
50%
$18
$20
$22
S&P 500 (relative performance)
30%
$12
$14
$16
S&P 500 (relative performance)
‐10%
10%
$6
$8
$10
50%
‐30%
$0
$2
$4
$
|
‐50%$0
2006 2007 2008 2009 2010 2011 2012 2013
Page 4
Four Pillar Strategy
The World’s Premier Provider of SpecializedThe World s Premier Provider of Specialized
Polymer Materials, Services & Solutions
Page 5
Spartech – Compelling Strategic Rationale
• Spartech expands PolyOne’s specialty portfolio with adjacent
technologies in attractive end markets
Bolt on acquisition with opportunity for global expansion as only Bolt‐on acquisition with opportunity for global expansion, as only
6% of Spartech’s revenues are outside of North America
• PolyOne has a proven management team with a track record of
transformational success
• Preliminary synergy estimated at $65 million run rate by end of
3year 3
Significant opportunity to expand profitability by leveraging
PolyOne’s four pillar strategy
• Substantial potential share price appreciation for all
shareholders
f f ll / $ Accretive to EPS in first full year post‐acquisition / $0.50 once
synergies realized
Page 6
Mix Shift Highlights Specialty Transformation
Old
PolyOne Transformation
100%
2015
Target
80%
In
co
m
e*
65 – 75%40%
60%
f O
pe
ra
tin
g
34% 43% 45%
65 75%
20%
o
f
2%0%
2005 2008 2010 2012 2015
Specialty OI $5M $46M $87M $114M Target
*Operating Income excludes corporate charges and special items
JV's PP&S Distribution Specialty
Page 7
Proof of Performance
2007 2012 2015
“Where we were” “Where we are” “Where we Where we were Where we are expect to be"
1) Operating Income %
Specialty 3.2% 9.1% 12 – 16%
PP&S 6.1% 9.0% 9 – 12%
Distribution 3.0% 6.4% 6 – 7.5%
2) Specialty Platform
sss% of Operating Income 20% 45% 65 – 75%
3) ROIC* ( ft t ) 7% 11% 15%3) ROIC* (after‐tax) 7% 11% 15%
4) Adjusted EPS Growth** N/A 4 yr CAGR = 55% Double Digit
Expansion
*ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period
**4 yr EPS CAGR calculated using 2012 adjusted EPS vs 2008 adjusted EPS
Page 8
Proof of Performance
Spartech Opportunity
Intermediate
PolyOne Spartech Opportunity
2006 2012 Today Goal
“Where we
were”
“Where we
are”
“Where
Spartech is”*
“Where we
can go”were are Spartech is can go
Specialty
Operating
Margin
1.5% 9.1% 2.2% 8.0% – 10.0%
Margin
Page 9
*Pro Forma results include Spartech corporate allocations for FY12 ended November 3, 2012
PolyOne
14%
Latin
America
3% Distribution
2012 Revenues: $4.2 Billion* 2012 Revenues: $4.2 Billion*
United
States
14% 5%
PP&S
20%Specialty
57%
Building & HealthCare
1.02
1.20
$1.20
$1.40
ha
re
End Markets* EPS Growth
Construction
14%
17%
Industrial
9%
0.27 0 21
0.79
$0.40
$0.60
$0.80
$1.00
Ad
ju
st
ed
E
ar
ni
ng
s P
er
S
Electrical &
0.12
0.21 0.13
$0.00
$0.20
2006 2007 2008 2009 2010 2011 2012
Page 10
* Pro Forma includes FY2012 results for Spartech (11/03/12 YE) and Glasforms
Specialty
U it d
2012 Revenues: $2.4 Billion* Solutions
United
States
59%
9%
Latin
America
Building &
C t ti
HealthCare
o
f S
al
es
12-16%
End Markets* Expanding Profits
Construction
Electrical &
Industrial
15%
1.5%
3.2% 4.3%
5.3%
8.4% 9.1%
O
pe
ra
tin
g
In
co
m
e
Page 11
2006 2007 2008 2009 2010 2011 2012 2015
O
Target* Pro Forma includes FY2012 results for Spartech (11/03/12 YE) and Glasforms
Designed Structures and Solutions
United States
2012 Revenues: $0.85 Billion* Solutions
84%
Latin America
4% Building & Construction
Sign & Advertising
3%
Recreation & Leisure
Pool & Spa
1%
Distribution &
Thermoform
2% Operating Income % of Sales
2012 Revenue by Industry Segment* Expanding Profits**
Electrical & Electronics
23%Industrial
3%
2.2%
8 ‐ 10%
1%
HealthCare
2012 2015
Target
Page 12
*Pro Forma includes FY2012 results for Spartech (11/03/12 YE)
**Pro Forma results include Spartech corporate allocations for FY12
Positioned for Earnings Growth
2015 Target
Rev: $5B
Adj.
Platform operating income mix percentage 2005Y 2006Y 2007Y 2008Y 2009Y 2010Y 2011Y
Global Specialty Engineered Materials $ 0.4 $ 3.9 $ 4.9 $ 17.6 $ 20.6 $ 49.7 $ 45.9
Global Color, Additives and Inks 4.3 8.9 25.7 28.1 25.2 37.7 43.4
Specialty Platform $ 4.7 $ 12.8 $ 30.6 $ 45.7 $ 45.8 $ 87.4 $ 89.3
Performance Products and Solutions 75.7 64.2 65.8 31.3 33.1 54.0 62.4
Distribution 19.5 19.2 22.1 28.1 24.8 42.0 56.0
SunBelt Joint Venture 91.9 102.9 34.8 28.6 25.5 18.9 5.0
Corporate (51.5) 34.5 (73.3) (425.1) 7.9 (27.7) 20.3
Operating income (loss) GAAP $ 140.3 $ 233.6 $ 80.0 $ (291.4) $ 137.1 $ 174.6 $ 233.0
Less: Corporate operating expense (income) 51.5 (34.5) 73.3 425.1 (7.9) 27.7 (20.3)
Operating income excluding Corporate $ 191.8 $ 199.1 $ 153.3 $ 133.7 $ 129.2 $ 202.3 $ 212.7
Specialty platform operating mix percentage 2% 6% 20% 34% 35% 43% 42%
Platform operating income mix percentage 2012Y
Global Specialty Engineered Materials $ 47.0
Global Color, Additives and Inks 66.8
Specialty Platform $ 113.8
Performance Products and Solutions 74.9
Distribution 66.0
Corporate (87.6)
Operating income GAAP $ 167.1
Less: Corporate operating expense 87.6
Operating income excluding Corporate $ 254.7
Specialty platform operating mix percentage 45%
Platform sales and operating income (OI) 2006Y 2007Y 2008Y 2009Y 2010Y 2011Y
Global Specialty Engineered Materials Sales $ 345.3 $ 384.4 $ 514.0 $ 402.9 $ 517.4 $ 575.1
Global Color, Additives and Inks Sales 531.8 560.5 554.3 459.8 527.4 544.6
Specialty Platform Sales $ 877.1 $ 944.9 $ 1,068.3 $ 862.7 $ 1,044.8 $ 1,119.7
Performance Products and Solutions Sales 1,166.2 1,086.8 1,001.4 667.7 776.3 865.4
PolyOne Distribution Sales 732.8 744.3 796.7 625.1 911.9 996.5
Corporate and Eliminations (153.7) (133.3) (127.7) (94.8) (111.1) (118.1)
Total Sales $ 2,622.4 $ 2,642.7 $ 2,738.7 $ 2,060.7 $ 2,621.9 $ 2,863.5
Global Specialty Engineered Materials OI $ 3.9 $ 4.9 $ 17.6 $ 20.6 $ 49.7 $ 45.9
Global Color, Additives and Inks OI 8.9 25.7 28.1 25.2 37.7 43.4
Specialty Platform OI $ 12.8 $ 30.6 $ 45.7 $ 45.8 $ 87.4 $ 89.3
Performance Products and Solutions OI 64.2 65.8 31.3 33.1 54.0 62.4
PolyOne Distribution OI 19.2 22.1 28.1 24.8 42.0 56.0
Sunbelt Joint Venture OI 102.9 34.8 28.6 25.5 18.9 5.0
Corporate and eliminations (4.6) (25.5) (28.9) (40.8) (32.5) (26.4)
Special items in OI 39.1 (47.8) (396.2) 48.7 4.8 46.7
Operating income (loss) GAAP $ 233.6 $ 80.0 $ (291.4) $ 137.1 $ 174.6 $ 233.0
Sunbelt equity income (107.0) (40.8) (32.5) (29.7) (23.1) (5.7)
Special items in OI (39.1) 47.8 396.2 (48.7) (4.8) (46.7)
Operating income adjusted $ 87.5 $ 87.0 $ 72.3 $ 58.7 $ 146.7 $ 180.6
Global Specialty Engineered Materials - OI
% of sales 1.1% 1.3% 3.4% 5.1%
9.6%
8.0%
Global Color, Additives and Inks - OI % of
sales 1.7% 4.6% 5.1% 5.5%
7.1%
8.0%
Specialty platform OI - % of sales 1.5% 3.2% 4.3% 5.3% 8.4% 8.0%
PP&S operating OI - % of sales 5.5% 6.1% 3.1% 5.0% 7.0% 7.2%
Distribution OI - % of sales 2.6% 3.0% 3.5% 4.0% 4.6% 5.6%
PolyOne OI adjusted - % of sales 3.3% 3.3% 2.6% 2.8% 5.6% 6.3%
Platform sales and operating income (OI) 2012Y 2012PF
Global Specialty Engineered Materials Sales $ 543.6 $ 779.5
Global Color, Additives and Inks Sales 703.5 753.8
Designed Structures & Solutions 847.4
Specialty Platform Sales $ 1,247.1 $ 2,380.7
Performance Products and Solutions Sales 837.0 902.8
PolyOne Distribution Sales 1,030.3 1,030.3
Corporate and Eliminations (121.8) (121.8)
Total Sales $ 2,992.6 $ 4,192.0
Global Specialty Engineered Materials OI $ 47.0
Global Color, Additives and Inks OI 66.8
Specialty Platform OI $ 113.8
Performance Products and Solutions OI 74.9
PolyOne Distribution OI 66.0
Corporate and eliminations (33.7)
Special items in OI (53.9)
Operating income - GAAP $ 167.1
Special items in OI 53.9
Operating income adjusted $ 221.0
Global Specialty Engineered Materials - OI % of sales 8.6%
Global Color, Additives and Inks - OI % of sales 9.5%
Specialty platform OI % of sales 9.1%
PP&S operating OI % of sales 9.0%
Distribution OI % of sales 6.4%
PolyOne OI adjusted, % of sales 7.4%
Adjusted EPS 2006Y 2007Y 2008Y 2009Y 2010Y 2011Y 2012Y
Net Income attributable to PolyOne common
shareholders $ 130.9 $ 40.9 $ (417.0) $ 106.7 $ 162.6 $ 172.6 $ 71.9
SunBelt equity earnings, after tax (68.5) (26.1) (20.8) (19.0) (14.7) (3.7) -
Special items, after tax (21.2) 41.4 310.0 (31.0) 15.8 (30.5) 35.7
Tax adjustments (30.0) (30.7) 147.2 (44.9) (88.3) (42.3) 0.5
Adjusted net income $ 11.2 $ 25.5 $ 19.4 $ 11.8 $ 75.4 $ 96.1 $ 108.1
Diluted shares 92.8 93.1 92.7 93.4 96.0 94.3 89.8
Adjusted EPS $ 0.12 $ 0.27 $ 0.21 $ 0.13 $ 0.79 $ 1.02 $ 1.20
Average Debt Q4 2011 Q1 2012 Q2 2012 Q3 2012 Q4 2012 Average
PolyOne Debt $ 707.0 $ 706.4 $ 705.8 $ 705.2 $ 706.9 $ 706.3
Average Equity Q4 2011 Q1 2012 Q2 2012 Q3 2012 Q4 2012 Average
PolyOne shareholders’ equity $ 588.3 $ 611.3 $ 604.3 $ 629.3 $ 629.1 $ 612.5
Adjusted EBITDA 2012
PolyOne Income before income taxes $ 113.0
PolyOne Interest expense, net 50.8
PolyOne Depreciation and amortization 69.8
PolyOne Special items in EBITDA 55.1
PolyOne Adjusted EBITDA $ 288.7
Pro forma Spartech EBITDA * 56.3
Pro forma EBITDA * $ 345.0
* Amount excludes expected synergies.
https://www.avient.com/sites/default/files/2020-08/thermoset-composites-tri-fold-product-selection-guide.pdf
THERMOSET
ADVANCED
COMPOSITE
TECHNOLOGIES
PRODUCT SELECTION GUIDE
Gordon Composites™ thermoset composite barstock,
laminates, and hybrid composites made with proprietary
resin/fiber reinforcement technologies offer:
• Corrosion resistance
• High fatigue strength
• Deep deflection
• Excellent interlaminar shear strength
Our customized finishing capabilities include machining,
water-jet cutting, profiling/shaping, sanding, slitting,
laminating, molding and coatings.
Benefits include:
• Alternating longitudinal (axial) fibers for flexural & tensile strength and circumferential (biaxial) fibers
for crush & burst resistance
• Manufactured continuously, at a much higher rate than standard filament winding
• Resin matrix and fiber loading formulated to meet your property requirements
• Tubing in standard or customized diameters and lengths
STANDARD SIZES
To learn more about Avient advanced composite solutions, call +1.844.4AVIENT
or visit www.avient.com/composites
Copyright © 2020, Avient Corporation.
https://www.avient.com/sites/default/files/2025-06/ColorMatrix Joule Fast Reheat Dispersions Tech Bulletin.pdf
TECHNICAL BULLETIN
ColorMatrix™ Joule™ RHB Fast Reheat Dispersions
Handling and Usage
ColorMatrix™ Joule™ dispersion fast reheat products
are intended for use in PET (bottle polymer)
production processes in the manufacturing
of CSD 0.82IV reheat polymers and are used
successfully throughout the world on all types of
PET production technologies.
The proprietary ColorMatrix technology has been
shown to deliver superior energy saving at bottle
blowing whilst at the same time imparting an
attractive light blue-shaded color to the preforms
(and bottles) without contributing to bottle haze.
For further advice on how to use ColorMatrix
Joule fast reheat dispersion products, and
for details of their regulatory status and
any other queries, please contact your local
ColorMatrix sales representative or visit our
website at www.avient.com
Copyright © 2020, Avient Corporation.
https://www.avient.com/sites/default/files/resources/US_N%2520Baltimore_IATF%252016949_Exp%25209-2021.pdf
ABS Quality Evaluations
This is to certify that the Quality Management System of:
PolyOne Corporation
733 E.
IATF 16949:2016
The Quality Management System is applicable to:
Certificate No: 38972
Effective Date: 04 September 2018
Expiration Date: 03 September 2021
Issue Date: 31 December 2018
IATF No: 0328156 Alex Weisselberg, President
DESIGN AND MANUFACTURE OF CUSTOM PVC PLASTISOL AND PVC SLUSH MOLD POWDER
(WITH ADDITIONAL FACILITIES LISTED ON ATTACHED ANNEX)
Certificate Of Conformance
has been assessed by ABS Quality Evaluations, Inc. and found to be in conformance with the requirements set forth by:
Page 2 of 2
ABS Quality Evaluations
PolyOne Corporation
IATF 16949:2016
Certificate Of Conformance
ANNEX
At Below Facilities:
Validity of this certificate may be confirmed at www.abs-qe.com/cert_validation.
Activity: Continuous Improvement, Contract Review, Customer Service,
Information Technology, Interanl Audit Management, Human
Resourse, Supplier Management & Logistics
https://www.avient.com/sites/default/files/2021-04/iatf-16949-58976-lockport-17nov2020.pdf
ABS Quality Evaluations
This is to certify that the Quality Management System of:
Avient Corporation
4921 I D A Park Drive
Lockport, NY 14094
U.S.A.
IATF 16949:2016
The Quality Management System is applicable to:
Certificate No: 58976
Effective Date: 08 February 2019
Expiration Date: 09 August 2022
Revision Date: 17 November 2020
IATF No: 0349837 Dominic Townsend, President
DESIGN AND MANUFACTURE OF THERMOPLASTIC COMPOUNDS
(WITH ADDITIONAL FACILITIES LISTED ON ATTACHED ANNEX)
Certificate Of Conformance
has been assessed by ABS Quality Evaluations, Inc. and found to be in conformance with the requirements set forth by:
Page 2 of 2
ABS Quality Evaluations
Avient Corporation
IATF 16949:2016
Certificate Of Conformance
ANNEX
At Below Facilities:
Validity of this certificate may be confirmed at www.abs-qe.com/cert_validation.
Activity: Continuous Improvement, Contract Review, Customer Service,
Human Resource, Information Technologies, Internal Audit
Management, Logistics, Marketing, Product Design, Purchasing,
Sales, Supplier Management