https://www.avient.com/company/sustainability/sustainability-report/products/no-surprises-pledge
You can trust that Avient materials meet the rigorous quality and safety management standards required across the globe.
https://www.avient.com/company/sustainability/sustainability-report/planet/air-emissions
Regular monitoring of our emissions to air from all of our sites is a part of environmental management at Avient.
https://www.avient.com/knowledge-base/article/how-solve-pearlescence-and-haze-challenges-blow-molded-bottles?rtype[]=1164
When manufacturing blow molded bottles intended for food and beverage, industrial chemical and personal care markets, issues managing pearlescence and haze can lead to costly delays and disruptions – including unwanted downtime, higher scrap rates and quality concerns.
https://www.avient.com/knowledge-base/article/how-solve-pearlescence-and-haze-challenges-blow-molded-bottles?ind[]=6599
When manufacturing blow molded bottles intended for food and beverage, industrial chemical and personal care markets, issues managing pearlescence and haze can lead to costly delays and disruptions – including unwanted downtime, higher scrap rates and quality concerns.
https://www.avient.com/knowledge-base/article/how-solve-pearlescence-and-haze-challenges-blow-molded-bottles
When manufacturing blow molded bottles intended for food and beverage, industrial chemical and personal care markets, issues managing pearlescence and haze can lead to costly delays and disruptions – including unwanted downtime, higher scrap rates and quality concerns.
https://www.avient.com/sites/default/files/2024-03/AVNT February IR Presentation_w_Non-GAAP Recs_v2.pdf
Management believes this
provides comparability of the performance of the combined businesses.
Senior management also uses operating income before
special items to assess performance and allocate resources because senior management believes that these measures are
useful in understanding current profitability levels and how it may serve as a basis for future performance.
EBITDA and Adjusted EBITDA are non-GAAP financial measures that management uses in evaluating operating
performance.
https://www.avient.com/sites/default/files/resources/Investor%2520Day%2520-%2520May%25202012%2520-%2520Operational%2520Excellence.pdf
Kedrowski
Page 38
Operational Excellence
• Operational Excellence is a never-ending quest
for improvement in response to the voice of our
customers and shareholders
• It is all about strengthening our capabilities to
deliver value flawlessly to our customers deliver value flawlessly to our customers
• It challenges us to enhance our
productivity, profitability, and efficiency
in all phases of our business, from
safety to quality to waste elimination
to environmental stewardship
Page 39
Lean Six Sigma Initiative
• In 2009, Lean Six Sigma was launched to
improve execution skills across all
businesses, functions, and global regions
• A company-wide diagnostic was
conducted, resulting in identification of six conducted, resulting in identification of six
strategic improvement platforms
• Financial targets were estimated,
resources identified and trained
results delivered
,
Page 40
PolyOne OSHA Recordable Incidence Rate
4
5
6
5.1
Safety Performance
*Rubber And Plastics Manufacturing Industry (2010 Bureau of Labor Statistics).
0
1
2
3
2005 2006 2007 2008 2009 2010 2011 Industry
Average
1.4 1.3 1.1 1.1 0.85 0.65
0.57
Page 41
• Exemplary on-time delivery
• Best-in-class working capital
% of sales
81%
87% 88%
95%
93%
92%
94%
2005 2006 2007 2008 2009 2010 2011
On-Time Delivery*
Lean Six Sigma Delivering Results
• Approximately $200M in
cash driven by working
capital improvements
16.2%
14.4%
18.9%
11.7%
9.6% 9.6%
2006 2007 2008 2009 2010 2011
WC % of Sales
2005 2006 2007 2008 2009 2010 2011
*As measured to customer request date
Page 42
40.0%
Percent of Associates
Trained in LSS
World’s Best Start-up
Program in 2009*
World’s Best Business Process
Excellence Program in 2012*
Award-Winning Lean Six Sigma Program
*Both awards received from International Quality and Productivity Center
16.5%
40.0%
2009 2011
Page 43
• Globally leverage strategic supplier
management best practices
• Implement world class demand
management processes
Critical Imperatives
• Improve operational reliability and efficiencies
• Optimize global freight management
Drive 50 – 100 basis points of gross margin expansion per year
Page 44
Page 45
https://www.avient.com/company/sustainability/sustainability-report/products/supplier-collaboration-evaluation
Additionally, Avient’s self-assessments, based on ISO 9001/IATF 16949, are requested of suppliers in order to provide insight into the core components of their Quality Management Systems (QMS) and subsequently used as approval criteria for Avient’s most sensitive end applications.
Embed sustainable sourcing practices with our suppliers through our third-party risk management (TPRM) program.
https://www.avient.com/investors/governance
The board also believes that good corporate governance is achieved through effective oversight of management and the business affairs of the company.
Composition of the Board, director responsibilities, access to management and independent advisors, director compensation, and director orientation and continuing education
https://www.avient.com/news/colornow-digital-service-avient-offers-immediate-color-matching-and-streamlined-color-design-process
At the same time, however, it produces considerable data that must be effectively managed with new time- and cost-efficient tools.
Media contact
Jennifer Huang
Senior Manager, Marketing Communications Asia
Avient Corporation
+86 21 60284888
jennifer.huang@avient.com