https://www.avient.com/sites/default/files/2023-06/AVIENT_TPEs and LSR eBook.pdf
This makes LSR an excellent choice in the medical
industry as a heat shield for instruments used in cauterization or
for any devices that are exposed to repeated high-temperature
sterilization.
TPEs offer excellent barrier properties against both air and moisture.
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520-%2520RW%2520Baird%2520Global%2520Industrial%2520Conference%2520-%252011%253A8%253A2016.pdf
A reconciliation of each non-GAAP financial measure with the most directly
comparable GAAP financial measure is attached to this presentation which is posted
on our website at www.polyone.com.
4 POLYONE CORPORATION
About PolyOne
Reach
7,000 associates | 77 facilities | $3.4 B 2015 revenue
Global Presence
10,000 global customers | Americas, Europe, Africa, Asia |
Global sales, technical and manufacturing footprint
Solutions
35,000+ polymer solutions | 12 innovation centers |
Support for design through manufacturing
5 POLYONE CORPORATION
What We Do
Value
Formulation
Expertise Inputs
Base resins
Additives
Modifiers
Pigments
Expertise in
Polymer
Materials,
Services and
Solutions
OEMs
Brand Owners
Processers
Assemblers
Driving customer value with specialty products & services
Service
InVisiOSM Color
Services
IQ Design Labs
LSS Customer
First
POLYONE CORPORATION 6
CAI
23%
SEM
15%
DSS
13%
POD
29%
PPS
20%
2015 Revenue: $3.4 Billion
At a Glance
United
States
66%
Europe
13%
Canada
7%
Asia
7%
Latin
America
7%
$0.12
$0.27 $0.21 $0.13
$0.68
$0.82
$1.00
$1.31
$1.80
$1.96
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
2015 Revenue: $3.4 Billion
2015 Operating Income: $322 Million
CAI
38%
SEM
23%
DSS
4%
POD
19%
PPS
16%
Adjusted Earnings Per Share
7 POLYONE CORPORATION
Old
PolyOne
*Operating Income excludes corporate charges and special items
2%
43%
65%
0%
20%
40%
60%
80%
100%
2005 2010 2015 2020
%
o
f O
pe
ra
tin
g
In
co
m
e*
JV's Performance Products & Solutions Distribution Specialty
80%+
Specialty OI $5M $87M $229M
Transformation
2020
Platinum
Vision
Platinum
Vision
Mix Shift Highlights Specialty Transformation
POLYONE CORPORATION 8
-$0.10
$0.00
$0.10
$0.20
$0.30
$0.40
$0.50
$0.60
$0.70
2009 2010 2011 2012 2013 2014 2015 2016
Adjusted Earnings Per Share
$0.56
3Q
-2%
0%
2%
4%
6%
8%
10%
12%
2009 2010 2011 2012 2013 2014 2015 2016
Adjusted Consolidated Operating Margin
2.8%
5.2%
5.6%
6.7%
8.3%
6.9%
9.5% 9.9%
3Q
28 Consecutive Quarters of EPS Growth
9 POLYONE CORPORATION
2006 2016 YTD 2020
“Where we were” “Where we are” Platinum Vision
1) Operating Income % of Sales
Specialty:
Color, Additives & Inks 1.7% 17.0% 20%+
Specialty Engineered Materials 1.1% 15.2% 20%+
Designed Structures & Solutions N/A 0.6% (TTM) 8 – 10%
Performance Products &
Solutions 5.5% 11.6% 12 – 14%
Distribution 2.6% 6.6% 6.5 – 7.5%
2) Specialty Platform % of
Operating Income 6.0% 60% 80%+
3) ROIC* 5.0% 11.6% 15%
4) Adjusted EPS Growth N/A 11.5% Double Digit
Expansion
Proof of Performance & 2020 Goals
*ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period
POLYONE CORPORATION 10
2,883
2,414
2006 2015
Volume
(lbs in millions)
-16%
$103
$192
2006 2015
Commercial, R&D
and Marketing
Spending ($M)
+86%
$88
$322
2006 2015
Adjusted
Operating Profit ($M)
+266%
Ours is Not a Cost Cutting Story
11 POLYONE CORPORATION
Innovation Drives Earnings Growth
*Specialty Platform revenue from products introduced in last five years
$20
$53
2006 2015
Research & Development
Spending
($ millions)
Specialty Platform
Vitality Index Progression*
14%
34%
2006 2015
CAI & SEM
Gross Margin
12%
43%
2006 2015
Target ≥ 35%
Innovation Pipeline Potential
12 POLYONE CORPORATION
Globalization
Specialization
Commercial
Excellence
Operational
Excellence
Growth in
urbanization
Changing
demographics
Climate and
resource
challenges
Increase of
individual
power
Evolution and
expansion of
healthcare
Strategic Growth Opportunities
Four Pillar Strategy Global Megatrends
Attractive
Revenue &
Margin Growth
Opportunities
13 POLYONE CORPORATION
Primary Industries Served
2015 Revenue: $3.4 Billion
Electrical &
Electronic
5%
Building &
Construction
12%
Appliance
4%
Industrial
14%
Wire & Cable
9%
Healthcare
11%
Consumer
10%
Packaging
13%
Transportation
20%
Focus End Markets
14 POLYONE CORPORATION
Therma-Tech™ & Sheet
GEON™ Vinyl
Polymer Colorants
Therma-Tech™
TPE’s & Film
TPE + OnForce™
Gravi-Tech™
Page 14
Film
Target End Markets… Healthcare
15 POLYONE CORPORATION
Sound & Vibration
Management
Fuel Handling
Systems
Interior & Exterior Trim
Structural Braces
& Brackets
Interior Structural
Components
Lighting
Air management
Electronics & Cameras
Fluid Handling
Target End Markets… Automotive
Underhood
Components
Roof Systems
16 POLYONE CORPORATION
PreservaPak™
OnColor™
Smart Batch™
VersaFlex™
TPE Cap Liner
ColorMatrix™
Amosorb™
Oxygen Scavenger
ColorMatrix™
Ultimate™ UV
Light Barrier
OnCap™
Laser Marking
Additives
Target End Markets… Packaging
17 POLYONE CORPORATION
Source: Outdoor Industry Association
TPE Vibration Dampening
(SEM/GLS)
TPE + OnForce
(SEM)
OnForce
(SEM)
Advanced Composites
(SEM)
TPE Vibration Dampening
(SEM/GLS)
Target End Markets… Outdoor High Performance
Thermoplastic Elastomers
(SEM)
Advanced Composites
(SEM)
Polymer Colorants
(CAI)
Sheet
(DSS)
TPE & Film
(SEM + DSS)
Advanced Composites
(SEM)
Polymer Colorants
(CAI)
Thermatech
(SEM)
Thermoplastic Elastomers
(SEM)
TPE + OnForce
(SEM)
OnForce
(SEM)
18 POLYONE CORPORATION
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 Targets that expand
our:
• Specialty offerings
• End market
presence
• Geographic breadth
Synergy opportunities
Adjacent material
solutions
Repurchased 318,000
shares in Q3 2016
Repurchased 17.6
million shares since
early 2013
9.7 million shares are
available for
repurchase under the
current authorization
Increased annual
dividend by 12.5% to
$0.54 per share,
representing the sixth
consecutive year of
dividend growth
19 POLYONE CORPORATION
Returning Cash to Shareholders
$0.16
$0.20
$0.24
$0.32
$0.40
$0.48
$0.54
$0.10
$0.20
$0.30
$0.40
$0.50
$0.60
2011 2012 2013 2014 2015 2016 2017
Annual Dividend
Since 2011, we have returned nearly $800 million to shareholders
$130 million returned through dividends
$650 million returned through share repurchases
$650M
$0
$150
$300
$450
$600
$750
2011 2012 2013 2014 2015 Q3'16
Cumulative Share Repurchases
(in millions)
POLYONE CORPORATION 20
The New PolyOne: A Specialty Growth Company
Why Invest In PolyOne?
https://www.avient.com/sites/default/files/2020-07/avient-abac-urdu-200722_0.pdf
Francisco
Nakasato, 1700
13295-000 Itupeva
Sao Paulo, Brazil
+55 11 4593 9200:ٹیلیفون
یورپ
Europe
Pommerloch, Luxembourg
19 Route de Bastogne
Pommerloch, Luxembourg,
L-9638
+352 269 050 35:ٹیلیفون
+352 269 050 45:فیکس
www.avient.com
https://www.avient.com
https://www.avient.com/sites/default/files/2021-03/avient-antitrust-2021-update-english.pdf
Francisco
Nakasato, 1700
13295-000 Itupeva
Sao Paulo, Brazil
Telephone: +55 11 4593 9200
Europe
Pommerloch, Luxembourg
19 Route de Bastogne
Pommerloch, Luxembourg,
L-9638
Telephone: +352 269 050 35
Fax: +352 269 050 45
www.avient.com
https://www.avient.com
Quick Reference: Antitrust DO’s and DON’Ts
Antitrust Checklist
Protection from Retaliation
Avient Ethics Hotline
Conclusion
Antitrust Potential Areas of Concern
Antitrust Law Violations
An Overview of U.S.
https://www.avient.com/sites/default/files/resources/Polyone%2520AR.pdf
Excellence.
Remi de Napierville, 12.
Strategy and Key Trends
To address these challenges and achieve our vision, we have implemented a strategy with four core components:
specialization, globalization, operational excellence and commercial excellence.
https://www.avient.com/sites/default/files/2021-12/AVNT 2021 Investor Day_0.pdf
Truly global
• Technology platform and expertise –
Combining the best from two global leaders creates an
unmatched portfolio of products and solutions
• Global and local accounts –
Combining our legacies’ business, dealing with large key
accounts and a broad base of regional customers, creates
ample opportunities for growth and industry partnering
• Talent acquisition and retention –
Our ‘best of both worlds’ leadership position helps us to
attract and retain the best people in the industry
• Cost and performance synergies –
Alignment of site structures and technical & commercial
organizations is driving a positive cost position
An Excellent Fit
Avient Corporation 16
• Dedicated global organization
• Full suite of performance products
• Excellent product stewardship
expertise
• High quality technical organization
• Strong focus on innovation and
sustainability
• Strong customer relationships and
global industry partnerships
• Global footprint
What Legacy Clariant Color Brings
Avient Corporation 17
Customer
orientation and
dedication
Aesthetics +
Product
Functionality
Innovation and
Sustainability
Safety First
o Both ACC Responsible Care® companies
o Legacy and continued focus on safety
Retain All Customers and Existing Business
o Minimize integration disruptions
o Broadened portfolio of specialty solutions
o World class products and service
Retain All Key Employees
o Talented, passionate, and collaborative
o Supportive, high-performance culture
Principles of Integration
Avient Corporation 18
$85M
Cost
• Barrier technology
• Functional additives
• Processing aids
• Flame retardants
• Light-weighting
Complementary
Technologies
• Clariant’s approved
formulations and
certified facilities
• Legacy PolyOne’s
leading share in
distribution channels
Healthcare
• Clariant’s position
in SE Asia,
Latin America,
Germany & Italy
• Legacy PolyOne’s
position in U.S.,
Canada and China
Regional
Strengths
• Solutions with Avient’s
engineered materials
customers
• Avient’s distribution
channels
Segment
Cross-selling
Revenue synergy opportunities of $75M
The complementary aspects of our combined businesses are unquestionable.
Commercial Excellence is part of
our four-pillar strategy, and we
invest, hire, train and measure
performance accordingly.
https://www.avient.com/sites/default/files/2021-08/avient-cdp-climate-change-questionnaire-2021.pdf
Through collaboration, innovation and excellence, our product portfolio is
designed to ensure our customer’s success.
Monetary)
Chairman’s Awards
Associate
Our Chairman’s Achievement Award recognizes
excellence in the execution of Avient’s four-pillar
strategy.
Through collaboration, innovation and excellence, our product portfolio
is designed to ensure our customer’s success.
https://www.avient.com/sites/default/files/2024-10/Avient_CodeConduct_2024_ZH-TW2.pdf
行為準則》 | 4
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我們的《行為準則》提供指南,供您用於處理工作中可能出現的
問題,並協助您做出正確的決定。
行為準則》 | 24
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您在工作時發現的商業機會、使用公司的資訊、財產或個人在公
司的職位等皆屬於公司,而非您個人。
Francisco Nakasato, 1700
13295-000 Itupeva Sao Paulo,
Brazil
電話:+55 11 4593 9200
歐洲
盧森堡波莫洛赫區域總部
19 Route de Bastogne
Pommerloch, Luxembourg,
L-9638
電話:+352 269 050 35
傳真:+352 269 050 45
www.avient.com
https://www.avient.com
確認遵守 AVIENT 的《行為準則》
說明:
請閱讀、簽署並將本文件交回給人力資源部門。
https://www.avient.com/sites/default/files/2023-07/Avient_CodeConduct_2023_China.pdf
Specialization
Globalization
Operational
Excellence
Commercial
Excellence
Associates
3
4
道德行为指南
Avient 的《行为准则》(“准则”)是我们的业务行
为指南,旨在确保践行我们的价值观,维持和提升
Avient 的声誉。
Francisco Nakasato,
1700
13295-000 Itupeva
Sao Paulo, Brazil
电话:+55 11 4593 9200
欧洲
地区总部,卢森堡
Pommerloch
19 Route de Bastogne
Pommerloch, Luxembourg,
L-9638
电话:+352 269 050 35
传真:+352 269 050 45
www.avient.com
https://www.avient.com
首席执行官寄语
我们的愿景和战略
核心价值观和个人价值观
我们的《行为准则》
道德行为指南
个人价值观
解决问题和举报违规情况
道德热线
禁止打击报复
《行为准则》的适用范围
违反本准则的行为
尊重所有人กคน
多元和包容
歧视或骚扰
工作场所关系
物质滥用
人身安全和 工作场所暴力
工作诚实
准确的信息、数据和记录
会计诚信
政府调查和询查
政治献金/活动和慈善捐款
内幕信息和内幕交易
计算机安全、软件许可和版权
社交媒体和社交网络
互联网和电子邮件的使用
隐私、个人信息和数据保护
专有和机密信息、创意和知识产权
资产的保护和使用
公司通讯
我们企业的诚信
公平交易
贿赂和回扣
代理人和顾问
竞争
礼品和招待
利益冲突
假公济私
国际贸易
企业社会责任
可持续性
安全、健康和环境
产品和服务的安全
尊重人权
共同的承诺
资源和联系信息
https://www.avient.com/sites/default/files/2020-07/avient-abac-italy-200720.pdf
Francisco Nakasato, 1700
13295-000 Itupeva San Paolo,
Brasile
Telefono: +55 11 4593 9200
Europa
Sede regionale Pommerloch,
Lussemburgo
19 Route de Bastogne Pommerloch,
Lussemburgo, L-9638
Telefono: +352 269 050 35
Fax: +352 269 050 45
www.avient.com
https://www.avient.com