https://www.avient.com/knowledge-base/article/hit-comfort-zone-soft-touch-grips
Striking Surface Feel: TPEs can be customized to provide surface feels ranging from grippy or tacky to smooth and silky.
Contact Us
https://www.avient.com/knowledge-base/article/hit-comfort-zone-soft-touch-grips?rtype[]=1164
Striking Surface Feel: TPEs can be customized to provide surface feels ranging from grippy or tacky to smooth and silky.
Contact Us
https://www.avient.com/knowledge-base/article/hit-comfort-zone-soft-touch-grips?ind[]=21537
Striking Surface Feel: TPEs can be customized to provide surface feels ranging from grippy or tacky to smooth and silky.
Contact Us
https://www.avient.com/sites/default/files/resources/AVNT Fermium Conference - May 2023 w NonGAAP Recs.pdf
Management believes this provides
comparability of the performance of the combined businesses.
OUR STRATEGY
Specialization
Differentiates us through unique value-creating offerings to our customers.
Globalization
Positions us to serve our customers consistently, everywhere in the world.
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/investor-center/news/avient-announces-third-quarter-2020-results
Senior management believes these measures are useful to investors because they allow for comparison to
Business acquisitions, net of cash acquired
Business Segment Operations (Unaudited)
https://www.avient.com/sites/default/files/2023-02/AVNT Q4 2022 Earnings Press Release-1.pdf
We bolstered our composites business with the acquisition of APM and divested
our Distribution segment.
This business is referred to as Avient Protective Materials “APM”.
Management believes
this provides better comparability of the performance of the combined businesses.
https://www.avient.com/sites/default/files/resources/PolyOne%2520India%2520Terms%2520and%2520Conditions%2520of%2520Sale%2520of%2520Products.May%25202016.pdf
Either party may suspend performance hereunder (except to
pay for Product already received) in the event of: (1) acts of God, fire,
explosion, flood, hurricanes; (2) strikes, lockouts or other industrial
disturbances or riots; (3) war, declared or undeclared, or acts of terrorism; (4)
compliance with any Federal, state, provincial, municipal or military law,
regulation, order, or rule, foreign or domestic, including priority, rationing,
allocation or preemption orders or regulations, or cancellation of Seller’s or
Buyer’s license to operate its plant; (5) catastrophic failure of facilities used
to manufacture Product, interruption or shortage of transportation, labor,
power, fuel or raw materials; (6) total or partial shutdown due to Seller’s
normal plant turnaround; or (7) any other cause or causes of any kind or
character reasonably outside the control of the party failing to perform,
whether similar or dissimilar from the enumerated causes (a “force
majeure”).
Settlement of
strikes or lockouts shall lie entirely within the discretion of the party having
the difficulty; the above requirements for remedy of any force majeure with
all reasonable dispatch shall not require the settlement of strikes or lockouts
by acceding to the demands of the employees involved, when deemed
inadvisable by the party having the labor difficulty.
https://www.avient.com/investor-center/news/polyone-announces-first-quarter-2019-results
Business acquisitions, net of cash acquired
Business Segment Operations (Unaudited)
The table below reconciles pre-special income tax expense and the pre-special effective tax rate to their most comparable US GAAP figures.
https://www.avient.com/investor-center/news/avient-announces-first-quarter-2022-results-connection-announcement-acquire-dsm-protective-materials-dyneema
business (including the Dyneema® brand) ("Dyneema").
Senior management believes these measures are useful to investors because they allow for comparison to
Business Segment Operations (Unaudited)