https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520Sidoti%2520wNonGAAP%2520Rec.pdf
Factors that could cause actual results to differ materially from those implied by these forward looking statements include but are not limited to:• Factors that could cause actual results to differ materially from those implied by these forward‐looking statements include, but are not limited to:
Our ability to achieve the strategic and other objectives relating to the Spartech acquisition, including any expected synergies; our ability to successfully
integrate Spartech and achieve the expected results of the acquisition, including, without limitation, the acquisition being accretive;
Disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and
cost of credit in the future;
The financial condition of our customers, including the ability of customers (especially those that may be highly leveraged and those with inadequate
liquidity) to maintain their credit availability;liquidity) to maintain their credit availability;
The speed and extent of an economic recovery, including the recovery of the housing market;
Our ability to achieve new business gains;
The amount and timing of repurchases, if any, of PolyOne common shares and our ability to pay regular quarterly cash dividends and the amounts and
timing of any future dividends;
The effect on foreign operations of currency fluctuations, tariffs, and other political, economic and regulatory risks;
Changes in polymer consumption growth rates in the markets where we conduct business;g p y p g ;
Changes in global industry capacity or in the rate at which anticipated changes in industry capacity come online;
Fluctuations in raw material prices, quality and supply and in energy prices and supply;
Production outages or material costs associated with scheduled or unscheduled maintenance programs;
Unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters;
An inability to achieve or delays in achieving or achievement of less than the anticipated financial benefit from initiatives related to working capital
reductions, cost reductions, employee productivity goals, and an inability to raise or sustain prices for products or services;, , p y p y g , y p p ;
An inability to maintain appropriate relations with unions and employees; and
Other factors affecting our business beyond our control, including, without limitation, changes in the general economy, changes in interest rates and
changes in the rate of inflation.
• The above list of factors is not exhaustive.
• We undertake no obligation to publicly update forward‐looking statements, whether as a result of new information, future events or otherwise.
EPS: $1.20
Proforma Debt Maturities & Liquidity Summary – 12/31/12
(Reflecting Financing & Spartech Acquisition)
• Total Debt at 12/31/12
h
$1,010
$297
$360 $300
$400
Debt Maturities
As of December 31, 2012
($ millions)
Less: Cash
Net Debt
213
$797
$50
$297
$100
$200
• Available Liquidity
Cash $213
$800 Debt Maturities
As of December 31, 2012
P f f 2/13 Fi i
$50 $0
2015 2017 2020
Interest Rates: 7.500% 5.000% 7.375%
Cash
ABL Availability
Total Liquidity
$213
271
$484
$600
$400
$600
Proforma for 2/13 Financing
($ millions)
Total Liquidity
• Net Debt / EBITDA = 2.0x*
$484
$50
$360
$0
$200
• Net Debt / EBITDA = 2.35x**
$50$0
2015 2020 2023
Page 14
Interest Rates: 7.500% 7.375% 5.250%
*Assumes $65 million of synergies related to Spartech acquistion
**Assumes no synergies related to Spartech acquistion
Use of Cash
Share DividendsOrganic
G Acquisitions
• Repurchased 1 2
Repurchase
• Introduced a
Dividends
• Expanding our
Growth
T t th t d
Acquisitions
• Repurchased 1.2
million shares in
2012
• 20.0 million
shares are
il bl f
• Introduced a
quarterly dividend
in Q1 2011 and
increased in Q1
2012 (25%) and
Q1 2013 (20%)
• Expanding our
sales, marketing,
and technical
capabilities is top
priority
• Investing in
• Targets that expand our:
• Specialty offering
• End market presence
• Geographic footprint
available for
repurchase under
the current
authorization
Q1 2013 (20%)
• Objective of
maintaining and
growing
Investing in
operational and
LSS initiatives
(including synergy
capture)
• CAPEX
• Synergy opportunities
• Adjacent material solutions
Proforma Cash Balance = $213M
N t D bt / EBITDA* 2 0X
CAPEX
Net Debt / EBITDA* = 2.0X
*Adjusted EBITDA assumes synergies related to the Spartech acquisition are realized at close; preliminary synergies estimated at $65M and are expected to be achieved over a 3-year period
Page 15
Why Invest In PolyOne?
https://www.avient.com/resources/safety-data-sheets?page=5899
SILVER IRID PEARL V2
SILVER IRID PEARL V3
SILVER IRID PEARL V4
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SUPER VE SILVER BLUE
SUPER VE SILVER BLUE
FULL & SOFT SILVER V1
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MC-86557AC SILVER
MC-86567PP SILVER
MC-86617PE SILVER
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SUPER VE SILVER BLUE
SUPER VE SILVER BLUE
SUPER VE SILVER BLUE
https://www.avient.com/investor-center/news/polyone-expands-color-portfolio-acquisition-mesa
produces both solid and liquid colorant technologies and operates two facilities located in
Rutland, Comptek, SilCoTec, Gordon Composites and Polystrand, including whether such businesses will be accretive, retain the management teams of acquired businesses, and retain relationships with customers of acquired businesses; disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future; the financial condition of our customers, including the ability of customers (especially those that may be highly leveraged and those with inadequate liquidity) to maintain their credit availability; the speed and extent of an economic recovery, including the recovery of the housing market; our ability to achieve new business gains; the effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks; changes in polymer consumption growth rates and laws and regulations regarding the disposal of plastic in jurisdictions where we conduct business; changes in global industry capacity or in the rate at which anticipated changes in industry capacity come online; fluctuations in raw material prices, quality and supply and in energy prices and supply; production outages or material costs associated with scheduled or unscheduled maintenance programs; unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters; an inability to achieve or delays in achieving or achievement of less than the anticipated financial benefit from initiatives related to working capital reductions, cost reductions and employee productivity goals; an inability to raise or sustain prices for products or services; an inability to maintain appropriate relations with unions and employees; our ability to continue to pay cash dividends; the amount and timing of repurchases of our common shares, if any; and other factors affecting our business beyond our control, including, without limitation, changes in the general economy, changes in interest rates and changes in the rate of inflation.
https://www.avient.com/sites/default/files/2021-06/plastisol-storage-handling-technical-bulletin.pdf
Storage and Handling of Vinyl Plastisols
A vinyl plastisol is a liquid dispersion of
polyvinyl chloride (PVC) resins, plasticizers, and
miscellaneous additives.
When baked, this liquid
plastic becomes a fused solid plastic.
https://www.avient.com/sites/default/files/2020-09/cai-overview-brochure.pdf
Liquid and Solid
COLORANTS
Performance and Processing
ADDITIVES
INNOVATIVE AND SUSTAINABLE SOLUTIONS FOR PLASTIC
At Avient, our mission is to help
you bring innovation to the look, feel
and performance of your products.
SOLID COLOR MASTERBATCHES
• Customizable color solutions for a wide
range of industries and uses, including high
temperature applications
• Special effect colors and finishes, such as
metallic, pearlescent or granite
• Sustainable choices, such as bio-colorants
or super concentrates
LIQUID COLOR CONCENTRATES
• Rapid and sustainable color development
that adds value and versatility to the
production process
• Able to combine with a variety of performance
additives for multi-functional formulations
PERFORMANCE AND PROCESSING
ADDITIVES
• Performance enhancing additives for UV
protection, scratch resistance, anti-microbe
formation, flame retardance and much more
• Processing enhancement additives to
improve efficiencies in any type of
manufacturing process
COLOR AND ADDITIVE COMBINATION
MASTERBATCHES
• Color and additive combination masterbatches
that combine stock or custom colors with
functional performance in a single solution
• Special formulations are customized and
optimized for specific needs, from paint
replacement on metal to parts with the
appearance of fabric
Ready to learn more?
https://www.avient.com/sites/default/files/2024-01/ColorMatrix AAnchor Brochure_A4.pdf
MECHANICAL STRENGTH – BURST TESTING
Anthranilamide
AAnchor
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EASY INTEGRATION
ColorMatrix AAnchor is a liquid dispersion
additive easily incorporated into the PET
stream during injection molding or extrusion
using ColorMatrix standard liquid metering
equipment.
https://www.avient.com/sites/default/files/2025-03/ColorMatrix Optica PET Recycle Blue Toners Product Bulletin.pdf
PRODUCT BULLETIN
ColorMatrix™ Optica™
PET Blue Toners & Colors For Enhanced Recyclability
ColorMatrix™ Optica™ patented liquid blue toners
and colors are formulated for improved heat
stability and are designed for addition to PET
preforms or rPET to correct and reduce yellowing
that occurs during the recycling process.
SmartHeat™ RHC AAzure™ Optica™ Ultimate™ UV390R
APPLICATION PET process aid Acetaldehyde
scavenger
Heat stable, enhanced
recyclability toners
and colors
Light barrier
for PET
FORMULATION Liquid dispersion
Stand alone
Triple A™ with
SmartHeat RHC
Heat stable dyes and
carrier system with
SmartHeat RHC
USER Converters and
rPET producers Converters (water) Converters and
rPET producers Converters
COLOR Colorless
Slight blue tint or
can be colored as
required with the
addition of
Optica toners
A range of blue colors
and toners, also
custom color solutions
Green and amber
colors also available
Colorless
RECYCLING
APPLICATIONS APR accredited N/A N/A APR accredited
COLORMATRIX ENHANCED RECYCLABILITY PORTFOLIO
KEY BENEFITS
• Corrects yellowing and balances color variation
in PET preforms, bottles and rPET
• Improves heat stability through the recycling
process
• Improves the quality and performance of rPET
• Achieves improved mechanical strength in the
bottle
• Improves productivity, reduced blowouts,
downtime and scrap rates in bottle blowing
and filling
• Reduces energy consumption
• Supports the circular economy
TARGET MARKET & APPLICATIONS
PET preforms and rPET resin
REGULATORY
• EU - ✓
• FDA - ✓
• Mercosur - approved for use in Brazil with
applicable use limitations
Detailed information regarding food contact
clearances available on request.
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