https://www.avient.com/sites/default/files/resources/PolyOne%2520Investor%2520Presentation%2520Longbow%2520Basic%2520Materials%2520Conference%2520-%2520March%25202016.pdf
In addition, operating income before special items and
adjusted EPS are components of various PolyOne annual and long-term employee
incentive plans
Addressable market exceeds $40 billion
Strong performance demonstrates that our strategy and execution
are working
Megatrends and emerging opportunities align with our strengths
Innovation and services provide differentiation, incremental pricing
power, and competitive advantage
Strong and proven management team driving growth and
performance
PolyOne Corporation Page 21
Appendix
PolyOne Corporation Page 22
Recent Acquisitions
Kraton TPE Assets Magenta Master Fibers
February 2016 – Acquired Kraton’s thermoplastic
elastomer (TPE) assets
Serve personal care, medical, packaging (protective
film) and electronics applications
Purchase price of $72 million represents a multiple
of 9x EBITDA
Adds $35 million in annual revenue and $0.03
accretive to 2016 adjusted EPS
Expands GLS presence in consumer, healthcare,
transportation, and packaging end markets
December 2015 – Acquired Magenta Master Fibers,
an innovative developer of specialty color
concentrates for the global fiber industry
Purchase price of $22 million represents a multiple
of 6.8x EBITDA
Adds $16 million in annual revenue and $0.01
accretive to 2016 adjusted EPS
Broadens portfolio of colorant and additives
technologies for fiber applications and extends
existing reach into strategic end markets such as
transportation and consumer goods
Medical
Baby Care Electronics
Food Packaging
Automotive Textiles Home Textiles
Clothing Outdoor
PolyOne Corporation Page 23
$0.82
$1.00
$1.31
$1.80 $1.96
$0.00
$0.75
$1.50
$2.25
2011 2012 2013 2014 2015
Adjusted EPS
2015 Full Year Financial Highlights
Color Additives & Inks operating
margin reached record level
of 16.7%
Specialty Engineered Materials
operating margin grew 260 basis
points year-over-year to 14.7%
Adjusted EPS has grown on average
24% per year since 2011
$50
$75
$104
$125 $135
$0
$40
$80
$120
$160
2011 2012 2013 2014 2015
CAI Operating Profit
$46 $47
$57
$72
$80
$20
$40
$60
$80
$100
2011 2012 2013 2014 2015
SEM Operating Profit
Note: $ in millions, except per share data
PolyOne Corporation Page 24
1.7%
4.6% 5.1% 5.5%
7.2% 8.1%
9.7%
12.2%
16.7%
20%+
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2020
Operating Income % of Sales
At a Glance
Color, Additives and Inks
2015 Revenues: $0.8 Billion Solutions
Expanding Profits 2015 Revenue by Industry Segment
14.7%
Platinum
Vision
48%
33%
Building &
Electrical &
1%
31%
Textiles
PolyOne Corporation Page 25
1.1% 1.3%
3.4%
5.1%
9.6%
8.0% 8.6% 9.3%
14.7%
20%+
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2020
Operating Income % of Sales
At a Glance
Specialty Engineered Materials
2015 Revenues: $0.5 Billion Solutions
2015 Revenue by Industry Segment Expanding Profits
Platinum
Vision
12.1%
49%
29%
Building &
Electrical &
19%
15%
PolyOne Corporation Page 26
1.4%
5.6%
7.3%
3.0%
12-14%
2012 2013 2014 2015 2020
Operating Income % of Sales
At a Glance
Designed Structures and Solutions
Solutions 2015 Revenues: $0.5 Billion
Expanding Profits 2015 Revenue by Industry Segment
Platinum
Vision
Appliances,
Building &
Construction
Industrial
24%
Packaging
19%
Transportation
33%
97%
PolyOne Corporation Page 27
Building &
31%
Electrical &
1%
5% Transportation
19% Wire & Cable
5.5%
6.9%
3.8% 3.6%
5.5%
4.3%
6.3%
7.2%
8.3%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2020
Operating Income % of Sales
At a Glance
Performance Products and Solutions
Solutions
Expanding Profits
2015 Revenues: $0.7 Billion
10-12%
Platinum
Vision
2015 Revenue by Industry Segment
7.7%
79%
PolyOne Corporation Page 28
2.6%
3.0%
3.5%
4.0%
4.6%
5.6%
6.4% 5.9%
6.6% 6.5-7.5%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2020
Operating Income % of Sales
15%
53%
2006 Q4 2015
At a Glance
Distribution
Key Suppliers 2015 Revenues: $1.0 Billion
ROIC Expanding Profits
6.1%
Platinum
Vision
Building &
4%Consumer
Electrical &
23%
24%
http://www.avient.com/Pages/VariationRoot.aspx
PolyOne Corporation Page 29
2 lbs Plastic
=
3 lbs aluminum
or
8 lbs steel
or
27 lbs glass
33% less material by weight
than aluminum
75% less material by weight
than steel
93% less material by weight
than glass
Requires 91% less energy to
recycle a pound of plastic versus
a pound of paper
Source: SPI: Sustainability and the Plastics Industry
Plastics: Key to Future Sustainable Development
PolyOne Corporation Page 30
Application Examples
PolyOne Corporation Page 31
Outdoor Applications
• Leading provider of high performance
specialty materials for the recreational
and sports & leisure industry
• Well positioned across all segments to
address market needs
Metal to Polymer Conversion
Lightweighting
Thermal Management
Impact Performance
Source: Outdoor Industry Association
PolyOne Corporation Page 32
$1.5 billion attractive, growing market
Additives improve performance and reduce cost
through light-weighting, reduced waste, faster
cycle times, and extended shelf life of finished
product
Aligned with megatrend of protecting the
environment:
Sustainability benefits include lower
package weight and improved recyclability
of package at end of use
Market Opportunity
Leading Global Supplier of Additives In Growing PET Market
Shelf-life extension
Greater product
consistency
Recyclability and
reduced carbon
footprint
Color and Special
Effects
Weight reduction
Enhanced product
aesthetics
High heat resistance
PET Bottling Technology
0.0
10.0
20.0
30.0
40.0
50.0
60.0
70.0
2009 2014 2019
Asia Pacific North America
Latin America Western Europe
Eastern Europe Middle East and Africa
Global PET Packaging Growth 2009-2019
Source: Euromonitor retail off-trade consumption (PET bottles & jars, home care, personal care,
food & non-alcoholic beverages)
B
ill
io
n
un
its
5% CAGR
PolyOne Corporation Page 33
• Includes formulation and
consultative services to assist
manufacturers and brand owners in
positively identifying their finished
goods
• Protects brand equity & consumer
welfare
• Reduces exposure to unwarranted
recall expenses
• Secures supply chain integrity –
support for safe expansion into new
geographies
Authentication Technology
PolyOne Corporation Page 34
Metal Replacement Solutions
• Replaces metal in LED lighting
• Extends LED durability and life
span eliminating hot spots
• Greater design flexibility with
fewer parts
• Weight reduction
• Simplifies manufacturing and
lowers total production cost
PolyOne Corporation Page 35
• Color harmonization across
15 unique color-and-polymer
combinations
• Eliminated need for multiple pre-
colored materials
• Reduced Land Rover’s working
capital
Range Rover Evoque Interior
PolyOne Corporation Page 36
• Reduced health and
environmental impact
• System cost reduction
• Radiation-shielding
performance
• Parts consolidation
• Design freedom
CT Scanner
PolyOne Corporation Page 37
High-Barrier Packaging Containers
• Capability to extrude up to 13
layers
• Strong oxygen and moisture
vapor transmission protection
• Can be made symmetrical or
asymmetrical to meet
customized needs of broad
variety of applications
• Barrier protection and superior
sensory properties
PolyOne Corporation Page 38
Aerospace Applications
• Leading provider of specialty materials
for the aerospace industry
• Typical applications
Mil-spec aircraft windows, canopies,
windscreens, instrument panels,
wingtip lenses
Interior – gallery furnishings, tray
tables, arm rests, trim strips, joint/edge
coverings
• Benefits:
High impact strength
Resistant to UV rays
Flame and smoke compliance
Easy to clean with aggressive cleaners;
anti-microbial grades available
Range of sizes, thicknesses, colors, etc.
1
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(Dollars in millions, except per share data)
Below is a reconciliation of non-GAAP financial measures to the most directly comparable measures calculated and presented in accordance with U.S.
Appendix
Recent Acquisitions
2015 Full Year Financial Highlights
At a Glance�Color, Additives and Inks
At a Glance�Specialty Engineered Materials
At a Glance�Designed Structures and Solutions
At a Glance�Performance Products and Solutions
At a Glance�Distribution
Plastics: Key to Future Sustainable Development
Application Examples
Outdoor Applications
Slide Number 32
Authentication Technology
Metal Replacement Solutions
Range Rover Evoque Interior
Slide Number 36
High-Barrier Packaging Containers
Aerospace Applications
Investor Presentation - March 1, 2016 r36
Investor Presentation - March 1, 2016
https://www.avient.com/sites/default/files/2022-09/Cesa Aversive Product Bulletin.pdf
Cesa™ Aversive Technology for Wire & Cable Protection
Masterbatch additives for long-term cable protection against rats
and termites, compliant with the EU Biocidal Product Regulation (BPR)
PRODUCT BULLETIN
PRODUCT DESCRIPTION
Cesa™ Aversive Technologies are masterbatches
which, when incorporated into cable jackets,
provide long-term protection against gnawing
by rats and termites.
The smell of the additive acts as a deterrent against
rats and termites, thereby providing protection
against gnawing damage which could potentially
affect the operating capacity of the cables.
TECHNOLOGY BENEFITS
• Helps provide long term cable protection against
rats and termites
• Enables manufacturers and cable users to be
compliant with EU Regulations
• Easy to use, direct incorporation in the jacket,
no need for additional layer to protect the cable
• Helps avoid unplanned service breakdowns
with associated high repair costs
1 CA-Sept15-Doc.6.2- Final
2 A masterbatch should be regarded as a biocidal product if it is has a biocidal function.
https://www.avient.com/sites/default/files/2022-04/MEVOPUR LQ for Silicone Elastomers.pdf
MEVOPUR™ LQ
Liquid Color & Additive Concentrates for Silicone Elastomers
Silicones elastomers are materials of choice in a
wide range of medical applications because of the
combination of unique physical properties such
as strength, durability, and flexibility combined
with one of the most tested polymers in terms of
biocompatibility and hypo-allergenic properties.
The MEVOPUR™ LQ advanced range of liquid color
& additive concentrates utilize the specific liquid
carrier system designed for high compatibility
with silicone elastomers.
The color-stable, highly
compatible ingredients including pigment, carrier
and additives used in these concentrates are
evaluated to industry standards and help reduce
the risk of interaction with the body or the drug.
https://www.avient.com/sites/default/files/2022-10/OnColor NIR Sortable Colorants Product Bulletin.pdf
APPLICATIONS
OnColor NIR Sortable Colorants can benefit
the following stakeholders operating within the
packaging industry:
• Retailers
• Brand Owners
• Convertors
• Recycling Facilities
• Packaging Recovery Organizations
GLOBAL APPROVALS
• COTREP approved portfolio available
• APR Meets Preferred Guidance for PE and PP resins
Also sold as Cesa™ IR Black Additives
For any additional information on our color and additive
masterbatch portfolio for packaging and consumer
applications, please contact your local Avient representative.
https://www.avient.com/sites/default/files/2023-03/OnColor NIR Sortable Colorants Product Bulletin.pdf
APPLICATIONS
OnColor NIR Sortable Colorants can benefit
the following stakeholders operating within the
packaging industry:
• Retailers
• Brand Owners
• Convertors
• Recycling Facilities
• Packaging Recovery Organizations
GLOBAL APPROVALS
• COTREP approved portfolio available
• APR Meets Preferred Guidance for HDPE resin
For any additional information on our color and additive
portfolio for packaging and consumer applications,
please contact your local Avient representative.
Also sold as Cesa™ IR Black Additives
https://www.avient.com/sites/default/files/2024-10/Hydrocerol Chemical Foaming Agents Brochure.pdf
In addition to weight reduction and raw material
savings, Hydrocerol CFAs can provide several
other benefits that include:
• thermal and acoustic insulation
• increased stiffness-to-weight ratio
• elimination of warpage and sink marks
• more efficient processing
Automotive
Hydrocerol Chemical Foaming Agents are
particularly recommended for lightweighting
projects.
Additional advantages
include shorter injection molding cycle times and
improved part dimensional stability.
Additional advantages
include shorter injection molding cycle
times and improved part dimensional
stability.
https://www.avient.com/sites/default/files/resources/PolyOne%25202012%2520Annual%2520Report.pdf
Therefore, we may incur additional costs or liabilities in the
future.
we may be exposed to additional
goodwill impairment charges.
BayOne), which was
included in Global Color, Additives and Inks.
https://www.avient.com/sites/default/files/resources/PolyOne%25202017%2520Annual%2520Report.pdf
Please see Note 3, Discontinued Operations for additional
information.
Therefore, we may incur additional costs
or liabilities in the future.
See Note 5, Financing Arrangements
for additional information.
https://www.avient.com/sites/default/files/resources/PolyOne%25202017%2520Proxy%2520Statement.PDF
In addition, Mr.
Wulfsoff hn is a valuable addition to our Board.
Van Hulle, Senior Vice President,
President of Global Color, Additives and
Inks
Craig M.
https://www.avient.com/sites/default/files/2024-08/Avient-2023-Sustainability-Report_6.pdf
Color, Additives and Inks (CAI) Specialty Engineered Materials (SEM)
1.
Additional information can be found in our Human Rights Policy.
In addition to our global certifications, individual sites have obtained
additional certification specific to the products and customers they serve.