https://www.avient.com/sites/default/files/2020-03/Global_High_Yield_%26_Leverage_Conference %281%29.pdf
T H E N E W P O L Y O N E : A S P E C I A L T Y G R O W T H C O M P A N Y
Transformational M&A with PP&S divestment and pending acquisition of
Clariant Masterbatch business
Growing leadership position in attractive markets
Innovation, technology and service are differentiators
Capital management is a strength: Record-setting cash generation to
continue for years
Proven acquisition strategy with robust pipeline
Commercial investments are fueling momentum and generating organic
growth
S E R V I C E :
T H E T I M E L E S S
D I F F E R E N T I A T O R
PolyOne Corporation 40
T A L E N T D E V E L O P M E N T
PolyOne Corporation 41
Leadership Program Participants
2012
2013
2014
2015
47
0
86
2016
2019
125
169
412
Campus Hires
2008
2011
2014
2017
0
25
90
47
PolyOne LSS Blackbelts
2008
2011
2014
2019
0
67
247
147
2019 134
A U N I Q U E C U S T O M E R E X P E R I E N C E
Industrial
Design
I Q D E S I G N
PolyOne Corporation 42
Computer
Aided
Engineering
Design
Strategy
3
15
2014 2019
Designers &
Engineers
$0
$15M
2014 2019
$4M
$87M
2014 2019
Opportunity funnel Total Revenue
L S S C U S T O M E R F I R S T
PolyOne Corporation 43
Customer Engagements
Enables sales growth by building more intimate
customer relationships, giving us insight to customers’
needs, with a service that is not easily replicated
2014 2019
2 210
I N N O V A T I N G W I T H P O L Y O N E
PolyOne Corporation 44
S E G M E N T H I G H L I G H T S
C O L O R , A D D I T I V E S & I N K S
E N D M A R K E T S & S O L U T I O N S
PolyOne Corporation 45
Solid
Colorants
Performance
Additives
Screen
Printing Inks
Liquid
Colorants
Packaging
31%
Industrial
14%
Textiles
13%
Wire &
Cable
10%
Building & Construction
9%
Consumer
8%
Transportation
7%
Healthcare
5%
Appliances
2%
Electrical & Electronics
1%
Operating Income & MarginRevenue by Region
C O L O R , A D D I T I V E S & I N K S
2 0 1 9 R E V E N U E | O V E R $ 1 B I L L I O N
PolyOne Corporation 46
Europe
34%
United
States
44%
Asia
15%
Canada
1%
Mexico
3%
South
America
3%
$4
$25
$104
$147
2005 2009 2013 2019
0.9%
5.5%
12.2%
14.7%
S P E C I A L T Y E N G I N E E R E D M A T E R I A L S
E N D M A R K E T S & S O L U T I O N S
PolyOne Corporation 47
Engineered
Formulations
Advanced
Composites
Thermoplastic
Elastomers
Wire & Cable
15%
Telecommunications
(FOC)
13%
Consumer
19%
Electrical & Electronics
12%
Healthcare
9%
Industrial
8%
Packaging
6%
Appliance
2%
Building &
Construction
2%
Transportation
14%
Note: (FOC) refers to Fiber Optic Cabling
S P E C I A L T Y E N G I N E E R E D M A T E R I A L S
Revenue by Region Operating Income & Margin
2 0 1 9 R E V E N U E | $ 7 5 0 M I L L I O N
PolyOne Corporation 48
Europe
27%
United
States
54%
Asia
17%
Canada
2%
$21
$57
$87
2005 2009 2013 2019
0.1%
5.1%
9.3%
11.6%
D I S T R I B U T I O N
E N D M A R K E T S & S U P P L I E R S
PolyOne Corporation 49
Healthcare
28%
Transportation
23%
Industrial
19%
Consumer
12%
Appliance
6%
Electrical &
Electronics
5%
Building &
Construction
4%
Packaging
2%
Wire & Cable
1%
Operating Income & Margin2019 Revenue | $1.2 Billion
$25
$63
$75
2005 2009 2013 2019
$20
2.9%
4.0%
5.9%
6.3%
http://www.avient.com/Pages/VariationRoot.aspx
O V E R V I E W O F R A W M A T E R I A L P U R C H A S E S
PolyOne Corporation 50
Performance
Additives
15%
Polyethylene
13%
Pigments
9%
Styrenic Block
Copolymer 7%
Nylon
7%
TiO2
6%
Polypropylene
5%
Dyestuffs
4%
Plasticizers
3%
Other Raw
Materials
31%
$900 million of raw material purchases in 2019 excluding Distribution business
Note: All figures exclude divested PP&S business
T A R G E T E N D M A R K E T S &
A P P L I C A T I O N E X A M P L E S
PolyOne Corporation 51
Thermally Conductive
Technologies
Chemical Resistant
Technologies
Polymer Colorants
Elastomeric Grips and
Handles
Structural Composites
Antimicrobial Technologies
Anti-Counterfeiting
Technologies
Target End Markets… Healthcare
Catheter Technologies
Under-hood Components
Target End Markets… Automotive
Interior Structural
Components
Sound & Vibration
Management
Roof Systems
Air Management
Electronics and Cameras
Lighting
Exterior / Interior Trim
Braces & Brackets
Fasteners
Seals & Flaps
Target End Markets… Consumer
Thermally Conductive
Components
Polymer Colorants
Elastomeric Grips and
Handles
Structural Composite
Components
Oxygen Scavenger
Technologies
Laser Marking Additives
Antistatic Technologies
UV Light Barrier Technologies
Cap & Closure Colorants
Process Optimization
Technologies
Antioxidant Technologies
Density Modified
Technologies
Target End Markets… Packaging
Impart weight, sound and
metallic finish to caps and
closures for cosmetics and
spirits applications
Elevate quality and
prestige perceptions
among high-end
consumers
Eliminate time and cost
associated with secondary
operations and assembly
Luxury Packaging
GravitechTM Density Modified Polymers
Eliminate costs by
increasing pigment density
Enhance color
performance without
altering form and
formulation
Increase design
capabilities by reducing
weight and layer thickness
Optimize Color Usage
OnColorTM Super Concentrates
Inhibit microbial growth on
polymer surfaces
Enhance value or products
and devices
Highly versatile
concentrate with the
ability to be incorporated
into a wide variety of
products
Combat Bacteria Formation
WithStandTM Antimicrobial Technology
Durable, long-lasting products stand
up to the most aggressive
disinfectants
Minimize environmental stress
cracking and discoloration
One of the broadest medically
approved polymer and colorant
portfolios
Medical Device Housings
Chemically Resistant Engineered Polymers
Color & Design Services
Greater control of color
development and supply chain
Work across entire design
process from concept to
commercialization
Inspire creativity in the use of
polymer materials, colors, and
effects
Innovative brand differentiation
Faster development timelines
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
ColorMatrix Fiber Colorant
Solutions
Proprietary advanced liquid color
formulations and equipment
enable greater efficiency and
productivity
Eliminates aqueous dyeing and its
associated wastewater treatment
Solid Color Concentrates
Extrusion-spun fibers colored via
solid masterbatch
Fiber Colorants
PolyOne Corporation 63
Global high yield & leveraged finance Conference
Forward Looking Statements
USE OF �NON-GAAP�MEASURES
Vision
Safety First
Commodity to Specialty Transformation
PolyOne�2019 Revenue | $2.9 billion
Slide Number 8
Sustainable Path to Double-Digit EPS Growth
Expansion of Commercial Resources driving growth
The Evolving Customer Relationship
Slide Number 12
Aligning with trends for Growth
Revenue from Sustainable Solutions
Innovation
3 Horizons of Development
Innovation Spotlight: Composites
COMPOSITE MATERIALS
COMPOSITEs Portfolio�Diverse Capabilities and Solutions Serving Manufacturers and OEMS
PolyOne applications in Fiber optic cables
Fiber optical growth drivers
Invest-to-Grow M&A Strategy
Invest-to-Grow M&A Playbook
Invest-to-Grow Proof of performance
Clariant Masterbatch Acquisition Drives�Next Level Specialty Transformation
Transformation Headlines
Fit with Four Pillar Strategy
End Market Transformation
End Market Transformation
Complementary Geographic Presence
Slide Number 31
PolyOne + Clariant Masterbatch Business
Over 85% of Adjusted EBITDA from Specialty
Transaction overview
Significant Synergy Opportunities
Attractive Financing Structure
Slide Number 37
Returning cash to shareholders�Over $1.2 Billion since 2011
Why Invest In PolyOne?
https://www.avient.com/sites/default/files/resources/PolyOne%25202016%2520Annual%2520Report%2520Web.pdf
The Producer Services business unit offers contract
manufacturing and outsourced polymer manufacturing services to resin producers and polymer marketers, primarily
in the United States and Mexico, as well as its own proprietary formulations for certain applications.
Toluca, Mexico 12.
Ramos Arizpe, Mexico 13.
https://www.avient.com/sites/default/files/resources/PolyOne%25202014%2520Annual%2520Report.pdf
The Producer Services business unit offers contract manufacturing and
outsourced polymer manufacturing services to resin producers and polymer marketers, primarily in the
United States and Mexico, as well as its own proprietary compounds for pressure pipe and drip
irrigation applications.
Revenue from these operations (principally from Canada, Mexico, Europe, South America and Asia)
was approximately 32% in 2014, 33% in 2013 and 40% in 2012 of our total revenues.
The Producer Services business unit offers contract manufacturing and
outsourced polymer manufacturing services to resin producers and polymer marketers, primarily in the
United States and Mexico, as well as its own proprietary compounds for pressure pipe and drip
irrigation applications.
https://www.avient.com/sites/default/files/resources/PolyOne%25202015%2520Annual%2520Report.pdf
The Producer Services business unit offers contract manufacturing and
outsourced polymer manufacturing services to resin producers and polymer marketers, primarily in the
United States and Mexico, as well as its own proprietary compounds for pressure pipe and drip
irrigation applications.
Toluca, Mexico 11.
Salisbury, Maryland
Mexico (11 Manufacturing 14.
https://www.avient.com/sites/default/files/resources/Polyone%2520AR.pdf
Toluca, Mexico 8.
Ramos Arizpe, Mexico 15.
The Producer
Services business unit offers contract manufacturing and outsourced polymer manufacturing services to resin
producers and polymer marketers, primarily in the United States and Mexico, as well as its own proprietary formulations
for certain applications.
https://www.avient.com/sites/default/files/2024-10/Avient CDP Climate Change %26 Water Submission 20241001.pdf
Row 16
(3.2.1) Country/Area & River basin
Mexico
☑ Verde
(3.2.2) Value chain stages where facilities at risk have been identified in this river basin
Select all that apply
☑ Direct operations
(3.2.3) Number of facilities within direct operations exposed to water-related risk in this river basin
1
(3.2.4) % of your organization’s total facilities within direct operations exposed to water-related risk in this river basin
Select from:
46
☑ Less than 1%
(3.2.10) % organization’s total global revenue that could be affected
Select from:
☑ Less than 1%
(3.2.11) Please explain
Data based on sites with extremely high water risk level from WRI.
Lawrence
60
☑ Yangtze River (Chang Jiang)
☑ Other, please specify :India West Coast, Gulf of Mexico
(3.6.1.8) Organization specific description
The sites have identified water-related activities that can help improve recyclability and reduce risk
Select from:
☑ No
(7.30.16.4) Consumption of purchased heat, steam, and cooling (MWh)
0
(7.30.16.5) Consumption of self-generated heat, steam, and cooling (MWh)
0
313
(7.30.16.6) Total electricity/heat/steam/cooling energy consumption (MWh)
665.63
(7.30.16.7) Provide details of the electricity consumption excluded
NA
Mexico
(7.30.16.1) Consumption of purchased electricity (MWh)
3337.62
(7.30.16.2) Consumption of self-generated electricity (MWh)
0
(7.30.16.3) Is some or all of this electricity consumption excluded from your RE100 commitment?
https://www.avient.com/sites/default/files/resources/PolyOne%25202012%2520Annual%2520Report.pdf
Revenue from these operations (principally from Canada, Mexico, Europe, South America and Asia)
was approximately 39% in 2012, 39% in 2011 and 36% in 2010 of our total revenues.
Toluca, Mexico (8 Distribution Facilities)
9.
Our operations are located primarily in the United States, Europe, Canada, Mexico, Asia and Brazil.
https://www.avient.com/sites/default/files/2022-03/Avient 2021 Annual Report.pdf
Santa Clara, Mexico 1.
Toluca, Mexico 2.
The following is a summary of sales and
long-lived assets based on the geographic areas where the sales originated and where the assets are located:
(In millions) 2021 2020 2019
Sales:
United States $ 2,281.2 $ 1,619.7 $ 1,560.4
Canada 151.8 107.6 140.6
Mexico 348.2 236.2 261.2
South America 85.8 51.4 27.8
Europe 1,195.6 729.8 556.2
Asia 756.2 497.4 316.5
Total Sales $ 4,818.8 $ 3,242.1 $ 2,862.7
2021 2020
Total Assets:
Color, Additives and Inks $ 2,965.2 $ 3,018.7
Specialty Engineered Materials 771.0 728.1
Distribution 384.9 244.9
Corporate and eliminations 876.1 878.8
Total $ 4,997.2 $ 4,870.5
2021 2020
Property, net:
United States $ 276.2 $ 261.8
Canada 1.3 1.4
Mexico 8.3 8.9
South America 19.6 20.1
Europe 172.4 224.5
Asia 198.3 178.2
Total Long lived assets $ 676.1 $ 694.9
Note 16 — DERIVATIVES AND HEDGING
We are exposed to market risks, such as changes in foreign currency exchange rates and interest rates.
https://www.avient.com/sites/default/files/2021-04/avient-sustain-2019-210419-interactive.pdf
Santa Clara, Mexico 8.
Toluca, Mexico 11.
North / Central
America
South
America
Europe Middle East/
Asia
Africa Australia
Canada Argentina Aland Islands Georgia Norway Afghanistan Kazakhstan Saudi Arabia Algeria South Africa Australia
Costa Rica Belize Armenia Germany Poland Azerbaijan Kyrgyzstan Singapore Egypt Tanzania New Caledonia
Dominican Republic Bolivia Austria Greece Portugal Bahrain Kuwait South Korea Ghana Tunisia New Zealand
El Salvador Brazil Belarus Hungary Romania Bangladesh Laos Sri Lanka Guinea Zambia
Guatemala Chile Belgium Iceland Serbia Bhutan Lebanon Taiwan Ivory Coast Zimbabwe
Haiti Colombia Bosnia Herzegovina Ireland Slovakia Cambodia Malaysia Tajikistan Kenya
Honduras Ecuador Bulgaria Italy Slovenia China Maldives Thailand Libya
Jamaica Paraguay Croatia Kosovo Spain Hong Kong Myanmar Turkey Madagascar
Mexico Peru Cyprus Latvia Sweden India Nepal United Arab Emir.
https://www.avient.com/sites/default/files/2022-08/Avient CDP_Climate_Change_Questionnaire_2022.pdf
Argentina
Belgium
Brazil
Canada
Chile
Avient CDP Climate Change Questionnaire 2022 Friday, July 29, 2022
3
China
Colombia
Finland
France
Germany
Guatemala
Hungary
India
Indonesia
Ireland
Italy
Luxembourg
Malaysia
Mexico
Netherlands
New Zealand
Pakistan
Peru
Poland
Saudi Arabia
Singapore
South Africa
Spain
Sweden
Taiwan, China
Thailand
Turkey
United Kingdom of Great Britain and Northern Ireland
United States of America
Viet Nam
C0.4
(C0.4) Select the currency used for all financial information disclosed throughout your
response.
Country/Region Scope 2, location-based
(metric tons CO2e)
Scope 2, market-based
(metric tons CO2e)
Belgium 1,243.62 691.39
Brazil 480.87 480.87
Canada 329.82 329.82
China 23,797.07 23,797.07
Finland 114.42 330.47
France 535.28 582.35
Germany 7,895.84 9,832.75
Hungary 607.19 727.07
India 5,802.46 5,802.46
Italy 6,122.27 0
Luxembourg 31.21 31.21
Mexico 1,475.71 1,475.71
Netherlands 112.1 137.1
Peru 37.66 37.66
Poland 2,523.79 3,019.31
Saudi Arabia 9,551.49 9,551.49
Avient CDP Climate Change Questionnaire 2022 Friday, July 29, 2022
73
Singapore 1,541.95 1,541.95
Spain 5,987.13 4,151.9
Thailand 4,236.59 4,236.59
United Kingdom of Great Britain and
Northern Ireland
665.1 1,067.71
United States of America 48,357.61 5,253.3
Turkey 3,091.23 3,091.23
Guatemala 341.85 341.85
Pakistan 1,067.72 1,067.72
Argentina 323.96 211.66
South Africa 1,051.95 1,051.95
Indonesia 1,346.96 1,346.96
Chile 55.87 55.87
Sweden 25.47 0
New Zealand 243.38 243.38
Viet Nam 436.12 436.12
Colombia 303.87 303.87
Ireland 307.26 464.48
Malaysia 503.02 503.02
Taiwan, China 3,695.95 3,695.95
C7.6
(C7.6) Indicate which gross global Scope 2 emissions breakdowns you are able to
provide.
No
Country/area
Mexico
Consumption of electricity (MWh)
3,704.69
Consumption of heat, steam, and cooling (MWh)
0
Total non-fuel energy consumption (MWh) [Auto-calculated]
3,704.69
Is this consumption excluded from your RE100 commitment?