https://www.avient.com/news/avient-presenting-cutting-edge-sustainability-supporting-additives-flexible-packaging-coninflex-2024-brazil
Technology Manager, LATAM Color, Additives, and Inks, at Avient, will speak on additives and the future of plastics in flexible packaging at 2 p.m.
https://www.avient.com/news/avient-launches-new-stat-tech-tpes-ptfe-free-lubrione-internally-lubricated-formulations-fakuma-2023
In addition to its electrical conductivity, Stat-Tech TPEs offer benefits compared to silicone and thermoset rubber, including simplified manufacturing due to single-step fabrication, more design freedom for complex geometries, and 2-component overmolding directly onto polymer substrates, reducing processing steps.
https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520Credit%2520Suisse%2520w%2520non%2520GAAP%25206%252025%25202014.pdf
Slide 1
PolyOne Corporation Page 1
PolyOne Investor Presentation
Credit Suisse Basic Materials Conference
June 25-26, 2014
PolyOne Corporation Page 2
Forward-Looking Statements
In this presentation, statements that are not reported financial results or other historical information are “forward-looking statements” within the meaning of
the Private Securities Litigation Reform Act of 1995.
In addition, operating income before special items and
adjusted EPS are components of various PolyOne annual and long-term employee
incentive plans
S&P 500
All time high of
$42.47
June 6th, 2014
PolyOne Corporation Page 9
2006 Q1 2014 2015
“Where we were” “Where we are” Target
1) Operating Income %
Specialty:
Global Color, Additives & Inks 1.7% 13.8% 12 – 16%
Global Specialty Engineered
Materials
1.1% 11.6% 12 – 16%
Designed Structures & Solutions -- 6.5% 8 – 10%
Performance Products &
Solutions
5.5% 7.7% 9 – 12%
Distribution 2.6% 6.1% 6 – 7.5%
2) Specialty Platform % of
Operating Income
6.0% 64% 65 – 75%
3) ROIC* 5.0% 9.4% 15%
4) Adjusted EPS Growth N/A 42%
Double Digit
Expansion
Proof of Performance & 2015 Goals
*ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period
PolyOne Corporation Page 10
Bridge to $2.50 Adjusted EPS by 2015
2015 EPS: $2.50
2013 EPS: $1.31
Continued Gross Margin
Expansion
Mergers & Acquisitions
Spartech Accretion
Incremental Share Buybacks
Ongoing LSS Programs
(50-100 bps/yr)
Accelerated Innovation
& Mix Improvement
Several Levers to
Drive Growth
Mid Single Digit Revenue CAGR
PolyOne Corporation Page 11
Innovation Drives Earnings Growth
*Percentage of Specialty Platform revenue from products introduced in last five years
$20
$53
2006 2013
Research & Development
Spending
($ millions)
Specialty Platform
Vitality Index
Progression*
14.3%
30.7%
2006 2013
Specialty Platform
Gross Margin %
19.5%
43.0%
2006 2013
Specialty Vitality Index Target ≥ 35%
PolyOne Corporation Page 12
Healthcare
Consumer
Packaging and Additive Technology
Transportation
Unique and Innovative Solutions
https://www.dropbox.com/sh/dwe4t8aacvhb8ui/uD3p_bdglP/Presentation revise pics/GLS Beverage can closure XO 2.jpg
https://www.dropbox.com/sh/dwe4t8aacvhb8ui/-YgkycKypw/Anti-Counterfeiting release & images/GN1979.JPG
PolyOne Corporation Page 13
Megatrends Aligned with Key End Markets
Decreasing
Dependence
on Fossil
Fuels
Protecting
the
Environment
Improving
Health and
Wellness
Megatrend End Markets
Globalizing
and
Localizing
Health &
Wellness
Transportation
Packaging
Consumer
PolyOne Corporation Page 14
60%
100%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2008 2014
Pension Funding**
As of March 31, 2014
Debt Maturities & Pension Funding – 3/31/14
Net Debt / EBITDA* = 1.9x
$48
$317
$600
$0
$100
$200
$300
$400
$500
$600
$700
$800
2015 2020 2023
Debt Maturities
As of March 31, 2014
($ millions)
Coupon Rates: 7.500% 7.375% 5.250%
** includes US-qualified pension plans only *TTM 3/31/2014
PolyOne Corporation Page 15
Free Cash Flow and Strong Balance Sheet
Fund Investment / Shareholder Return
$0.16
$0.20
$0.24
$0.32
$0.10
$0.20
$0.30
$0.40
2011 2012 2013 2014
Annual Dividend
Expanding our sales, marketing,
and technical capabilities
Targets that expand our:
• Specialty offerings
• End market presence
• Geographic footprint
• Operating Margin
Synergy opportunities
Adjacent material solutions
Repurchased 1.4 million shares in
Q1 2014
Repurchased 6.4 million
shares since April 2013
13.6 million shares are
available for
repurchase under the
current authorization
Organic
Growth
Acquisitions
Share
Repurchases
Dividends
Investing in operational and
LSS initiatives (including
synergy capture)
Manufacturing alignment
PolyOne Corporation Page 16
Formula for Success
Innovation
Market
Beating
Performance
Excellence in Execution
PolyOne Corporation Page 17
The New PolyOne: A Specialty Growth Company
Why Invest In PolyOne?
https://www.avient.com/sites/default/files/resources/Investor%2520Day%2520-%2520May%25202012%2520-%2520Critical%2520Imperatives.pdf
Page 102
Critical Imperatives – Medium to Long Term
• Continue cultural and paradigm shift from
commodity compounder to collaborative formulator
as One PolyOne
• Accelerate innovation and leverage megatrends to
improve our mix of business with higher-margin improve our mix of business with higher-margin
specialty products
• Increase specialty contribution and advance
globalization via acquisitions
• Drive relentless execution and creative innovation as
key competitive differentiators
Page 103
2011
Proforma ColorMatrix
2015 Target
“Where we are” “Where we expect to be”
1) Operating Income %
Specialty 8.9%
PP&S 7.2%
12 – 16%
9 – 12%
Elevating our Expectations and Yours
PP&S 7.2%
Distribution 5.6%
2) Specialty Platform
% of Operating Income
50%
3) ROIC* (after-tax) 10%
4) Adjusted Annual
EPS Growth
3 yr CAGR = 71%
9 – 12%
6 – 7.5%
65 – 75%
15%
Double Digit Expansion
*ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period
Page 104
https://www.avient.com/news/textile-screen-printers-have-new-ally-epic-rio-non-phthalate-ink-mixing-system-wilflex
About Wilflex
PolyOne Wilflex Inks are more than just textile inks.
About PolyOne
PolyOne Corporation, with 2015 revenues of $3.4 billion, is a premier provider of specialized polymer materials, services and solutions.
Photos ©PolyOne
https://www.avient.com/resources/safety-data-sheets?page=932
1 - 2 UV GREY
STAN-TONE VCP-29580 AC20157 BLACK
BFI 10A-3116 NATURAL
https://www.avient.com/knowledge-base/article/whats-difference-tpes-vs-silicones?ind[]=21537
One caveat: Typical TPE shrinkage is around 2% while that of substrate materials is closer to 1%.
However, price per pound is just one aspect of the overall cost.
UV Resistance
https://www.avient.com/knowledge-base/article/whats-difference-tpes-vs-silicones
One caveat: Typical TPE shrinkage is around 2% while that of substrate materials is closer to 1%.
However, price per pound is just one aspect of the overall cost.
UV Resistance
https://www.avient.com/sites/default/files/resources/Terms_and_Conditions_regarding_Resale_of_PolyOne_Products.pdf
Microsoft Word - Terms and Conditions regarding Resale of PolyOne Products 10212011 Final.doc
Terms and Conditions
regarding Buyer Resale of PolyOne Products
The following provisions, in addition to PolyOne’s Terms and Conditions available at
www.avient.com/terms (“PolyOne Terms & Conditions”), shall apply to the respective purchase.
At no time shall Buyer serve as an agent of PolyOne, and Buyer has no authorization to enter into any
contract or commitment in the name of or on the behalf of PolyOne nor to incur any expense to or on
behalf of PolyOne’s account.
The relationship of the parties comprises that of seller and purchaser,
and no more, with the Buyer purchasing from PolyOne and reselling for its own account and risk.
2.
https://www.avient.com/resource-center?document_subtype=127&document_type=59&form_build_id=form-Ojq3VtEkRrXIsgZSyKvAgO_Z3JHuKtjJLR7xfOXoAI8&form_id=resource_filter_form&industry=0&op=FILTER RESULTS&product_family=81&product_name=0&product_subfamily=0&page=1
ECCOH™ 5981 BK UV - Aerial Drop Cable
ECCOH™ 5981 BK UV formulations provide versatility and thermal performance
ECCOH™ 5978 UV - Aerial Drop Cable Jacket