https://www.avient.com/sites/default/files/2024-10/Avient CDP Climate Change %26 Water Submission 20241001.pdf
We have also established a product carbon footprint team that focuses on providing product-specific
carbon footprint (PCF) metrics to downstream customers based on where and how the product is manufactured.
Product weight information is
collected and an average material production factor is used.
Add row]
(7.74.1) Provide details of your products and/or services that you classify as low-carbon products.
https://www.avient.com/sites/default/files/2024-09/Complet OnForce LFT Overview _ Brand Brochure.pdf
We
combine these technologies with an array of functional
additives to make your products perform better.
Avient makes no warranties or
guarantees respecting suitability of either Avient’s products or the information for your process or end-use application.
You have the responsibility to conduct full-scale end-product performance testing
to determine suitability in your application, and you assume all risk and liability arising from your use of the information and/or use or handling of any product.
https://www.avient.com/sites/default/files/2020-08/2020-composites-overmolding-overview.pdf
For molders, incorporating CFRTP overmolding
capabilities expands their product offering, opening
the door for increased market share.
Avient makes no warranties or
guarantees respecting suitability of either Avient’s products or the information for your process or end-use application.
You have the responsibility to conduct full-scale end-product performance testing
to determine suitability in your application, and you assume all risk and liability arising from your use of the information and/or use or handling of any product.
https://www.avient.com/sites/default/files/2023-11/Cesa Clean Processing Usage Guide.pdf
Avient makes no warranties or
guarantees respecting suitability of either Avient’s products or the information for your process or end-use application.
You have the responsibility to conduct full-scale end-product performance testing
to determine suitability in your application, and you assume all risk and liability arising from your use of the information and/or use or handling of any product.
AVIENT MAKES NO WARRANTIES, EXPRESS
OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE, either with respect to the information or products reflected by the
information.
https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520Jefferies%2520Conf%2520w%2520Non%2520GAAP%252008%252012%25202014.pdf
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to:
The final amount of charges resulting from the planned North American asset realignment and the Company’s ability to realize anticipated
savings and operational benefits from the asset realignment;
Our ability to achieve the strategic and other objectives relating to the acquisition of Spartech Corporation, 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;
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 in the markets 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, employee productivity goals, and an inability to raise or sustain prices for products or services;
An inability to raise or sustain prices for products or services;
An inability to maintain appropriate relations with unions and employees;
The inability to achieve expected results from our acquisition activities;
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
S&P 500
All time high of
$43.34
July 1st, 2014
PolyOne Corporation Page 8
2006 2014 YTD 2015
“Where we were” “Where we are” Target
1) Operating Income %
Specialty:
Global Color, Additives & Inks 1.7% 15.2% 12 – 16%
Global Specialty Engineered
Materials 1.1% 11.8% 12 – 16%
Designed Structures & Solutions -- 7.1% 8 – 10%
Performance Products &
Solutions 5.5% 8.0% 9 – 12%
Distribution 2.6% 6.0% 6 – 7.5%
2) Specialty Platform % of
Operating Income 6.0% 66% 65 – 75%
3) ROIC* 5.0% 9.9% 15%
4) Adjusted EPS Growth N/A 40% 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
(Est. in 2012)
PolyOne Corporation Page 9
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 10
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 11
Prototype Frame
Opportunity
Scale-up &
Test Market
Build
Business Case
Commercial
Launch
Phase
1
Phase
2
Phase
3
Phase
4
Phase
5
4
11
5
10
6
9
3 4 2
15
9
1
10
4
Breakthrough
Platform
Derivative
A Rich Pipeline of Opportunity*
Number of Projects 25 14 19 17 18 93
Addressable Market
($ millions)
TBD TBD $800 $450 $450 $1,700
*Pipeline as of May 29, 2014 as presented during our Innovation Day
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 June 30, 2014
Debt Maturities & Pension Funding – 6/30/14
Net Debt / EBITDA* = 1.8x
$48
$317
$600
$0
$100
$200
$300
$400
$500
$600
$700
$800
2015 2020 2023
Debt Maturities
As of June 30, 2014
($ millions)
Coupon Rates: 7.500% 7.375% 5.250%
** includes US-qualified pension plans only *TTM 6/30/2014
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 1.8 million shares in
Q2 2014
Repurchased 8.2 million
shares since early 2013
11.8 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
PolyOne Core Values
Innovation
Collaboration
Excellence
PolyOne Corporation Page 17
The New PolyOne: A Specialty Growth Company
Why Invest In PolyOne?
Platform operating income mix percentage 2005Y* 2008Y* 2010Y* 2013Y 2014 Q2
Global Color, Additives and Inks $ 4.3 $ 28.1 $ 37.7 $ 104.0 $ 68.1
Global Specialty Engineered Materials 0.4 17.6 49.7 57.2 37.2
Designed Structures and Solutions - - - 33.4 24.1
Specialty Platform $ 4.7 $ 45.7 $ 87.4 $ 194.6 $ 129.4
Performance Products and Solutions 75.7 31.3 54.0 56.0 33.6
Distribution 19.5 28.1 42.0 63.3 34.5
Joint ventures 91.9 28.6 18.9 - -
Corporate and eliminations (51.5) (425.1) (27.7) (82.4) (91.7)
Operating income (loss) GAAP $ 140.3 $ (291.4) $ 174.6 $ 231.5 $ 105.8
Less: Corporate operating expense 51.5 425.1 27.7 82.4 91.7
Operating income excluding Corporate $ 191.8 $ 133.7 $ 202.3 $ 313.9 $ 197.5
Specialty platform operating mix percentage 2% 34% 43% 62% 66%
* Historical results include the Resin and Specialty Coatings businesses within the Performance Products and Solutions segment.
https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520Credit%2520Suisse%2520w%2520non%2520GAAP%25206%252025%25202014.pdf
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to:
The final amount of charges resulting from the planned North American asset realignment and the Company’s ability to realize anticipated
savings and operational benefits from the asset realignment;
Our ability to achieve the strategic and other objectives relating to the acquisition of Spartech Corporation, including any expected synergies;
Our ability to successfully integrate Spartech and achieve the expected results of the acquisition, including, without limita tion, 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 a nd 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 in the markets 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, employee productivity goals, and an inability to raise or sustain prices for products or services;
An inability to raise or sustain prices for products or services;
An inability to maintain appropriate relations with unions and employees;
The inability to achieve expected results from our acquisition activities;
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, chang es in interest rates
and changes in the rate of inflation
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?
Platform operating income mix percentage 2005Y* 2008Y* 2010Y* 2013Y 2014 Q1
Global Specialty Engineered Materials $ 0.4 $ 17.6 $ 49.7 $ 57.2 $ 18.3
Global Color, Additives and Inks 4.3 28.1 37.7 104.0 30.4
Designed Structures and Solutions - - - 33.4 11.2
Specialty Platform $ 4.7 $ 45.7 $ 87.4 $ 194.6 $ 59.9
Performance Products and Solutions 75.7 31.3 54.0 56.0 16.0
Distribution 19.5 28.1 42.0 63.3 17.2
SunBelt Joint venture 91.9 28.6 18.9 - -
Corporate (51.5) (425.1) (27.7) (82.4) (36.7)
Operating income (loss) GAAP $ 140.3 $ (291.4) $ 174.6 $ 231.5 $ 56.4
Less: Corporate operating expense 51.5 425.1 27.7 82.4 36.7
Operating income excluding Corporate $ 191.8 $ 133.7 $ 202.3 $ 313.9 $ 93.1
Specialty platform operating mix percentage 2% 34% 43% 62% 64%
* Historical results include the Resin and Specialty Coatings businesses within the Performance Products and Solutions segment.
https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520GS%2520w%2520non%2520GAAP%25205_21_14.pdf
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to:
The final amount of charges resulting from the planned manufacturing realignment and the Company’s ability to realize anticipated savings and
operational benefits from the asset realignment;
Our ability to achieve the strategic and other objectives relating to the acquisition of Spartech Corporation, 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;
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 in the markets 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, employee productivity goals, and an inability to raise or sustain prices for products or services;
An inability to raise or sustain prices for products or services;
An inability to maintain appropriate relations with unions and employees;
The inability to achieve expected results from our acquisition activities;
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
S&P 500
All time high of
$39.55
May 13th, 2014
Page 8
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
Page 9
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
Page 10
Innovation Drives Earnings Growth
*Percentage of Specialty Platform revenue from products introduced in last five years
Page 11
$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
Healthcare
Consumer
Packaging and Additive Technology
Transportation
Page 12
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
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
Page 13
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
Page 14
The New PolyOne: A Specialty Growth Company
Why Invest In PolyOne?
Platform operating income mix percentage 2005Y* 2008Y* 2010Y* 2013Y 2014 Q1
Global Specialty Engineered Materials $ 0.4 $ 17.6 $ 49.7 $ 57.2 $ 18.3
Global Color, Additives and Inks 4.3 28.1 37.7 104.0 30.4
Designed Structures and Solutions - - - 33.4 11.2
Specialty Platform $ 4.7 $ 45.7 $ 87.4 $ 194.6 $ 59.9
Performance Products and Solutions 75.7 31.3 54.0 56.0 16.0
Distribution 19.5 28.1 42.0 63.3 17.2
SunBelt Joint venture 91.9 28.6 18.9 - -
Corporate (51.5) (425.1) (27.7) (82.4) (36.7)
Operating income (loss) GAAP $ 140.3 $ (291.4) $ 174.6 $ 231.5 $ 56.4
Less: Corporate operating expense 51.5 425.1 27.7 82.4 36.7
Operating income excluding Corporate $ 191.8 $ 133.7 $ 202.3 $ 313.9 $ 93.1
Specialty platform operating mix percentage 2% 34% 43% 62% 64%
* Historical results include the Resin and Specialty Coatings businesses within the Performance Products and Solutions segment.
https://www.avient.com/sites/default/files/resources/TRA%2520-%25202016%2520Annual%2520Report%2520for%252015%2520Tideman.pdf
lang=En&n=FD9B0E51-1
https://ec.ss.ec.gc.ca/auth/en/Services
about:/
about:/
about:/
General Information
Substance List
CAS RN Substance Name Releases Releases (Speciated VOCs) Disposals Recycling Unit
103231 Bis(2ethylhexyl) adipate 0.0000 N/A N/A N/A tonnes
117817 Bis(2ethylhexyl) phthalate 0.0001 N/A N/A N/A tonnes
85449 Phthalic anhydride N/A N/A N/A N/A tonnes
Extension
73642
Fax:
4164994687
Email:
darryl.chartrand@ch2m.com
Contact Type
Highest Ranking Employee
Name:
Robert Greenop
Position:
Plant Manager
Telephone:
5199385865
Email:
robert.greenop@polyone.com
Mailing Address:
Address Line 1:
City, Province/Territory, Postal Code: None
Country: None
Contact Type
Person who prepared the report
Name:
Najat Kamal
Position:
EHSQ specialist
Telephone:
5148089920
Email:
najat.kamal@polyone.com
Mailing Address:
Delivery Mode: GeneralDelivery
Address Line 1:
City, Province/Territory, Postal Code: None
Country: None
Number of employees:
16
Activities for Which the 20,000Hour Employee
Threshold Does Not Apply:
None of the above
Activities Relevant to Reporting Dioxins,
Furans and Hexacholorobenzene:
None of the above
Activities Relevant to Reporting of Polycyclic
Aromatic Hydrocarbons (PAHs):
Wood preservation using creosote: No
Is this the first time the facility is reporting to
the NPRI (under current or past ownership):
No
Is the facility controlled by another Canadian
company or companies:
No
Did the facility report under other
environmental regulations or permits:
No
Is the facility required to report one or more
NPRI Part 4 substances (Criteria Air
Contaminants):
No
Operating Schedule Days of the Week:
Mon, Tue, Wed, Thu, Fri
Usual Number of Operating Hours per day:
24
Usual Daily Start Time (24h) (hh:mm):
07:00
CAS RN Substance Name Releases Releases (Speciated VOCs) Disposals Recycling Unit
Applicable Programs
CAS RN Substance Name NPRI ON MOE TRA ON MOE Reg 127/01
First report for
this substance to
the ON MOE TRA
103231 Bis(2ethylhexyl) adipate Yes Yes Yes
117817 Bis(2ethylhexyl) phthalate Yes Yes No
85449 Phthalic anhydride Yes Yes No
General Information about the Substance Releases and Transfers of the Substance
CAS RN
Substance
Name
Was the substance
released onsite
The substance will be reported as the sum of releases
to all media (total of 1 tonne or less)
1 tonne or more of a Part 5 Substance
(Speciated VOC) was released to air
103231
Bis(2
ethylhexyl)
adipate
Yes Yes No
117817
Bis(2
ethylhexyl)
phthalate
Yes Yes No
85449
Phthalic
anhydride
No No No
General Information about the Substance Disposals and Offsite Transfers for Recycling
CAS RN
Substance
Name
Was the substance disposed of (onsite or off
site), or transferred for treatment prior to final
disposal
Is the facility required to report on disposals of
tailings and waste rock for the selected reporting
period
Was the substance
transferred offsite for
recycling
103231
Bis(2
ethylhexyl)
adipate
No No No
117817
Bis(2
ethylhexyl)
phthalate
No No No
85449
Phthalic
anhydride
No No No
General Information about the Substance Nature of Activities
CAS RN Substance Name Manufacture the Substance Process the Substance Otherwise Use of the Substance
103231 Bis(2ethylhexyl) adipate For sale/distribution As a formulation component As a byproduct
117817 Bis(2ethylhexyl) phthalate For sale/distribution As a formulation component As a byproduct
85449 Phthalic anhydride As a byproduct As a reactant As a byproduct
TRA Quantifications
CAS RN Substance Name Use, Creation, Contained in Product Quantity Use ranges for public reporting
103231 Bis(2ethylhexyl) adipate Use 0.000 tonnes Yes
103231 Bis(2ethylhexyl) adipate Creation 27.159 tonnes Yes
103231 Bis(2ethylhexyl) adipate Contained in Product 27.159 tonnes Yes
117817 Bis(2ethylhexyl) phthalate Use 0.000 tonnes Yes
117817 Bis(2ethylhexyl) phthalate Creation 0.104 tonnes Yes
117817 Bis(2ethylhexyl) phthalate Contained in Product 0.104 tonnes Yes
85449 Phthalic anhydride Use 4228.7 tonnes Yes
85449 Phthalic anhydride Creation 0.000 tonnes Yes
85449 Phthalic anhydride Contained in Product 4228.7 tonnes Yes
TRA Quantifications Others
CAS RN
Substance
Name
Change in Method
of Quantification
Reasons
for
Change
Description of how the change impact
tracking and quantification of the substance
Description of how an
incident(s) affected
quantifications
Significant
Process
Change
103231
Bis(2
ethylhexyl)
adipate
No
117817
Bis(2
ethylhexyl)
phthalate
No
85449
Phthalic
anhydride
No
CAS RN
Substance
Name
Change in Method
of Quantification
Reasons
for
Change
Description of how the change impact
tracking and quantification of the substance
Description of how an
incident(s) affected
quantifications
Significant
Process
Change
Total Quantity Released (All Media)
CAS RN Substance Name Category Basis of Estimate Detail Code Quantity
103231 Bis(2ethylhexyl) adipate Total Quantity Released O Engineering Estimates 0.0000 tonnes
117817 Bis(2ethylhexyl) phthalate Total Quantity Released O Engineering Estimates 0.0001 tonnes
Onsite Releases Quarterly Breakdown of Annual Releases
CAS RN Substance Name Quarter 1 Quarter 2 Quarter 3 Quarter 4
117817 Bis(2ethylhexyl) phthalate 25 25 25 25
Onsite Releases Reasons for Changes in Quantities Released from Previous Year
CAS RN Substance Name Reasons for Changes in Quantities from Previous Year Comments
103231 Bis(2ethylhexyl) adipate No significant change (i.e.
No Amount
117817
Bis(2ethylhexyl)
phthalate
The amount of reduction in the substance contained in product at the facility during the reporting period that resulted
due to the additional actions.
No Amount
85449
Phthalic
anhydride
The amount of reduction in the substance contained in product at the facility during the reporting period that resulted
due to the additional actions.
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520-%2520Gabelli%2520%2526%2520Co%2520Specialty%2520Chemicals%2520Conference.pdf
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 identify and evaluate acquisition targets and consummate acquisitions;
• The ability to successfully integrate acquired companies into our operations, retain the management teams of acquired
companies, retain relationships with customers of acquired companies, and achieve the expected results of such acquisitions,
including whether such businesses will be accretive to our earnings;
• 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;
• 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;
• Information systems failures and cyber attacks;
• Our ability to continue to pay regular cash dividends and the amounts and timing of any future dividends; 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
Use of Non-GAAP Measures
4POLYONE CORPORATION
FORMULATION
EXPERTISE SERVICE INNOVATION
Expertise in
Polymer
Materials,
Services and
Solutions
OEMs
Brand Owners
Processers
Assemblers
IQ Design Labs
InVisiOSM Color
Services
LSS Customer
First
Specialty products & services driving customer value
What We Do
5POLYONE CORPORATION
PolyOne At a Glance
2017 Revenue – $3.2 billion
Performance
Products &
Solutions
21%
PolyOne
Distribution
34%
Specialty
Engineered
Materials
19%
Color
Additives
& Inks
26%
United
States
59%
Europe
14%
Latin
America
9%
Canada
8%
Asia
10%
$0.13
$0.68
$0.82
$1.00
$1.31
$1.80
$1.96
$2.06
$2.21
2009 2010 2011 2012 2013 2014 2015 2016* 2017
Transportation
18%
Consumer
12%
Healthcare
11%
Packaging
11% Industrial16%
Building &
Construction
12%
Wire &
Cable 9%
Electrical &
Electronics
6%
Appliance
5%
*Recast for DSS in discontinued operations
6POLYONE CORPORATION
2%
43%
76%
0%
20%
40%
60%
80%
100%
2005 2010 2017
%
o
f O
pe
ra
tin
g
In
co
m
e*
*Operating Income excludes corporate charges and special items
Specialty OI $5M $87M $280M
JV’s Performance Products & Solutions
Specialty MixDistribution
Mix Shift Highlights Specialty Transformation
Distribution and Contract
Manufacturing Businesses
7POLYONE CORPORATION
Consistently Deliver Double Digit Annual EPS Growth
*ROIC is defined as TTM adjusted OI after tax divided by the sum of average debt and equity less cash over a 5 quarter period
Proof of Performance
2020 Platinum Vision
20%+
20%+
12 - 14%
6.5 – 7.5%
15%
2006 2017 2020
“Where we were” “Where we are” Platinum Vision
ROIC* 5.0% 14.0%
Operating Income % of Sales
Color, Additives & Inks 1.7% 15.5%
Specialty Engineered Materials 1.1% 12.5%
Performance Products & Solutions 5.5% 10.7%
Distribution 2.6% 6.3%
8POLYONE CORPORATION
$50
$116
$0
$40
$80
$120
$160
$200
2012 2014 2016 2018
10.8%
11.3%
10.0%
11.0%
12.0%
13.0%
14.0%
15.0%
2012 2014 2016 2017 2020
Platinum
Vision
*ROIC is defined as TTM adjusted OI after tax divided by the sum of average debt and equity less cash over a 5 quarter period
Free Cash Flow and Improving Returns
Free Cash Flow (in millions) ROIC*
$200 - $220
14.0%
$143
12.9%
15.0%
9POLYONE CORPORATION
$767M
Returning Cash to Shareholders
$0
$150
$300
$450
$600
$750
2011 2012 2013 2014 2015 2016 2017
Since 2011, we have returned over $950 million to shareholders
$767M
Cumulative Share Repurchases (in millions)
$0.16
$0.20
$0.24
$0.32
$0.40
$0.48
$0.58
$0.70
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
3-Year Dividend Plan
Increasing Annual Dividend
10POLYONE CORPORATION
Expanding our sales,
marketing, and
technical capabilities
Investing in
operational and LSS
initiatives
~60 - 70% of capital
expenditures fund
growth initiatives
Organic
Growth
Acquisitions
Share
Repurchases
Dividends
Targets that expand
our:
• Specialty offerings
• End market
presence
• Geographic breadth
Growth synergies
Adjacent material
solutions
Repurchased 2.0
million shares
in 2017
Repurchased 20.8
million shares
since early 2013
6.5 million shares
are available for
repurchase under
the current
authorization
Increased annual
dividend by 30% to
$0.70 per share,
representing the
eighth consecutive
year of dividend
growth
Expect to increase
annual dividend 60%
or more cumulatively
over next three years
Free Cash Flow and Strong Balance Sheet
Fund Investment / Shareholder Return
11POLYONE CORPORATION
*Specialty Platform revenue from products introduced in last five years
Vitality Index Progression*
12%
38%
2006 2017
Target ≥ 35%
Innovation Drives Earnings Growth
$20
$52
2006 2017
Research & Development Spend
($ millions)
Total Specialty Addressable Market of over $2.6 Billion
(10 Projects) (10 Projects)
($500 million)
(19 Projects)
($1.4 billion)
Innovation Pipeline Potential
Frame
Opportunity
Prototype Scale-up and
Test Market
Commercial
Launch
$500 Million $1.4 Billion $700 Million
Phase 5Phase 4Phase 3Phase 2Phase 1
Build Business
Case
12POLYONE CORPORATION
2017 2021
Key Innovation Growth Platforms
Composites
Barrier Additive
Technology
Fiber Colorants
Flame Retardant
Polymers
Increasing regulatory drive for halogen replacements
$400m addressable market
Drive to prevent oxygen, light and UV rays from affecting
contents in PET packaging, extending shelf life
$200m addressable market
60% of world fiber consumption is synthetic, need to
simplify manufacturing and eliminate waste
$300m addressable market
Polymer formulation and process engineering create a
pipeline for next generation materials
Drive to replace aluminum and steel with plastics without
compromising on strength
Total Sales
($millions)
2017 2021
2017 2021
2017 2021
13POLYONE CORPORATION
Providing LSS services to
small/medium sized customers –
have trained over 30 customers
in LSS methodology
Providing Industrial design and
color services to small/medium
sized customers
On time delivery above 95%
Strengthening Relationships:
Customer First Through World-Class Service
14POLYONE CORPORATION
Addressable market exceeds $40 billion
Strong performance demonstrates that our strategy and execution are
working
Megatrends and emerging opportunities align with strengths
Innovation and services provide differentiation, incremental pricing
power and competitive advantage
Strategic reinvestment for growth while returning cash to shareholders
Strong and proven management team driving growth and performance
Why Invest In PolyOne?
The New PolyOne: A Specialty Growth Company
Segment Highlights
16POLYONE CORPORATION
1.7%
4.6% 5.1%
5.5%
7.2% 8.1%
9.7%
12.2%
14.7%
16.7%
16.0%
20%+
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2020
2017 Revenue: $0.9 Billion
Key End Markets (% of revenue)
United
States
46%
Europe
31%
Asia 15%
Latin
America
4%
South
America
2%
Canada
2%
Platinum
Vision
Packaging
(27%)
Industrial
(14%)
Wire & Cable
(10%)
Textiles
(12%)
Transportation
(8%)
15.5%
Operating Income % of Sales
Color, Additives & Inks
At a Glance
17POLYONE CORPORATION
1.1% 1.3%
3.4%
5.1%
9.6%
8.0% 8.6%
9.3%
12.1%
14.7%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2020
Platinum
Vision
United
States
48%
Europe
28%
Asia
22%
Canada
2%
Consumer
(20%)
Transportation
(19%)
Electrical & Electronics
(15%)
Wire & Cable
(13%)
Healthcare
(11%)
12.5%
20%+
Key End Markets (% of revenue)
2017 Revenue: $0.6 Billion Operating Income % of Sales
14.3%
Specialty Engineered Materials
At a Glance
18POLYONE CORPORATION
5.5%
6.9%
3.8%
3.6%
5.5%
4.3%
6.3%
7.2% 7.7%
8.3%
12-14%
10.7%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2020
11.1%
United
States
77%
Canada
16% Latin America
5%
Asia
2%
Platinum
Vision
Building & Construction
(30%)
Transportation
(16%)
Wire & Cable
(15%)
Industrial
(18%)
Key End Markets (% of revenue)
2017 Revenue: $0.7 Billion Operating Income % of Sales
Performance Products & Solutions
At a Glance
19POLYONE CORPORATION
Transportation
23%
Healthcare
22%
Industrial
18%
Consumer
15% Appliance
7%
E & E
6%
B & C
4%
Packaging
3%
W & C
2%
4%
38%
2006 2017
ROIC*
2.6%
3.0% 3.5%
4.6%
5.6%
6.4% 5.9% 6.1%
6.6% 6.5 - 7.5%6.3%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2020
*After-Tax ROIC
6.4%
2017 Revenue: $1.2 Billion Key Suppliers
Operating Income % of Sales
4.0%
Platinum
Vision
Distribution
At a Glance
http://www.avient.com/Pages/VariationRoot.aspx
http://www.avient.com/Pages/VariationRoot.aspx
Target End Markets &
Application Examples
21POLYONE CORPORATION
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
22POLYONE CORPORATION
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
23POLYONE CORPORATION
Target End Markets… Consumer
Thermally Conductive
Components
Polymer Colorants
Elastomeric Grips and
Handles
Structural Composite
Components
24POLYONE CORPORATION
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
25POLYONE CORPORATION
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
26POLYONE CORPORATION
Optimize Color Usage
OnColorTM Super Concentrates
Eliminate costs by increasing
pigment density
Enhance color performance
without altering form and
formulation
Increasing design capabilities
by reducing weight and layer
thickness
27POLYONE CORPORATION
Combat Bacteria Formation
WithStandTM Antimicrobial Technology
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
28POLYONE CORPORATION
Medical Device Housings
Chemically Resistant Engineered Polymers
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
29POLYONE CORPORATION
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
30POLYONE CORPORATION
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
31POLYONE CORPORATION
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
32POLYONE CORPORATION
Smart Home Devices
ResilienceTM Vinyl Solutions
High flame retardancy to meet
strict UL standards
Greater processing and design
flexibility
Specialized additives provide
long term color stability
Diffusive lens materials improve
light dispersion
1
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(Dollars in millions, except per share data)
Senior management uses comparisons of adjusted net income from continuing operations attributable to PolyOne common shareholders, adjusted earnings per share (EPS)
attributable to PolyOne common shareholders and adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) to assess performance and allocate resources
because senior management believes that these measures are useful in understanding current profitability levels and that current levels may serve as a base for future performance.
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520-%2520RW%2520Baird%2520Global%2520Industrial%2520Conference.pdf
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 identify and evaluate acquisition targets and consummate acquisitions;
• The ability to successfully integrate acquired companies into our operations, retain the management teams of acquired
companies, retain relationships with customers of acquired companies, and achieve the expected results of such acquisitions,
including whether such businesses will be accretive to our earnings;
• 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;
• 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;
• Information systems failures and cyber attacks;
• Our ability to continue to pay regular cash dividends and the amounts and timing of any future dividends; 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
Use of Non-GAAP Measures
4POLYONE CORPORATION
INPUTS
FORMULATION
EXPERTISE
SERVICE VALUE
Base resins
Additives
Modifiers
Pigments
Expertise in
Polymer
Materials,
Services and
Solutions
OEMs
Brand Owners
Processers
Assemblers
InVisiO
SM
Color
Services
IQ Design Labs
LSS Customer
First
Specialty products & services
What We Do
Driving customer value
5POLYONE CORPORATION
$0.13
$0.68
$0.82
$1.00
$1.31
$1.80
$1.96
$2.06
2009 2010 2011 2012 2013 2014 2015 2016*
*Recast for DSS in discontinued operations
PolyOne At a Glance
Performance
Products &
Solutions
22%
PolyOne
Distribution
34%
Specialty
Engineered
Materials
18%
Color
Additives
and Inks
26%
2016
Revenue by
Segment
Adjusted Earnings per Share
2016
Revenue by
Geography
United
States
60%
Europe
15%
Latin
America
9%
Canada
7%
Asia
10%
6POLYONE CORPORATION
2%
43%
76%
0%
20%
40%
60%
80%
100%
2005 2010 3Q 2017
%
o
f
O
p
e
ra
ti
n
g
I
n
c
o
m
e
*
*Operating Income excludes corporate charges and special items **LTM 3Q 2017
Specialty OI $5M $87M $275M**
JV’s Performance Products & Solutions
Specialty MixDistribution
Mix Shift Highlights Specialty Transformation
Distribution and Contract
Manufacturing Businesses
7POLYONE CORPORATION
2014 2015 2016 2017
2014 2015 2016 2017
Driving Growth
• Refreshed training curriculum
for sales force
• Upgraded capabilities to generate
and capture new business leads
• Expanded R&D resources to focus
on key platforms
2014 2015 2016 2017
Investment in Commercial Resources
Commercial Resource Additions*
Total Sales CallsSales Opportunity Funnel (in billions)
*Sales, Marketing & Technology headcount
8POLYONE CORPORATION
*ROIC is defined as TTM adjusted OI after tax divided by the sum of average debt and equity less cash over a 5 quarter period
Proof of Performance & 2020 Platinum Vision
20%+
20%+
12 - 14%
6.5 – 7.5%
15%
Consistently Deliver Double Digit Annual EPS Growth
2006 YTD 2017 2020
“Where we were” “Where we are” Platinum Vision
ROIC* 5.0% 13.8%
Operating Income % of Sales
Color, Additives & Inks 1.7% 16.4%
Specialty Engineered Materials 1.1% 13.1%
Performance Products & Solutions 5.5% 11.4%
Distribution 2.6% 6.6%
9POLYONE CORPORATION
$50
$116
$137
$0
$40
$80
$120
$160
$200
2012 2014 2016 2017
10.8%
11.3%
12.9%
13.8%
10.0%
11.0%
12.0%
13.0%
14.0%
15.0%
2012 2014 2016 3Q 2017 2020
Platinum
Vision
Free Cash Flow
(in millions)
ROIC*
*ROIC is defined as TTM adjusted OI after tax divided by the sum of average debt and equity less cash over a 5 quarter period
Free Cash Flow and Improving Returns
15.0%
>$200
10POLYONE CORPORATION
$0.16
$0.20
$0.24
$0.32
$0.40
$0.48
$0.54
$0.70
$-
$0.10
$0.20
$0.30
$0.40
$0.50
$0.60
$0.70
$0.80
$0.90
$1.00
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Annual Dividend
7 Consecutive Years of Increased Dividends
3-Year Dividend Plan
Announced 30% increase
to dividend in October
2017, reflecting strong and
sustainable cash flow as
well as confidence in future
earnings growth
Expect to increase annual
dividend 60% or more
cumulatively over next
three years
11POLYONE CORPORATION
$767M
Returning Cash to Shareholders
$0
$150
$300
$450
$600
$750
2011 2012 2013 2014 2015 2016 3Q
2017
Cumulative Share Repurchases
(in millions)
Since 2011, we have
returned over $950 million
to shareholders
$192 million returned
through dividends
$767 million returned
through share
repurchases
Have repurchased 20.8
million shares since
early 2013
$767M
12POLYONE CORPORATION
Expanding our sales,
marketing, and
technical capabilities
Investing in
operational and LSS
initiatives
~60 - 70% of capital
expenditures fund
growth initiatives
Organic
Growth
Acquisitions
Share
Repurchases
Dividends
Targets that expand
our:
• Specialty
offerings
• End market
presence
• Geographic
breadth
Growth synergies
Adjacent material
solutions
Repurchased 2.0
million shares
YTD 2017
Repurchased 20.8
million shares
since early 2013
6.5 million shares
are available for
repurchase under
the current
authorization
Increased annual
dividend by 30% to
$0.70 per share,
representing the
seventh consecutive
year of dividend
growth
Free Cash Flow and Strong Balance Sheet
Fund Investment / Shareholder Return
13POLYONE CORPORATION
*Specialty Platform revenue from products introduced in last five years
Vitality Index Progression*
12%
42%
2006 2016
Target ≥ 35%
Innovation Drives Earnings Growth
Innovation Pipeline Potential
$20
$54
2006 2016
Research & Development Spending
($ millions)
Phase 1
Frame
Opportunity
12 Projects
Phase 2
Build Business
Case
10 Projects
Phase 3
Prototype
21 Projects
Phase 4
Scale-up &
Test Market
19 Projects
Phase 5
Commercial
Launch
10 Projects
$500 Million $1.4 Billion $700 Million
Total Specialty Addressable Market of over $2.6 Billion
14POLYONE CORPORATION
Key Innovation Growth Drivers
Composites
Barrier Additive
Technology
Fiber Colorants
Flame Retardant
Polymers
Increasing regulatory drive for halogen replacements
$400m addressable market
Drive to prevent oxygen, light and UV rays from affecting contents in PET
packaging, extending shelf life
$200m addressable market
60% of world fiber consumption is synthetic, need to simplify manufacturing
and eliminate waste
$300m addressable market
Polymer formulation and process engineering create a pipeline for next
generation materials
Drive to replace aluminum and steel with plastics without
compromising on strength
15POLYONE CORPORATION
Providing LSS services to
small/medium sized customers
54% of associates trained in LSS, with over
125 active black belts
Have trained over 30 customers in
LSS methodology
Providing training in Customer Centric
Selling Skills with customers
Providing Industrial design and color
services to small/medium sized
customers
On time delivery above 95%
Strengthening relationships:
Customer First Through World-Class Service
16POLYONE CORPORATION
Addressable market exceeds $40 billion
Strong performance demonstrates that our strategy and execution are
working
Megatrends and emerging opportunities align with strengths
Innovation and services provide differentiation, incremental pricing
power and competitive advantage
Strategic reinvestment for growth while returning cash to shareholders
Strong and proven management team driving growth
and performance
Why Invest In PolyOne?
The New PolyOne: A Specialty Growth Company
17POLYONE CORPORATION
Segment Highlights
18POLYONE CORPORATION
1.7%
4.6%
5.1%
5.5%
7.2%
8.1%
9.7%
12.2%
14.7%
16.7%
16.0%
20%+
16.4%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 YTD
2017
2020
Operating Income % of Sales
2016
Revenue:
$0.8 Billion
Key End Markets
(% of revenue)
United
States
45%
Europe
33%
Asia
15%
Latin
America
5%
Canada
2%
Platinum
Vision
At a Glance
Color, Additives & Inks
Packaging
(30%)
Industrial
(15%)
Wire & Cable
(10%)
Textiles
(9%)
Transportation
(9%)
19POLYONE CORPORATION
1.1% 1.3%
3.4%
5.1%
9.6%
8.0% 8.6%
9.3%
12.1%
14.7%
14.3%
20%+
13.1%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 YTD
2017
2020
Operating Income % of Sales
Platinum
Vision
At a Glance
Specialty Engineered Materials
2016
Revenue:
$0.6 Billion
United
States
51%
Europe
27%
Asia
20%
Canada
2%
Key End Markets
(% of revenue)
Consumer
(19%)
Transportation
(19%)
Electrical & Electronics
(15%)
Wire & Cable
(15%)
Healthcare
(11%)
20POLYONE CORPORATION
5.5%
6.9%
3.8%
3.6%
5.5%
4.3%
6.3%
7.2% 7.7%
8.3%
12-14%
11.4%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 YTD
2017
2020
Operating Income % of Sales
11.1%
At a Glance
Performance Products & Solutions
2016
Revenue:
$0.7 Billion
United
States
78%
Canada
16%
Latin
America
4%
Asia
2%
Platinum
Vision
Key End Markets
(% of revenue)
Building & Construction
(30%)
Transportation
(18%)
Wire & Cable
(16%)
Industrial
(16%)
21POLYONE CORPORATION
4%
36%
2006 2016
At a Glance
Distribution
2016
Revenue:
$1.1 Billion
Key
Suppliers
ROIC
Transportation
24%
Healthcare
22%
Industrial
18%
Consumer
15% Appliance
6%
E & E
5%
B & C
4%
Packaging
4%
W & C
2%
2.6%
3.0%
3.5%
4.0%
4.6%
5.6%
6.4%
5.9% 6.1%
6.6% 6.5 - 7.5%
6.4% 6.6%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 YTD
2017
2020
Operating Income % of Sales
*After-Tax ROIC
http://www.avient.com/Pages/VariationRoot.aspx
http://www.avient.com/Pages/VariationRoot.aspx
22POLYONE CORPORATION
Target End Markets &
Application Examples
23POLYONE CORPORATION
Target End Markets… Healthcare
Thermally Conductive Technologies
Chemical Resistant Technologies
Polymer Colorants
Elastomeric Grips and Handles
Structural Composites
Antimicrobial Technologies
Anti-Counterfeiting Technologies
24POLYONE CORPORATION
Under-hood Components
Target End Markets… Automotive
Interior Structural Components
Sound & Vibration Management
Roof Systems
Air Management
Electronics and Cameras
Lighting
Fluid Handling
Interior Trim
Exterior Trim
Braces & Brackets
Fasteners
Seals & Flaps
25POLYONE CORPORATION
Target End Markets… Packaging
Oxygen Scavenger Technologies
Laser Marking Additives
Antistatic Technologies
UV Light Barrier Technologies
Cap & Closure Colorants
Process Optimization Technologies
Antioxident Technologies
Density Modified Technologies
26POLYONE CORPORATION
Target End Markets… Consumer
Thermally Conductive Components
Polymer Colorants
Elastomeric Grips and Handles
Structural Composite Components
27POLYONE CORPORATION
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
28POLYONE CORPORATION
Optimize Color Usage
OnColorTM Super Concentrates
Eliminate costs by increasing
pigment density
Enhance color performance
without altering form and
formulation
Increasing design capabilities
by reducing weight and layer
thickness
29POLYONE CORPORATION
Combat Bacteria Formation
WithStandTM Antimicrobial Technology
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
30POLYONE CORPORATION
Medical Device Housings
Chemically Resistant Engineered Polymers
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
31POLYONE CORPORATION
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
32POLYONE CORPORATION
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
33POLYONE CORPORATION
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
34POLYONE CORPORATION
Smart Home Devices
ResilienceTM Vinyl Solutions
High flame retardancy to meet
strict UL standards
Greater processing and design
flexibility
Specialized additives provide
long term color stability
Diffusive lens materials improve
light dispersion
1
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(Dollars in millions, except per share data)
Senior management uses comparisons of adjusted net income from continuing operations attributable to PolyOne common shareholders, adjusted earnings per share (EPS)
attributable to PolyOne common shareholders and adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) to assess performance and allocate resources
because senior management believes that these measures are useful in understanding current profitability levels and that current levels may serve as a base for future performance.