https://www.avient.com/sites/default/files/resources/Investor%2520Day%2520-%2520May%25202012%2520-%2520Financial%2520Review.pdf
Page 93 2011 Highlights • Versus 2010, revenue growth of 9% drives 23% increase in adjusted operating income • Adjusted EPS expands 29% to all-time high of $1.02 Net Sales Adjusted Operating $1.02 Adjusted EPS $2,622 $2,643 $2,739 $2,061 $2,622 $2,864 Net Sales $88 $87 $72 $59 $147 $181 Adjusted Operating Income $0.12 $0.27 $0.21 $0.13 $0.79 $1.02 ($ millions) ($ millions) Page 94 2011 Highlights • Each platform contributed to our year over year operating income growth • Record OI achieved in Specialty and POD • Ten quarters of double-digit adjusted EPS expansion POD PP&SSpecialty Platform ROS%* 0.6% 1.5% 3.2% 4.3% 5.3% 8.4% 8.0% 2.9% 2.6% 3.0% 3.5% 4.0% 4.6% 5.6% 6.7% 5.5% 6.1% 3.1% 5.0% 7.0% 7.2% $20 $19 $22 $28 $25 $42 $56 O p e ra ti n g I n c o m e POD $76 $64 $66 $31 $33 $54 $62 O p e ra ti n g In c o m e PP&S $5 $13 $31 $46 $46 $87 $89 O p e ra ti n g I n c o m e Specialty Platform *ROS% is defined as adjusted operating income % of revenue ($ millions) Page 95 2011 Highlights • Continued portfolio repositioning � Sale of SunBelt equity investment � Acquisition of specialty companies ColorMatrix and Uniplen • World-class working capital of 9.6% maintained while improving on-time delivery to 94%improving on-time delivery to 94% 81% 87% 88% 95% 93% 92% 94% 2005 2006 2007 2008 2009 2010 2011 14.3% 16.2% 14.4% 18.9% 11.7% 9.6% 9.6% 2005 2006 2007 2008 2009 2010 2011 On-Time Delivery Working Capital % of Sales Page 96 First Quarter 2012 Highlights • Revenues increased 9% over Q1 2011 to a new quarterly record • Adjusted EPS increased 12% $0.26 $0.29 Q1 2011 Q1 2012 Adjusted EPS • Adjusted EPS increased 12% over prior year • All platforms delivered double-digit operating income growth Q1 2011 Q1 2012 $25.2 $14.7 $29.1 $17.8 $16.7 Specialty PP&S POD Q1 2011 Q1 2012 Adjusted Operating Income $14.3 ($ millions) Page 97 • Total Debt at 3/31/12 Less: Cash Net Debt • Available Liquidity $706 186 $520 $300 $360 $250 $300 $350 $400 $450 Debt Maturities As of 2012年3月31日 ($ millions) Debt Maturities & Liquidity Summary – 3/31/12 • Available Liquidity Cash ABL Availability Total Liquidity • Net Debt / EBITDA* = 1.9x $186 156 $342 *Adjusted EBITDA TTM Pro forma for ColorMatrix $50 $300 $0 $50 $100 $150 $200 $250 2015 2017 2020 Page 98 • Repurchased 6 million shares in 2011 Share Share RepurchaseRepurchase • Introduced a quarterly dividend in Q1 2011 and increased in Q1 DividendsDividends • Expanding our sales, marketing, and technical capabilities is top Organic Organic GrowthGrowth • Targets that expand our: • Specialty offering • End market presence AcquisitionsAcquisitions Use of Cash Current Cash Balance = $186M Net Debt / EBITDA* = 1.9X • 7.9 million shares remain available for repurchase under the current authorization increased in Q1 2012 • Objective of maintaining and growing capabilities is top priority • Investing in operational and LSS initiatives • CAPEX • End market presence • Geographic footprint • Synergy opportunities • Adjacent material solutions *Adjusted EBITDA TTM Pro forma for ColorMatrix Page 99 Page 100
https://www.avient.com/sites/default/files/2021-06/fl.us-.datasheet-nomex-meta-aramid.pdf
History Originally called HT-1, Nomex® was first developed in the 1960’s and made commercially available in 1967. FIBER-LINE®’s ability to add value to the already attractive properties of both Kevlar®Para-Aramid & Nomex® Meta-Aramid creates more opportunity in the market place to provide solution driven products to a diverse range of markets. • Because FIBER-LINE® already processes so many dif- ferent types and deniers of both Kevlar® & Nomex®, we have been authorized by DuPont™ to distribute small quantities of these fibers to an ever-growing customer base
https://www.avient.com/sites/default/files/2022-01/Kbis Avient Sàrl.pdf
Bourg-en-Bresse - 22/12/2021 - 10:38:15 page 2/2 RENSEIGNEMENTS RELATIFS A L'ACTIVITE ET AU PREMIER ETABLISSEMENT IMMATRICULE EN FRANCE Adresse de l'établissement La Vavrette Route Nationale 75 Bp 26 01250 Tossiat Nom commercial AVIENT Activité(s) exercée(s) Vente de produits en matière plastique ou à base de matières plastiques. achat, vente, importation et négoce en général de tous produits en matières plastiques ou à base de matières plastiques Date de commencement d'activité 02/08/2018 Origine du fonds ou de l'activité Création Mode d'exploitation Exploitation directe Le Greffier FIN DE L'EXTRAIT
https://www.avient.com/sites/default/files/resources/PolyOne%25202014%2520Annual%2520Report.pdf
s/ ROBERT M. s/ Robert M. s/ Robert M.
https://www.avient.com/sites/default/files/2023-10/ISO 22000 Certificate.pdf
Certificate Number: 255 ISO2P Date First Registered: 03/04/2023 Issued on: 11/04/2023 Valid until: 10/04/2026 Awarded to AVIENT PAKISTAN (PVT) LTD 1A/1, Sector#20, Korangi Industrial Area, Sector 20 Karachi, Pakistan In recognition of the Organization´s Food Safety Management System which complies with : ISO 22000:2018 Food Category : I For the scope of activities described below: Manufacturing & Processing of Polymer Resins & Master batch F-3/22/ A 100 Issue date : 06/2022 Version:03 It is mandatory to carry out the surveillance audit on its time.
https://www.avient.com/sites/default/files/2021-01/artisan-abs-fingerprint-detector-housing.pdf
FINGERPRINT DETECTOR H O U S I N G • Metallic effect • In-mold labeling replacement • Overmold on PC • Chemical resistance • Achieved metallic effects without secondary step of painting • Customized colors to achieve desired aesthetics of the design • Improved cost-effectiveness • Provided live technical support from concept to production Artisan™ AR7300-8001 M Silver Formulation KEY REQUIRMENTS WHY AVIENT ?
https://www.avient.com/sites/default/files/2020-10/mulch-films-case-study.pdf
Mulch films case study BIODEGRADABLE & COMPOSTABLE M U L C H F I L M S • Compliance with European Standard EN17033 or OK Compost • Black and white color standards available under different TÜV Austria certifications (OK Compost and more) • Full support for end-product certification for both EN13432 and EN17033 • Formulated with pigments tested and approved by certified body OnColor™ Bio-Colorants KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2020-08/colormatrix-flexcart-overview-2020.pdf
Footprint (LxW cm) 86 x 71 98 x 38 60 x 35 55 x 30 86 x 80 Typical max. throughput (kg/hr) 1000 625 250 50 120 Max. metering rate (cc/s) 10 10 10 1.8 1.25 Continuous use Yes Yes No No Yes Transfer pumps PC/Peri Peri NA NA PC Metering pumps PC/Peri PC/Peri PC/Peri Peri PC Interchangeable cassette Yes Yes Yes No Yes Typical PlanetPak delivery unit 25L 25L NA 1L 25L Other delivery packaging IBC/LN Drum/LN LN LN NA PC PUMP RATE (cc/rev) 0.09 0.28 0.87 2.6 5.2 RECOMMENDED OUTPUT RANGE (g/min) 0.9 to 9 2.8 to 28 8.7 to 87 26 to 260 53 to 520 PC PUMP MAX (g/min) 18 56 174 520 1040 CONTROLLER CMG 3000 FlexG CMG 5000 CMG 6000 Application Injection Molding Extrusion Injection Molding Extrusion Injection Molding Extrusion Injection Molding Extrusion Melt Injection Volumetric/gravimetric V V (weight data) V/G V/G Data export/network No Yes Yes Yes Touch screen No Yes Yes Yes Multiple log-in levels No No Yes Yes FlexCart Model S Optional Yes No Mini Model S No Yes No Micro Yes No Yes No Nano Yes No No No Melt Injection No No No Yes Choosing a progressive cavity pump for transfer or metering Choosing the controller MAKING THE RIGHT CHOICE Here are the options which should be considered for an informed choice of combinations: (Note: LN = 3, 5 & 10L molded container PC = Progressing Cavity Pump Peri = Peristaltic Pump) Avient can provide support and assistance on every aspect of liquid color and additive processing.
https://www.avient.com/sites/default/files/resources/POL%2520Gabelli%2520IR%2520Presentation%2520w%2520Non-GAAP%252003%252020%25202014.pdf
Use of Non-GAAP Measures Page 3 PolyOne Commodity to Specialty Transformation Page 4 • Continue specialty transformation • Targeting $2.50 Adjusted EPS by 2015, nearly double 2013 EPS • Drive double digit operating income and adjusted EPS growth • 17 consecutive quarters of double- digit adjusted EPS growth • Shift to faster growing, high margin, less cyclical end markets • Key acquisitions propel current and future growth, as well as margin expansion • Established aggressive 2015 targets • Steve Newlin Appointed, Chairman, President and CEO • New leadership team appointed • Implementation of four pillar strategy • Focus on value based selling, investment in commercial resources and innovation to drive transformation • Volume driven, commodity producer • Heavily tied to cyclical end markets • Performance largely dependent on non- controlling joint ventures 2000-2005 2006 - 2009 2010 – 2013 2014 and beyond -150.00% -50.00% 50.00% 150.00% 250.00% 350.00% PolyOne S&P 500 Russell 2000 Dow Jones Chemical All time high of $38.38 March 7th, 2014 • 17 consecutive quarters of double digit EPS growth • 49% CAGR adjusted EPS expansion 2006-2013 • 2013 stock price increased 73% versus 30% growth in the S&P • More than seven fold increase in market cap: $0.5b $3.6b Strategy and Execution Drive Results Page 5 Appliance 4% Building & Construction 13% Wire & Cable 9% Electrical & Electronics 5% Consumer 10%Packaging 16% Industrial 12% HealthCare 11% Transportation 18% Misc. 2% United States 66% Europe 14% Canada 7% Asia 6% Latin America 7% PP&S 20% Specialty 53% Distribution 27% 0.12 0.27 0.21 0.13 0.68 0.82 1.00 1.31 2.50 $0.00 $0.25 $0.50 $0.75 $1.00 $1.25 $1.50 $1.75 $2.00 $2.25 $2.50 2006 2007 2008 2009 2010 2011 2012 2013 2015 Target A dj us te d Ea rn in gs P er S ha re 2013 Revenues: $3.8 Billion End Markets 2013 Revenues: $3.8 Billion EPS Page 6 PolyOne At A Glance Old PolyOne Transformation *Operating Income excludes corporate charges and special items 2% 34% 43% 62% 65- 75% 0% 20% 40% 60% 80% 100% 2005 2008 2010 2013 2015 % o f O pe ra ti ng In co m e* JV's Performance Products & Solutions Distribution Specialty Specialty OI $5M $46M $87M $195M Target Mix Shift Highlights Specialty Transformation 2015 Target Page 7 2006 2013 2015 “Where we were” “Where we are” Target 1) Operating Income % Specialty: Global Color, Additives & Inks 1.7% 12.2% 12 – 16% Global Specialty Engineered Materials 1.1% 9.3% 12 – 16% Designed Structures & Solutions -- 5.6% 8 – 10% Performance Products & Solutions 5.4% 7.2% 9 – 12% Distribution 2.6% 5.9% 6 – 7.5% 2) Specialty Platform % of Operating Income 6.0% 62% 65 – 75% 3) ROIC* (after-tax) 5.0% 9.1% 15% 4) Adjusted EPS Growth N/A 31% 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 8 Bridge To $2.50 Adjusted EPS By 2015 2015 EPS: $2.50 2013 EPS: $1.31 Mid single digit revenue CAGR Page 9 Mergers & Acquisitions Spartech accretion Incremental share buybacks Ongoing LSS Programs (50-100 bps/yr) Accelerated Innovation & Mix Improvement Innovation Drives Earnings Growth $20.3 $52.3 2006 2013 Research & Development Spending ($ millions) Specialty Platform Vitality Index Progression* *Percentage of Specialty Platform revenue from products introduced in last five years Page 10 14.3% 30.7% 2006 2013 Specialty Platform Gross Margin % 19.5% 43.0% 2006 2013 Healthcare Consumer Packaging and Additive Technology Transportation Page 11 Unique and Innovative Solutions that Help Customers Win 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 Net Debt / EBITDA* = 1.8x $48 $317 $600 $0 $100 $200 $300 $400 $500 $600 $700 $800 2015 2020 2023 Significant Debt Maturities As of 2013年12月31日 ($ millions) Page 12 Coupon Rates: 7.500% 7.375% 5.250% Debt Maturities & Pension Funding – 12/31/13 *TTM 12/31/2013 ** includes US-qualified plans only 60% 100% 20% 30% 40% 50% 60% 70% 80% 90% 100% 2008 2013 Pension Funding** As of 2013年12月31日 Free Cash Flow and Strong Balance Sheet Fund Investment • Targets that expand our: • Specialty offerings • End market presence • Geographic footprint • Operating Margin • Synergy opportunities • Adjacent material solutions • Expanding our sales, marketing, and technical capabilities • Investing in operational and LSS initiatives (including synergy capture) • Manufacturing alignment Organic Growth Share Repurchases Dividends Acquisitions Page 13 $0.16 $0.20 $0.24 $0.32 $0.00 $0.10 $0.20 $0.30 $0.40 2011 2012 2013 2014 Annual Dividend • Repurchased ~5 million shares in 2013 • 15 million shares are available for repurchase under the current authorization The New PolyOne: A Specialty Growth Company 2015 Target: $2.50 Adjusted EPS Why Invest In PolyOne? Reconciliation to Condensed Consolidated Balance Sheets 2013 Short-term debt and current portion of long-term debt $ 12.7 Long-term debt 976.2 Less cash and cash equivalents (365.2) Net debt $ 623.7 Adjusted EBITDA 2013 Income before income taxes $ 151.0 Interest expense, net 63.5 Depreciation and amortization 108.8 Special items in EBITDA 31.7 Adjusted EBITDA $ 355.0 2 Platform sales and operating income (OI) 2006Y* 2013Y Global Specialty Engineered Materials sales $ 345.3 $ 615.5 Global Color, Additives and Inks sales 531.8 852.3 Designed Structures and Solutions sales - 597.4 Specialty Platform sales 877.1 2,065.2 Performance Products and Solutions sales 1,166.2 773.2 PolyOne Distribution sales 732.8 1,075.2 Corporate and eliminations (153.7) (142.4) Total sales $ 2,622.4 $ 3,771.2 Global Specialty Engineered Materials OI $ 3.9 $ 57.2 Global Color, Additives and Inks OI 8.9 104.0 Designed Structures & Solutions OI - 33.4 Specialty Platform OI 12.8 194.6 Performance Products and Solutions OI 64.2 56.0 PolyOne Distribution OI 19.2 63.3 Sunbelt Joint Venture OI 102.9 - Corporate and eliminations (4.6) (52.4) Special items in OI 39.1 (30.0) Operating income GAAP 233.6 231.5 Sunbelt equity income (107.0) - Special items in OI (39.1) 30.0 Adjusted operating income $ 87.5 $ 261.5 Global Specialty Engineered Materials - OI % of sales 1.1% 9.3% Global Color, Additives and Inks - OI % of sales 1.7% 12.2% Designed Structures & Solutions - OI % of sales - 5.6% Specialty platform OI - % of sales 1.5% 9.4% PP&S operating OI - % of sales 5.5% 7.2% Distribution OI - % of sales 2.6% 5.9% PolyOne OI adjusted - % of sales 3.3% 6.9% * Historical results include the Resin and Specialty Coatings businesses within the Performance Products and Solutions segment.
https://www.avient.com/sites/default/files/resources/Novel_Thermoplastic_elastomers_for_overmolding_applications.pdf
Surface energy match of various thermoplastic elastomers with rigid thermoplastics Engineering Plastics Polyamide 6,6 ABS Polycarbonate Acrylic Polystyrene Polypropylene Polyethylene Elastomer s COPA TPU COPE S-TPE TPV mPE Surface Energy (mN/m) 46 43 40 37 34 31 28 Engineering Plastics Polyamide 6,6 ABS Polycarbonate Acrylic Polystyrene Polypropylene Polyethylene Elastomer s COPA TPU COPE S-TPE TPV mPE Surface Energy (mN/m) 46 43 40 37 34 31 28 Figure 2. F H H O m C H H O *C H H n C* H H O *m C H H C H C H C H H C H H C H *z C C C N HH H * x y C H 3 O C H 3 O* O C *n 285-056 Peel adhesion 3.23 2.55 3.06 3.063.063.062.89 2.55 2.89 2.89 2.72 2.72 3.06 2.38 0.00 0.50 1.00 1.50 2.00 2.50 3.00 3.50 Lexan 141 Cycolac MG38 Cycoloy C2950 Xenoy 5220 Xenoy 1339 Injection speed: 25 mm/sec A vg . p ee l, N /m m Melt temp: 190°C Melt temp: 200°C Melt temp: 220°C Figure 5: GLS 285-056 adhesion values overmolded onto PC, ABS, PC/ABS and PC/PBT over a wide range of melt emperatures of the TPE. t 285-056 peel adhesion 2.893.06 2.89 2.38 2.55 2.55 2.89 2.55 2.89 3.063.06 2.89 2 3 25 50 75 Injection velocity, mm/sec A vg . p ee l, N /m m Lexan 141 Cycolac MG38 Cycoloy C2950 Xenoy 5220 Figure 6: GLS 285-056 adhesion values overmolded onto PC, ABS, PC/ABS and PC/PBT over a wide range of injection peeds. s 285-056 tensile properties: initial & aged after 1 week at 70°C. 2.35 1.60 2.77 2.30 1.66 2.77 0 0.5 1 1.5 2 2.5 3 Tensile Strength 100% Modulus 300% Modulus P as ca ls Initial Final Figure 7: Physical property retention of GLS 285-056 after 1week at 70°C.