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DATA C O M M U N I C AT I O N S C A B L E M A N U FA C T U R E R M I C R O C O A X C A B L E S • Achieve required level of deep black and opacity • Maintain a let down ratio (LDR) of approximately 5% • Ensure there are no clumps in the finished part • Conform to RoHS REACH compliance requirements • Delivered desired level of black and opacity to optimize conductivity • Provided LDR within the acceptable range, resulting in consistent processibility • Formulated a RoHS REACH compliant solution that helped lessen data interference by avoiding clumps in the finished part Colorant Chromatics™ PFA Jet Black KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2024-11/reSound REC Recycled Content TPEs Selection Guide.pdf
reSound™ REC VX2800-0001 I 65A Natural reSound™ REC VX2800-0001 I 65A Black reSound™ REC VX2800-0002 I 65A Black reSound™ REC VX0100-0001 AR I 80A Black Recycled Content PIR PIR PIR PIR Recycled Content, % 25% 25% 40% 30% Recycled Source Carpet Backing, Nonwovens, Films, Super Sacks Carpet Backing, Nonwovens, Films, Super Sacks Proprietary Blend Proprietary Blend Hardness, Shore A 65 65 65 80 Color Natural Black Black Black Specific Gravity 0.88 0.89 0.88 1.05 Tensile Strength, PSI 784 788 1023 1400 Elongation at Break, % 687 662 673 700 Compression Set @ Room Temperature 29 27 30 – OM Substrate PP PP PP PC, ABS, PC/ABS Processing IM or OM IM or OM IM or OM IM or OM Agency Rating – – – – NORTH AMERICA GRADES reSound™ REC VX2800-9003 C 47A Natural reSound™ REC VX2800-9004 C 54A Natural reSound™ REC VX2800-0001 C 65A Black Recycled Content PCR PCR PCR Recycled Content, % 25% 25% 25% Recycled Source Transportation Transportation Ocean-boundPlastic Hardness, Shore A 47 54 65 Color Natural Natural Black Specific Gravity 0.94 0.95 0.89 Tensile Strength, PSI 250 311 900 Elongation at Break, % 585 581 670 Compression Set @ Room Temperature – – 25 OM Substrate PP PP PP Processing IM or OM IM or OM IM or OM Agency Rating – – – Automotive Testing* – – – NORTH AMERICA GRADES *Additional testing can be performed to confirm specific customer requirements. NORTH AMERICA GRADES reSound™ REC VX2800-0003 C 65 Gray reSound™ REC OF 7310-80 reSound™ REC OF 7310-90 reSound™ REC GP 7820-340 reSound™ REC GP 7820-360 reSound™ REC GP 7820-380 Recycled Content PCR/PIR Blend PCR/PIR Blend PCR/PIR Blend PCR/PIR Blend PCR/PIR Blend PCR/PIR Blend Recycled Content, % 25% 35% 45% 60% 60% 60% Recycled Source Food Packaging Food Packaging Food Packaging Transportation, Industrial Transportation, Industrial Transportation, Industrial Hardness, Shore A 65 80 90 36 63 77 Color Gray Black/Natural (Gray) Black/Natural (Gray) Natural Natural Natural Specific Gravity 0.88 0.9 0.91 0.95 0.98 1.0 Tensile Strength, PSI 831 1120 1590 1027 1012 1173 Elongation at Break, % 620 570 520 1600 1200 1000 Compression Set @ Room Temperature 26 32 37 24 30 39 OM Substrate PP PP PP PP PP PP Processing IM or OM IM IM IM IM IM Agency Rating Application Specific FDA – – – – – Automotive Testing* – VOC & FOG (VDA 278), Odor (VDA 270) VOC & FOG (VDA 278), Odor (VDA 270) – – – reSound™ REC VX7900-5001 C I 30A Natural reSound™ REC VX7900-5001 C I 50A Natural reSound™ REC VX7900-5001 C I 70A Natural reSound™ REC AF 7210-140 B reSound™ REC AF 7210-150 B reSound™ REC AF 7210-160 B reSound™ REC AF 7210-170 B reSound™ REC AF 7210-180 B reSound™ REC AF 7210-190 B Recycled Content PIR/PCR Blend PIR/PCR Blend PIR/PCR Blend PIR/PCR Blend PIR/PCR Blend PIR/PCR Blend PIR/PCR Blend PIR/PCR Blend PIR/PCR Blend Recycled Content, % 81% 81% 83% 59% 57% 54% 57% 56% 51% PIR Recycled Source Proprietary Blend Proprietary Blend Proprietary Blend Transportation Transportation Transportation Transportation Transportation Transportation PCR Recycled Source Transportation/Industrial Transportation/ Industrial Transportation/ Industrial Transportation Transportation Transportation Transportation Transportation Transportation Hardness, Shore A 30 50 70 43 51 61 70 81 90 Color Natural Natural Natural Black Black Black Black Black Black Specific Gravity 1.14 1.16 1.16 0.97 0.98 0.98 0.98 0.99 0.99 Tensile Strength, MPa 2.39 3.23 3.35 4 5 5 8 10 13 Elongation at Break, % 796 654 515 1013 993 981 935 876 829 Compression Set @ Room Temperature 16 24 37 41 44 44 48 54 55 OM Substrate PP PP PP PP PP PP PP PP PP Processing IM or OM IM or OM IM or OM IM IM IM IM IM IM EUROPE GRADES reSound™ REC VX2800-5032 C 47A Natural reSound™ REC VX2800-5033 C 54A Natural reSound™ REC GP 7820-140 reSound™ REC GP 7820-160 reSound™ REC GP 7820-180 Recycled Content PCR PCR PCR PCR PCR Recycled Content, % 61% 61% 60% 60% 60% PCR Recycled Source Transportation Transportation Transportation/Industrial Transportation/ Industrial Transportation/ Industrial Hardness, Shore A 47 54 38 57 77 Color Natural Natural Natural Natural Natural Specific Gravity 0.96 0.96 0.94 0.97 1.0 Tensile Strength, MPa 1.80 2.00 7.19 6.65 7 Elongation at Break, % 766 682 1590 1380 1010 Compression Set @ Room Temperature 28 29 28 32 38 OM Substrate PP PP PP PP PP Processing IM or OM IM or OM IM IM IM EUROPE GRADES ASIA GRADES - PIR reSound™ REC VX3120-801 I 65A Natural reSound™ REC VX3120-802 I 65A Natural reSound™ REC VX3120-803 I 65A Natural Recycled Content PIR PIR PIR Recycled Content, % 20% 40% 60% Recycled Source Textile Industry Textile Industry Textile Industry Hardness, Shore A 67 68 68 Color Natural Natural Natural Specific Gravity 1.11 1.10 1.11 Tensile Strength, PSI 1450 1229 1151 Elongation at Break, % 752 709 653 OM Substrate PC, ABS, PC/ABS PC, ABS, PC/ABS PC, ABS, PC/ABS Processing IM or OM IM or OM IM or OM reSound™ REC DY 7810-801 C 30A Natural reSound™ REC DY 7810-801 C 40A Natural reSound™ REC DY 7810-801 C 50A Natural reSound™ REC DY 7810-801 C 60A Natural reSound™ REC DY 7810-801 C 70A Natural reSound™ REC DY 7810-801 C 80A Natural reSound™ REC DY 7810-801 C 90A Natural reSound™ REC DY 7820-801 C 30A Natural reSound™ REC DY 7820-801 C 40A Natural reSound™ REC DY 7820-801 C 50A Natural reSound™ REC DY 7820-801 C 60A Natural reSound™ REC DY 7820-801 C 70A Natural reSound™ REC DY 7820-801 C 80A Natural reSound™ REC DY 7820-801 C 90A Natural reSound™ REC 3630-801C 40N reSound™ REC 3630-801C 50N reSound™ REC 3630-801C 60N reSound™ REC 7850-90N FR reSound™ REC GP 7820-240 reSound™ REC GP 7820-260 reSound™ REC GP 7820-280 Recycled Content PCR PCR PCR PCR PCR PCR PCR PCR PCR PCR PCR PCR PCR PCR PCR PCR PCR PCR PCR PCR PCR Recycled Content, % 9% 12% 15% 21% 23% 30% 39% 60% 60% 60% 60% 60% 60% 60% 45% 45% 45% 32% 60% 60% 60% Recycled Source Food Packaging Food Packaging Food Packaging Food Packaging Food Packaging Food Packaging Food Packaging Food Packaging, Transportation Food Packaging, Transportation Food Packaging, Transportation Food Packaging, Transportation Food Packaging, Transportation Food Packaging, Transportation Food Packaging, Transportation Food Packaging, Transportation Food Packaging, Transportation Food Packaging, Transportation Food Packaging Transportation, Industrial Transportation, Industrial Transportation, Industrial Hardness, Shore A 30 40 50 60 70 80 90 30 40 50 60 70 80 90 40 49 58 85 39 57 80 Color Natural Natural Natural Natural Natural Natural Natural Natural Natural Natural Natural Natural Natural Natural Natural Natural Natural Natural Natural Natural Natural Specific Gravity 0.88 0.89 0.89 0.88 0.88 0.89 0.89 0.95 0.94 0.97 0.97 0.99 1.01 1.02 0.90 0.90 0.90 1.04 0.95 0.98 1.0 Tensile Strength, PSI 678 889 939 964 1057 1328 1619 663 804 830 859 844 1007 1279 830 965 985 1250 938 1089 1479 Elongation at Break, % >1000 983 893 750 726 699 599 1028 948 880 807 681 642 640 700 700 650 310 1600 1360 1090 OM Substrate PP PP PP PP PP PP PP PP PP PP PP PP PP PP PC, ABS, PC/ABS PC, ABS, PC/ABS PC, ABS, PC/ABS – PP 30 39 Processing IM or OM IM or OM IM or OM IM or OM IM or OM IM or OM IM or OM IM or OM IM or OM IM or OM IM or OM IM or OM IM or OM IM or OM IM or OM IM or OM IM or OM EM IM IM IM ASIA GRADES - PCR Copyright © 2024, Avient Corporation.
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B A I R D G L O B A L I N D U S T R I A L C O N F E R E N C E N O V E M B E R 2 0 1 9 F O R W A R D L O O K I N G S T A T E M E N T S PolyOne Corporation 2 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. V I S I O N PolyOne Corporation 4 To be the world’s premier provider of specialized polymer materials, services and solutions C O R E V A L U E S P E R S O N A L V A L U E S Honesty IntegrityRespect Operational Excellence Commercial Excellence Specialization Globalization Collaboration ExcellenceInnovation To be the world’s premier provider of specialized polymer materials, services and solutions S A F E T Y F I R S T PolyOne Corporation 5 Injuries per 100 Workers Spartech Acquisition 1.3 1.1 1.1 0.85 0.65 0.57 0.54 0.97 0.84 0.74 0.74 0.69 0.51 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 PolyOne Corporation 6 P O L Y O N E P R O F O R M A 2 0 1 8 R E V E N U E | $ 2 . 9 B I L L I O N * Segment End Market Geography Transportation 15% Healthcare 15% Industrial 14% Packaging 13% Consumer 12% Wire & Cable 11% Building & Construction 6% Electrical & Electronics 6% Textiles 5% Appliance 3% Color Additives & Inks 34% Distribution 41% Specialty Engineered Materials 25% United States 54% Europe 20% Asia 11% Latin America 10% Canada 5% *Pro Forma excluding PP&S and including Fiber-Line PolyOne Corporation 204 P R O O F O F P E R F O R M A N C E C O N S E C U T I V E Y E A R S 1 0 A D J U S T E D E P S E X P A N S I O N $1.51 $1.61 S U S T A I N A B L E P A T H T O D O U B L E - D I G I T E P S G R O W T H PolyOne Corporation 8 P E O P L E P R O D U C T S P L A N E T P E R F O R M A N C E Double digit annual EPS growth Expand specialty portfolio with strategic acquisitions Innovate and develop new technologies and services Repurchase 600K-1M shares annually Increase commercial resources 5-7% annually Double acquired company margins Enhance efficiencies through Lean Six Sigma and commercial excellence 531 710130 164 504 663 2014 2018 R&D / Technical Marketing Sales PolyOne Corporation 9 Increased commercial headcount + 34% + 26% + 32% I N V E S T M E N T I N C O M M E R C I A L R E S O U R C E S D R I V I N G G R O W T H Sustained revenue increases led by organic business $2.9 $2.9 $3.2 $3.5 2015 2016 2017 2018 Total + 9% Organic + 5% Revenue in billions of $ Total + 10% Organic + 7% Lead Specialists T H E E V O L V I N G C U S T O M E R R E L A T I O N S H I P PolyOne Corporation 10 Expanded Path Traditional Path Strategic Accounts/ Field Sales Business Development Customer Service Web and Social Media Inside Sales PolyOne Corporation 11 Investments in digital and dedicated inside sales to improve customer experience 110% increase in leads (from 6,000 to 12,700) driven by website, phone, and online chat E X P A N D E D P A T H A D D I N G C U S T O M E R T O U C H P O I N T S 4 24 2014 2018 Inside sellers $11M $109M 2014 2018 Inside sales/digital revenue A L I G N I N G W I T H T R E N D S F O R G R O W T H T R A N S P O R T A T I O N P A C K A G I N G H E A L T H C A R E C O N S U M E R PolyOne Corporation 12 Facilitate alternative energy solutions Light- weighting Reduce packaging materials Improve recyclability Reduce spread of infection I N N O V A T I O N PolyOne Corporation 13 Customization 55% M&A 30% Innovation Pipeline 15% Innovation comes from Research & Development Spend ($ millions) Vitality Index % of sales from products launched last 5 years 12% 35% 2006 2018 $20 $56 2006 2018 Transformational Opportunity for Growth Through M&A Adjacent Opportunity for Growth Through New Product Pipeline Core Customization 3 H O R I Z O N S O F D E V E L O P M E N T PolyOne Corporation 14 Incremental development from existing base of technology New development adjacent to current technology New technology development outside of and with our current base Service adjacent markets and customers Create new markets, target new customer needs Service existing markets and customers Market Technical I N N O V A T I O N Non-Halogen Flame Retardants Barrier Technologies Fiber Colorants Advanced Composites Thermoplastic Elastomers Gordon Composites/ Polystrand – Composites GLS – Thermoplastic Elastomers ColorMatrix – Liquid Color & Additives PlastiComp Fiber-Line I N N O V A T I O N S P O T L I G H T : C O M P O S I T E S PolyOne Corporation 15 C O M P O S I T E S R E F R E S H E R PolyOne Corporation 16 Fiber Polymer Composite Strength Design Flexibility Continuous Fiber Thermoset Composites Short Glass Fiber Thermoplastics Continuous Fiber Thermoplastic Composites Long Glass Fiber Thermoplastics S T R A T E G I C I N V E S T M E N T H I S T O R Y Acquired Polystrand Installed LFT production Avon Lake Acquired Gordon Composites Thermoplastic Composites Long Fiber Reinforced Thermoplastics Continuous Fiber Thermosets Long Fiber Thermoplastic (LFT) Technology Installed LFT production Barbastro, Spain Acquired Glasforms Long Fiber Reinforced Thermoplastics Continuous Fiber Thermosets 2012 2015 20162009 2011 Acquired PlastiComp, specialty LFT producer 2018 PolyOne Corporation 2019 Acquired Fiber-Line, specialty fiber processor 17 C O M P O S I T E S I N T R A N S P O R T A T I O N PolyOne Corporation 18 W A T E R C R A F TR A I L H E A V Y T R U C K Bulkheads and Transoms Ceilings and Hatches Doors and Cabinetry Flooring Door Panels Side Walls Flooring & Side Panels Aerodynamic Fairings Seat and Bunk Reinforcements P O L Y O N E A P P L I C A T I O N S I N F I B E R O P T I C C A B L E S PolyOne Corporation 19 1. 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 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 Expand ROIC while increasing invested capital 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 28 T A L E N T D E V E L O P M E N T PolyOne Corporation 29 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 2018 141 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 L A B S PolyOne Corporation 30 Material & Color Expertise Manufacturing Expertise 3 14 2014 2018 Industrial designers $0 $10M 2014 2018 $4M $80M 2014 2018 Opportunity funnel New business revenue L S S C U S T O M E R F I R S T PolyOne Corporation 31 Customer Projects Enables sales growth by building more intimate customer relationships, giving us insight to customers’ needs, with a service that is not easily replicated 2014 2018 2 104 3 D P R I N T I N G B R I N G I N G N E W I D E A S T O L I F E PolyOne Corporation 32 Enables validation of fit and function Shortens design cycle and time to market Avoids tooling rework Drives innovation Delivers substantial customer value PolyOne Corporation 33 From concept to production M O N T H M O N T H M O N T H M O N T H M O N T H M O N T H 99.9% Reduction in turnaround time Traditional Timeline up to 24 weeks PolyOne ColorMatrix Select™ 6 hours Innovative system for processors and OEMs to develop colors in real time Complete system that provides customers with the freedom to match, prototype and produce color entirely within their own facility C O L O R M A T R I X S E L E C T ™ “Being able to create color and produce parts in 1 day is unheard of in this industry” -CEO, Industry Leader I N N O V A T I N G W I T H P O L Y O N E PolyOne Corporation 34 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 35 Solid Colorants Performance Additives Screen Printing Inks Liquid Colorants Packaging 28% Industrial 14% Textiles 13% Wire & Cable 11% Building & Construction 10% Transportation 8% Consumer 8% Healthcare 5% Appliances 2% Electrical & Electronic 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 8 R E V E N U E | O V E R $ 1 B I L L I O N $4 $25 $104 $159 0.9% 5.5% 12.2% 15.1% 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0% 16.0% 20 30 40 50 60 70 80 90 100 110 120 130 140 150 160 170 2005 2009 2013 2018 PolyOne Corporation 36 Europe 35% United States 45% Asia 14% Canada 1% Mexico 3% South America 2% 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 37 Engineered Formulations Advanced Composites Thermoplastic Elastomers Consumer 22% Transportation 16% Wire & Cable 15% Healthcare 11% Industrial 9% Packaging 7% Appliance 3% Building & Construction 4% Electrical & Electronics 16% *Pro Forma including Fiber-Line 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 P R O F O R M A 2 0 1 8 R E V E N U E | $ 7 5 0 M I L L I O N * PolyOne Corporation 38 $21 $57 $72 0.1% 5.1% 9.3% 11.2% 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 20 30 40 50 60 70 80 90 2005 2009 2013 2018 Europe 28% United States 46% Asia 24% Canada 2% *Pro Forma including Fiber-Line 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 39 Healthcare 27% Transportation 22% Industrial 18% Consumer 12% Appliance 6% Electrical & Electronics 5% Building & Construction 5% Packaging 3% Wire & Cable 2% $20 $25 $63 $71 2.9% 4.0% 5.9% 5.6% 0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 15 25 35 45 55 65 75 2005 2009 2013 2018 Operating Income & Margin2018 Revenue | $1.3 Billion 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 40 Performance Additives 13% Polyethylene 11% Pigments 9% TiO2 8% Styrenic Block Copolymer 7% Nylon 8% Polypropylene 5% Plasticizers 4% Dyestuffs 3% Other Raw Materials 32% $900 million of raw material purchases estimated in 2019 excluding Distribution business Note: All figures exclude PolyOne Distribution business and 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 41 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 Robert W.
https://www.avient.com/sites/default/files/2019-12/Fermium_IR_Deck_12.16.19_for_Website.pdf
Investor Day F E R M I U M R E S E A R C H M A R K E T I N G T R I P D E C E M B E R 1 6 , 2 0 1 9 F O R W A R D L O O K I N G S T A T E M E N T S PolyOne Corporation 2 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. V I S I O N PolyOne Corporation 4 To be the world’s premier provider of specialized polymer materials, services and solutions C O R E V A L U E S P E R S O N A L V A L U E S Honesty IntegrityRespect Operational Excellence Commercial Excellence Specialization Globalization Collaboration ExcellenceInnovation To be the world’s premier provider of specialized polymer materials, services and solutions S A F E T Y F I R S T PolyOne Corporation 5 Injuries per 100 Workers Spartech Acquisition 1.3 1.1 1.1 0.85 0.65 0.57 0.54 0.97 0.84 0.74 0.74 0.69 0.51 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 PolyOne Corporation 6 P O L Y O N E P R O F O R M A 2 0 1 8 R E V E N U E | $ 2 . 9 B I L L I O N * Segment End Market Geography Transportation 15% Healthcare 15% Industrial 14% Packaging 13% Consumer 12% Wire & Cable 11% Building & Construction 6% Electrical & Electronics 6% Textiles 5% Appliance 3% Color Additives & Inks 34% Distribution 41% Specialty Engineered Materials 25% United States 54% Europe 20% Asia 11% Latin America 10% Canada 5% *Pro Forma excluding PP&S and including Fiber-Line P R O O F O F P E R F O R M A N C E C O N S E C U T I V E Y E A R S 1 0 A D J U S T E D E P S E X P A N S I O N $1.51 $1.61 PolyOne Corporation 7 S U S T A I N A B L E P A T H T O D O U B L E - D I G I T E P S G R O W T H PolyOne Corporation 8 P E O P L E P R O D U C T S P L A N E T P E R F O R M A N C E Double digit annual EPS growth Expand specialty portfolio with strategic acquisitions Innovate and develop new technologies and services Repurchase 600K-1M shares annually Increase commercial resources 5-7% annually Double acquired company margins Enhance efficiencies through Lean Six Sigma and commercial excellence 531 710130 164 504 663 2014 2018 R&D / Technical Marketing Sales PolyOne Corporation 9 Increased commercial headcount + 34% + 26% + 32% I N V E S T M E N T I N C O M M E R C I A L R E S O U R C E S D R I V I N G G R O W T H Sustained revenue increases led by organic business $2.9 $2.9 $3.2 $3.5 2015 2016 2017 2018 Total + 9% Organic + 5% Revenue in billions of $ Total + 10% Organic + 7% Lead Specialists T H E E V O L V I N G C U S T O M E R R E L A T I O N S H I P PolyOne Corporation 10 Expanded Path Traditional Path Strategic Accounts/ Field Sales Business Development Customer Service Web and Social Media Inside Sales PolyOne Corporation 11 Investments in digital and dedicated inside sales to improve customer experience 110% increase in leads (from 6,000 to 12,700) driven by website, phone, and online chat E X P A N D E D P A T H A D D I N G C U S T O M E R T O U C H P O I N T S 4 24 2014 2018 Inside sellers $11M $109M 2014 2018 Inside sales/digital revenue A L I G N I N G W I T H T R E N D S F O R G R O W T H T R A N S P O R T A T I O N P A C K A G I N G H E A L T H C A R E C O N S U M E R PolyOne Corporation 12 Facilitate alternative energy solutions Light- weighting Reduce packaging materials Improve recyclability Reduce spread of infection I N N O V A T I O N PolyOne Corporation 13 Customization 55% M&A 30% Innovation Pipeline 15% Innovation comes from Research & Development Spend ($ millions) Vitality Index % of sales from products launched last 5 years 12% 35% 2006 2018 $20 $56 2006 2018 Transformational Opportunity for Growth Through M&A Adjacent Opportunity for Growth Through New Product Pipeline Core Customization 3 H O R I Z O N S O F D E V E L O P M E N T PolyOne Corporation 14 Incremental development from existing base of technology New development adjacent to current technology New technology development outside of and with our current base Service adjacent markets and customers Create new markets, target new customer needs Service existing markets and customers Market Technical I N N O V A T I O N Non-Halogen Flame Retardants Barrier Technologies Fiber Colorants Advanced Composites Thermoplastic Elastomers Gordon Composites/ Polystrand – Composites GLS – Thermoplastic Elastomers ColorMatrix – Liquid Color & Additives PlastiComp Fiber-Line I N N O V A T I O N S P O T L I G H T : C O M P O S I T E S PolyOne Corporation 15 C O M P O S I T E S R E F R E S H E R PolyOne Corporation 16 Fiber Polymer Composite Strength Design Flexibility Continuous Fiber Thermoset Composites Short Glass Fiber Thermoplastics Continuous Fiber Thermoplastic Composites Long Glass Fiber Thermoplastics S T R A T E G I C I N V E S T M E N T H I S T O R Y Acquired Polystrand Installed LFT production Avon Lake Acquired Gordon Composites Thermoplastic Composites Long Fiber Reinforced Thermoplastics Continuous Fiber Thermosets Long Fiber Thermoplastic (LFT) Technology Installed LFT production Barbastro, Spain Acquired Glasforms Long Fiber Reinforced Thermoplastics Continuous Fiber Thermosets 2012 2015 20162009 2011 Acquired PlastiComp, specialty LFT producer 2018 PolyOne Corporation 2019 Acquired Fiber-Line, specialty fiber processor 17 C O M P O S I T E S I N T R A N S P O R T A T I O N PolyOne Corporation 18 W A T E R C R A F TR A I L H E A V Y T R U C K Bulkheads and Transoms Ceilings and Hatches Doors and Cabinetry Flooring Door Panels Side Walls Flooring & Side Panels Aerodynamic Fairings Seat and Bunk Reinforcements P O L Y O N E A P P L I C A T I O N S I N F I B E R O P T I C C A B L E S PolyOne Corporation 19 1. Leverage PolyOne’s global reach Phase 1 Phase 2 Phase 3 18-20% operating margins Invest in commercial resources I N V E S T - T O - G R O W P R O O F O F P E R F O R M A N C E PolyOne Corporation 23 Commercial Resources Operating Income ($ in millions) Operating Margins 243 340 At Acquisition Today $36 $96 At Acquisition Today 11% 20% At Acquisition Today Established Acquisitions (> 7 years) + 40% + 165% + 900 bps I N V E S T - T O - G R O W D R I V I N G T H E F U T U R E PolyOne Corporation 24 Commercial Resources Operating Income ($ in millions) Operating Margins 138 181 251 At Acquisition Today Goal $23 $25 $70 At Acquisition Today Goal 7% 8% 18-20% At Acquisition Today Goal Recent Acquisitions PolyOne Corporation 25 Average Company Size # of Possibilities Rationale 250 • Local to regional footprint • Niche technology focus • Concentrated customer base $50M–$200M 150 • Regional to global footprint • 1–3 specialty technologies • Diversified customer base >$200M 30 • Global footprint with local service • Diverse specialty technologies • Highly diversified customer & market portfolio S T R O N G P I P E L I N E D R I V E N B Y F R A G M E N T E D M A R K E T $0.16 $0.20 $0.24 $0.32 $0.40 $0.48 $0.54 $0.70 $0.78 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Cumulative Share Repurchases (In millions) $0 $150 $300 $450 $600 $750 $900 2011 2012 2013 2014 2015 2016 2017 2018 2019 YTD $917M R E T U R N I N G C A S H T O S H A R E H O L D E R S O V E R $ 1 . 2 B I L L I O N S I N C E 2 0 1 1 PolyOne Corporation Increasing Annual Dividend 26 $0.81 PolyOne Corporation 27 W H Y I N V E S T I N P O L Y O N E ?
https://www.avient.com/products/thermoplastic-elastomers/tpe-knowledge-center/tpe-faqs
70° C 22 hrs, 70 hrs, 168 hrs (1 week), 1000 hrs (42 days) 121° C 22 hrs, 70 hrs, 168 hrs (1 week), 1000 hrs (42 days) 150° C 22 hrs, 70 hrs, 168 hrs (1 week), 1000 hrs (42 days)
https://www.avient.com/sites/default/files/2020-09/versaflex-pf-technical-bulletin-sept-2020-es-la.pdf
VERSAFLEX™ PF Capa de adherencia Versaflex™ PF para películas de protección de superficies BOLETÍN TÉCNICO Propiedades Versaflex PF MD6727 Versaflex PF MD6741 Versaflex PF MD6649 Versaflex PF 9512 Versaflex PF MD6666 Versaflex PF MD6748 Versaflex PF MD6700 Características Baja adherencia Baja adherencia; se utiliza para ajustar el revestimiento con MD6700 Baja-media adherencia Oferta de valor Adherencia media Bajo contenido de gel/residuos Construcción de baja adherencia Alta adherencia Resistencia al desprendimiento Baja Baja-media Media Media-Alta Media-Alta Alta Alta Aplicaciones Películas ópticas Electrodomésticos Plásticos Construcción / Metales sin recubrimiento Metales acabados Acero/Metales pintados Metales sin recubrimiento MFR a 190 °C/2,16 kg -- 4,5 17 5,4 21 4,8 6,5 MFRa@ 230 °C/2,16 kg 10 20 -- -- -- -- -- Gravedad específica, g/cc 0,92 0,91 0,92 0,92 0,94 0,94 0,94 Dureza, Límite A 50 49 37 38 37 31 30 G' a 23 °C, Pa 28,0 x 105 10,4 x 106 8,3 x 105 -- 9,9 x 105 11,8 x 105 10,0 x 105 Tg DMA, °C -29 -30 -9 10 11 15 21 Película LDPE/Versaflex PF1 Desprendimiento de 180°, N/25 mm Acero inoxidable después de 20 minutos a 25 °C 0,5 2,2 3,2 6,1 6,7 8,5 8,6 después de 7 días a 25 °C 0,6 2,7 4,3 5,5 8,2 8,3 10,3 PMMA2 después de 20 minutos a 25 °C 1,1 1,7 3,8 4,9 6,9 8,3 8,8 después de 20 minutos a 75 °C 2,8 4,1 5,1 6,9 9,0 10,7 11,8 después de 7 días a 75 °C 4,0 4,4 5,9 9,8 8,4 9,8 10,3 Policarbonato3 después de 20 minutos a 25 °C 1,4 2,2 3,8 6,8 6,3 8,4 7,0 después de 20 minutos a 75 °C 3,4 4,8 6,7 8,8 8,8 10,0 11,8 después de 7 días a 75 °C 4,6 6,5 7,5 10,6 11,6 10,6 13,8 1 Grosor de la película: LDPE de 51 micras/Versaflex PF de 25 micras. 2 Arkema Plexiglas™ V052-100 (Plexiglas es una marca comercial de Arkema France Corp). 3 Sabic Lexan™ L52-111 (Lexan es una marca comercial de Sabic Innovative Plastics). AJUSTAR LA ADHERENCIA MEZCLANDO VERSAFLEX PF Grosor de la película: LDPE de 39 micras/Versaflex PF de 13 micras F = Adherencia final después de 7 días a 25° C i = Adherencia inicial después de 20 minutos a 25° C Re si st en ci a al d es pr en di m ie nt o so br e ac er o, N /2 5 m m .
https://www.avient.com/sites/default/files/2020-03/PolyOne_Website-12.19.pdf
Investor Day C L A R I A N T M A S T E R B A T C H A C Q U I S I T I O N D R I V E S N E X T L E V E L S P E C I A L T Y T R A N S F O R M A T I O N December 2019 A C C E L E R A T I N G G R O W T H W I T H S U S T A I N A B L E S O L U T I O N S F O R W A R D - L O O K I N G S T A T E M E N T S PolyOne Corporation 2 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. Patterson Chairman, President, and Chief Executive Officer Bradley C. Richardson Executive Vice President and Chief Financial Officer PolyOne Corporation 4 PolyOne Corporation 5 Landmark portfolio transformation: > 85% of Adjusted EBITDA from specialty solutions World-class innovation, technology and service are differentiators Sustainability initiatives and alignment with megatrends drive above market growth in key end markets and applications: Capital management is a strength - proven track record of expanding ROIC while increasing invested capital Transaction expected to add $0.85 to pro forma adjusted EPS 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 Integrity V I S I O N PolyOne Corporation 6 To be the world’s premier provider of specialized polymer materials, services and solutions C O R E V A L U E S P E R S O N A L V A L U E S Honesty Respect Operational Excellence Commercial Excellence Specialization Globalization Collaboration ExcellenceInnovation To be the world’s premier provider of sustainable, specialty polymer materials and solutions.
https://www.avient.com/sites/default/files/2023-04/Electrical Components Application Snapshot.pdf
G LO BA L E L E C T R I C A L P RO D U C T S O E M E L E C T R I C A L C O M P O N E N T S • Supplement internal engineering team by tapping into a supplier’s UL Prospector knowledge and expertise • Assistance in managing color proliferation and new product implementation • Achieve consistent color performance across a wide variety of resins • Enhance operational efficiencies and end-user safety • Provided exceptional technical service with broad resin choices and a direct link to UL Prospector offerings • Offered comprehensive pre-testing of colors and samples to meet project requirements • Ensured regulatory compliance across the value chain • UL-recognized certification lab supporting a full colorant and additive portfolio OnColor™ UL 94 Colorants KEY REQUIREMENTS WHY AVIENT AVIENT SOLUTION TECHNICAL SUPPORT + UL LISTINGS LEARN MORE © 2023, Avient Corporation, All Rights Reserved https://www.avient.com/products/polymer-colorants/solid-color-masterbatches/oncolor-ul94-colorants
https://www.avient.com/sites/default/files/2023-04/Heavy Duty Connectors Application Snapshot.pdf
E L E C T R I C A L PA RT S M A N U FAC T U R E R H E A V Y D U T Y C O N N E C T O R S A N D A C C E S S O R I E S • Reduce material rematching and rejection through more efficient pre-testing • Improve processing efficiencies and color consistency in highly FR-filled and high-temperature resins • Achieve regulatory compliance across multiple resin families • Gain better supply chain control to manage scarcity of key engineering resins and changing resin producers • Offered eight UL 94-recognized sites in U.S.
https://www.avient.com/sites/default/files/2020-11/eccoh-product-selection-guide-en.pdf
ECCOH™ LOW SMOKE AND FUME, NON-HALOGEN FORMULATIONS PRODUCT SELECTION GUIDE ECCOH™ Low Smoke and Fume, Non-Halogen Solutions *Dry Silane abbreviated as DS **Cross-linked using Sioplas method 5549 UV Teck-90 5700 5801 UV 5865 5982 UV 6010 6151 6638 UV XLS 8001 APPLICATION Type Jacket Jacket Jacket Jacket Jacket Jacket Insulation Tight buffer, Micro-tube Jacket Jacket CABLE Type LV, Data LV LV, Data, OFC LV, Data, OFC Data, OFC LV, OFC LV OFC Data, OFC LV MARKETS Type B & C, Industrial Industrial, Teck-90 B & C, Industrial Industrial, Oil & Gas, Shipboard B & C B & C, Industrial Automotive B & C, Industrial B & C, Industrial B & C, Shipboard Cross-linked No No No Yes No No Yes No No Yes Cross-linking Method* N/A N/A N/A DS/E-beam N/A N/A DS/E-beam N/A N/A Sioplas GENERAL PROPERTIES Properties as Thermoset x x x SG g/cm³ 1.59 1.54 1.60 1.50 1.57 1.52 1.38 1.46 1.48 1.48 MFI, 150°C/21.6 Kg g/10 min 2.8 5 6 3.5 4 5.9 4.4 6 3 6 Hardness Shore D 44 54 50 46 50 54 56 53 53 49 Tensile psi 1740 2610 1595 1800 1740 2320 3336 2466 2030 2030 Elongation % 160% 200% 136% 133% 180% 150% 145% 160% 175% 160% LOI % 45% 36% 51% 39% 45% 41% 30% 33% 42% 33% Low temp brittleness (LTB) °C -26.5°C -49°C -10.5°C -30°C -39°C -38.5°C -41°C -35.5°C -26 -40.5 Max. Continuous Use Temp °C 90°C 90°C 105°C 90°C 125°C 90°C 90°C 105°C SMOKE DENSITY (MAX) Flaming Mode 45 104 312 163 312 118 98 60 101 121 Non-Flaming Mode 212 279 303 416 297 369 296 223 296 393 FEATURES ESCR x Flame Performance x x x x x Heat Resistance x x x High Char Forming x Low Temperature Performance x x Mechanical Properties x x x Oil Resistance x UL Listed Halogen-Free x x x FEATURES Wire and Cable • Highly flame retardant • Very low toxicity and smoke density • Many grades are cross-linkable • Can be processed with color or additive concentrate, and with UV stabilizer Pipe and Fittings • Highly flame retardant • Very low toxicity and smoke density • Suitable for extrusion, injection molding ECCOH™ ECCOH™ non-halogenated formulations re designed to be highly flame retardant with extremely low toxicity and smoke density.