GLOBAL HIGH YIELD & LEVERAGED FINANCE CONFERENCE · 2020-03-09 · GLOBAL HIGH YIELD & LEVERAGED FINANCE CONFERENCE FEBRUARY 2020. ... To be the world’s premier provider of specialized

G L O B A L H I G H Y I E L D & L E V E R A G E D F I N A N C E C O N F E R E N C EF E B R U A R Y 2 0 2 0

FORWARD LOOKING STATEMENTS

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. Forward-looking statements give current expectations or forecasts of future events and are not guarantees of future performance. They are based on management’s expectations that involve a number of business risks and uncertainties, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. They use words such as “will,” “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe,” and other words and terms of similar meaning in connection with any discussion of future operating or financial performance and/or sales.

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 and integrate acquisitions• 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 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 raise or sustain prices for products or services; • Information systems failures and cyber attacks; 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.

The above list of factors is not exhaustive.

We undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise. You are advised to consult any further disclosures we make on related subjects in our reports on Form 10-Q, 8-K and 10-K that we provide to the Securities and Exchange Commission.

USE OF NON-GAAPMEASURES


• This presentation includes the use of both GAAP (generally accepted accounting principles) and non-GAAP financial measures. The non-GAAP financial measures include: adjusted EPS, adjusted operating income, and return on invested capital.

• PolyOne’s chief operating decision maker uses these financial measures to monitor and evaluate the ongoing performance of the Company and each business segment and to allocate resources. In addition, operating income before special items and adjusted EPS are components of various PolyOne annual and long-term employee incentive plans.

• A reconciliation of each non-GAAP financial measure with the most directly comparable GAAP financial measure is attached to this presentation which is posted on our website at www.polyone.com.

V I S I O N


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


Injuries per 100 Workers

SpartechAcquisition

1.3

1.1 1.1

0.85

0.65

0.570.54

0.97

0.84

0.74 0.740.69

0.510.56

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

C O M M O D I T Y T O S P E C I A L T Y T R A N S F O R M A T I O N


• Volume driven, commodity production

• Heavily tied to cyclical end markets

• Performance largely dependent on non-controlling joint ventures

• Shift to value-based selling & an innovative culture

• New leadership team appointed

• Implementation of four pillar strategy

• Investment in commercial training and innovation

• Faster growing, high margin focus

• Accelerated growth with world class vitality index

• Significant commercial resource additions

• Expanded margins with specialty focus

• Acquired strategic, bolt-on companies to expand technology offerings and improve geographic breadth

Volume Value Transformation The Future

2006 - 2013 2013 – 20192000-2005 2006 - 2013

• Landmark portfolio transformation creates specialty growth company

• Sustainability / mega-trends drive above market growth

2020 and Beyond


P O L Y O N E2 0 1 9 R E V E N U E | $ 2 . 9 B I L L I O N

Segment End Market Geography

Transportation15% Healthcare

15%

Industrial14%

Packaging13%

Consumer12%

Wire & Cable 11%

Building & Construction

6%

Electrical & Electronics

6%

Textiles5%

Appliance3%

Color Additives

& Inks34%

Distribution41%

Specialty Engineered

Materials25%

United States54%

Europe19%

Asia11%

Latin America

11%

Canada5%

P R O O F O F P E RFO RMAN CE

C O N S E C U T I V EY E A R S

10

A D J U S T E D E P S E X P A N S I O N


$1.69$1.51

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


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 digitannual EPS

growthExpand specialty portfolio with strategic acquisitions

Innovate and develop new technologies and services

Repurchase 600K-1Mshares annually

Increase commercialresources 5-7% annually

Double acquiredcompany margins

Enhance efficiencies through Lean Six Sigma

and commercial excellence

531

710

1,042

130

164

208 504

663

880

2014 2018 2019E PF*

R&D / Technical Marketing Sales


+ 34%

+ 26%

+ 32%

E X P A N S I O N O F COMMERCIAL RESOURCES D R I V I N G G R O W T H

$2.9 $2.9

$3.5

2015 2016 2017 2018 2019EPF

Total+ 9%

Organic + 5%

Revenue in Billions

Total+ 10%

Organic + 7%+ 47%

+ 27%

+ 33%

$4.0

$3.2

2019E PF*

* 2019E Pro Forma for PP&S Divestiture and Clariant Masterbatch business

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


Expanded Path

Traditional Path

Strategic Accounts/Field Sales

Business Development

Customer Service

Web and Social Media

Inside Sales


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

EXPANDED PATHA 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

33

2014 2019

Inside sellers

$11M

$87M

2014 2019

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


Facilitate alternative

energy solutions

Light-weighting

Reduce packaging materials

Improve recyclability

Reduce spread of infection

R E V E N U E F R O M S U S T A I N A B L E S O L U T I O N S


2016 2017 2018 2019

Lightweighting Reduced Material Requirements Improved RecyclabilityRenewable Energy Applications Eco-conscious Bio-derived ContentReduced Energy Use VOC Reduction

$275M

$325M$355M

$410M 14% Total Annual Growth

9% Organic Annual Growth

I N N O V A T I O N


Customization55%

M&A30%

Innovation Pipeline

15%

Innovation comes from Research & Development Spend ($ millions)

Vitality Index % of sales from products launched last 5 years

12%

37%

2006 2019

$20

$51

2006 2019

TransformationalOpportunity for Growth

Through M&A

Adjacent Opportunity for

Growth Through New Product Pipeline

CoreCustomization

3 H O R I Z O N S O F D E V E L O P M E N T


Incremental development from existing base of technology

New development adjacent to current technology

New technology development outside of and with our current base

Service adjacentmarkets 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 RetardantsBarrier 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


C O M P O S I T E M A T E R I A L S

Glass Carbon Aramid

ThermosetsThermoplastics

PolymersFibers


Focused End Markets

• Wire & Cable / Electrical• Consumer• Transportation• Industrial

C O M P O S I T E S P O R T F O L I OD I V E R S E C A P A B I L I T I E S A N D S O L U T I O N S S E R V I N G

M A N U F A C T U R E R S A N D O E M S


LFT Tapes Laminates/Panels Shapes Pultrusion Engineered Fibers

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


1. Loose buffer tube – made of PBT, PTFE, Nylon 12, PP or other polymers. Holds multiple optical fibers

3. Optical fibers –Two parts of an optical fiber: core (carries the signal and cladding (reflects the signal to move it forward). Both parts are made of silica/glass or polymer

4. Central support member• Pultruded composite rod,

often polymer coated

5. Filler Yarns/Core Fillers (not visible)• PET, Polyester, Kevlar yarns coated with Swellcoat

(absorbs and blocks water)

7. Outer strength member• Base fiber of Kevlar, E-Glass, Zylon, Vectran LCP• Often be coated with Fiber-Line coatings (Swellcoat,

Bondcoat, Wearcoat)

6. Binder• PET, Polyester, Kevlar yarns coated with Swellcoat

(absorbs and blocks water)

2 3 4

5

7

6

8

9. Ripcords• Lubricated, color coated, various fibers• Rips through any material including steel armor• Made from Kevlar, Vectran LCP or PET polyester

12. Buffer thread (inside tubes) • PET, Polyester, Kevlar yarns

coated with Swellcoat (absorbs and blocks water)

8. Cable jacket/sheath– Made of PE

9

Fiber-Line Product

PolyOne Materials

F I B E R O P T I C A L G R O W T H D R I V E R S


5G Networks

Enable lower latency, greater flexibility & efficiency

Installation of these networks are in the very early stages

Installation will start in urban hubs and will continue to expand into suburban and rural areas

By 2025, only 14% of the world will have 5G connections

Growth is expected over multi-year period

5G technology will be a leading growth driver in fiber optic cable for several years

10xSpeed Increase

&

8xMore Antennae Required

5G vs. 4G


Safety Technology Geography Service FinancialPeople

Low EH&S risk profile

New and complementary technologies

Leverage our global footprint

Strong customer relationships

Foundational operating margins of 8-10% with ability to double

Motivated team with a specialty culture

I N V E S T - T O - G R O W M & A S T R A T E G Y


Capturesourcingsynergies

Cross-sell & blend

technology

8-10%operating margins

I N V E S T - T O - G R O W M & A P L A Y B O O K

Protect customers

Retain employees

Implement LSS to drive efficiency improvements

Innovate with combined portfolio

Safety First!

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


Commercial Resources

Operating Income

($ in millions)

Operating Margins

256

309

At Acquisition Today

$36

$100


9%

19%


Established Acquisitions(> 7 years)

+ 20% + 165% + 1000 bps

CLARIANT MASTERBATCH ACQUISITION DRIVESNEXT LEVEL SPECIALTY TRANSFORMATION

ACCELER ATING GR OWTH WITH SUSTAINABLE SOLUTIONS

T R A N S F O R M A T I O N H E A D L I N E S


F I T W I T H F O U R P I L L A R S T R A T E G Y


Specialization• Innovation-led organization with

heavy emphasis on R&D• World-class expertise in color

formulation• Strong presence in specialty end

markets including Consumer, Packaging and Healthcare

Globalization• Diverse geographic portfolio with

an established presence in every major region

• Expands PolyOne’s ability to serve customers in key growth areas including India, China and Southeast Asia

Operational Excellence

• Extensive manufacturing footprint with 46 facilities

• Organizational focus on optimizing supply chain to better serve customers

• Color design expertise

Commercial Excellence

• Value-focused salesforce with vast experience marketing and commercializing specialty technologies

• Diverse customer portfolio with established OEM’s

PeopleExperienced and

talented associates with a winning mentality

E N D M A R K E T T R A N S F O R M A T I O N



5%

2006 2019E PF*

4%

12%10%

18%8%

20%

2006 2019E PF*

Healthcare

Consumer

Packaging

50%

22%

High Growth End Markets

Percentage of Total Revenue

38%


E N D M A R K E T T R A N S F O R M A T I O N


Packaging8%

Building & Construction38%

Wire & Cable

11%

Industrial10%

Electrical & Electronic

7%

2006 2019E PF*Healthcare

4%

Transportation12%

Consumer18%


5%

Wire & Cable

6%

Industrial12%

Electrical & Electronic

5%

Appliance3%

Textiles6%

Transportation13%

Healthcare12%

Packaging20%

Consumer10%


C O M P L E M E N T A R Y G E O G R A P H I C P R E S E N C E


United States38% Europe

33%

Asia19%

Canada4%

Latin America6%

United States22%

Europe & Middle East

48%

Asia23%

Canada1%

Latin America6%

Color & Engineered Materials

Clariant MasterbatchBusiness

Net Sales by Geographic Region

United States31%

Europe & Middle East

39%

Asia21%

Canada3%

Latin America6%

Pro Forma Color & Engineered Materials

U N I F I E D F O C U S O N S U S T A I N A B I L I T Y


2006 - 2013

2013 – 2019

PEO PLE

PRO D U C TS PLA N ET

PER FO R M A N C E

PolyOneClariant Masterbatch

Business

• Building mini-recycling plants to facilitate customer projects on design for recycling - CycleWorks

• Uses packaging additives & colorants to improve recyclability and enhance automated sorting

• Manufactures oxygen scavengers to extend shelf-life of perishable items and reduce material requirements

• Combines UV-blocking additive colorants & other barriers to prevent spoilage and waste

• Offers spin-dyeing solutions that use significantly less water than traditional methods, allowing for sustainable coloration of textiles

• Produces infrared absorbing additives that reduce energy requirements for bottle manufacturing

($ in millions)

PolyOne(Continuing Operations)

Clariant Color & Additive Masterbatch

BusinessSynergies

New PolyOne

2019 Total Sales $2,863 $1,150 $4,013

2019 Adjusted EBITDA $309 $130 $60 $499 % Margin 10.8% 11.3% 12.4%

2019 CapEx $68 $85% Sales 2.4% 2.1%

2019 Free Cash Flow $161 $250

2019 Adjusted EPS $1.69 $2.22

2019 PF Adjusted EPS $1.69 $2.54

P O L Y O N E + C L A R I A N T M A S T E R B A T C H B U S I N E S S


(1) Excludes step-up of depreciation & amortization related to purchase accounting of transaction

(1)

$0.85/share

O V E R 8 5 % O F A D J U S T E D E B I T D A F R O M S P E C I A L T Y


46%

66%

0%

20%

40%

60%

80%

100%

2005 2010 2015 2019E PF

% o

f A

dju

ste

d E

BIT

DA

*

JV's Performance Products & Solutions Distribution Specialty

7%

87%

* Adjusted EBITDA is EBITDA excluding corporate costs and special items** 2019E Pro Forma for PP&S Divestiture and Clariant Masterbatch business acquisition with synergies

Specialty EBITDA $14M $117M $273M $500M

**

T R A N S A C T I O N O V E R V I E W

• Expected mid-2020, subject to regulatory approvals and customary closing conditionsClosing

Conditions / Timing

• Committed financing in place

• Permanent financing to be combination of available cash on-hand, new debt and equity component to limit leverage

• Equity issuance of $500MM

• Target net leverage below 3.5x, 3.1x synergized


• $1.45 B net purchase price

• Represents 11.1x adjusted EBITDA (excluding synergies), 7.6x adjusted EBITDA (including synergies)

• Pre-tax synergies of $60MM expected to be fully realized by the end of 2023

• Synergies realized from sourcing, operational, technology / commercial, and general administrative

Transaction Value

Synergies

Financing

Estimated Synergy Breakdown

$60MM• Expect EBITDA synergies of $60MM

– Proven integration expertise with a decade of acquisition experience– Administrative synergies reflect reduction of duplicative internal and

third-party costs

• Run rate synergies of $20MM by the end of Year 1 with $60MM achieved by the end of Year 3

• Significant additional opportunity for geographical expansion– Clariant Masterbatch business has complementary regional presence

in key growth areas including India & Southeast Asia

• Opportunity to accelerate growth with a combined portfolio of innovative solutions aligned with sustainability megatrends

Sourcing 40%

Operational 30%

Administrative 30%


S I G N I F I C A N T S Y N E R G Y O P P O R T U N I T I E S

$450 $600 $624

$743

2019 2020 2021 2022 2023 2024 2025 2026

A T T R A C T I V E F I N A N C I N G S T R U C T U R E

Attractive DebtMaturity Profile

Existing Revolver Existing Senior Notes Existing Term Loan B

New Debt Financing

FinancingSummary

Terms onNew Debt

• $465 million of cash from the balance sheet expected to fund a portion of the purchase price

• Bridge financing for remainder fully committed from Citi, Morgan Stanley and Wells Fargo

• Permanent financing expected to include a combination of long-term debt and new equity

• The timing of the permanent financing is subject to a number of factors, including, but not limited to, market conditions

• PolyOne is committed to preserving a strong balance sheet– Target net leverage at close below 3.5x, excluding synergies

• Pro forma capital structure positions PolyOne with flexibility to pursue continued growth strategy

• New financing expected to have same or better covenant package than existing capital structure

• Capital structure would be “covenant lite”

CapitalPolicy

• Transaction in line with PolyOne’s disciplined capital allocation policy

• Existing PolyOne dividend policy to be maintained

• Focus on deleveraging in the near term

2028+



$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

$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 SO 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

38

$0.81


W H Y I N V E S T I N P O L Y O N E ?T H E N E W P O L Y O N E : A S P E C I A L T Y G R O W T H C O M P A N Y

Transformational M&A with PP&S divestment and pending acquisition of Clariant Masterbatch business

Growing leadership position in attractive markets

Innovation, technology and service are differentiators

Capital management is a strength: Record-setting cash generation to continue for years

Proven acquisition strategy with robust pipeline

Commercial investments are fueling momentum and generating organic growth

SERVICE: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


T A L E N T D E V E L O P M E N T


Leadership Program Participants

2012

2013

2014

2015

47

0

86

2016

2019

125

169

412

Campus Hires

2008

2011

2014

2017

0

25

90

47

PolyOne LSS Blackbelts

2008

2011

2014

2019

0

67

247

147

2019 134

A U N I Q U E C U S T O M E R E X P E R I E N C E

Industrial Design

IQ DESIGN


ComputerAided

Engineering

DesignStrategy

3

15

2014 2019

Designers & Engineers

$0

$15M

2014 2019

$4M

$87M

2014 2019

Opportunity funnel Total Revenue

LSS CUSTOMER FIRST


Customer Engagements

Enables sales growth by building more intimate customer relationships, giving us insight to customers’ needs, with a service that is not easily replicated

2014 2019

2 210

I N N O V A T I N G W I T H P O L Y O N E


SEGMENT HIGHLIGHTS

C O L O R , A D D I T I V E S & I N K SE N D M A R K E T S & S O L U T I O N S


Solid Colorants

Performance Additives

ScreenPrinting Inks

LiquidColorants

Packaging31%

Industrial14%

Textiles13%

Wire & Cable10%

Building & Construction9%

Consumer8%

Transportation7%

Healthcare5%

Appliances2%

Electrical & Electronics 1%

Operating Income & MarginRevenue by Region

C O L O R , A D D I T I V E S & I N K S2 0 1 9 R E V E N U E | O V E R $ 1 B I L L I O N


Europe34%

UnitedStates44%

Asia15%

Canada1%

Mexico3%

South America

3%

$4 $25

$104

$147

2005 2009 2013 2019

0.9%

5.5%

12.2%

14.7%

S P E C I A L T Y E N G I N E E R E D M A T E R I A L SE N D M A R K E T S & S O L U T I O N S


Engineered Formulations

Advanced Composites

Thermoplastic Elastomers

Wire & Cable15%

Telecommunications (FOC)

13%Consumer

19%

Electrical & Electronics12%

Healthcare9%

Industrial8%

Packaging6%

Appliance2%


2%

Transportation14%

Note: (FOC) refers to Fiber Optic Cabling

S P E C I A L T Y E N G I N E E R E D M A T E R I A L S

Revenue by Region Operating Income & Margin

2 0 1 9 R E V E N U E | $ 7 5 0 M I L L I O N


Europe27%

UnitedStates54%

Asia17%

Canada2%

$21

$57

$87

2005 2009 2013 2019

0.1%

5.1%

9.3%

11.6%

D I S T R I B U T I O NE N D M A R K E T S & S U P P L I E R S


Healthcare28%

Transportation23%

Industrial19%

Consumer12%

Appliance6%

Electrical & Electronics

5%


4%

Packaging2%

Wire & Cable1%

Operating Income & Margin2019 Revenue | $1.2 Billion

$25

$63

$75

2005 2009 2013 2019

$20

2.9%

4.0%

5.9%

6.3%

http://www.polyone.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


Performance Additives

15%

Polyethylene13%

Pigments9%

Styrenic Block Copolymer 7%

Nylon7%

TiO26%

Polypropylene5%

Dyestuffs4%

Plasticizers3%

Other Raw Materials

31%

$900 million of raw material purchases in 2019 excluding Distribution business

Note: All figures exclude divested PP&S business

T A R G E T E N D M A R K E T S & A P P L I C A T I O N E X A M P L E S


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


Documents

GLOBAL HIGH YIELD & LEVERAGED FINANCE CONFERENCE · 2020-03-09 · GLOBAL HIGH YIELD & LEVERAGED FINANCE CONFERENCE FEBRUARY 2020. ... To be the world’s premier provider of specialized