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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 KDzgAuS56h3qbdA6cvUzu2ZNf0LXiMBreDNCRpxh9yUEB+CXaOEjc/rClPYzTOUd
 SCBjruGTPxsgsWYdlq+8Xg==

<SEC-DOCUMENT>0001242095-04-000024.txt : 20040127
<SEC-HEADER>0001242095-04-000024.hdr.sgml : 20040127
<ACCEPTANCE-DATETIME>20040127114336
ACCESSION NUMBER:		0001242095-04-000024
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040123
FILED AS OF DATE:		20040127

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			SMITH KENNETH M
		CENTRAL INDEX KEY:			0001210472

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-16091
		FILM NUMBER:		04545345

	MAIL ADDRESS:	
		STREET 1:		C/O POLYONE CORP
		STREET 2:		200 PUBLIC SQUARE SUITE 36-5000
		CITY:			CLEVELAND
		STATE:			OH
		ZIP:			44114-2304

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			POLYONE CORP
		CENTRAL INDEX KEY:			0001122976
		STANDARD INDUSTRIAL CLASSIFICATION:	PLASTICS, MATERIALS, SYNTH RESINS & NONVULCAN ELASTOMERS [2821]
		IRS NUMBER:				341730488
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		POLYONE CENTER
		STREET 2:		33587 WALKER ROAD
		CITY:			AVON LAKE
		STATE:			OH
		ZIP:			44012
		BUSINESS PHONE:		440-930-1000

	MAIL ADDRESS:	
		STREET 1:		POLYONE CENTER
		STREET 2:		33587 WALKER ROAD
		CITY:			AVON LAKE
		STATE:			OH
		ZIP:			44012
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgardoc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2004-01-23</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001122976</issuerCik>
        <issuerName>POLYONE CORP</issuerName>
        <issuerTradingSymbol>POL</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001210472</rptOwnerCik>
            <rptOwnerName>SMITH KENNETH M</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>POLYONE CENTER</rptOwnerStreet1>
            <rptOwnerStreet2>33587 WALKER ROAD</rptOwnerStreet2>
            <rptOwnerCity>AVON LAKE</rptOwnerCity>
            <rptOwnerState>OH</rptOwnerState>
            <rptOwnerZipCode>44012</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Vice President &amp; Chief IO &amp; HR</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2004-01-23</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>F</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>11415</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>6.795</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>41701</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>24935</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>Savings Plan Trust</value>
                    <footnoteId id="F1"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">The information in this report is based on a PolyOne Retirement Savings Plan statement dated as of September 30, 2003.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>By: Wendy C. Shiba, Power of Attorney  For: Kenneth M. Smith</signatureName>
        <signatureDate>2004-01-27</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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