Eastman Chemical Company: How Are They Dealing With Rising Raw Material Costs & Other Key Challenges?

Eastman Chemical Company recently reported its fourth quarter and full-year 2024 financial results. The company exhibited resilience in a challenging macroeconomic environment, but the financial landscape presents a mixed picture for investors to consider. On the positive side, Eastman has demonstrated strong recovery in its Advanced Materials (AM) segment. The recovery was largely driven by innovation, the deployment of circular economy platforms, and effective cost management strategies. Importantly, the company forecasted that Advanced Materials would continue to experience growth due to substantial contributions from the circular platform and innovations despite broader economic challenges. Additionally, efforts in operational improvements, particularly at Eastman’s methanolysis plant, underline the company’s commitment to efficiency and sustainable technological advancements.