Eastman Chemical Company: Growth in Specialty Plastics & Performance Films Segments Driving Our ‘Outperform’ Rating! 

In the recently conducted conference call, Eastman Chemical Company (Eastman) provided insights into their first quarter financial results for 2025 and outlined expectations and challenges for the remainder of the year. The discussion indicated both positive operational performance and challenges stemming mainly from international trade dynamics, notably with China. Positively, Eastman’s methanolysis program at Kingsport is progressing well. The facility has achieved high operational metrics, including an 85% yield on DMT from the hard-to-recycle stream, and is supporting various cost efficiencies. Such operational successes are contributing to steady margins and have helped avoid significant startup costs encountered in prior quarters. Furthermore, Eastman’s cost management strategy aims to yield up to $50 million in EBITDA for the year. Operational efficiencies not only provide immediate financial benefits but also set the stage for sustainable gains in later quarters if current performance levels are maintained.