Recycled Polyethylene Terephthalate Market To Reach USD 20.4 Billion By 2032, Says DataHorizzon Research [Yahoo! Finance]
Eastman Chemical Company (EMN)
Last eastman chemical company earnings: 5/1 04:00 pm
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Source: Yahoo! Finance
Fort Collins, Colorado, April 10, 2024 (GLOBE NEWSWIRE) -- Need for Sustainable Packaging Solutions to Drive the Recycled Polyethylene Terephthalate Market The rise in global demand for sustainable packaging solutions is a significant driving force behind the growth of recycled polyethylene terephthalate (rPET) in the market. Consumers are becoming increasingly aware of the environmental repercussions of single-use plastics, prompting a shift towards eco-friendly alternatives. According to a 2021 report by the United Nations Environment Programme (UNEP), the global plastic recycling rate is projected to climb from 9% in 2015 to 17% by 2025. This trend is reinforced by government initiatives and regulations to advance circular economy principles. For instance, the European Union's Plastics Strategy aims to achieve a 50% recycling rate for plastic packaging by 2025, further bolstering the demand for recycled materials like rPET. Market expansion is further fueled by technological
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EMN
News
- Eastman Chemical (NYSE: EMN) had its price target lowered by analysts at Bank of America Co. from $113.00 to $112.00. They now have a "buy" rating on the stock.MarketBeat
- Eastman Chemical (NYSE: EMN) was upgraded by analysts at Jefferies Financial Group Inc. from a "hold" rating to a "buy" rating. They now have a $125.00 price target on the stock, up previously from $102.00.MarketBeat
- Eastman Chemical (NYSE: EMN) had its price target raised by analysts at Mizuho from $91.00 to $102.00. They now have a "neutral" rating on the stock.MarketBeat
- Eastman's (EMN) Q1 Earnings and Sales Surpass Estimates [Yahoo! Finance]Yahoo! Finance
- We Think Shareholders Are Less Likely To Approve A Pay Rise For Eastman Chemical Company's (NYSE:EMN) CEO For Now [Yahoo! Finance]Yahoo! Finance
EMN
Earnings
- 4/25/24 - Beat
EMN
Sec Filings
- 4/26/24 - Form 10-Q
- 4/25/24 - Form 8-K
- 4/9/24 - Form 4
- EMN's page on the SEC website