Core Insights - Eastman Chemical Company (EMN) has launched Esmeri CC1N10, a biodegradable cellulose ester micropowder for color cosmetics, which complies with EU regulations on synthetic polymer microparticles [1][8] - Esmeri CC1N10 is sourced from sustainably managed forests and has been certified by the Programme for the Endorsement of Forest Certification and Forest Stewardship Council standards, emphasizing its sustainability [2][3] - The product enhances color intensity, provides a soft-focus optical effect, and is compatible with lipophilic cosmetic formulations, making it suitable for various cosmetic products [2][3] Financial Performance - EMN's stock has decreased by 17.2% over the past year, while the industry has seen a decline of 24.2% [5] - The company anticipates a slight sequential volume increase in the second quarter, but growth may be hindered by trade uncertainties and U.S.-China tariffs, with adjusted EPS projected between $1.70 and $1.90 [6] Market Position - EMN currently holds a Zacks Rank of 4 (Sell), indicating a less favorable market position compared to competitors [7] - Other companies in the Basic Materials sector, such as Akzo Nobel N.V. and Newmont Corporation, have stronger rankings, with Akzo Nobel at 1 (Strong Buy) and Newmont at 1 as well [9]
EMN Debuts Biodegradable Micropowder Esmeri CC1N10 for Color Cosmetics