Renew Platform Gains

Eastman Chemical’s Q1 2026 earnings call highlighted continued momentum in its Renew platform, driven by customer adoption and market‑share gains rather than a broad end‑market rebound. Revenue growth in specialty applications and rPET remained strong, while overall demand in consumer discretionary categories such as durables and cosmetics stayed flat. CEO Mark Costa attributed the growth to increased market share in durables and cosmetic packaging, noting that higher oil prices have improved Renew’s competitive position versus virgin PET, though demand had already been robust prior to the oil move.