EMN · 10-Q · 2026Q3 · Full report
ESG and Sustainability
EASTMAN CHEMICAL CO · 2026-10-30 · Importance 37 · Surprise 42
The U.S. Department of Energy terminated an award on May 29, 2025, for Eastman’s Polyethylene Terephthalate Recycling Decarbonization Project in Longview, Texas. Eastman received reimbursements during the first quarter of 2026 for prior-year requests, and all requested reimbursements had been received by March 31, 2026. Eastman appealed for reinstatement, and the DOE reinstated the award in October 2026; the reimbursement amount is not visible in the filing text provided.
Key facts
- Eastman included environmental and other costs in first-nine-months 2026 and 2025 results for previously divested businesses or non-operational sites and product lines; 2026 also included associated gains and losses. source