13 Best Basic Materials Stocks to Invest In

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9. Eastman Chemical Company (NYSE:EMN)

Number of Hedge Fund Holders: 30

Eastman Chemical Company (NYSE:EMN) is one of the best basic materials stocks to invest in. Earlier on June 11, Eastman announced the launch of Esmeri CC1N10. This new product is a high-performance and readily biodegradable cellulose ester micropowder designed for color cosmetics. Sourced from sustainably managed forests, Esmeri CC1N10 aims to meet the European Union’s stringent regulations for synthetic polymer microparticles.

Esmeri CC1N10 offers a sustainable micropowder solution without compromising performance in color cosmetics. It provides a visually superior soft-focus optical effect, improved color intensity and payoff, and uniform coverage. The product is also highly compatible with lipophilic cosmetic formulations.

Using over a century of expertise in cellulose esters technology, Eastman developed Esmeri CC1N10 to comply with the European Commission’s Regulation EU 2023/2055 on synthetic polymer microparticles. The innovation aligns with the European Union’s Zero Pollution Action Plan, which aims to reduce microplastics released into the environment by 30% by 2030.

Eastman Chemical Company (NYSE:EMN) is a specialty materials company with operations in the US, China, and internationally.

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