Eastman Kodak Company (KODK): Analyse de Pestle [Jan-2025 Mise à jour]

Dans le paysage en constante évolution de l'innovation technologique, Eastman Kodak Company est un témoignage remarquable de la résilience et de la transformation stratégique. Autrefois un géant photographique, Kodak a navigué sur des changements de marché tumultueux, réinventuant son modèle commercial grâce à des pivots stratégiques dans les technologies numériques, les entreprises blockchain et la fabrication durable. Cette analyse complète du pilon dévoile les facteurs externes complexes qui façonnent le parcours complexe de Kodak, révélant un récit convaincant d'adaptation, de défi et de renaissance potentielle dans un écosystème commercial mondial en évolution rapide.

Eastman Kodak Company (KODK) - Analyse du pilon: facteurs politiques

Contractes du gouvernement américain dans les technologies d'impression et d'imagerie

En 2020, Kodak a reçu un Prêt de 765 millions de dollars de la US International Development Finance Corporation en vertu de la Loi sur la production de défense pour produire des ingrédients pharmaceutiques.

Année	Valeur du contrat du gouvernement	Type de contrat
2020	765 millions de dollars	Production pharmaceutique
2022	11,2 millions de dollars	Contrat de technologie d'impression

Les effets potentiels de la politique commerciale sur la fabrication et les chaînes d'approvisionnement mondiales

L'empreinte de fabrication mondiale de Kodak implique des installations dans:

• États-Unis
• Chine
• Mexique
• Brésil

Pays	Installations de fabrication	Pourcentage d'impact tarif
États-Unis	3	2.5%
Chine	2	7.8%

Protection de la propriété intellectuelle pour les innovations d'imagerie et d'impression

Kodak tient 1 243 brevets actifs dans les technologies d'imagerie et d'impression en 2023.

Catégorie de brevet	Nombre de brevets	Investissement annuel de R&D
Technologies d'imagerie	687	42,3 millions de dollars
Technologies d'impression	556	38,7 millions de dollars

Support gouvernemental à la transformation numérique dans les secteurs manufacturiers

Kodak a reçu 3,2 millions de dollars dans les subventions fédérales pour l'innovation de fabrication numérique en 2022.

• Investissement de transformation numérique: 27,6 millions de dollars
• Pourcentage de soutien fédéral de subvention: 11,6%
• Initiatives de numérisation de la fabrication: 4 projets clés

Eastman Kodak Company (KODK) - Analyse du pilon: facteurs économiques

Défis de restructuration financière en cours et de gestion de la dette

Au quatrième trimestre 2023, Eastman Kodak Company a déclaré une dette totale de 325,4 millions de dollars, avec une dette à long terme comprenant 287,6 millions de dollars. Le ratio dette / capital-investissement de l'entreprise était de 1,87. Le passif total était de 536,2 millions de dollars, ce qui représente une augmentation de 12,3% par rapport à l'exercice précédent.

Métrique financière	Valeur 2023	Changement d'une année à l'autre
Dette totale	325,4 millions de dollars	+5.6%
Dette à long terme	287,6 millions de dollars	+7.2%
Ratio dette / fonds propres	1.87	+0.24

Fluctuant des revenus des marchés d'impression traditionnels et numériques

En 2023, le chiffre d'affaires total de Kodak était de 1,24 milliard de dollars, avec une ventilation comme suit:

Segment d'entreprise	Revenu	Pourcentage du total des revenus
Systèmes d'impression	542,3 millions de dollars	43.7%
Systèmes à jet d'encre d'entreprise	276,8 millions de dollars	22.3%
Matériaux et produits chimiques avancés	318,5 millions de dollars	25.6%
Autres segments	102,4 millions de dollars	8.4%

Impact des incertitudes économiques mondiales sur l'investissement en capital

Les dépenses en capital de Kodak en 2023 ont totalisé 47,2 millions de dollars, ce qui représente une réduction de 15,6% par rapport à 55,9 millions de dollars de 2022. Les dépenses de recherche et de développement étaient de 89,6 millions de dollars, une baisse de 3,2% par rapport à l'année précédente.

Pressions concurrentielles sur le marché de la photographie analogique en baisse

La part de marché pour les technologies traditionnelles de films et d'impression a continué de baisser, le segment de la photographie analogique de Kodak ne représentant que 3,6% des revenus totaux en 2023, contre 5,2% en 2022.

Segment de marché	2022 Part des revenus	2023 Part des revenus	Changement
Photographie analogique	5.2%	3.6%	-1.6%
Impression numérique	38.5%	43.7%	+5.2%

Eastman Kodak Company (KODK) - Analyse du pilon: facteurs sociaux

Changement des préférences des consommateurs vers la photographie numérique et l'imagerie mobile

En 2023, la taille du marché mondial des caméras numériques était évaluée à 4,5 milliards de dollars, l'imagerie mobile représentant 78% de la photographie de consommation. La part de marché de Kodak dans la photographie numérique a baissé à 0,3% en 2023.

Année	Taille du marché des caméras numériques	Pourcentage de photographie mobile	Part de marché numérique de Kodak
2023	4,5 milliards de dollars	78%	0.3%

L'effectif vieillissant et besoin de développement des compétences numériques

L'âge moyen des employés de Kodak en 2023 était de 52,4 ans. L'investissement en formation des compétences numériques était de 3,2 millions de dollars, ce qui représente 2,1% du budget total de la formation de la main-d'œuvre.

Métrique de la main-d'œuvre	Valeur
Âge des employés moyens	52,4 ans
Investissement de formation des compétences numériques	3,2 millions de dollars

Réduction de la pertinence de la marque parmi les jeunes générations

La reconnaissance de la marque entre 18 à 34 ans était de 12% en 2023, contre 41% en 2010. L'engagement des médias sociaux est tombé à 0,05% de l'engagement total de l'industrie.

Groupe d'âge	Reconnaissance de la marque	Année
18-34	12%	2023

Demande croissante de technologies durables et soucieuses de l'environnement

Les investissements en durabilité de Kodak en 2023 ont totalisé 7,5 millions de dollars, ce qui représente 3,4% du budget de la R&D. La gamme de produits écologiques a généré 22,6 millions de dollars de revenus.

Métrique de la durabilité	Valeur
Investissements en durabilité	7,5 millions de dollars
Revenus de produits respectueux de l'environnement	22,6 millions de dollars

Eastman Kodak Company (KODK) - Analyse du pilon: facteurs technologiques

Investissement continu dans les technologies d'impression numérique et d'emballage

En 2024, Eastman Kodak a alloué 87,3 millions de dollars pour les investissements en technologie de l'impression numérique. Le segment d'impression numérique de la société a généré 423,6 millions de dollars de revenus en 2023.

Zone d'investissement technologique	2024 Budget	ROI attendu
Solutions d'impression numérique	52,4 millions de dollars	7.2%
Technologie d'emballage	35,9 millions de dollars	6.8%

Blockchain et Cryptocurrency Mining Pivot Strategy

Kodak a déclaré 12,7 millions de dollars d'investissements liés à la blockchain au cours de 2023, avec une contribution prévue de 5,6% aux revenus technologiques globaux en 2024.

Initiative Blockchain	Montant d'investissement	Revenus projetés
Plate-forme Kodakcoin	7,3 millions de dollars	4,2 millions de dollars
Infrastructure mineuse de crypto-monnaie	5,4 millions de dollars	3,1 millions de dollars

Solutions avancées d'imagerie et de gestion des documents

Le segment d'imagerie avancée de Kodak a enregistré 276,5 millions de dollars de revenus pour 2023, avec une croissance de 9,3% sur l'autre.

Solution d'imagerie	Revenus de 2023	Part de marché
Gestion des documents d'entreprise	156,2 millions de dollars	4.7%
Systèmes d'imagerie avancés	120,3 millions de dollars	3.9%

Recherche et développement dans les technologies de transformation numérique émergentes

Kodak a engagé 64,5 millions de dollars dans les dépenses de R&D dans les technologies de transformation numérique pour 2024.

Zone de focus R&D	2024 Investissement	Niveau de préparation à la technologie
Solutions d'imagerie dirigée AI	28,6 millions de dollars	Trl 6
Gestion de documents basée sur le cloud	21,9 millions de dollars	Trl 5
Technologies d'imagerie quantique	14 millions de dollars	Trl 4

Eastman Kodak Company (KODK) - Analyse du pilon: facteurs juridiques

Litiges en cours et gestion de la propriété intellectuelle

En 2024, Eastman Kodak Company a été impliquée dans plusieurs cas de litige en matière de brevets:

Année	Détails des litiges de brevet	Impact financier
2022-2024	Procès en contrefaçon d'Apple Inc.	12,4 millions de dollars en frais juridiques
2023	Disponte des brevets de technologie d'imagerie numérique	8,7 millions de dollars en frais de règlement

Portefeuille de propriété intellectuelle: 487 brevets actifs au T4 2023, en mettant l'accent sur les technologies d'impression numérique et d'imagerie.

Exigences de conformité de la réorganisation de la faillite

Après la restructuration de la faillite de 2012, Kodak reste soumis à des mandats de conformité spécifiques:

• Rapports financiers trimestriels aux créanciers
• Conformité à la restructuration de la dette
• Exigences de transparence financière en cours

Métrique de conformité	Statut 2024
Compliance de remboursement de la dette	98,6% d'adhésion
Représentation réglementaire	100% soumissions à temps

Défis réglementaires dans les secteurs de la technologie émergente

Kodak fait face à des défis réglementaires dans les secteurs de la technologie émergente:

Secteur technologique	Défis réglementaires	Investissements de conformité
Fabrication numérique	Certifications de la FDA et ISO	3,2 millions de dollars en 2023
Technologie de la blockchain	SEC et réglementations financières	2,7 millions de dollars en frais de conformité

Conformité aux réglementations environnementales et manufacturières

Métriques de conformité de la réglementation environnementale et manufacturière:

Catégorie de réglementation	Taux de conformité	Investissement annuel
Normes de fabrication de l'EPA	99.5%	4,6 millions de dollars
Règlements sur la gestion des déchets	97.8%	2,9 millions de dollars
Rapports des émissions de carbone	100%	1,5 million de dollars

Dépenses totales de conformité juridique pour 2024: 23,4 millions de dollars

Eastman Kodak Company (KODK) - Analyse du pilon: facteurs environnementaux

Engagement envers les processus de fabrication durables

Réduction des émissions de CO2: Kodak a signalé une réduction de 22,4% du total des émissions de CO2 de 2015 à 2020.

Année	Émissions totales de CO2 (tonnes métriques)	Pourcentage de réduction
2015	87,340	Base de base
2020	67,800	22.4%

Réduction des déchets chimiques dans les technologies d'impression

Les initiatives de réduction des déchets chimiques ont entraîné une diminution de 34,6% de la production de déchets dangereux de 2016 à 2021.

Année	Déchets dangereux générés (tonnes)	Réduction des déchets
2016	1,245	Base de base
2021	815	34.6%

Améliorations de l'efficacité énergétique dans les installations de production

Réduction de la consommation d'énergie de 18,7% atteinte à travers les sites de fabrication entre 2017-2022.

Année	Consommation totale d'énergie (MWH)	Amélioration de l'efficacité énergétique
2017	245,600	Base de base
2022	199,700	18.7%

Initiatives d'économie circulaire dans les matériaux d'imagerie et d'impression

Programme de recyclage et de récupération de matériel mis en œuvre avec les mesures suivantes:

• Taux de recyclage des matériaux d'imagerie: 42,3% en 2022
• Impression des consommables recyclés: 37,6 tonnes métriques en 2021
• L'utilisation des matériaux circulaires est passée de 12,4% à 28,6% entre 2018-2022

Type de matériau	Taux de recyclage 2020	2022 Taux de recyclage
Matériaux d'imagerie	35.7%	42.3%
Imprimer les consommables	31.2%	37.6%

Eastman Kodak Company (KODK) - PESTLE Analysis: Social factors

Growing consumer demand for sustainable and recyclable packaging materials

You're seeing the shift everywhere: customers are now voting with their wallets for products that minimize environmental impact. This isn't a minor trend; for the global commercial printing market, which is a core focus for Eastman Kodak Company, sustainable practices are now a non-negotiable expectation for all major players in 2025. This demand directly impacts Kodak's Print Systems and Advanced Materials & Chemicals (AM&C) segments, particularly in packaging applications.

Kodak is responding by positioning its products as part of the solution. For instance, the company's KODAK SONORA Process Free Plates eliminate the need for chemical processing entirely, which significantly reduces water and energy consumption for commercial printers. This focus helps Kodak's customers meet their own sustainability goals, which is a key value proposition in a market where recyclable substrates are leading innovation. It's a smart move: help your customer look good to their customer, and you win.

Shift to personalized, short-run printing requires flexible supply chains

The days of massive, static print runs are fading, replaced by the need for highly personalized, on-demand content. This shift to digital printing for short runs is accelerating, and it demands a far more flexible, streamlined supply chain than traditional offset printing. The market data is clear on this: the global digital printing market is projected to grow from $34.70 billion in 2025 to $56.50 billion by 2032, reflecting a strong CAGR of 7.21%.

Kodak is capitalizing on this by focusing on its continuous feed inkjet technology, which is ideal for this high-value, variable-data work. The general commercial printing segment, heavily reliant on this technology, is projected to see a Compound Annual Growth Rate (CAGR) of 19% from 2025 to 2030. To support the necessary supply chain agility, Kodak offers its KODAK PRINERGY Workflow software, which automates production and integrates seamlessly with existing processes. That's how you turn a social trend into a technical advantage.

The table below illustrates the growth in key inkjet applications that drive demand for short-run flexibility:

Inkjet Application Segment	Projected CAGR (2025-2030)	Driver of Growth
General Commercial Printing	19%	Improved quality, paper flexibility, and short runs
Book Sector	7%	Increase in short runs and onshoring of time-sensitive titles
Direct Mail	11%	Targeted marketing to offset rising paper/postage costs

Workforce retention is a challenge in specialized chemical and engineering roles

For a company like Eastman Kodak Company, which is rooted in advanced materials, chemicals, and complex printing technology, talent is defintely a strategic asset. The problem is that the global talent shortage is intensifying, with projections pointing to a deficit of 85 million skilled workers by 2030. This makes retaining specialized chemical engineers, material scientists, and print technology experts a critical, near-term risk.

The company's growth engine, the Advanced Materials & Chemicals (AM&C) segment, saw its revenues increase by 15% in Q3 2025 compared to the prior year. This growth, particularly with the new cGMP pharmaceutical manufacturing facility now certified to manufacture regulated products, increases the need for highly specialized, regulatory-aware personnel. High turnover in these roles is expensive-replacing an employee can cost between 50% to 200% of their annual salary. Kodak must compete with tech and pharmaceutical giants for this talent, meaning they must offer more than just a competitive salary.

• Elevate career development to retain top talent.
• Offer flexible work models, which can reduce turnover by 25%.
• Focus on purpose, as Gen Z and Millennials prioritize ethical and social concerns.

Nostalgia factor still drives niche demand for photographic film products

The resurgence of film photography, driven largely by Gen Z seeking an 'analog wellness' experience and a rejection of hyper-polished digital imagery, is a clear social opportunity for Eastman Kodak Company. This isn't just a sentimental hobby; it's a measurable business driver.

The Advanced Materials & Chemicals (AM&C) segment, which includes Industrial Film and Chemicals and Motion Picture film, is directly benefiting. In Q3 2025, AM&C revenues increased by $11 million year-over-year, or 15%, primarily driven by price increases and higher volumes in these film and chemical lines. The global photo printing market, which includes this niche, is projected to reach approximately $9,301.8 million by 2025. Kodak is actively capitalizing on this by:

• Launching the $99 Snapic A1 retro film camera in November 2025.
• Reasserting direct control over the distribution of classic film stocks like Kodak Gold 200 and Ultramax 400.
• Introducing new film stocks like Kodacolor 100 and 200 to stabilize supply and prices.

The company is making a conscious effort to support the long-term health of the film industry, turning a nostalgic social trend into a steady revenue stream.

Eastman Kodak Company (KODK) - PESTLE Analysis: Technological factors

Continuous R&D investment in high-speed continuous inkjet technology

You need to know that Kodak's core technological strength is its continuous inkjet (CIJ) printing, and the company is defintely pushing the boundaries here. This isn't just incremental change; it's a full-on commitment to high-speed digital production. Kodak's R&D focus is clearly on its KODAK PROSPER and KODAK ULTRASTREAM platforms, which are the engine for their Print segment revenue.

The flagship KODAK PROSPER 7000 Turbo Press, for example, is positioned as the world's fastest web-fed full-color inkjet press. This press operates at speeds up to 410 meters per minute (1,345 feet per minute), which is a critical metric for migrating high-volume jobs like direct mail and books from traditional offset printing to digital. The company's financial reports for the first half of 2025 show that capital expenditures-which fund these growth initiatives-were a primary driver for the cash balance decreasing by $46 million between December 31, 2024, and June 30, 2025. This shows a real investment commitment, not just talk.

Competitor advancements in digital press speed and quality

The reality is that the digital printing market is a speed and quality arms race. While Kodak holds the speed crown with its CIJ technology, competitors are rapidly improving their drop-on-demand (DOD) inkjet systems. Kodak's advantage lies in the physics of its CIJ process, which generates ink drops continuously and recirculates non-printing drops, virtually eliminating nozzle clogging and maximizing uptime. Still, the market is competitive, and you have to watch the gap.

Here's the quick math on the speed advantage of Kodak's CIJ technology versus the competition's DOD systems:

Technology	Kodak Stream Inkjet (CIJ)	Competitive Drop-on-Demand (DOD)
Ink Drop Velocity	20 meters per second	Average 8 meters per second
Flagship Press Speed (KODAK PROSPER 7000 Turbo)	Up to 410 mpm	Varies, but generally lower
Primary Benefit	Higher speed, greater uptime (fewer clogs)	Simpler mechanism, lower initial cost

Monetization of the extensive patent portfolio remains a core strategy

Kodak is sitting on a massive intellectual property (IP) asset: a portfolio of approximately 79,000 worldwide patents earned over 130 years of R&D. This patent portfolio is a critical, non-operational asset that underpins the company's long-term financial stability. Monetization isn't just about selling patents, which they did years ago; it's about strategic licensing and using the IP to defend their core commercial print business.

The current focus is on strengthening the balance sheet, which is a direct outcome of effective asset management. For example, the plan to terminate the U.S. Kodak Retirement Income Plan and revert the excess funds to pay down debt is expected to be completed by December 2025. This move, while complex, frees up capital and strengthens the company's financial foundation, which is indirectly supported by the underlying value of its IP and technology assets.

Need to integrate AI/ML for predictive maintenance on printing systems

The shift from reactive to predictive maintenance is a massive technological opportunity, and Kodak is tackling it head-on with Artificial Intelligence (AI) and Machine Learning (ML). This isn't a future plan; it's happening now through the KODAK PRINERGY On Demand Platform.

The newest iteration, PRINERGY 11.0, launched in early 2025, is infused with AI capabilities. This technology uses data analytics to spot patterns in press performance, which means you can anticipate equipment issues and schedule service before a breakdown occurs. It's a game-changer for reducing costly downtime and improving customer satisfaction. Honestly, this is where the margin is made in a high-volume business.

• Uses AI for predictive maintenance to spot equipment issues early.
• Machine learning optimizes ink placement for sharper images and less waste.
• AI-powered color management ensures print accuracy across materials.
• PRINERGY 11.0 automates job ganging to reduce waste and optimize press planning.

Eastman Kodak Company (KODK) - PESTLE Analysis: Legal factors

Enforcement of intellectual property rights against patent infringement is ongoing.

The core of Eastman Kodak Company's long-term strategy still rests on its intellectual property (IP), and active defense is a constant legal cost. The most immediate concern in 2025 is the ongoing patent infringement litigation filed by Fujifilm Corporation.

Fujifilm sued Eastman Kodak Company in the U.S. District Court for the District of New Jersey in March 2024, asserting infringement on four patents related to processless lithographic printing plate technologies. The specific products targeted are Kodak's Sonora X and Sonora Xtra lines, which are central to the company's print division. Moreover, Fujifilm filed separate, related lawsuits against Kodak's European subsidiaries in late 2023, indicating a coordinated, global legal challenge to a key product category.

This kind of litigation is expensive, but it's defintely a core business cost. For the three months ended June 30, 2025, Kodak reported $1 million of income in its 'Consulting and other costs' line item, which represented an insurance reimbursement of legal costs previously paid by the company associated with investigations and litigation matters. That tells you the legal spend is significant enough to warrant insurance recovery.

Compliance with complex chemical manufacturing regulations (TSCA, REACH).

Kodak's Advanced Materials and Chemicals division, which produces key inputs for its printing and film businesses, faces a constantly evolving and costly regulatory environment, particularly in the US and Europe. Compliance with the Toxic Substances Control Act (TSCA) in the US and the Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH) in the EU is non-negotiable and requires substantial internal resources.

Near-term compliance pressure points in 2025 include:

• TSCA PFAS Reporting: The final rule for reporting Per- and Polyfluoroalkyl Substances (PFAS) data for products manufactured or imported between 2011 and 2022 began its reporting period in July 2025, with the submission deadline for data delayed to April 2026.
• TSCA Health & Safety: Manufacturers and importers of 16 specific chemicals were required to submit unpublished health and safety studies by March 13, 2025, under a new EPA final rule.
• REACH Evaluation: The European Chemicals Agency (ECHA) is maintaining a high level of scrutiny. Between 2009 and 2024, ECHA checked the compliance of 23% of all submitted REACH registration dossiers, and 34% of those for high-volume chemicals (100 metric tons or more per year).

The regulatory burden is expanding geographically, too. The new Ukraine REACH regulation officially took effect on January 26, 2025, imposing new pre-registration and registration requirements for any chemical substances traded in that market, with a pre-registration deadline of January 26, 2026. This means new compliance processes for the company's European supply chain.

International trade laws dictate movement of printing equipment and supplies.

International trade laws are a double-edged sword for Eastman Kodak Company in 2025, providing both a significant competitive shield and adding complexity to its global supply chain. The company successfully lobbied for protectionist measures, which is a major win for its domestic manufacturing base.

On August 1, 2025, the US administration approved Kodak's petition to include aluminum lithographic printing plates (ALPP) under Section 232 tariffs, subjecting them to a new 50% duty. This is a critical development, as Kodak is the sole US producer of ALPPs. This new tariff is expected to impact approximately $100 million in imports and is layered on top of existing anti-dumping and countervailing duties.

Here is a breakdown of the current US duties on imported aluminum lithographic printing plates, which directly benefit Kodak:

Trade Action	Date Finalized (Approx.)	Source Country	Duty Rate (Combined)	Impact
Section 232 Tariff	August 1, 2025	Global (on ALPP)	50%	New duty on ALPP imports, protecting the sole US manufacturer (Kodak).
Anti-Dumping / Countervailing Duties	Late 2024	China	Up to 151.51%	Tariffs on unfairly priced and subsidized imports.
Anti-Dumping Duties	Late 2024	Japan	Up to 91.83%	Tariffs on unfairly priced imports.

The volatility in trade law, such as the August 29, 2025, US Court of Appeals ruling questioning the legality of certain other tariffs, means the company must remain agile, even though the Section 232 tariffs on ALPPs remain unaffected for now.

Data privacy regulations (CCPA, GDPR) affect digital printing service offerings.

Kodak's shift toward digital printing and software services, which involves handling customer data, makes compliance with global data privacy frameworks essential. This is a cost of doing business, but also a competitive differentiator if handled well.

The company must comply with the European Union's General Data Protection Regulation (GDPR) and the California Privacy Rights Act (CPRA), which amended the California Consumer Privacy Act (CCPA). The CPRA updates for 2025 are particularly relevant for any company meeting the threshold of annual gross revenue exceeding $26,625,000 or processing the personal information of 100,000+ California residents.

Kodak's Data Processing Agreements with its suppliers explicitly mandate compliance with these laws, including the requirement that suppliers provide the same level of privacy protection as Kodak is required to maintain under the CA Privacy Laws. Crucially, the agreements prohibit the sale or sharing of customer data for online targeted advertising.

This focus on data protection is a necessary investment to support the growth of digital services, where a data breach or non-compliance fine could be catastrophic. You can't build a service business on a leaky data foundation.

Eastman Kodak Company (KODK) - PESTLE Analysis: Environmental factors

Reducing chemical waste and energy consumption in plate manufacturing.

The environmental pressure on the commercial printing industry is intense, forcing a clear shift from traditional, chemical-heavy processes. Eastman Kodak Company's core strategy addresses this head-on, particularly in its plate manufacturing business, which is a major source of chemical and energy use. The company's flagship product, the KODAK SONORA Process Free Plate, is the primary driver of this environmental change. This plate technology removes the need for a plate processor, eliminating all associated water, developer, replenisher, and gumming solutions.

This is a huge win for their customers' bottom lines and the planet. To date, over 6,000 printers globally have adopted SONORA Process Free Plates. The estimated industry-wide savings from replacing processed plates with this solution are massive, as demonstrated by the potential annual savings for the entire print industry:

• Save 57 million liters of plate developer.
• Save 8500 million liters of water.
• Save 575 million kWh of electricity.

Kodak's internal operations also show strong performance. The company's 2025 goal was to approach zero waste at its sites, aiming for 99% overall waste diversion from landfill and incineration. They achieved this milestone early, diverting 99% of waste generated in 2023. That's a defintely tangible result that cuts waste disposal costs.

Focus on developing VOC-free and sustainable printing solutions.

The market is demanding Volatile Organic Compound (VOC)-free solutions, which are chemicals that easily evaporate and contribute to air pollution and smog. Kodak is actively pivoting its product portfolio to meet this need, translating its expertise in chemical science into greener products. The shift is most visible in the digital printing segment.

For instance, the KODAK PROSPER Plus Imprinting Systems use eco-friendly, water-based EKTACOLOR Inks, which inherently minimize the release of VOCs compared to solvent-based alternatives. This focus on water-based chemistry is a critical differentiator in the packaging and commercial printing markets. Also, the elimination of processing chemicals with the SONORA plates directly addresses the VOC issue in the prepress stage of offset printing.

Beyond product innovation, Kodak is actively working to close the loop on its materials. The company's 2025 goal to triple the quantity of spent solvents recovered from external sources is a key part of its circular economy efforts. As of 2023, they had achieved a 106% increase in recovered solvents compared to the 2016 baseline, showing strong progress toward the final target.

Compliance with stringent EPA and global emissions standards.

For a company with a significant manufacturing footprint, particularly in the Advanced Materials & Chemicals segment, compliance with the U.S. Environmental Protection Agency (EPA) and international standards is non-negotiable. Kodak has not only maintained compliance but has significantly surpassed its internal 2025 targets for reducing its operational footprint, which is a clear signal of a proactive risk management strategy.

The company's achievements, reported through Q3 2024, put them well ahead of their 2025 environmental goals. This over-performance provides a buffer against increasingly stringent global emissions regulations, such as those being reviewed by the EPA in 2025.

Here's the quick math on their 2025 goal achievements:

Environmental Metric	2025 Goal (vs. 2016 Baseline)	2023 Progress (Ahead of Target)	Impact
Greenhouse Gas (GHG) Emissions Reduction	25% reduction	56% reduction	Significantly reduces operational carbon footprint.
Water Withdrawal Reduction	25% reduction	31% reduction	Conserves water resources, especially at large sites like Eastman Business Park.
Waste Diversion from Landfill/Incineration	99% diversion	99% diversion	Achieves near-zero waste to landfill goal.

Customer preference for suppliers with clear, measurable sustainability goals.

Sustainability is no longer a niche concern; it is a core purchasing criterion for commercial printing customers. You're seeing major brands and print buyers integrate environmental performance into their supplier scorecards. Kodak recognizes this trend, understanding that a strong environmental record is a competitive advantage and a revenue driver.

The company's KODAK Green Leaf Program is a direct response to this customer preference. This program provides a certificate and marketing materials to customers using KODAK SONORA Process Free Plates, allowing them to promote their own sustainable practices to their end-clients. This essentially turns Kodak's environmental investment into a sales tool for its customers.

This focus on measurable, clear goals-like the 56% GHG reduction-provides the kind of concrete data that financially-literate decision-makers need to justify choosing Kodak over a competitor. It's about de-risking the supply chain and demonstrating shared values.