DANIMER SCIENTIFIC INC (DNMR)

Company Profile

Danimer Scientific, Inc. operates as a next generation bioplastics company. The company is headquartered in Bainbridge, Georgia and currently employs 257 full-time employees. The company went IPO on 2020-05-06. The firm specializes in bioplastic replacements for traditional petroleum-based plastics. Its technologies include Polyhydroxyalkanoate (PHA)-based Resins, Polylactic acid (PLA)-based Resins and Rinnovo. The company harvests the PHA from the bacteria, then purifies and filters the bioplastic before forming the non-formulated PHA into pellets. Its PHA is a naturally occurring bioplastic that effectively biodegrades in both anaerobic environments, such as a waste treatment facility, and aerobic environments. The company sells the PHA under its proprietary Nodax brand name. PLA is made from dextrose derived from corn, sugar beets and sugar cane, among other sources. Applications for biopolymers include additives, aqueous coatings, fibers, filaments, films, thermoforming, and injection-molded articles. The firm primarily markets its products to consumer packaging brand owners, converters and manufacturers in the plastics industry.

Company Info

DANIMER SCIENTIFIC INC

140 Industrial Boulevard

Bainbridge GEORGIA 39817

P: 19016852865

CEO: Stephen E. Croskrey

Employees: 257

Website: https://www.liveoakacq.com/