Danimer Scientific, Inc. (6CU)

Overview

Danimer Scientific, Inc. is a pioneering performance polymer company dedicated to creating bioplastic replacements for traditional petroleum-based plastics. With a global footprint that spans the United States, Germany, Poland, Belgium, Austria, and other international markets, Danimer Scientific is at the forefront of innovation in biodegradable materials. Founded in 2004 and headquartered in Bainbridge, Georgia, the company's mission is to lead the transition towards a more sustainable future through the development and commercialization of its eco-friendly plastic alternatives.

Products and Services

• Polyhydroxyalkanoate (PHA) under the Nodax brand name:

  A cornerstone of Danimer Scientific's product line, Nodax PHA offers a viable biodegradable alternative to conventional plastics. Produced through natural fermentation processes, this material is suitable for a vast array of applications, including films, straws, cutlery, and food containers. Nodax PHA's biodegradability ensures it contributes to reducing plastic pollution, aligning with growing environmental concerns and legislative requirements for sustainable materials.

• Polylactic Acid-Based Resins:

  These resins are utilized for coating disposable paper cups, offering a sustainable alternative that addresses the environmental impact of single-use products. By replacing traditional plastic coatings with polylactic acid-based solutions, Danimer Scientific enables the production of compostable paper cups, further expanding the scope of eco-friendly packaging options available to consumers and businesses alike.

• Other Biopolymers:

  Beyond PHA and polylactic acid-based resins, Danimer Scientific develops a diverse range of biopolymers tailored for various industrial applications. These products serve as key ingredients in additives, aqueous coatings, fibers, filaments, films, thermoforming, and injection-molded articles. This versatility demonstrates Danimer Scientific's commitment to innovation and its capability to meet the specific needs of consumer packaging brand owners, converters, and manufacturers within the plastics industry.