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 271 full-time employees. The company went IPO on 2020-05-06. The firm specializes in bioplastic replacements for traditional petroleum-based plastics. The company is a producer of polyhydroxyalkanoate (PHA), a biodegradable ingredient in a range of engineered materials that are plastic alternatives, which the Company sells under the Nodax brand name. The company harvests the PHA from the bacteria, then purify and filter the bioplastic before forming the 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. Its polylactic acid (PLA) is made from dextrose derived from corn, sugar beets and sugar cane. The firm markets its products to consumer packaging brand owners, converters and manufacturers in the plastics industry. Applications for its biopolymers include additives, aqueous coatings, fibers, filaments, films, thermoforming, and injection-molded articles.

Company Info

DANIMER SCIENTIFIC INC

140 Industrial Boulevard

Bainbridge GEORGIA 39817

P: 19016852865

CEO: Stephen E. Croskrey

Employees: 271

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