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Danimer Scientific Inc DNMR

Chemicals Specialty Chemicals
Danimer Scientific, Inc. is a performance polymer company. The Company specializes in bioplastic replacements for traditional petroleum-based plastics. Its technologies include Polyhydroxyalkanoate (PHA)-based Resins, Polylactic acid (PLA)-based Resins and Rinnovo. It 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. It 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 Company primarily markets its products to consumer packaging brand owners, converters and manufacturers in the plastics industry.


NYSE:DNMR - Post by User

Danimer Scientific Inc
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Post by TrickyGuyon Jan 24, 2021 11:16pm
500 Views
Post# 32372919

Long-term contracts + Long-term growth = huge potential

Long-term contracts + Long-term growth = huge potentialThis company has take or pay contracts with Nestle (water bottles), Pepisco (Frito Lay chip bags) and WinnCup (cups) to use biodegradable plastics made from canola oil.
This company is only followed by one analyst at the moment.
Off the radar screen since they got financing from a SPAC in Q4
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Dealroom for high-potential pre-IPO opportunities