Danimer Scientific Inc (DNMR) Sector
Materials

(Current) $1.27
-0.08 (-5.93%) Open Price: 1.27

 

Danimer Scientific Inc. is a leading biopolymer manufacturer that specializes in creating sustainable, biodegradable products for a wide range of industries. The company was founded in 2004 by Stephen Croskrey and Michael A. O'Donnell, and has since grown to become one of the most innovative and forward-thinking companies in the bioplastics industry.

 

Danimer Scientific's core product is its proprietary biopolymer called Nodax, which is made from renewable, plant-based materials. Nodax is fully biodegradable and compostable, making it an ideal alternative to traditional plastics that can take centuries to break down in the environment. The company's biopolymer is used in a variety of applications, including food packaging, drinking straws, and even textiles.

 

In addition to its core product line, Danimer Scientific also offers a range of specialized services to its clients. The company works closely with its customers to create customized formulations and applications that meet their specific needs. This approach allows Danimer Scientific to create innovative solutions that are tailored to the unique requirements of each industry and application.

 

Danimer Scientific has also made strategic acquisitions and partnerships to expand its offerings in recent years. For example, the company acquired a controlling interest in the Italian bioplastics company Novomerics Italia in 2017, expanding its presence in Europe. Danimer Scientific has also partnered with a number of companies in the food packaging and other industries to create innovative, sustainable products that reduce waste and promote environmental sustainability.

 



 

(03/01/24) $1.27
(03/02/24) $1.35
(03/02/24) (Qty.)484,799
(03/01/24) $1.27
(03/01/24) $1.36
(02/04/24) $0.60
(04/02/23) $4.59
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