Company description

DNMR, or Danimer Scientific Inc., is a company that specializes in producing sustainable and biodegradable materials. Founded in 2004, the company is based in Bainbridge, Georgia and has a global presence in Europe, Asia, and Australia. DNMR's mission is to create innovative solutions to traditional plastic products by utilizing renewable resources such as plant-based materials. The company's primary product is PHA, a biodegradable polymer that is used in a wide range of applications such as packaging, bottles, and fibers. Some of their notable partners include PepsiCo, Nestlé, and Bacardi. DNMR also has a strong commitment to sustainability, actively working towards reducing their carbon footprint and promoting the circular economy. In 2020, the company went public through a merger with Live Oak Acquisition Corp, with a market cap of over $300 million. DNMR continues to be a leader in the sustainable materials industry, providing innovative and eco-friendly solutions to the global plastic pollution problem.