Danimer Scientific Announces Successful Expansion of Rinnovo® Demonstration Plant Capacity
Danimer Scientific, Inc. (DNMR)
Company Research
Source: Business Wire
Newly completed demonstration plant capacity will accelerate partnership testing BAINBRIDGE, Ga.--(BUSINESS WIRE)--Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the “Company”), a leading next generation bioplastics company focused on the development and production of biodegradable materials, today announced it has successfully completed the expansion of its Rochester, NY demonstration plant in order to better serve partners for the testing of Rinnovo® polymers.Rinnovo® is a type of polyhydroxyalkanoate (“PHA”) synthesized using a thermocatalytic process, which the Company believes can be produced at a lower cost than PHA produced via fermentation processes. The Rinnovo® product platform boasts unique properties relative to currently marketed PHA materials, including enhanced barrier properties, increased elongation and a lower melting temperature. Danimer expects the capital cost to build out future commercial capacity of Rinnovo® will be significantly less than commercial pl
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DNMR
Earnings
- 11/14/23 - Miss
DNMR
Sec Filings
- 5/3/24 - Form 424B3
- 5/3/24 - Form 8-K
- 4/22/24 - Form 424B3
- DNMR's page on the SEC website