Danimer Scientific

Danimer Scientific, Inc. operates as a next generation bioplastics company. It focuses on the development and production of biodegradable materials. The firm sells its products under the brand name Nodax. Its applications for biopolymers include additives, aqueous coatings, fibers, filaments, films, and injection-molded articles. The company was founded on January 13, 2014 and is headquartered in Bainbridge, GA.

Earnings data Q4 2020

Earnings data Q1 2021

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Danimer Scientific secures $130M loan, eyes profitability amid challenges

Danimer Scientific's Q4 2022 earnings call highlighted revenue figures, adjusted EBITDA losses, and strategic plans for profitability in 2023.
The company's strengths lie in its strong executive team, sustainability focus, key partnerships, and successful financing initiatives.
Challenges include cost estimates for projects, achieving profitability, managing off-take agreements, and balancing financial needs with shareholder interests.
Opportunities exist in the growing demand for sustainable materials, global brand partnerships, revenue growth, and market disruption for Danimer.

Danimer Scientific reports mixed Q1 results, eyes growth opportunities

Danimer Scientific's Q1 2023 performance showed mixed results with revenue decline but improved EBITDA loss and increased liquidity. The company's strengths lie in cost control, new commercial opportunities, and partnerships. Challenges include fluctuating canola prices and interest expenses, while opportunities include growth in PHA-based materials and positive business momentum.

Danimer Scientific reports revenue growth amidst challenges, eyes sustainability opportunities

Danimer Scientific's Q2 performance reflected revenue growth driven by PHA-based resin sales, despite facing a gross loss due to higher expenses.
The company's emphasis on innovation, sustainability, and government support positions them well in the market, despite financial challenges and geopolitical risks.
Opportunities in new product development, market expansion, and operational growth present avenues for Danimer to enhance its competitive position and drive future success.

Danimer Scientific reports Q3 revenue growth amidst sustainability focus

Danimer Scientific's Q3 performance showed revenue growth driven by PHA-based resin sales, despite challenges in managing costs.
The company's strategic strengths lie in securing significant awards and its commitment to sustainability initiatives.
While facing financial challenges, Danimer has opportunities for growth through upcoming funding and market demand for eco-friendly solutions.

Danimer Scientific reports Q4 losses but highlights industry successes

Danimer Scientific faces challenges with delays in commercial launches and financial losses in Q4 2023. However, the company's strengths lie in its successes in biodegradable plastics, partnerships with key players, and progress in plant completion and market expansion. Opportunities for growth exist in product development, partnerships, and market prospects.

Danimer Scientific reports robust Q1 performance amidst revenue challenges

Danimer Scientific's Q1 performance reflects strong growth in PHA revenues and promising commercial partnerships.
While facing short-term challenges from revenue headwinds, the company's operational improvements and financial support position it well for future opportunities.
Managing liquidity and focusing on customer demand forecasts will be key in navigating the path towards profitability and sustainable growth.

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Danimer plans to issue a convertible note, spooking investors, but the cash is going to help it invest in long term growth opportunities.

Danimer Scientific Tanked Today: Is It Still a Buy?

The biotechnology company announced it was raising some cash. Investors weren't so pleased about the way it plans to do it.

Why Danimer Scientific Stock Plunged 19% at the Open Today

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, announced today its intention to offer, subject to market and other conditions, $175,000,000 aggregate principal amount of convertible senior notes due 2026 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A

Danimer Scientific Announces Proposed Convertible Senior Notes Offering

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, announced today that members of Danimer management will participate in the Citi 2021 Global Basic Materials Conference to be held virtually on Wednesday, December 1, 2021. About Danimer Scientific Danimer is a pioneer in creating more sustainable, more natural ways to make plastic

Danimer Scientific to Attend the Citi 2021 Global Basic Materials Virtual Conference

Shares of the bioplastics company fell on a disappointing earnings report.

Why Danimer Scientific Stock Tumbled Today

Danimer Scientific, Inc.'s (DNMR) CEO Steve Croskrey on Q3 2021 Results - Earnings Call Transcript

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, announced today its financial results for the third quarter ended September 30, 2021. Stephen E. Croskrey, Chairman and Chief Executive Officer of Danimer commented, “The third quarter marked another period of continued progress on our path to deliver best-in-class solutions for b

Danimer Scientific Announces Third Quarter 2021 Results

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There is a growing demand for biodegradable alternatives to the current crop of ubiquitous plastics.

Opportunities In Bioplastics

Danimer stands to soon lead at the frontier of a very young bioplastics industry poised to expand by 17.4% annually as preferences increase towards ESG products. Danimer's flagship product Nodax PHA could break the bioplastics market in the next few years with its faster decomposition time and ability to decompose in bodies of water.

Danimer Scientific: Standing Strong At The Selloff Floor

BAINBRIDGE, Ga. & GORINCHEM, Netherlands--(BUSINESS WIRE)---- $DNMR--Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer”), and Total Corbion PLA, both leading bioplastics companies focused on the development and production of biodegradable materials, today announced that they have entered into a long-term collaborative arrangement for the supply of Luminy® PLA, a biobased polymer used to manufacture compostable products. As Danimer continues to scale up the commercial production of Nodax®, its signature pol

Danimer Scientific and Total Corbion PLA Collaborate to Support Sustainable Alternatives to Traditional Plastic Products

BAINBRIDGE, Ga.--(BUSINESS WIRE)--Danimer Scientific (NYSE: DNMR) (“Danimer” or the “Company”), a leading next generation bioplastics company focused on the development and production of biodegradable materials, announced today that the Company will release its third quarter 2021 financial results after the market closes on Monday, November 15, 2021. A webcast and conference call will be held that same day at 5:00 p.m. Eastern Time to review the Company's third quarter results, discuss recent e

Danimer Scientific Announces Date for Third Quarter 2021 Results

BAINBRIDGE, Ga.--(BUSINESS WIRE)---- $DNMR--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 is collaborating with Chevron Phillips Chemical (“CPChem”) to explore a loop slurry reactor design for the manufacture of Rinnovo™. Rinnovo™ is a type of polyhydroxyalkanoate (“PHA”) synthesized from lactones produced using Danimer's proprietary Novo22™ catalyst

Danimer Scientific and Chevron Phillips Chemical Collaborate to Develop Technology for Lower-Cost Biodegradable Polymer Manufacturing

BAINBRIDGE, Ga.--(BUSINESS WIRE)---- $DNMR--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 shared consolidated information for investors to clarify misconceptions raised in Muddy Waters' recent short-seller report. Danimer Chief Executive Officer Stephen E. Croskrey said, “This short-seller ‘research' is an unfortunate effort to mislead Danimer investors and gener

Danimer Scientific Comments on Misleading Muddy Waters Report

BAINBRIDGE, Ga.--(BUSINESS WIRE)---- $DNMR--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 that Deborah McRonald has joined the Company to serve in the newly created position of Chief Corporate Development Officer. With many years of experience leading business development and technology licensing initiatives across the pharmaceutical, consumer goods, ma

Danimer Scientific Appoints Food and Beverage Industry Expert Deborah McRonald as Chief Corporate Development Officer

BAINBRIDGE, Ga.--(BUSINESS WIRE)---- $DNMR--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 received a $400,000 grant from the United Soybean Board to expand the Company's evaluation of high-oleic soybean oil (HOSO) as a feedstock in the production of polyhydroxyalkanoate (PHA), a sustainable biopolymer that serves as a biodegradable alternative to

Danimer Scientific Receives Grant from United Soybean Board to Expand Research of High-Oleic Soybean Oil in Biodegradable Plastic Production

BAINBRIDGE, Ga.--(BUSINESS WIRE)--Danimer Scientific (NYSE: DNMR) (“Danimer” or the “Company”), a leading next generation bioplastics company focused on the development and production of biodegradable materials, announced today that members of Danimer management will participate in the BofA Securities Sustainability and the Circular Economy Investor Summit to be held virtually on Wednesday, September 1, 2021. About Danimer Scientific Danimer is a pioneer in creating more sustainable, more natur

Danimer Scientific to Attend the BofA Securities Sustainability and the Circular Economy Investor Summit

Danimer has the right product and technology, at the right time. The company is smartly capitalizing on exploding demand by ramping up 3 new facilities.

Danimer Scientific: Scaling Up Into A Great Story

Danimer Scientific has seen a steep sell-off since February, in what may be a market overreaction. It's demonstrated robust revenue growth, and the Novomer acquisition should be accretive to its bottom line.

Danimer Scientific: Prepare For Takeoff

Quarterly earnings came in ahead of expectations.

Why Danimer Scientific Stock Is Higher Today

Danimer Scientific, Inc. (DNMR) CEO Steve Croskrey on Q2 2021 Results - Earnings Call Transcript

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, announced today its financial results for the second quarter ended June 30, 2021. Stephen E. Croskrey, Chief Executive Officer of Danimer commented, “During the second quarter 2021, we made further inroads in our mission to create consumer packaging and other biodegradable product

Danimer Scientific, a Next Generation Bioplastics Company, Announces Second Quarter 2021 Results

BAINBRIDGE, Ga.--(BUSINESS WIRE)---- $DNMR--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 that it has completed the acquisition of Novomer, Inc. (“Novomer”), a leading developer of conversion technology providing transformable, functional and low net carbon inputs into the production of PHA-based resins and other biodegradable materials. Novomer develop

Danimer Scientific Completes Acquisition of Biodegradable Polymer Producer Novomer

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EcoSynthetix Hits Key Milestones With Its Disruptive Biopolymers

BAINBRIDGE, Ga.--(BUSINESS WIRE)---- $DNMR--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 that it has signed a definitive agreement to acquire Novomer, Inc. (“Novomer”), a leading developer of conversion technology providing transformable, functional, and low net carbon inputs into the production of PHA-based resins and other biodegradable materials, in

Danimer Scientific to Acquire Biodegradable Polymer Producer Novomer

BAINBRIDGE, Ga.--(BUSINESS WIRE)--Danimer Scientific (NYSE: DNMR) (“Danimer” or the “Company”), a leading next generation bioplastics company focused on the development and production of biodegradable materials, announced today that the Company will release its second quarter 2021 financial results after the market closes on Monday, August 16, 2021. A webcast and conference call will be held that same day at 5:00 p.m. Eastern Time to review the Company's second quarter results, discuss recent e

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