STOCK TITAN

Danimer Scientific Inc - DNMR STOCK NEWS

Welcome to our dedicated page for Danimer Scientific news (Ticker: DNMR), a resource for investors and traders seeking the latest updates and insights on Danimer Scientific stock.

Overview of Danimer Scientific Inc

Danimer Scientific Inc (DNMR) operates in the advanced materials sector with a specialized focus on developing and manufacturing biodegradable and compostable polyhydroxyalkanoate (PHA) bioplastics. Utilizing renewable feedstocks such as cold pressed canola oil, the company crafts materials that not only match but often exceed the performance characteristics of traditional petroleum-based plastics. This innovative approach integrates environmental responsibility with industrial efficiency, making Danimer a significant contributor to sustainable material science.

Core Business and Production Capabilities

At the heart of Danimer Scientific Inc’s operations is the production of commercial-grade biopolymers designed for diverse applications including packaging, consumer goods, and industrial components. The company employs state-of-the-art production systems and cutting-edge laboratories to ensure high-quality manufacturing standards. Coupled with their toll manufacturing services, Danimer provides full-scale support, ranging from material handling and quality assurance to advanced logistics operations, which enables other companies to access their specialized production capabilities.

Technology and Process Innovation

Danimer’s technical expertise lies in transforming natural, renewable resources into high-performance bioplastics. The production process harnesses cold pressed canola oil to produce a specialized form of PHA that is not only 100% biodegradable but also fully compostable. This innovative conversion technology positions the company at a crucial nexus between sustainable resource management and high-demand commercial material production. The meticulous engineering behind their manufacturing process emphasizes scalability, durability, and cost-effectiveness, ensuring that their bioplastic offerings are competitive against conventional plastic alternatives.

Market Position and Industry Context

Operating within the broader biopolymers and sustainable materials market, Danimer Scientific Inc stands apart by addressing critical environmental challenges while meeting the robust performance criteria required for industrial applications. By offering renewable, high-quality bioplastic materials, the company caters to global brand owners and manufacturers looking to fulfill stringent environmental regulations and consumer demand for sustainable products. Danimer's operations serve as a practical solution at a time when reliance on nonrenewable, dwindling resources poses significant risks to traditional manufacturing paradigms.

Specialty Toll Manufacturing and Collaborative Services

The company’s toll manufacturing division further underscores its commitment to operational excellence. By providing comprehensive production services, including access to advanced equipment, laboratories, and experienced personnel, Danimer Scientific Inc enables partners to produce customized biopolymer solutions without the need to invest in costly infrastructure. This collaboration model not only leverages Danimer’s expertise but also extends its market reach as a facilitator of sustainable innovation.

Competitive Differentiation and Industry Relevance

Danimer Scientific Inc differentiates itself through its integrative approach that combines scientific rigor with practical manufacturing solutions. The company’s commitment to environmentally responsible production methods, backed by a robust technical foundation, places it favorably within the sustainable materials landscape. Their ability to produce bioplastics that rival or exceed the performance of petroleum-based alternatives while ensuring complete biodegradability demonstrates a compelling case for long-term relevance in an industry transitioning toward eco-friendly practices.

Concluding Insights

For investors and industry stakeholders, Danimer Scientific Inc represents a focused application of biopolymer technology that converges sustainability with competitive industrial performance. The company’s detailed attention to production innovation, operational efficiency, and service-oriented business model positions it as a noteworthy entity in the realm of advanced, renewable materials. Through its continuous efforts in technology and scalable manufacturing, Danimer remains a practical embodiment of how sustainable practices can be harmonized with high production standards to address essential market demands.

Rhea-AI Summary
Danimer Scientific expands collaboration with Chevron Phillips Chemical to explore high-volume polymer applications using Rinnovo™ materials.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.08%
Tags
none
-
Rhea-AI Summary
Danimer Scientific's subsidiary, Meredian Bioplastics, has been invited by the U.S. Department of Energy's Loan Programs Office into the due diligence and term sheet negotiation process for a loan guarantee. This could assist in funding the company's capacity expansion efforts to bring more biodegradable materials to the market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.8%
Tags
none
-
Rhea-AI Summary
Danimer Scientific, Inc. (NYSE: DNMR) announced its financial results for the second quarter of 2023. The company also announced the acceptance of its Part II Application by the U.S. Department of Energy (DOE) under the Title XVII Loan Guarantee. If successful, this could lead to funding for the construction of its manufacturing facility in Georgia. Revenues for the second quarter grew to $12.9 million, driven by stronger sales of PHA-based resins. Gross profit was $(6.6) million, and net loss was $(39.2) million. The company reported a total debt balance of $377.8 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.8%
Tags
Rhea-AI Summary
Danimer Scientific, Inc. will release its second quarter 2023 financial results on August 8, 2023. A webcast and conference call will be held to review the results and discuss recent events.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.55%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.16%
Tags
conferences
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.32%
Tags
Rhea-AI Summary
Danimer Scientific, a leading bioplastics company, will release its Q1 2023 financial results on May 10. A webcast and conference call will be held to review the results and discuss recent events.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.32%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.01%
Tags
none
-
Rhea-AI Summary

Danimer Scientific (NYSE: DNMR) and TotalEnergies Corbion have developed a new compostable coffee pod biopolymer that complies with proposed EU packaging regulations. This innovative formulation combines Danimer’s Nodax® and TotalEnergies’ Luminy® PLA material, which has been certified by TUV as home compostable. With an estimated 550 million pounds of plastic used for single-use coffee pods in Europe annually, this collaboration aims to address the problem of plastic waste. The product is currently being tested in the market by European companies. CEO Stephen Croskrey will also ring the closing bell at the New York Stock Exchange to celebrate the announcement and mark the beginning of Earth Week.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.98%
Tags
none
Rhea-AI Summary

Danimer Scientific (NYSE: DNMR) announced that CEO Stephen Croskrey will ring the closing bell at the New York Stock Exchange on April 17 at 4 p.m. EST, coinciding with the start of Earth Week. This event underscores Danimer's commitment to environmental sustainability through its 100% compostable alternatives to conventional plastics, aimed at addressing the plastic waste crisis. The company released its 2022 ESG report, which is available for download on its website. Danimer is known for its innovative polymer, Nodax (TM) PHA, made from canola oil that is fully biodegradable and renewable. Since trading under the DNMR ticker starting December 30, 2020, Danimer has focused on producing sustainable plastic products while holding over 430 patents globally.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3%
Tags
none

FAQ

What is the current stock price of Danimer Scientific (DNMR)?

The current stock price of Danimer Scientific (DNMR) is $0.35 as of March 18, 2025.

What is the market cap of Danimer Scientific (DNMR)?

The market cap of Danimer Scientific (DNMR) is approximately 5.3M.

What is the primary business of Danimer Scientific Inc?

Danimer Scientific Inc specializes in producing biodegradable and compostable PHA bioplastics using renewable feedstocks. The company also offers toll manufacturing services to enable other businesses to access their advanced production technologies.

How does Danimer Scientific produce its bioplastics?

The company converts renewable natural resources, such as cold pressed canola oil, into commercial-grade PHA biopolymers through state-of-the-art production systems and advanced laboratory processes.

What are the benefits of Danimer Scientific's bioplastic products?

Danimer's bioplastics are designed to be 100% biodegradable and compostable while meeting or exceeding performance standards of conventional petroleum-based plastics. This ensures an environmentally responsible alternative without compromising material integrity.

In what way does Danimer Scientific support other companies?

Beyond manufacturing, Danimer offers specialty toll manufacturing services, providing access to its production equipment, laboratories, material handling, and experienced staff. This enables partner companies to produce customized biopolymer solutions.

How is Danimer Scientific positioned within the sustainable materials market?

Danimer operates in a niche market that addresses environmental challenges by replacing nonrenewable plastics with renewable, high-performance biopolymers, offering a scalable and cost-effective solution aligned with current sustainability trends.

What competitive advantages does Danimer Scientific offer?

The company’s competitive edge lies in its innovative production technology, scalable manufacturing processes, and dual service model that combines direct biopolymer production with comprehensive toll manufacturing support, all while ensuring high quality and environmental compliance.

What industries benefit from Danimer Scientific's products?

Various sectors, including packaging, consumer goods, and industrial applications, benefit from Danimer's products as they seek sustainable and durable material alternatives to traditional plastics.

How does Danimer Scientific contribute to environmental sustainability?

By producing 100% biodegradable and compostable bioplastics from renewable feedstocks, Danimer Scientific helps reduce reliance on fossil fuels and minimizes environmental impact, supporting a shift towards more sustainable manufacturing practices.
Danimer Scientific Inc

NYSE:DNMR

DNMR Rankings

DNMR Stock Data

5.28M
2.74M
9.26%
6.35%
16.37%
Specialty Chemicals
Plastic Materials, Synth Resins & Nonvulcan Elastomers
Link
United States
BAINBRIDGE