Danimer Scientific and Ningbo launch Nodax PHA-based coated cups [Yahoo! Finance]
Danimer Scientific, Inc. (DNMR)
Company Research
Source: Yahoo! Finance
These biopolymers, made with Danimer's signature polyhydroxyalkanoate (PHA) Nodax, are designed to replace traditional polyethylene coatings in paper cups. Ningbo is now launching new cups that are coated with the Nodax PHA-based biopolymer. These cups serve as a fully repulpable replacement for conventional paper cups. The PHA biopolymer grade also aims to serve as a liquid barrier coating, enhancing the environmental credentials of disposable cups. The cups have received full certification from TÜV as home compostable and from the Biodegradable Products Institute (BPI) as commercially compostable. They have also passed the first phase of the Western Michigan University repulpability/recyclability test, marking them as repulpable cups. The process for full certification for recyclability in paper systems is underway. Ningbo's products are distributed in major grocery retailers, megastores, and quick-service restaurants worldwide. The company will produce these cups a
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DNMR
News
- Danimer Scientific, Inc. (NYSE: DNMR) had its price target lowered by analysts at TD Cowen from $40.00 to $5.50. They now have a "hold" rating on the stock.MarketBeat
- Danimer Scientific, Inc. (NYSE: DNMR) was downgraded by analysts at Piper Sandler from a "neutral" rating to an "underweight" rating. They now have a $4.00 price target on the stock, down previously from $40.00.MarketBeat
- Danimer Scientific Announces Third Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Danimer Scientific Announces Third Quarter 2024 ResultsBusiness Wire
- Danimer Scientific Announces Release Date for Third Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
DNMR
Earnings
- 11/19/24 - Beat
DNMR
Sec Filings
- 11/19/24 - Form 424B3
- 11/19/24 - Form 10-Q
- 11/19/24 - Form 8-K
- DNMR's page on the SEC website