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Stock impact report

Eagle Beverage opens manufacturing facility for PHA-based cutlery [Yahoo! Finance]

Danimer Scientific, Inc. (DNMR) 
Company Research Source: Yahoo! Finance
This plant is a major advancement in the company's efforts to offer sustainable alternatives to traditional cutlery. The plant uses proprietary resins made from Nodax PHA, developed by Danimer Scientific, to produce single-use forks, knives, and spoons. Eagle Beverage has commenced shipping these products, showcasing the market readiness of its PHA-based cutlery lines. Eagle Beverage executive vice-president Aisha Kabani said: "We're thrilled to bring Nodax PHA-based cutlery to the market at scale. "Our new state-of-the-art manufacturing plant allows us to meet the growing demand for sustainable PHA-based single-use utensils while maintaining the quality and performance our customers expect." Based in Washington, US, Eagle Beverage says it is one of the first manufacturers to convert PHA-based straws globally, including the commercialisation of Starbucks PHA-based straws in North America. PHA, a material compostable in home, industrial, and marine environments, offers a s Show less Read more
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