Eagle Beverage Opens State of the Art PHA Injection Molding Manufacturing Facility
Danimer Scientific, Inc. (DNMR)
Company Research
Source: Business Wire
KENT, Wash.--(BUSINESS WIRE)--Eagle Beverage, a leading manufacturer of straws made from resins utilizing Nodax® brand polyhydroxyalkanoate (PHA), has announced the opening of its first PHA Injection Molding manufacturing plant. This groundbreaking facility marks a significant milestone in the company's mission to revolutionize the single-use cutlery industry with sustainable alternatives.Eagle Beverage is proud to announce the successful commercialization of Danimer Scientifc’s proprietary resins made from Nodax PHA to manufacture single-use forks, knives, and spoons. Eagle Beverage has already begun shipping these innovative products to customers, demonstrating the immediate market readiness of its PHA-based cutlery lines."We're thrilled to bring Nodax PHA-based cutlery to the market at scale," said Aisha Kabani, Executive Vice President of Eagle Beverage. "Our new state-of-the-art manufacturing plant allows us to meet the growing demand for sustainable PHA-based single-use uten
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News
- Eagle Beverage opens manufacturing facility for PHA-based cutlery [Yahoo! Finance]Yahoo! Finance
- Biobased Polymers & Plastics (Bioplastics) Global Market 2025: Synthetic and Natural Bio-based Polymers Including PLA, PHA, bio-PE, bio-PET, bio-PA - Production Volumes and Capacities 2019-2035 [Yahoo! Finance]Yahoo! Finance
- Danimer Scientific, Inc. (NYSE: DNMR) had its price target lowered by analysts at Piper Sandler from $1.25 to $1.00. They now have a "neutral" rating on the stock.MarketBeat
- Biodegradable Polymers Market to Reach $55.2 Billion, Globally, by 2033 at 21.5% CAGR: Allied Market Research [Yahoo! Finance]Yahoo! Finance
- Danimer Scientific, Inc. (NYSE: DNMR) was downgraded by analysts at TD Cowen from a "buy" rating to a "hold" rating. They now have a $1.00 price target on the stock, down previously from $2.00.MarketBeat
DNMR
Earnings
- 8/8/24 - Beat
DNMR
Sec Filings
- 9/11/24 - Form PRE
- 8/27/24 - Form 144
- 8/8/24 - Form 424B3
- DNMR's page on the SEC website