Ningbo Homelink Eco-iTech and Danimer Scientific Announce Commercial Launch of Home Compostable Extrusion Coating Biopolymer Based on PHA
Danimer Scientific, Inc. (DNMR)
Company Research
Source: Business Wire
Home compostable extrusion coating biopolymer used as liquid barrier for paper hot and cold drink cups. BAINBRIDGE, Ga.--(BUSINESS WIRE)--Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer”), a leading, next-generation biotechnology company focused on the production of biodegradable materials, and Ningbo Homelink Eco-iTech Co. Ltd. (“Homelink”), a leading manufacturer of disposable tableware, have announced commercial launch of home compostable extrusion coating biopolymers made with Danimer’s signature polyhydroxyalkanoate (PHA), Nodax®. Homelink’s cups, coated with Nodax® PHA-based biopolymer, will offer their customers a home and industrially compostable, and fully repulpable alternative to traditional paper cups. The PHA biopolymer grade is designed to replace polyethylene and be used as a liquid barrier coating for paper cups.The Homelink PHA lined cups have been fully certified by TÜV as home compostable, by BPI as commercially compostable, and have passed the first phase of the
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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