JFXL2
3 년 전
Just an FYI, wait until the $250,000,000 investment in the new plant in Bainbridge, GA comes on-line. That would make two manufacturing plants to provide the goods their list of prominent customers will be using in their packaging products. Nestlé, PepsiCo, Mars Wrigley, Bacardi, etc. and some lessor know names who produce food packaging for the-on-go goodies such as drink cups, straws, etc.
[url][/url][tag]https://danimerscientific.com/recommended-reading/
This is a long term play
profit227
3 년 전
That was a very informative news release. This company is reinvesting its profits for massive growth. Its a world leader in its field .
I remember when amazon , being a world leader in its field, kept reinvesting
profits and kept trying new ideas/ ventures to the point of driving investors to pull there hair out...lol...when they finally had a big enough base they had so much money coming in , that they showed amazing profits and continue ...and the stock went ballistic...
Fast forward to dnmr...they are at a strong beginning point to achieve world domination...it may take 10 years to build as large as they want to...but investors are watching and will buy, buy, buy..at present its early and the price is cheap...lay back and patiently wait. just my opinion .
JFXL2
4 년 전
Danimer Scientific Receives Grant From United Soybean Board To Expand Research Of High-Oleic Soybean Oil In Biodegradable Plastic Production
8:06 am ET September 8, 2021 (Benzinga) Print
Danimer Scientific, Inc. (NYSE:DNMR) ("Danimer" or the "Company"), a leading next generation bioplastics company focused on the development and production of biodegradable materials, today announced it has received a $400,000 grant from the United Soybean Board to expand the Company's evaluation of high-oleic soybean oil (HOSO) as a feedstock in the production of polyhydroxyalkanoate (PHA), a sustainable biopolymer that serves as a biodegradable alternative to traditional plastic.
The grant marks the continuation of Danimer's collaboration with the United Soybean Board after the successful completion of a one-year project to develop a practical model for using HOSO as a feedstock in manufacturing Nodax®, Danimer's signature PHA, which is used to create a wide variety of products, including straws, bottles, and flexible film packaging. The second year of the project will focus on scaling up the use of HOSO on a commercial level.
"HOSO is readily available material in the United States, likely making it a viable and cost-effective feedstock in the production of Nodax®," said Phil Van Trump, Chief Science and Technology Officer of Danimer. "We are pleased with the results of our first year collaborating with the United Soybean Board, and we thank them for their continued partnership in finding sustainable ways to meet rising demand for biodegradable products."
High-oleic soybeans are grown exclusively in the U.S., and the oil produced from the crop provides increased functionality and improved shelf life for applications across the food and manufacturing industries.
"The first year of our research has produced excellent results that show HOSO is a viable feedstock in the manufacture of Nodax®," said Carol Leggett, PhD, Director of Microbiology at Danimer. "As we continue to expand the commercial production of Nodax®, HOSO is expected to serve as a valuable tool to strengthen our supply chain and bottom line. The progress we've made to this point would not have been possible without the collaboration of the Omni Tech International, SmithBucklin, and the United Soybean Board and their farmer members."
"Our 78 volunteer farmer-directors work on behalf of all soybean farmers to achieve maximum value for their investments and increase preference for U.S. soy, so we are excited to continue working with Danimer to drive soybean innovation," said United Soybean Board farmer-director Ed Lammers.
For more information on Danimer, visit www.DanimerScientific.com.
© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reser
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