Danimer Scientific: PHA bioplastic pioneer goes public on NYSE as long-term demand surges
06 Jan 2021 | Danimer Scientific
PackagingInsights sits down with Stephen Croskrey, Danimer Scientific CEO, after the PHA bioplastic leader lists on the New York Stock Exchange. The company’s signature polymer, Nodax PHA, is a 100 percent biodegradable and renewable bioplastic produced using canola oil as a primary feedstock. It is also the first PHA polymer certified as marine degradable. Danimer Scientific is currently producing Nodax at commercial scale from its facility in Winchester, Kentucky, US, and partnering with key manufacturers such as PepsiCo, Nestlé, Bacardi and Columbia Packaging as they introduce biodegradable alternatives to straws, food and beverage containers and flexible packaging. Croskrey outlines how Danimer Scientific is sold out of all production and planning to use its increased capital to significantly increase production to meet its customer’s long-term demand.
