What does Novomer do?
About Novomer Novomer is a leading developer of chemical conversion technology to address market needs for transformable, functional, and high carbon utility materials. Novomer’s current focus is on the development of beta-propiolactones and derivatives, using its proprietary CoEth technology.
What does Danimer scientific do?
Danimer Scientific is a pioneer in creating more sustainable, more natural ways to make plastic products. For more than a decade, our renewable and sustainable biopolymers have helped create plastic products that are biodegradable and compostable. They return to nature instead of polluting our lands and waters.
What is bio acrylic acid?
– It is a clear, colourless, corrosive liquid with a characteristic acrid or tart smell. – Other names: prop-2-enoic acid. Applications. – Formation of homopolymers or copolymers which are used in the manufacture of various adhesives, coatings, diapers, detergents, paints, plastics and textiles.
Is Danimer scientific legit?
Danimer Scientific, Inc. is a Georgia, United States-based biopolymer manufacturer that currently has a $1.5 billion market capitalization. Since the beginning of the year, DNMR delivered a -69.16% return, while its 12-month gains are down by -25.78%. As of May 07, 2021, the stock closed at $17.45 per share.
Who owns Danimer scientific?
Meredian Holdings Group, Inc.
BAINBRIDGE, GA and GREAT FALLS, VA – December 29, 2020 – Meredian Holdings Group, Inc., doing business as Danimer Scientific (“Legacy Danimer”), a next generation bioplastics company focused on the development and production of biodegradable materials, and Danimer Scientific, Inc. (f/k/a Live Oak Acquisition Corp.
Is acrylic acid toxic?
Based on animal studies, acrylic acid is considered harmful if swallowed or inhaled. Swallowing can result in severe gastrointestinal irritation or ulceration and burns of the mouth and throat. Skin contact can result in skin irritation or burns.
Should I invest in Danimer scientific?
The consensus among Wall Street analysts is that investors should “buy” Danimer Scientific stock.
Where is Danimer scientific located?
Bainbridge, Georgia
Danimer Scientific, formerly known as Meredian Holdings Group Inc. and MHG, is a biopolymer manufacturer headquartered in Bainbridge, Georgia. U.S.
Will Danimer stock go up?
Danimer Scientific Inc (NYSE:DNMR) The 3 analysts offering 12-month price forecasts for Danimer Scientific Inc have a median target of 8.00, with a high estimate of 12.00 and a low estimate of 7.50. The median estimate represents a +67.89% increase from the last price of 4.76.
Should I sell Danimer?
2 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for Danimer Scientific in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should “buy” Danimer Scientific stock.
Is Danimer scientific profitable?
Danimer Scientific Inc’s trailing 12-month revenue is $60.3 million with a 13.7% profit margin. Year-over-year quarterly sales growth most recently was 11.4%.
Why choose Novomer’s acrylic acid technology?
This route to acrylic acid presents a unique technology position, allowing Novomer’s potential facilities to operate simultaneously in the bio-based as well as petrochemical-based sectors.
Is Novomer’s biopolymer technology biodegradable?
Phillip Van Trump, Chief Science and Technology Officer of Danimer, added, “Novomer has proven its technology in pilot applications and we have validated the biodegradability of Novomer’s biopolymers through rigorous assessment and third-party testing.
Where can I find information about Novomer?
For more information, visit www.DanimerScientific.com. Novomer is a leading developer of chemical conversion technology to address market needs for transformable, functional, and high carbon utility materials. Novomer’s current focus is on the development of beta-propiolactones and derivatives, using its proprietary CoEth technology.
What is the bio-based acrylic acid industry?
A defining characteristic of the bio-based acrylic acid industry is the level of fragmentation amongst technology developers, each pursing different routes to acrylic acid from distinct starting materials.