6CU.F Stock Analysis
6C
Uncovered
Danimer Scientific Inc is uncovered by Eyestock quantitative analysis.
Rating
To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.
Low score
Danimer Scientific, Inc. operates as a next generation bioplastics company. The company is headquartered in Bainbridge, Georgia and currently employs 282 full-time employees. The company went IPO on 2020-05-06. The firm is specializing in bioplastic replacements for traditional petroleum-based plastics. The firm is a producer of polyhydroxyalkanoate (PHA), a biodegradable plastic feedstock alternative, which the Company sells under its brand name Nodax. Nodax is harvested from the PHA from the bacteria, then purify and filter the bioplastic before forming the PHA into pellets. The Company’s PHA-based is a naturally occurring bioplastic that effectively biodegrades in both anaerobic environments, and aerobic environments. Its PLA-based Resins are made from dextrose derived from corn, sugar beets, and sugar cane. The firm markets its products to consumer packaging brand owners, converters, and manufacturers in the plastics industry. The company is used in a variety of plastic applications including additives, aqueous coatings, fibers, filaments, films, thermoforming, and injection-molded articles.