Acquisition underscores Teknor's continued commitment to building sustainable solutions through material science innovation
PAWTUCKET, RHODE ISLAND / ACCESS Newswire / June 10, 2025 / Teknor Apex, a global leader in plastic material science solutions, is pleased to announce the acquisition of Danimer Scientific ("Danimer"), a leading bioplastics company focused on the development and production of biodegradable materials. This strategic move brings together two industry pioneers united by a shared vision for a more sustainable future. Headquartered in Bainbridge, Georgia, USA, Danimer operates two facilities with over 200,000 total square feet of world-class laboratories, manufacturing facilities, and testing space.
For more than a decade, Danimer's renewable and sustainable biopolymers have helped create biodegradable and compostable plastic products. Applications for its biopolymers include additives, aqueous coatings, fibers, films, hot-melt adhesives, and injection-molded articles for single-use, everyday products such as straws, cutlery, and packaging. The company holds more than 480 granted patents and pending patent applications in more than 20 countries for a range of manufacturing processes and biopolymer formulations. This milestone marks the next chapter in their journey - a future built on stability, innovation, and shared purpose. With Teknor Apex as its foundation for future growth, this brings strengthened confidence to the PHA market, and to Danimer's valued partners and stakeholders. Danimer will continue to operate as a separate, dedicated entity under their own name, team, and vision.
"Danimer's patented fermentation-based biopolymer manufacturing process enhances our product portfolio, allowing us to leverage opportunities in new markets with new end-market applications," said Don Wiseman, Chief Executive Officer at Teknor Apex. "The company's expertise in biopolymer resins, such as polyhydroxyalkanoates (PHAs) and polylactic acid (PLA), as well as its custom formulation know-how, makes it a valuable partner in our mission to advance environmentally responsible alternatives to conventional polymers."
"This partnership opens exciting doors to accelerate our R&D, scale our operations, and reach new customers and markets, while staying true to our core mission: replacing traditional plastics with materials the planet can embrace." Phil Van Trump, Chief Science & Technology Officer. "With the backing of Teknor Apex, we gain new resources, stability, and strategic support to grow and thrive, allowing us to continue our work to reduce plastic pollution, enable circularity, and power the next generation of sustainable products."
With this acquisition, Teknor Apex accelerates its momentum in delivering a diverse portfolio of sustainable solutions, including recycled content, bio-based materials, and climate-positive additives. This strategic move strengthens the company's mission to create verifiably circular and renewable innovations that maintain the highest standards of quality, helping customers achieve their sustainability goals and shape the future with confidence.
"Danimer is one of today's most advanced and innovative biotechnology companies," continued Wiseman. "We look forward to partnering with a team that shares our commitment to environmental stewardship and material science innovation."
To learn more about Teknor Apex's sustainable solutions or to download the company's most recent sustainability report, visit teknorapex.com/corporate-sustainability.
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Contact Information
Andrea Siy
President, S!Y Communications, Inc.
andrea@siycommunications.com
+1 978-465-6363
SOURCE: Teknor Apex
View the original press release on ACCESS Newswire:
https://www.accessnewswire.com/newsroom/en/industrial-and-manufacturing/teknor-apex-acquires-danimer-scientific-to-further-diversify-sustainab-1038025
PAWTUCKET, RHODE ISLAND / ACCESS Newswire / June 10, 2025 / Teknor Apex, a global leader in plastic material science solutions, is pleased to announce the acquisition of Danimer Scientific ("Danimer"), a leading bioplastics company focused on the development and production of biodegradable materials. This strategic move brings together two industry pioneers united by a shared vision for a more sustainable future. Headquartered in Bainbridge, Georgia, USA, Danimer operates two facilities with over 200,000 total square feet of world-class laboratories, manufacturing facilities, and testing space.
For more than a decade, Danimer's renewable and sustainable biopolymers have helped create biodegradable and compostable plastic products. Applications for its biopolymers include additives, aqueous coatings, fibers, films, hot-melt adhesives, and injection-molded articles for single-use, everyday products such as straws, cutlery, and packaging. The company holds more than 480 granted patents and pending patent applications in more than 20 countries for a range of manufacturing processes and biopolymer formulations. This milestone marks the next chapter in their journey - a future built on stability, innovation, and shared purpose. With Teknor Apex as its foundation for future growth, this brings strengthened confidence to the PHA market, and to Danimer's valued partners and stakeholders. Danimer will continue to operate as a separate, dedicated entity under their own name, team, and vision.
"Danimer's patented fermentation-based biopolymer manufacturing process enhances our product portfolio, allowing us to leverage opportunities in new markets with new end-market applications," said Don Wiseman, Chief Executive Officer at Teknor Apex. "The company's expertise in biopolymer resins, such as polyhydroxyalkanoates (PHAs) and polylactic acid (PLA), as well as its custom formulation know-how, makes it a valuable partner in our mission to advance environmentally responsible alternatives to conventional polymers."
"This partnership opens exciting doors to accelerate our R&D, scale our operations, and reach new customers and markets, while staying true to our core mission: replacing traditional plastics with materials the planet can embrace." Phil Van Trump, Chief Science & Technology Officer. "With the backing of Teknor Apex, we gain new resources, stability, and strategic support to grow and thrive, allowing us to continue our work to reduce plastic pollution, enable circularity, and power the next generation of sustainable products."
With this acquisition, Teknor Apex accelerates its momentum in delivering a diverse portfolio of sustainable solutions, including recycled content, bio-based materials, and climate-positive additives. This strategic move strengthens the company's mission to create verifiably circular and renewable innovations that maintain the highest standards of quality, helping customers achieve their sustainability goals and shape the future with confidence.
"Danimer is one of today's most advanced and innovative biotechnology companies," continued Wiseman. "We look forward to partnering with a team that shares our commitment to environmental stewardship and material science innovation."
To learn more about Teknor Apex's sustainable solutions or to download the company's most recent sustainability report, visit teknorapex.com/corporate-sustainability.
###
Contact Information
Andrea Siy
President, S!Y Communications, Inc.
andrea@siycommunications.com
+1 978-465-6363
SOURCE: Teknor Apex
View the original press release on ACCESS Newswire:
https://www.accessnewswire.com/newsroom/en/industrial-and-manufacturing/teknor-apex-acquires-danimer-scientific-to-further-diversify-sustainab-1038025
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