Polyhydroxybutyrate

Danimer Scientific Receives Innovation Research Grant to Support Biodegradable Plastic Solutions

Retrieved on: 
Tuesday, May 11, 2021

b"Danimer Scientific (NYSE: DNMR), a leading developer and manufacturer of biodegradable materials, today announced it has received a Small Business Innovation Research (SBIR) grant to research pennycress oil as a potential feedstock material for producing polyhydroxyalkanoate (PHA), a biodegradable, eco-friendly alternative to traditional plastic.\nThis press release features multimedia.

Key Points: 
  • b"Danimer Scientific (NYSE: DNMR), a leading developer and manufacturer of biodegradable materials, today announced it has received a Small Business Innovation Research (SBIR) grant to research pennycress oil as a potential feedstock material for producing polyhydroxyalkanoate (PHA), a biodegradable, eco-friendly alternative to traditional plastic.\nThis press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20210511005296/en/\nDanimer Scientific and the University of Minnesota's Forever Green Initiative will research pennycress oil as a potential feedstock material for producing polyhydroxyalkanoate (PHA), a biodegradable, eco-friendly alternative to traditional plastic.
  • (Photo: Business Wire)\nDanimer Scientific will partner with the University of Minnesota\xe2\x80\x99s Forever Green Initiative starting in July 2021 to research the potential for using pennycress oil in producing the company\xe2\x80\x99s Nodax\xc2\xae biodegradable solution.
  • All of Danimer Scientific\xe2\x80\x99s biopolymers, including Nodax\xc2\xae, are FDA approved for food contact.\nFor more information about Danimer Scientific, please visit: www.DanimerScientific.com .

RWDC Industries Raises US $133 Million In Series B Funding Round

Retrieved on: 
Tuesday, May 5, 2020

ATHENS, Ga. and SINGAPORE, May 5, 2020 /PRNewswire/ --RWDC Industries Limited, a Singapore-based biotech start-up providing a solution to the world's single-use plastic crisis, announced today the closing of a US$133 million two-stage Series B funding round.

Key Points: 
  • ATHENS, Ga. and SINGAPORE, May 5, 2020 /PRNewswire/ --RWDC Industries Limited, a Singapore-based biotech start-up providing a solution to the world's single-use plastic crisis, announced today the closing of a US$133 million two-stage Series B funding round.
  • Co-founded by CEO Dr. Daniel Carraway and Executive Chairman Roland Wee, RWDC develops innovative and cost-effective biopolymer material solutions including, polyhydroxyalkanoates or PHAs.
  • In 2018, RWDC's proposal to use PHA to start replacing single-use plastics won the inaugural Liveability Challenge, presented by Temasek Foundation.
  • RWDC will use the funding to meet growing demand for PHA, including by expanding the company's production capacity with a new facility in Athens, Georgia.

The Global Bio-Based Polymers Market size is expected to reach $9.6 billion by 2025, rising at a market growth of 6.6% CAGR during the forecast period

Retrieved on: 
Wednesday, September 18, 2019

NEW YORK, Sept. 18, 2019 /PRNewswire/ -- The Global Bio-Based Polymers Market size is expected to reach $9.6 billion by 2025, rising at a market growth of 6.6% CAGR during the forecast period.

Key Points: 
  • NEW YORK, Sept. 18, 2019 /PRNewswire/ -- The Global Bio-Based Polymers Market size is expected to reach $9.6 billion by 2025, rising at a market growth of 6.6% CAGR during the forecast period.
  • Bio-based polymers can be either biodegradable (for example, polylactic acid) or non-degradable (for example, biopolyhethylene).
  • The recent competitive growth of PHA, a large family of different polymers, can be seen in bio-based polyhydroxyalkanoates.
  • The growth of the bio-based polymer market is anticipated to further stimulate dynamic textile production as well as consumption in Asian countries.