
Teknor Apex Acquires Bioplastics Leader Danimer Scientific
Key highlights
- Teknor Apex acquires leading bioplastics innovator Danimer Scientific
- Danimer’s expertise in PHAs and PLAs enhances Teknor Apex’s portfolio
- Acquisition strengthens Teknor Apex’s position in sustainable materials
- Danimer will operate independently under its existing brand
- Combined focus on advancing circular, biodegradable plastic solutions
Notable Quotes
“ 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. Danimer is one of today's most advanced and innovative biotechnology companies. We look forward to partnering with a team that shares our commitment to environmental stewardship and material science innovation. ”
Don Wiseman, Chief Executive Officer at Teknor Apex
“ 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 at Danimer Scientific
Why This Matters
This acquisition marks a significant milestone in the global push for sustainable plastic alternatives. By bringing together Teknor Apex’s leadership in plastic material science and Danimer Scientific’s pioneering work in biodegradable biopolymers, the move is poised to accelerate advancements in eco-friendly materials. The partnership underscores a growing industry trend towards circular economy solutions and responds to increasing global demand for biodegradable, compostable plastics across sectors such as packaging, consumer goods, and single-use products.
With Danimer continuing as an independent entity under the Teknor Apex umbrella, the combined expertise and resources will drive innovation, enhance market reach, and provide customers with environmentally responsible polymer options. This strategic alignment supports both companies' missions to combat plastic pollution and enable sustainable product development on a global scale.