BAINBRIDGE – Danimer Scientific is to acquire Novomer, a leading developer of conversion technology providing transformable, functional and low net carbon inputs into the production of PHA-based resins and other biodegradable materials, for $152 million.
PHA (polyhydroxyalkanoate) is a bio-based and biodegradable aliphatic polyester made by the bacterial fermentation of renewable biomass, such as vegetable oils, sugars etc.
