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Danimer Scientific plastics company backed by Pepsi

NYSE:DNMR   Danimer Scientific, Inc
Danimer target is to rid the world once and for all of the non-biodegradable plastics used across the food and beverage space that continue to clog up landfills and oceans.
Danimer has inked partnerships with the likes of PepsiCo ( PEP ), Nestle, and Bacardi to introduce its more sustainable plastics into their respective packaging.
Danimer began trading on the New York Stock Exchange on Thursday after merging with a blank-check company called Live Oak Acquisition (LOAK). The SPAC transaction was announced on Oct. 5, and from that point Live Oak saw its shares surge nearly 140%.

DNMR is targeting $51 million in sales this year and $2.1 million in earnings before, interest, taxes and depreciation (EBITDA). Next year, it sees sales reaching $117 million and EBITDA of $21 million. (yahoo finance).
Danimer Market Cap 2.001B