Teknor Apex acquires bioplastics producer Danimer Scientific

After filing for chapter 11 bankruptcy in March, 2025, U.S.-based bioplastics producer Danimer Scientific found a buyer. Teknor Apex has just announced the acquisition of Danimer who will continue to operate as a separate, dedicated entity under their own name.

Danimer has been developing and producing biopolymers for more than a decade. Applications for these 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.

Danimer operates two facilities and holds more than 480 granted patents and pending patent applications in more than 20 countries for a range of manufacturing processes and biopolymer formulations.

Danimer operates two facilities with over 200,000 total square feet of laboratories, manufacturing facilities, and testing space.

“Danimer’s patented fermentation-based biopolymer manufacturing process enhances our product portfolio,” 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.”

““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,” said Phil Van Trump, Chief Science & Technology Officer.

With this strategic acquisition, Teknor Apex accelerates its momentum in delivering a diverse portfolio of sustainable solutions, including recycled content, bio-based materials, and climate-positive additives.