Danimer Scientific Appoints Stephen Martin as Chief Legal Officer and Corporate Secretary
September 20, 2022 at 01:30 pm
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Danimer Scientific, Inc. announced it has appointed Stephen Martin as Chief Legal Officer and Corporate Secretary. In this role, Martin will manage a wide range of legal matters across the company as Danimer continues to expand its manufacturing capacity to meet demand in the fast-growing bioplastics market.
Martin joins Danimer from Kaman Distribution Group, a leading national distributor of highly engineered products and services, where he had served as General Counsel and Corporate Secretary from 2020 until that company's successful sale earlier this year. Before that, he was General Counsel and Corporate Secretary for Accuride Corporation, a vehicle components manufacturer, starting in 2008. Martin served as an officer in the Air Force from 1992 to 1998, managing the procurement of avionics systems for the Atlas Launch Vehicle system and serving on a satellite command and control squadron responsible for operating a constellation of satellites. He is a distinguished graduate of Squadron Officer School. Martin received his Juris Doctor from Duke University School of Law in 2001, graduating cum laude. He received his master's from the University of Southern California and his bachelor's degree from the University of Miami, both in electrical engineering.
Danimer Scientific, Inc. is a performance polymer company. The Company specializes in bioplastic replacements for traditional petroleum-based plastics. Its technologies include Polyhydroxyalkanoate (PHA)-based Resins, Polylactic acid (PLA)-based Resins and Rinnovo. It harvests the PHA from the bacteria, then purifies and filters the bioplastic before forming the non-formulated PHA into pellets. Its PHA is a naturally occurring bioplastic that effectively biodegrades in both anaerobic environments, such as a waste treatment facility, and aerobic environments. It sells the PHA under its proprietary Nodax brand name. PLA is made from dextrose derived from corn, sugar beets and sugar cane, among other sources. Applications for biopolymers include additives, aqueous coatings, fibers, filaments, films, thermoforming, and injection-molded articles. The Company primarily markets its products to consumer packaging brand owners, converters and manufacturers in the plastics industry.