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  "documentTitle": "Danimer Scientific (DNMR)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Spruce Point Capital Management",
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  "presentationDate": "2021-04-22 00:00:00",
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  "notes": "Uses a table-like structure to categorize historical applications and conclusions about PHA technology.",
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      "text": "If P&G wanted to move on, how valuable could the technology have been?",
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      "text": "The foundation of Danimer's technology has been around for over 30 years and has yet to gain significant traction. A 2007 paper published in the Journal of Chemical Technology and Biotechnology discusses the difficulties of creating a mainstream solution. Metabolix, once considered the industry leader in the mid-2000s, has since failed. In 2007, Danimer acquired intellectual property from Procter & Gamble, who was investigating solutions to reduce the price of Nodax but ultimately stopped production in 2006. If P&G wanted to move on, how valuable could the technology have been?",
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      "text": "Although PHAs have been ‘commercial’ for well over 20 years, this niche market is weighed down by a variety of roadblocks led by high prices, lack of an industrial infrastructure, and a strong legislative mandate to deal with many of these materials. — Journal of Chemical Technology and Biotechnology",
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      "text": "Applications, BIOPOL, Nodax, Conclusions",
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      "text": "30+ Year Old Technology That Has Historically Failed",
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