Following the merger of Meredian Inc., the world’s largest producer of PHA and DaniMer Scientific, an international corporation focusing on the development of sustainably produced, renewable, and biodegradable materials, the companies will operate under the name of their wholly owned subsidiary Meredian Holdings Group Inc., to be branded as MHG. The name MHG consolidates the companies into a single brand identity, adding clarity and eliminating confusion.
“The unification of these two companies under MHG comes at a time when they are on the brink of commercialization and expansion,” said Paul Pereira, CEO and Executive Chairman to the Board of Directors. “It is crucial to have a strong brand identity as we move forward and operating under MHG will do that for us.”
DaniMer Scientific is a recognized leader in bioplastics technology and operates manufacturing facilities that support customers’ needs anywhere in the world. The company has established world-class research and development teams with two laboratories and a polymer development center to enable rapid response to customer needs. DaniMer has expanded from creating solely PLA to additionally being part of its sister company, Meredian Inc.’s PHA process.
Meredian is a PHA biopolymer manufacturer that produces durable, long-lasting, 100% biodegradable, and compostable bioplastics and generates no toxic waste during production. The PHA produced can be adaptable to almost every plastic product created.
The merger that happened in July provides Meredian Holdings Group Inc. with a broader range of services to clients and higher levels of efficiencies and shared resources. It puts the company in a very strong position with revenue profits as they move forward in the bioplastics industry and continue to ramp up production capacity.
Along with the name change, the company has adopted a new corporate identity, including a new logo and website. The changes are effective immediately and all future activities relating to the companies will be undertaken with the new name.
