RCS - Directa Plus PLC - GiPave® installed at Imola Circuit

Directa PlusAnnouncement

12/04/2024 07:00

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RNS Number : 3619K  Directa Plus PLC  12 April 2024

RNS Reach

12 April 2024

Directa Plus plc

("Directa Plus", the "Group" or the "Company")

 

GiPave® installed at Imola Circuit ahead of Emilia-Romagna Grand Prix

 

Directa Plus (AIM: DCTA) a leading producer and supplier of graphene
nanoplatelets based products for use in consumer and industrial markets, is
pleased to announce the installation of GiPave® at the Imola Circuit ahead of
the upcoming Emilia-Romagna Grand Prix in May 2024 as part of the Formula 1
World Championship, making it the first circuit to feature green, sustainable
and high-tech asphalt utilising graphene and recycled plastics.

 

GiPave® was developed by Iterchimica and resulted from a multi-year research
programme conducted in collaboration with G.Eco of the A2A Group, the
University of Milano-Bicocca, and Directa Plus. The product uses graphene
supplied by Directa Plus alongside hard-to-recycle plastics, such as certain
types of toys, fruit crates, and old CD cases that would not normally be
recycled. The asphalt containing GiPave® can itself be entirely recycled,
further reducing waste and the need for new materials.

 

The access road paving to the paddocks at Imola, which experiences the highest
volume of heavy vehicles and people at race events, has been resurfaced with
GiPave®, guaranteeing higher performance in terms of resistance and
durability, extending the pavement's life beyond the best technologies
currently available on the market and significantly reducing environmental
impacts thanks to lower maintenance requirements.

 

The use of GiPave® also reduces energy and raw materials consumption. Over
the useful life of the pavement, the installation of GiPave® is expected to
result in savings including more than 78,000 kg of bitumen, 1.623 million kg
of aggregates (equivalent to the weight of 955 cars), about 115 truck trips
for transporting materials, over 1,182,125 kWh of energy (equal to the monthly
needs of approximately 5,254 families), and 74,000 kg of CO2eq (equivalent to
the absorption capacity of about 3,000 adult trees in a year). In addition,
3,700 kg of selected hard recycled plastics have been recovered and
repurposed.

 

Giulio Cesareo, CEO of Directa Plus, commented: "I am thrilled to see that the
Imola Circuit is now the first in the world to implement an innovative, green
asphalt solution incorporating our Graphene Plus®, thanks to our partnership
with Iterchimica. This project underlines the limitless applications of
Gipave-from bridges and motorways to airports and now race tracks. The
outstanding properties of Graphene Plus continue to pave the way for more
sustainable infrastructure globally.

"Iterchimica and Directa Plus are pushing the boundaries of technology and
sustainability and we are delighted to be collaborating with the Group with
which we with share the same goal to build a greener future."

 

For further information, please contact:

 

 Directa Plus plc                                                        +39 02 36714458
 Giulio Cesareo, CEO
 Giorgio Bonfanti, CFO

 Cavendish Capital Markets Limited (Nominated Adviser and Joint Broker)  +44 131 220 6939
 Neil McDonald
 Adam Rae

 Singer Capital Markets Securities Limited (Joint Broker)                +44 20 7496 3069
 Rick Thompson
 Phil Davies

 Alma Strategic Communications (Financial PR Adviser)                    +44 20 3405 0205
 Justine James                                                           directaplus@almastrategic.com
 Hannah Campbell
 Kinvara Verdon

 

 

Notes to Editors

 

Directa Plus (www.directa-plus.com) is one of the largest producers and
suppliers of graphene-based products for use in consumer and industrial
markets. The Company's graphene manufacturing capability uses proprietary
patented technology based on a plasma super expansion process. Starting from
natural graphite, each step of Directa Plus' production process - expansion,
exfoliation and drying - creates graphene-based materials and hybrid graphene
materials ready for a variety of uses and available in various forms such as
powder, liquid and paste.

 

This proprietary production process uses a physical process, rather than a
chemical process, to process graphite into pristine graphene nanoplatelets,
which enables Directa Plus to offer a sustainable, non-toxic product, without
unwanted by-products.

 

Directa Plus' products are made of hybrid graphene materials and graphene
nano-platelets. The products (marketed as G+(R)) have multiple applications
due to its properties. These G+(R) products can be categorised into various
families, with different products being suitable for specific practical
applications.

 

Directa Plus was established in 2005 and is based in Lomazzo (Como, Italy) and
has been listed on the AIM market of the London Stock Exchange since May 2016.
Directa Plus holds the Green Economy Mark from London Stock Exchange which
recognises companies that contribute to the global green economy.

 

 

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