RCS - Directa Plus PLC - New concept for produced water decontamination

Directa PlusAnnouncement

22/06/2023 07:00

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RNS Number : 5129D  Directa Plus PLC  22 June 2023

RNS Reach

22 June 2023

 

Directa Plus plc

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

 

Directa Plus pilots new concept for produced water decontamination using
Grafysorber®

 

Directa Plus (AIM: DCTA), a leading producer and supplier of graphene
nanoplatelets based products for use in consumer and industrial markets, has
launched a pilot for a new concept for produced water treatment using
Grafysorber®, through its subsidiary Setcar, which was showcased at the
Setcar Braila location in Romania. Produced water is water that comes out of
the well with the crude oil during crude oil production. Today produced water
is disposed without being treated however industry regulations are becoming
more stringent. This new development has the potential to open new markets for
Directa Plus' Environmental division and is in line with the Group's strategy
to adopt new technologies that can decontaminate and limit the waste of
precious elements such as a water.

 

The testing concept includes a new Romanian Grafysorber® production unit with
a produced water treatment solution that is flexible, modular, transportable,
and cost-effective. Following the successful treatment of crude oil containing
emulsion from the upstream process using Grafysorber technology, which in
2021-2022 recovered more than 11,000 tonnes of crude oil with a purity higher
than 99%, Directa Plus and Setcar have now developed a new plant design
solution for produced water treatment in a continuous flow. The aim is to
achieve a continuous (ca. 50 cubic meters/hour) flow with concentrations of up
to 300 ppm of hydrocarbons.

 

The new decontamination solution was demonstrated on a pilot scale to Romanian
local authorities and key players across the oil & gas and steel
industries at Setcar's Braila location, resulting in processed water with less
than 5 ppm total petroleum hydrocarbon content. Directa Plus is now working
with an existing major customer in Romania to transport this new solution for
treating produced water inside one of their oil production areas, starting to
operate as soon as possible, before rolling out the solution to customers
globally.

 

Directa Plus's patented Grafysorber® technology is a graphene-based solution
for treating water sludges and emulsions containing hydrocarbons and is at
least five times more effective than current technologies. In addition,
Grafysorber® is sustainably produced, non-flammable and reusable, with the
adsorbed hydrocarbons recoverable.

 

Commenting, Giulio Cesareo, Founder and CEO of Directa Plus, said: "Working
with Setcar to test a new concept for produced water treatment using
Grafysorber® is another exciting step forward for Directa Plus as it offers
the potential to open us to new market opportunities and is in line with our
environmental strategy that aims to help our customers achieve their
sustainability targets more easily, cheaply and at a faster rate. It is also a
reflection of our continued investment to improve our performance and to
broaden the range of potential applications for our Grafysorber technology, to
limit the waste of precious commodities, in this case, water."

For further information please visit http://www.directa-plus.com/
(http://www.directa-plus.com/) or contact:

 

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

 Cenkos Securities plc (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 PR (Financial PR Adviser)                              +44 20 3405 0205
 Justine James                                               directaplus@almapr.co.uk
 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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