RCS - Directa Plus PLC - Technology Innovation Award from Frost & Sullivan

Directa PlusAnnouncement

18/05/2020 07:00

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RNS Number : 1239N  Directa Plus PLC  18 May 2020

18 May 2020

 

Directa Plus plc

("Directa Plus" or the "Company")

 

Technology Innovation Award from Frost & Sullivan for Grafysorber

 

Directa Plus (AIM: DCTA), a leading producer and supplier of graphene
nanoplatelets based products for use in consumer and industrial markets,
announces that the Company has received a Technology Innovation Award 2020
from global consultants Frost & Sullivan for its graphene based
Grafysorber® technology for treating waters and sludges contaminated by
hydrocarbons.

 

In the report, 'Graphene for the Environmental Remediation Industry', the
authors point out that "the technology is a remarkable step toward attaining
sustainable and cost-effective environmental remediation."  Grafysorber® is
sustainably produced, non-flammable and reusable, with the adsorbed
hydrocarbons recoverable.

 

The report continues, "Frost & Sullivan research indicates that Directa
Plus's Grafysorber(®) is an environmentally friendly solution that addresses
issues related to contaminants and organic pollutants and provides a quality
answer for onshore and offshore emergency situations. In addition,
Grafysorber(®)'s technological features, such as reusability and
recyclability of the adsorbed oil, will make it a viable and sustainable
solution for mass adoption in the next years."

 

Grafysorber® technology can be applied to the treatment of hydrocarbon/oil
polluted water generated in a wide range of industrial processes, from
mechanical industry to condensate water produced from air compressors to the
treatment water used for storage tank cleaning both onshore and offshore.
Directa Plus, via its subsidiary Setcar S.A., is already providing the
Grafysorber® decontamination service to a number of European based oil and
gas companies.

 

Commenting, Giulio Cesareo, Founder and CEO of Directa Plus, said: "Following
on from the grant of an EU patent for Grafysorber, this award from a worldwide
organisation is another welcome endorsement of the significant potential of
our G+® technology.  We now provide a full decontamination service in the
very large oil and gas sector through our acquisition last year of a majority
interest in Setcar S.A.  This offer, together with the potential to license
the technology, means we are generating more and more traction for our
environmental remediation services. "

 

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
 Marco Ferrari, CFO

 Cantor Fitzgerald Europe (Nominated Adviser and Joint Broker)  +44 20 7894 7000
 Rick Thompson, Philip Davies, Will Goode(Corporate Finance)
 Caspar Shand Kydd (Sales)

 N+1 Singer (Joint Broker)                                      +44 20 7496 3069
 Mark Taylor, Lauren Kettle

 Tavistock (Financial PR and IR)                                +44 20 7920 3150
 Simon Hudson, Edward Lee

 

About Directa Plus

Our focus is principally on the two sectors in which we have strong commercial
advantage through developed and launched products and a technological lead:
environmental (based on our Grafysorber® product) and textiles (based on our
G+ products).  In addition, we will continue to pursue opportunities in
elastomers and composites (including tyres and asphalt), also using our G+
products.  All our products are hypoallergenic, non-toxic and sustainably
produced.

 

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