RCS - Directa Plus PLC - US EPA Authorises Grafysorber for Use in US

Directa PlusAnnouncement

04/04/2022 07:00

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RNS Number : 0589H  Directa Plus PLC  04 April 2022

4 April 2022

 

Directa Plus plc

("Directa Plus" or the "Company")

 

US EPA Authorises Grafysorber for Use in the United States

 

Directa Plus (AIM: DCTA), a leading producer and supplier of graphene
nanoplatelets based products for use in consumer and industrial markets,
announces that it has received authorisation from the United States
Environment Protection Agency for the Company's Grafysorber® technology to be
used on any oil contamination on US territory.

 

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 - adsorbing more
than 100 times its own weight of oil-based pollutants. In addition,
Grafysorber® is sustainably produced, non-flammable and reusable, with the
adsorbed hydrocarbons recoverable.

 

The approval follows a first presentation of the technology to the California
Natural Resource Agency, the highest Californian environmental authority,
which suggested that Directa Plus undertook the authorization process with the
US Federal Environmental Protection Agency (EPA) to allow the use of
Grafysorber® in the United States.  After a full review of the information
provided by Directa Plus, the US EPA has issued an official authorization
letter stating that Grafysorber® fully meets the EPA's legal requirements and
can be used at any oil spill on US territory.

 

Commenting, Giulio Cesareo, Founder and CEO of Directa Plus, said: "The EPA
approval is the vital first step towards entering the very large US oil
decontamination market.  We believe that the benefits of using Grafysorber®
compared with competing products will generate significant interest from the
US decontamination companies we can now start approaching.  We have always
expected that this patented technology would have considerable export
potential and this authorization allows us to begin to realise that potential.
In addition, we expect to shortly be able to announce the first order of
Grafysorber® from a UK company."

 

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 (Joint Broker)                       +44 20 7496 3069
 Rick Thompson / Phil Davies

 Tavistock (Financial PR and IR)                             +44 20 7920 3150
 Simon Hudson / Heather Armstrong

 

About Directa Plus

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+®) have
multiple applications due to its properties. These G+® 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.
The Company holds the Green Economy Mark from London Stock Exchange which
recognises companies that contribute to the global green economy.

 

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