REG - Directa Plus PLC - Gipave selected for Rome 2025 Jubilee project

Directa PlusAnnouncement

29/05/2024 07:00

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RNS Number : 1705Q  Directa Plus PLC  29 May 2024

29 May 2024

Directa Plus plc

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

 

Gipave contract for groundbreaking resurfacing project for Rome 2025 Jubilee

Delivering significant sustainability benefits

 

London, UK - Directa Plus (AIM: DCTA), a leader in the production of pristine
graphene nanoplatelets for use in consumer and industrial markets through a
unique and patented chemical-free process, announces that the collaboration
between Directa Plus and Iterchimica to develop and produce Gipave, a Green
Asphalt embedded with G+ graphene, has achieved another important recognition.
Gipave has been chosen for an extensive resurfacing operation in Rome, ahead
of the 2025 Jubilee.

 

Anas, the Italian public road company, has awarded the contract for a
resurfacing operation to cover c.15 kilometers of historical routes, using
Gipave technology. Gipave is enriched with Directa Plus' graphene and hard
recycled plastics, which increases a roads lifespan by up to 61% compared to
current market technologies.

 

Directa Plus' collaboration with Iterchimica demonstrates the joint commitment
to environmental sustainability by saving over 200,000 kg of bitumen and 4.5
million kg of aggregates, reducing the need for over 300 truck trips for
material transportation, and cutting down 1,110 MWh of energy consumption and
446,000 kg of CO2 emissions. The process also integrates 32,000 kg of
otherwise non-recyclable hard plastics, reinforcing the Group's commitment to
circular economy principles.

 

Giulio Cesareo, CEO of Directa Plus, commented: "Our involvement in the
Jubilee project not only underscores our innovative edge in graphene
applications but also showcases our strong commitment to sustainability. By
integrating our advanced materials into real-world applications, we are paving
the way towards more sustainable infrastructure solutions globally. We are
proud to contribute to this significant project, which aligns perfectly with
our mission to deliver environmentally friendly solutions through our advanced
graphene technology."

 

Federica Giannattasio, CEO of Iterchimica, commented: "We are proud that Anas
has chosen our Gipave technology for such a prestigious event as the Rome
Jubilee 2025. This project showcases the potential of innovative, sustainable
road solutions to make a significant impact on local and global sustainability
goals."

 

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

 

The Jubilee 2025, known as the Holy Year, will open on 24 December 2024
in Rome and will continue throughout 2025. During this year, Rome expects to
receive upwards of 35 million pilgrims. Much construction is taking place
across Rome in preparation for the festivities, which includes various
cultural events. The c 15 kilometers of significant routes being resurfaced
with Gipave in anticipation of the Jubilee include Via Trionfale, Via dei
Laghi, and Via Laurentina. For more information on the Jubilee, please visit
Jubilee 2025 (iubilaeum2025.va) (https://www.iubilaeum2025.va/en.html)

 

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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