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Directa Plus PLC - EU Grant for Eco-friendly G+ Printing Technology

RNS Number : 9315A
Directa Plus PLC
27 January 2020
 

27 January 2020

 

Directa Plus plc

("Directa Plus" or the "Company")

 

EU Grant to Develop Eco-friendly G+ Graphene Printing Technology

 

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 grant for a project to develop an environmentally sustainable technology to digitally print its G+ graphene product on fabrics.

 

The GREEN.TEX project partners are Directa Plus, EFI Reggiani, the Italian subsidiary of global digital printing group Electronics For Imaging, Inc. (EFI), and IBS Consulting Group. The project will last for an initial period of 24 months and has a total value of some €1 million, of which Directa Plus will invest €240,000 and receive a grant of €100,000.

 

GREEN.TEX is aimed at reducing the environmental impact of printing graphene on fabric through the use of an advanced material. The goal is to develop an innovative digital printing process using water-based graphene ink. Using digital equipment will significantly reduce the environmental impact, particularly with regards to water and energy consumption and chemical waste production.  The research will be mainly focused on ecologically friendly fabrics, such as natural fabrics and synthetic fabrics obtained from recycling processes.

 

The partners will work to develop the components and processes needed to print (using inkjet systems) G+ graphene onto fabrics for the textile market (apparel, upholstery, technical markets), with each partner contributing in their own specialist fields:

·     Directa Plus will develop a suitable grade of G+ for this application;

·     EFI Reggiani will develop a specific ink and printing equipment to print G+ ink;

·     IBS will support the team in identifying and supplying various substrate and fabrics onto which G+ ink will be printed.

 

Successful development of the printing technology will allow fabrics to be enhanced in a number of different ways - improved thermal and electrical conductivity, and the introduction of a bacteriostatic effect.

 

Digital printing will represent an important step forward from traditional rotary screen printing. It offers superior flexibility of production, such as the possibility to print small batches of fabrics without significant set-up costs, and similarly, the ability to change the printed pattern very quickly.

 

In addition, the technology offers the potential to improve the sustainability of the technology as digital printing is likely to require a lower amount of water during the process as well as a much lower waste of materials.

 

Commenting, Giulio Cesareo, Founder and CEO of Directa Plus, said:

"We are delighted to be working with industrial partners at the forefront of their fields, to jointly develop applications and technology for graphene enhanced fabrics.

 

"Directa Plus' strategy in each of our industrial verticals is to capture as much value as possible from the supply chain, by working with established partners to develop processes that we can bring to market worldwide. This partnership will advance this strategy in our key textiles vertical.

 

"G+ enhanced garments offer clear, measurable advantages to end users in a wide variety of fields, from high performance sports, to armed forces and emergency services personnel, to manual workers in both hot and cold climates."

 

ENDS

 

For further information please visit 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, Barney Hayward, 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.

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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