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Directa Plus PLC - Technology Innovation Award from Frost & Sullivan

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/ 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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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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Quick facts: Directa Plus PLC

Price: 72

Market: AIM
Market Cap: £44.05 m
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