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Directa Plus pioneers graphene use as sector evolves

Snapshot

  • Italy-based firm floated on AIM in 2016
  • Incorporating graphene into textiles, pollution treatments, road surfaces and tyres
  • The "miracle material" is 200-times stronger than steel, transparent and can conduct heat and electricity
  • US billionaire Patrick Soon-Shiong has taken a 28.9% stake
Ski wear

Quick facts: Directa Plus PLC

Price: 77.5 GBX

AIM:DCTA
Market: AIM
Market Cap: £47.27 m
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What it does

Textiles

Directa Plus PLC (LON:DCTA) has signed deals with consumer brands Oakley and Bioracer, which used the company’s Graphene Plus (G+) to launch a cycling jersey in early July.

Alfredo Grassi, another customer, is one of Italy’s largest workwear suppliers while G+ will also be used to treat a range of jeans made by Arvind, one of India’s top textile groups.

Composites: Road durability

Directa has just published trial results from the world’s first road to be resurfaced with a supermodifier containing graphene.

Ecopave, which is based on Directa’s Graphene Plus graphene product, has been laid on a section of Rome’s Strada Provinciale Ardeatina.

Directa has developed Ecopave with Iterchimica, an Italian-based maker of products that enhance asphalt performance.

In November, the pair announced a trial for Ecopave on a road in Oxfordshire.

Transport, oil and gas

Directa is working with Marangoni – one of Italy’s leading re-tread companies – to produce better performing tyres for commercial buses and lorries.

The company believes the G+ compound will increase grip, durability and fuel efficiency as well as extend the life of a tyre.

Vittoria was the first manufacturer to use Directa’s products, firstly in a carbon fibre wheel, and then in “intelligent” bicycle tyres.

These stay very hard when rolling, but soft when braking, and were used at the Rio Olympics, where cyclists won four medals using them.

Grafysorber 

In the oil and gas sector, the firm has joined forces with Italian firm Sartec to develop a commercial-scale industrial system using its graphene-based Grafysorber product for treating oil-contaminated produced water.

The agreement follows initial joint research over the last eight months during which extensive tests on the Grafysorber product were successfully carried out.

Since the agreement, the first phase of industrial field testing of Grafysorber has been completed.

The test was to remove petroleum hydrocarbons from the water produced as a by-product from oil and gas wells so that it can be reused.

Romanian group OMV Petrom said the quality of water improved using Grafysorber.

In July, Directa Plus landed a contract to treat and recover crude oil from producing wells onshore Europe.

The six-month, €150,000 contract is to supply services and the use of the company’s Grafysorber to treat several thousand cubic meters of sludges and by-products.

Directa Plus will provide a full service to the Grafysorber customer, an international oil and gas company, via a mobile treatment unit and it will operate the recovery process.

in September, Directa bought a majority stake in oil services partner, Romanian firm Setcar.

Total consideration for the deal is €4.1mln, with Directa Plus chipping in 51%, which is pro-rata to its stake once the acquisition completes.

It is buying Setcar jointly with GVC, a company whose owner supplies offshore oil rigs in Romania, Turkey, Greece and Mexico.

What the boss says: Giulio Cesareo, CEO

"Just as we are seeking to do in textiles, we are now proposing to take more control of the environmental supply chain to capture maximum value from the commercial offering made possible by our Grafysorber technology."

Video

 

Inflexion points

  • Directa has been awarded US patent for its non-chemical graphene process
  • Company has confirmed Ecopave trial in UK
  • A solution for a new type of shoe sole is also being tested 
  • Billionaire Patrick Soon-Shiong has taken a 28.9% stake

Blue sky

Graphene establishes itself as a key component in many industries

Graysorber and Ecopave and G+ all used widely

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Full interview: Directa Plus PLC testing its enhanced asphalt in Oxfordshire

Graphene specialist Directa Plus PLC's (LON:DCTA) Giulio Cesareo speaks to Proactive London's Andrew Scott after announcing they're testing its enhanced asphalt on a section of road in Oxfordshire.  The trial involves the refurbishment of the two upper layers of a 750m long section of...

1 week, 2 days ago

3 min read