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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: 63 GBX

AIM:DCTA
Market: AIM
Market Cap: £38.43 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. 

Directa Plus is also part of a €1mln EU-sponsored initiative to develop a digital printing method for textiles using graphene.

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.

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

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.

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

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

In February 2020, Setccar won a €5mln contract for Grafysorber with GSP Offshore, part of the Romanian oil services group GSP and worth €5mln over a seven-year period.

Composites: Road durability

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

In November, the pair announced a trial on a road in Oxfordshire, while in January a trial got underway at Rome’s Fiumicino airport.

Gipave will be tested for six months on the airport’s Alpha Alpha taxiway, which handles intercontinental aircraft such as Boeing 777s and Airbus A380s.

What the boss says: Giulio Cesareo, CEO

 "The Gipave trial at Fiumicino airport potentially opens a large new market for us. 

"Taxiways are high traffic, high-stress areas and we hope to demonstrate that the use of a graphene-based additive will improve performance, life and sustainability." 

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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Watch

Directa Plus puts foot on the gas as commercial traction builds

Directa Plus PLC (LON:DCTA) CEO Giulio Cesareo speaks to Proactive London's Andrew Scott following the release of their 2018 results. The graphene product specialist more than doubled annual revenues as its commercial partnerships began generating orders. Total income in 2018 rose to...

on 17/4/19

2 min read