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Directa Plus PLC

Directa Plus pioneers graphene use as sector evolves

Snapshot

Graphene has been dubbed a “miracle” material, being around 200-times stronger than steel, transparent and able efficiently to conduct heat and electricity

Ski wear

Quick facts: Directa Plus PLC

Price: £0.82

Market: AIM
Market Cap: £41.66 m
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  • Italy-based firm floated on AIM in 2016

  • Company is incorporating graphene into textiles, pollution treatments, road surfaces and tyres

  • Graphene has been dubbed a “miracle” material, being around 200-times stronger than steel, transparent and able efficiently to conduct heat and electricity

  • Billionaire Patrick Soon-Shiong has taken a 20% stake

 

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 April, the partners confirmed the trial would be extended after a substantial improvement in road surface wear and tear.

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.

 

What the boss says: Giulio Cesareo, CEO

Cesareo hopes theGrafysorber contract will be extended beyond the original six-month period and be the basis for other contracts.

Graysorber separates water and oil from the pollutants and is a unique product.

 

Video

 

Inflexion points

  • Full year results confirm sales picking up

  • Revenues from raft of commercial deals starts to come through

  • More deals signed

  • Directa has been awarded US patent for its non-chemcial graphene process

  • Company is hopeful of Ecopave trial on a UK road before end of this year

  • A solution for a new type of shoe sole is also being tested 

 

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

3 min read