Directa Plus granted patent for new graphene textile membrane
The membrane will be initially targeted at the apparel market, with future uses expected to include smart textile and electronic applications
Company
LON:DCTA
Directa Plus PLC is one of the largest producers and suppliers worldwide of graphene nanoplatelets-based products for use in consumer and industrial markets. The company's graphene nanoplatelets-based products are natural, chemical-free and sustainably produced. The Directa Plus production process is designed to meet large supply chains' requirements for volume, cost and quality control.
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The membrane will be initially targeted at the apparel market, with future uses expected to include smart textile and electronic applications
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The company announced the grant of a patent by the United States Patent and Trademark Office, relating to the company's technology to produce a water-based dispersion of pristine graphene nanoplatelets.
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The Footsie finished down nearly six points at 7,603
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Directa said its sustainability was already proving attractive to US companies
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“2019 has started well for us with our strategy continuing to deliver and we expect to make good progress in all of our key vertical markets”
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Britain's blue-chip benchmark closed up nearly 86 points at 7,443, while the FTSE 250 added over 154 points at 19,311
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Aside from FTSE 100-listed Ashtead's latest news, the Day Ahead will also bring updates from mid-cap firms Telecom Plus and Safestore
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The corporate diary is fairly sparse, but there are some bright spots, notably updates from refocused blue chip hotels group Whitbread and housebuilder Berkeley Group
"Using our G+ product in golf balls, for both the amateur and professional game is an exciting opportunity to enter a large sporting market," said Giulio Cesareo, chief executive
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The two will focus especially on the use of graphene to enhance military outerwear
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Directa has projects ongoing to incorporate graphene into textiles, pollution treatments, tyre re-treads and road surfaces
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On Wall Street, stocks were in the red at the time of writing despite positive Chinese data and a batch of positive earnings reports
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"After the first results of the trial section that took place in Rome we are ready to trial this new technology in the United States of America, in Oman and in the United Kingdom where we expect to obtain similar results," said Federica Gia
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"We are honoured to be working with Loro Piana to incorporate Directa Plus's innovative G+ Graphene technology into some of their fabrics and garments," said Giulio Cesareo, the founder and chief executive officer of Directa Plus.
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The Industry Council brings together a select group of companies which work alongside one another to develop the global graphene market and advance the commercialisation of the ‘wonder material’
Soon-Shiong’s investment in Directa Plus means he is the third overseas billionaire in as many months to take a sizeable stake in an AIM company
After the market close, Directa Plus reported that Indaco Venture Partners SGR, Italy’s largest independent venture capital asset management firm, had sold a holding of 8.06% in the group
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Directa Plus raised £3.15mln through a share placing, while the remaining £0.30mln came via the open offer
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FTSE 250 was also down - closing around 58 points lower at 18,271
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Ambienthesis is a Milan exchange-listed reclamation and hazardous waste disposal group.
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The FTSE 250 index, though, fell around 30 points to 18,609 on the day
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The thermal shirts will be marketed through a small web promotion
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The group said the €200,000 contract was for the supply of a Grafysorber mobile production unit and a set of G+ oil adsorption barriers for use in offshore emergency situations
In addition to textiles, Directa Plus and Arvind will now work together to develop graphene-enhanced composite materials and water treatment services
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Directa’s Planar Thermal Circuit technology will be used in 10,000 workwear garments made by the unnamed Italian customer
"Global stocks have swung sharply lower, amid growing fears about the health of the Chinese economy and a slew of geopolitical concerns – UK, Italy and Saudi Arabia."
Liberum analyst Yuen Low says it is still early on in graphene’s development, but he has “no doubt” over its “wonder material” status and its potential further down the line
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Clothing and accessory brands such as Alfredo Grassi, Arvind and Oakley are developing graphene-enhanced items using Directa’s G+ technology
Brent crude is up over 3% at $81.50 a barrel at the time of writing..
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The Footsie finished up almost 48 points at 7,748, but FTSE 250 fell
The G+ Graphene Aero Jersey was unveiled at the Eurobike 2018 trade show in Germany on Monday
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Directa Plus believes it is the largest order yet, anywhere, for graphene-enhanced textiles
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The UK's premier index of leading shares closed at 7,573 - down around 20 points. FTSE 250 closed down around 12
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"We remain confident of securing future orders and delivering significant progress in full-year 2018 and beyond"
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The UK premier share index closed 2.58 points, or 0.03% to stand at 7,631
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G+ will be infused into the denim fabric to give the denim effects such as such as ‘thermal regulation, heat dissipation, energy harvesting, data transmission and no odour’.
FTSE 250 fared better though closing ahead by around 15 points at 20,800.
The news comes two days after Directa Plus announced a €130,000 graphene-enhanced luxury accessories contract
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Work has started on the accessories at Directa Plus's Advanced Development Area facility,
The pound reverses earlier losses against the euro as the spotlight remains on the Sainsbury-Asda merger
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Directa Plus believes it has the highest number of graphene-enhanced end products for purchase by its customers than any other graphene producer
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Imports in the period fell 2.1%, while exports increased 2.4%
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Marangoni is one of Italy’s leading re-tread companies producing tyres for buses and lorries.
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FTSE 100 closed around 30 points higher at 7,398 on Minday