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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
Ski wear

Quick facts: Directa Plus PLC

Price: 76.5 GBX

AIM:DCTA
Market: AIM
Market Cap: £46.8 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.

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

How it's doing

Deals and partnerships continue to flow through at a healthy pace.

The latest was a technical and commercial agreement with Italdesign, part of VW and a global leader in automotive design and engineering.

Signed for an initial nine years, teh agreement is to explore, test, and build automotive components that are enhanced by the properties of the company's proprietary graphene technology.

Applications could include car interiors, paints, and mechanical components.

Meanwhile, Directa has received a patent from the Italian Patent Office for its G+ graphene to improve the performance of rubber-based shoe outsoles.

The patent covers both the formula containing G+ and the outsole made with the formula.

What the boss says: Giulio Cesareo, CEO

"The strategy we are pursuing to gain traction and capture more value in our key vertical markets is succeeding. We hope that this will help insulate us from the worldwide economic uncertainty caused by the coronavirus”.

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Inflexion points

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

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Directa Plus to add graphene enhancement G+ to range of jeans

Giulio Cesareo, chief executive of Directa Plus Plc (LON:DCTA), tells Proactive Investors they're to add their graphene enhancement G+ to a range of jeans made by Arvind - one of India’s top textile groups. Arvind makes six million pairs of jeans every year using 100mln metres of fabric...

on 15/5/18

2 min read