Directa-Plus Awarded Technology Innovation Award from Frost & Sullivan

The Technology Innovation Award from Frost & Sullivan has been awarded to Directa Plus, a leading producer and supplier of graphene nanoplatelets based products for use in consumer and industrial markets. Frost & Sullivan announced that the Company has received a Technology Innovation Award 2020 for its graphene based Grafysorber® technology for treating waters and sludges contaminated by hydrocarbons.

In the report, ‘Graphene for the Environmental Remediation Industry’, the authors point out that “the technology is a remarkable step toward attaining sustainable and cost-effective environmental remediation.” Grafysorber® is sustainably produced, non-flammable and reusable, with the adsorbed hydrocarbons recoverable. The report continues, “Frost & Sullivan research indicates that Directa Plus’s Grafysorber® is an environmentally friendly solution that addresses issues related to contaminants and organic pollutants and provides a quality answer for onshore and offshore emergency situations.

In addition, Grafysorber® ’s technological features, such as reusability and recyclability of the adsorbed oil, will make it a viable and sustainable solution for mass adoption in the next years.” Grafysorber® technology can be applied to the treatment of hydrocarbon/oil polluted water generated in a wide range of industrial processes, from mechanical industry to condensate water produced from air compressors to the treatment water used for storage tank cleaning both onshore and offshore.

John Weathersby, CEO of the National Graphene 2D Association acknowledged the award winning work.

“It is great to work with Directa-Plus. They continue to push the envelope with innovation and address current challenges with graphene technology,” Weathersby said.

Directa Plus, via its subsidiary Setcar S.A., is already providing the Grafysorber® decontamination service to a number of European based oil and gas companies. Commenting, Giulio Cesareo, Founder and CEO of Directa Plus, said: “Following on from the grant of an EU patent for Grafysorber, this award from a worldwide organization is another welcome endorsement of the significant potential of our G+® technology. We now provide a full decontamination service in the very large oil and gas sector through our acquisition last year of a majority interest in Setcar S.A. This offer, together with the potential to license the technology, means we are generating more and more traction for our environmental remediation services.”

For further information please visit http://www.directa-plus.com/ or contact: Directa Plus plc +39 02 36714458 Giulio Cesareo, CEO Marco Ferrari,

CFO Cantor Fitzgerald Europe (Nominated Adviser and Joint Broker) +44 20 7894 7000 Rick Thompson, Philip Davies, Will Goode(Corporate Finance) Caspar Shand Kydd (Sales)

N+1 Singer (Joint Broker) +44 20 7496 3069 Mark Taylor, Lauren Kettle Tavistock (Financial PR and IR) +44 20 7920 3150 Simon Hudson, Edward Lee

About Directa Plus: Our focus is principally on the two sectors in which we have strong commercial advantage through developed and launched products and a technological lead: environmental (based on our Grafysorber® product) and textiles (based on our G+ products). In addition, we will continue to pursue opportunities in elastomers and composites (including tires and asphalt), also using our G+ products. All our products are hypoallergenic, non-toxic and sustainably produced.

SOURCE: Directa-Plus Press Release

The National Graphene2D Association (NGA2D) is the leading organization promoting the commercialization of graphene and graphene-like 2D materials in the United States.  NGA2D members represent commercial graphene development, production, manufacturing and investment stakeholders as well as academic research institutions. For additional information visit www.nga2d.com