Directa Plus PLC EU Grant Award (9266H)
09 Agosto 2021 - 1:00AM
UK Regulatory
TIDMDCTA
RNS Number : 9266H
Directa Plus PLC
09 August 2021
9 August 2021
Directa Plus plc
("Directa Plus" or the "Company")
EU Grant Award to Setcar
Directa Plus (AIM: DCTA), a leading producer and supplier of
graphene nanoplatelets based products for use in consumer and
industrial markets, announces that its environmental services
subsidiary, Setcar, has been awarded a grant for a project under
the EU's Regional Operational Program. The total financed program
is for EUR1.15m, of which EUR0.6m is non-refundable financing. The
project has a duration of two years and commences on 21 August
2021.
The Regional Operational Program aims to improve the
competitiveness of small and medium-sized enterprises by investing
in the creation and expansion of advanced production capability and
the development of services, leading to new job creation and
increased competitiveness.
The project will fund the acquisition of additional equipment
for Setcar to be used in the provision of decontamination services
for oil and other substance tanks and the provision of services for
the decontamination of soils contaminated with petroleum
products/pollutants.
The expanded services to be provided by Setcar will leverage the
use of the unique Grafysorber(R) technology that was developed and
patented by Directa Plus. Grafysorber(R) technology is a
graphene-based solution for treating water sludges and emulsions
containing hydrocarbons. It is at least five times more effective
than current technologies - adsorbing more than 100 times its own
weight of oil-based pollutants. In addition, Grafysorber(R) is
sustainably produced, non-flammable and reusable, with the adsorbed
hydrocarbons recoverable.
Commenting on the grant, Giulio Cesareo, Founder and CEO of
Directa Plus said: "I congratulate the team at Setcar for securing
this grant which will fund new plant and machinery for the
business. This will enable Setcar to further expand its waste
treatment and disposal services for hydrocarbon-based
pollutants."
For further information please visit
http://www.directa-plus.com/ or contact:
Directa Plus plc +39 02 36714458
Giulio Cesareo, CEO
Giorgio Bonfanti, CFO
Cenkos Securities plc (Nominated Adviser
and Joint Broker) +44 131 220 6939
Neil McDonald
Pete Lynch
Singer Capital (Joint Broker) +44 20 7496 3069
Rick Thompson
Phil Davies
Tavistock (Financial PR and IR) +44 20 7920 3150
Simon Hudson
Heather Armstrong
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(R) product), textiles (based on our G+(R) products)
and, more recently, lithium-sulphur batteries. In addition, we will
continue to pursue opportunities in elastomers and composites
(including tyres and asphalt), also using our G+(R) products. All
our products are hypoallergenic, non-toxic and sustainably
produced.
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