REG - Directa Plus PLC - Contract Win

Directa PlusAnnouncement

14/04/2025 07:00

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RNS Number : 7956E  Directa Plus PLC  14 April 2025

14 April 2025

 

 

Directa Plus plc

("Directa Plus", the "Company" or the "Group")

 

Contract Win

€1.59 million contract extension agreement with OMV Petrom

 

Directa Plus (AIM: DCTA), a leading producer and supplier of graphene-based
products for use in consumer and industrial markets, announces that Setcar,
the Group's environmental subsidiary, has signed a €1.59 million contract
extension agreement with OMV Petrom, for the use of Directa Plus's patented
Grafysorber® technology to treat oil sludges, emulsions, and contaminated
water.

 

This contract extends the original framework agreement, which commenced in
2021 and generated over €1.0 million in revenues to date, and runs to 31
December 2026, ensuring the continuity of services without interruption. The
scope of the new agreement includes the treatment of up to 40,000 m³ of
sludge/emulsion, and up to 25,000 m³ of water as well as the supply of
adsorbent barriers and pillows for containment and absorption.

 

As well as supporting Directa Plus's 2025 revenue visibility and operational
scaling in the oil & gas vertical, this agreement further strengthens the
Company's position in the Eastern European environmental services market,
reaffirming its strategic relationship with a major energy operator in the
region.

 

Giulio Cesareo, Founder & CEO of Directa Plus, said: "This contract
extension reaffirms the strong relationship Directa Plus has with longstanding
clients, underpinning its credibility to deliver for major clients, evidenced
by OMV Petrom's continued engagement and repeat business. The strong interest
and continued adoption of our Grafysorber® technology underlines both the
value of our solutions and the strength of demand in the region. We are
confident in the new executive team as they lead the business into its next
phase of growth."

 

 

For further information please visit http://www.directa-plus.com/
(http://www.directa-plus.com/) or contact:

 

 Directa Plus plc                                          +39 02 36714458
 Giulio Cesareo, CEO
 Giorgio Bonfanti, CFO

 Singer Capital Markets                                    +44 20 7496 3069
 Rick Thompson

 Phil Davies

 Alma Strategic Communications (Financial PR and Adviser)  +44 20 3405 0205
 Justin James                                              directaplus@almastrategic.com

 Hannah Campbell

 Kinvara Verdon

 

About Directa Plus

Directa Plus (www.directa-plus.com) is one of the largest producers and
suppliers of graphene-based products for use in consumer and industrial
markets. The Company's graphene manufacturing capability uses proprietary
patented technology based on a plasma super expansion process. Starting from
natural graphite, each step of Directa Plus' production process - expansion,
exfoliation and drying - creates graphene-based materials and hybrid graphene
materials ready for a variety of uses and available in various forms such as
powder, liquid and past

 

This proprietary production process uses a physical process, rather than a
chemical process, to process graphite into pristine graphene nanoplatelets,
which enables Directa Plus to offer a sustainable, non-toxic product, without
unwanted by-products. Directa Plus' products are made of hybrid graphene
materials and graphene nano-platelets. The products (marketed as G+®) have
multiple applications due to its properties. These G+® products can be
categorised into various families, with different products being suitable for
specific practical applications.

 

Directa Plus was established in 2005 and is based in Lomazzo (Como, Italy) and
has been listed on the AIM market of the London Stock Exchange since May
2016. The Company holds the Green Economy Mark from London Stock Exchange
which recognises companies that contribute to the global green economy.

 

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