TIDMDCTA
Directa Plus PLC
22 June 2017
22 June 2017
Directa Plus plc
("Directa Plus" or the "Company")
Directa Plus and Alfredo Grassi collaborate to develop
graphene-enhanced workwear
New range of highly performant technical textiles and workwear
product lines to be created leveraging the unique properties of
Graphene Plus
Directa Plus plc (AIM: DCTA), a producer and supplier of
graphene-based products for use in consumer and industrial markets,
is pleased to announce that it has entered into Joint Development
Agreement ("JDA") with Alfredo Grassi S.p.A., a leading
manufacturer of customised protective clothing, workwear and
uniforms for private and public organisations globally. The signing
of the JDA follows detailed testing of Directa Plus' graphene by
Alfredo Grassi to assess the potential benefits that could be
delivered by incorporating Directa Plus' graphene into their
products. Under the terms of the JDA, the companies will seek to
market a range of technical textiles and garments containing the
Company's graphene-based products to the customers of Alfredo
Grassi.
"We are proud to be collaborating with Alfredo Grassi who have a
successful track record of producing clothing that leverages their
established heritage combined with the technological advances of
their partners," said Giulio Cesareo, Chief Executive Officer of
Directa Plus. "This agreement represents a further expansion of our
textile offering as our Graphene Plus (G+) will be utilised to
enhance the performance of workwear and protective wear for law
enforcement and military forces, which we believe represents a
significant market opportunity. We look forward to working together
to develop and market new product lines, based on our shared
commitment to quality, innovation and environmental-sustainability,
and to bringing them to the market."
The initial focus under the JDA will be on garments with linings
printed with Graphene Plus combined with waterproof, breathable
textiles. The presence of G+ graphene, which has been independently
certified as non-toxic and non-cytotoxic, produces a
technically-advanced fabric with unique properties. In particular,
it is highly thermally conductive, allowing a homogeneous
distribution of the heat produced by the human body in cold
temperatures and a heat dispersion effect in hot temperatures.
Similarly, it is able to rapidly dissipate antistatic charges. It
also has a bacteriostatic effect whereby bacteria do not
proliferate on the fabric. As a result, the garments will be
ideally suited for activities where the dissipation of antistatic
charges and heat management are required or for clinical
environments.
"As a company that is continually looking for innovative
materials, while paying attention to environmental sustainability,
we have found an ideal partner in Directa Plus," added Roberto
Grassi, CEO of Alfredo Grassi. "Together, we will seek to improve
the level of comfort and protection offered by our products through
the use of innovative fabrics made using graphene, and I am sure
that we will continue to work on more projects together both in the
workwear and the public administration sectors. I am convinced that
the collaboration is a strategic milestone for us in terms of
product innovation and also because we share the same corporate
values, such as employee appreciation and recognition, attention to
environmental issues and a common long-term vision on future
markets."
Alfredo Grassi manufactures and supplies customised technical
fabric and garments for military, law enforcement, fire &
safety and workwear applications, such as protective, waterproof
and high visibility garments and uniforms. Founded in 1925, the
company is headquartered in Italy with production and commercial
facilities in Europe and North Africa.
Enquiries
Directa Plus plc
--------------------------------------- ----------------
Giulio Cesareo, CEO
Marco Ferrari, CFO +39 02 36714458
--------------------------------------- ----------------
Luther Pendragon (Financial PR)
--------------------------------------- ----------------
Harry Chathli, Claire Norbury, Alexis +44 20 7618
Gore 9100
--------------------------------------- ----------------
About Directa Plus
Directa Plus is one of the largest producers and suppliers of
graphene-based products for use in consumer and industrial markets
worldwide. By incorporating Directa Plus' unique graphene blends,
identified by the G+ brand, its customers can enhance the
performance of their end products without significantly increasing
their cost. Directa Plus graphene-based products are natural,
chemical-free, sustainably produced and tailored to specific
customer requirements for commercial applications such as smart
textiles, tyres, composite materials and environmental
solutions.
Established in 2005, the Company has a patented technology
process and a scalable and exportable manufacturing model. It
produces graphene-based products at its own factory in Lomazzo,
Italy, and can set up additional production at customer locations
to reduce transport costs, waste and time-to-utilisation. Directa
Plus partners with customers to enable them to offer the
high-performance benefits of graphene in their own products.
About Alfredo Grassi
Founded in 1925, Alfredo Grassi S.p.A. has more than 90 years of
experience in the manufacture of PPE, protective clothing and
uniforms. A leader in Italian and international markets, it
encompasses five business units - workwear, military, law
enforcement, fire and safety and ballistic protection - offering a
range of products from standard workwear to customised technical
and protective clothing for private companies as well as for law
enforcement and other public organisations.
The company has wholly-owned manufacturing facilities, located
in Romania, Tunisia and Albania, with more than 1,200 employees,
guaranteeing maximum production capacity and flexibility. It is
this flexibility that distinguishes Alfredo Grassi from its
competitors. It has a vertical production process whereby there is
complete control of all the production phases, from weaving through
cutting to manufacturing the finished product, in accordance with
UNI EN ISO 9001:2015 standards. The close interaction between the
production sites enables monitoring of each stage of the production
process.
Alfredo Grassi takes pride in the continuous increase of company
know-how as well as evolution and innovation of its products in
pursuit of customer satisfaction. This is achieved thanks to the
expertise and experience of its employees, the use of the latest
high-tech equipment, production tools and computerised systems that
allow the R&D department to engage in modeling, styling and
technical design activities.
Particular attention has always been paid to the ethical and
environmental impact of different production activities, which are
managed in accordance to the ISO 14001 environmental certification,
SA8000 social certification and integrated STeP by OEKO TEX
certification standards.
This information is provided by RNS
The company news service from the London Stock Exchange
END
NRAOKDDKBBKBAAB
(END) Dow Jones Newswires
June 22, 2017 02:00 ET (06:00 GMT)
Directa Plus (LSE:DCTA)
Historical Stock Chart
From Apr 2024 to May 2024
Directa Plus (LSE:DCTA)
Historical Stock Chart
From May 2023 to May 2024