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14 Apr 2025 07:00
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/ 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 Hannah Campbell Kinvara Verdon | directaplus@almastrategic.com |
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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