Business
Agreement with REDA Energy for Grafysorber
Agreement with REDA Energy for Grafysorber.
About this update from Directa Plus Plc
[{"type":"text","content":"\n \n \n 19 July 2022\n \n \n \n \n \n \n \n \n Directa Plus plc\n \n \n \n (\"Directa Plus\" or the \"Company\")\n \n \n \n \n \n \n \n Commercial Agreement with REDA Energy Ltd to Distribute\n \n Grafysorber Products\n \n \n \n \n \n \n Directa Plus (AIM: DCTA), a leading producer and supplier of graphene nanoplatelet based products for use in consumer and industrial markets, announces that it has\n signed a Commercial Agreement (\"the Agreement\") with REDA Energy Ltd (\"REDA\") to distribute Grafysorber® oil response products in certain agreed territories. REDA, a division of the REDA Group, is a leading Tier 1 chemical manufacturer and supplier of products and services to global oil and gas sector.\n \n \n \n The Commercial Agreement follows successful testing of the products by REDA customers in the North Sea. These customers particularly appreciated the lightness and simplicity in handling, the effectiveness of absorption, and the reduced amount of plastic used in Grafysorber® booms and pillows. As a result of feedback from REDA Energy, Directa Plus has been able to further improve its oil spill response products, enhancing their ease of use and performance.\n \n \n The first order from REDA for\n Grafysorber® products predates the Agreement and was delivered in June 2022 and comprised\n thousands of pillows and barriers. REDA will place a second similar order to build a minimum safety stock of products to cover northern Europe and will commence the distribution of\n Grafysorber® products to REDA customers.\n \n \n \n \n Directa Plus's patented Grafysorber® technology is a graphene-based solution for treating water sludges and emulsions containing hydrocarbons and 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® is sustainably produced, non-flammable and reusable, with the adsorbed hydrocarbons recoverable.\n \n \n \n Commenting, Giulio Cesareo, Founder and CEO of Directa Plus, said:\n \n \"Our environmental strategy is to offer our partners products designed to help their customers to achieve their sustainability targets more easily, more cheaply and faster. The Agreement with REDA represents an important milestone in the commercialisation...