Business
Co-operation agreement with Alfredo Grassi S.p.A.
Co-operation agreement with Alfredo Grassi S.p.A..
About this update from Directa Plus Plc
[{"type":"text","content":"\n \nRNS Number : 1866Y Directa Plus PLC 07 May 2019 \n\n7 May 2019\n \nDirecta Plus plc\n(\"Directa Plus\" or the \"Company\")\n \nDirecta Plus signs co-operation agreement with Alfredo Grassi S.p.A.\n \nDirecta Plus (AIM: DCTA), a producer and supplier of graphene nanoplatelets-based products for use in consumer and industrial markets, is pleased to announce that the Company has signed an exclusive agreement with Alfredo Grassi S.p.A., (\"Grassi\") to broaden an existing collaboration in the development of graphene enhanced workwear and expand into military outerwear.\n \nGrassi, are a leading Italian workwear and outerwear manufacturer, who have been operating since 1925. Directa Plus have been working in partnership with Grassi for the last three years and have produced more than 80,000 metres of fabric enhanced with G+ pristine graphene nanoplatelets, that have been used in the manufacture of thousands of garments.\n \nThe agreement between Directa Plus and Grassi provides for up to three years of exclusive co-operation in the relevant sectors.\nThe main objectives are:\n· To promote the uptake of graphene enhanced, advanced workwear and military outerwear in Italy, in most of Europe, and North Africa;\n· To develop new products suitable for end users in the relevant industrial verticals;\n· To build a greater joint understanding of market trends and drivers affecting demand for such products; and\n· To offer end users the maximum level of sustainability along the entire supply chain\n \n \nGiulio Cesareo Founder & CEO of Directa Plus said: \"We already have an excellent relationship with Grassi, having worked together on product development, product design and marketing for more than three years.\n \n\"We have a number of active projects that we are already working on in partnership with Grassi, which we hope will result in significantly increased sales of G+ enhanced garments. We are particularly excited about new product development plans for military and professional and workwear applications.\n \n\"Directa Plus' commercial relationship with Grassi has already proved mutually beneficial for both companies and we are very pleased to be able to extend and deepen our partner...