Directa Plus (DCTA)

Sector:

Industrial Chemicals

Index:

FTSE AIM All-Share

 19.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 71.00
  • 52 Week Low: 16.00
  • Currency: UK Pounds
  • Shares Issued: 66.06m
  • Volume: 35,240
  • Market Cap: £12.88m
  • RiskGrade: 472

Directa Plus successfully completes Grafysorber tests at OMV Petrom

By Josh White

Date: Monday 09 Apr 2018

LONDON (ShareCast) - (ShareCast News) - Producer and supplier of graphene-based products for use in consumer and industrial markets, Directa Plus, announced the successful completion of industrial field testing of Grafysorber at an oil treatment plant of OMV Petrom - a Romanian integrated oil and gas company and one of the largest in Southern Europe - on Monday.
The AIM-traded firm said the tests demonstrated that the deployment of Grafysorber improved the quality of water used for the injection process.

It said the parties would now work together on the second phase of trials to expand the tests to treat a further contaminant.

"Working with a leading organisation such as OMV Petrom, and in an industrial setting, is a tremendous endorsement of the strength of our Grafysorber solution and its potential," said CEO Giulio Cesareo.

"We believe Grafysorber is a revolutionary material with a unique oil adsorption capability that has multiple environmental applications."

Cesareo said the company was "delighted" to progress to the next phase of testing with OMV Petrom, and looked forward to establishing a "long relationship" with them.

"This achievement further underpins the potential and importance of our recently-announced agreement with Sartec to develop innovative continuous process equipment to optimise Grafysorber utilisation for the oil & gas industry."

The company said the purpose of the field tests was to trial the ability of Directa Plus' Grafysorber, which was used in a dedicated treatment facility on a site of OMV Petrom, to remove petroleum hydrocarbons from produced water so that it could be used as injection water.

Directa Plus said the field tests demonstrated positive results in the industrial decontamination of produced water.

In particular, Grafysorber was successful in significantly reducing the concentration of total petroleum hydrocarbons (TPH) in the produced water to less than 0.5ppm.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Directa Plus Market Data

Currency UK Pounds
Share Price 19.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 71.00
52 Week Low 16.00
Volume 35,240
Shares Issued 66.06m
Market Cap £12.88m
RiskGrade 472

Directa Plus Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
17.17% below the market average17.17% below the market average17.17% below the market average17.17% below the market average17.17% below the market average
62.5% below the sector average62.5% below the sector average62.5% below the sector average62.5% below the sector average62.5% below the sector average
Price Trend
92% below the market average92% below the market average92% below the market average92% below the market average92% below the market average
64.71% below the sector average64.71% below the sector average64.71% below the sector average64.71% below the sector average64.71% below the sector average
Income Not Available
Growth
42.35% above the market average42.35% above the market average42.35% above the market average42.35% above the market average42.35% above the market average
41.18% above the sector average41.18% above the sector average41.18% above the sector average41.18% above the sector average41.18% above the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 1
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Directa Plus Dividends

No dividends found

Trades for 29-May-2024

Time Volume / Share Price
14:56 500 @ 19.98p
14:29 10,040 @ 19.88p
11:01 5,400 @ 19.00p
10:39 10,050 @ 19.90p
10:08 9,000 @ 20.00p

Directa Plus Key Personnel

CEO Giulio Giuseppe Cesareo
CFO Giorgio Bonfanti

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