Directa Plus expects to make 'good' progress in all key markets amid international expansion

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Directa Plus said it expected to make 'good' progress in all of its key vertical markets as it continued to expand its international footprint.

Among its four key vertical markets - textiles, environmental, composites and elastomers – textiles workwear continued to grow with new applications, new materials and new territories, the company said.

In its environmental segment, the company planned to offer a full decontamination service for its Grafysorber pollutant adsorber product to international oil and gas and marine markets. While in its composites and elastomers, the company's asphalt additive and retread tyres, respectively, were gaining 'considerable market traction' with important trials expected to commence or complete this year, Directa said.

'2019 has started well for us with our strategy continuing to deliver and we expect to make good progress in all of our key vertical markets,'said Giulio Cesareo, Founder and CEO of Directa Plus.

'Our international footprint is expanding - the visibility of Directa Plus and our products in the world's largest market for graphene, the United States, has increased materially as a result of our initiatives with the US Graphene Association.'

'We look forward to reporting in more detail on our progress at the time of our half year results in September.'

At 8:18am: (LON:DCTA) Directa Plus Plc share price was +0.5p at 83p