Directa Plus makes positive statement ahead of AGM
18/06/2018
In advance of the meeting, the company’s chairman, former international banker Sir Peter Middleton, said the benefits of using Directa Plus’s graphene nanoplatelets (G+ materials) in fabric are now widely understood in the textile sector. “We are increasingly engaging with global brand owners and textile companies who want to enhance the performance of their end products through leveraging the bacteriostatic, thermal management and fire-retardant properties of G+,” the statement said.
The chairman said that Directa Plus is continuing to add new customers as well as having current customers launch larger numbers of graphene-enhanced products into the market.
“A key development in this market is our recent signing of an exclusive collaboration agreement with Arvind Limited, a leading textile-to-retail-and-brands conglomerate in India,” Sir Peter Middleton continued, “to infuse the high-performance benefits of G+ into their denim fabrics. Each year Arvind produces over 100 million metres of fabrics and 6 million pairs of jeans and with a portfolio of brands including Gant, Levi’s, Nautica, Tommy Hilfiger and Wrangler. This represents a substantial opportunity for Directa Plus. Significant activity is already under way and we expect that the relationship will be broadened to include Arvind’s other textile segments (workwear) as well as other business areas within the wider Arvind group.”
He added that the contract it has signed with workwear provider Alfredo Grassi is something else Directa Plus is “very excited about”.
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