Home / News / Italy’s Directa Plus signs LOI to develop automotive fabrics

Italy's Directa Plus signs LOI to develop automotive fabrics

Apr '22
Pic: Shutterstock
Pic: Shutterstock
Directa Plus, an Italian producer and supplier of graphene nanoplatelets based products for use in consumer and industrial markets, has announced that it has signed a non-binding Letter of Intent (LOI) with a leading worldwide supplier of automotive interiors to Tier 1 manufacturers. The company’s products are used in commercial applications.

The partners intend to develop a suite of new products for the automotive industry based on the antimicrobial properties (antibacterial and antiviral), thermal comfort and electrical conductivity properties of the company’s G+ enhanced fabrics, the company said in a press release.

The LOI has a 12-month term and sees the partners agree to combine resources, competence and know-how to develop G+ enhanced fabrics into a platform of ready to use products for the automotive industry. If both parties are satisfied with the results achieved after the 12 months, the partners shall undertake to negotiate a supply agreement between the two companies. Directa Plus is already working with the partner to produce prototypes for a number of global Tier 1 auto manufacturers.

“We have developed, with trusted like-minded partners, innovative new products exploiting the properties of our G+ graphene nanoplatelets in fabrics and materials.  These range from workwear, sportswear and shoe applications to industrial filtration applications. We are delighted to announce this partnership with a respected global innovator with deep knowledge and experience to address automotive interior markets,” Giulio Cesareo, founder and CEO of Directa Plus, said in a statement.

Fibre2Fashion News Desk (GK)

Leave your Comments

Pic: Business Wire
US’ Dyper removes nearly 1,00,000 kg of plastic waste from environment
Pic: Sandler
Germany’s Sandler posts revenue growth in 2021

Follow us