Directa Plus has had its contract with OMV Petrom extended and increased. The contract, initially awarded in July 2019, was for the provision of decontamination and oil recovery services using the Company's proprietary Grafysorber® technology. The initial value of the contract was €150k (of which €75k was delivered and invoiced in 2020) and this has now been increased to €410k, the balance of which is expected to be fulfilled by June 2021.
22 Jan 2021
Cenkos: Directa Plus Plc -- Undervalued environmental technology


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Cenkos: Directa Plus Plc -- Undervalued environmental technology
Directa Plus Plc (DCTA:LON) | 125 1.3 0.8% | Mkt Cap: 76.7m
- Published:
22 Jan 2021 -
Author:
John-Marc Bunce -
Pages:
6 -
Directa Plus has had its contract with OMV Petrom extended and increased. The contract, initially awarded in July 2019, was for the provision of decontamination and oil recovery services using the Company's proprietary Grafysorber® technology. The initial value of the contract was €150k (of which €75k was delivered and invoiced in 2020) and this has now been increased to €410k, the balance of which is expected to be fulfilled by June 2021.