Directa Plus granted sixth Chinese patent

Directa Plus PLC (LON:DCTA) said it has been granted its sixth patent in the Chinese market for its G+ graphene technology.

The company said the new patent covers the use of G+ technology in bicycle, motorcycle and passenger car tyres as well as truck and bus radial tyres, specifically the formula to use G+ for the tread component, enabling manufacturers to balance the properties of rolling resistance and grip while enhancing both.

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Directa Plus cited data from TechSci Researchwhich estimated that the Chinese tyre market is estimated to be worth around US$52bn by 2023, compared to US$28bn in 2018.

"The grant of a Chinese patent for our G+ technology in tyres is a first step towards exploiting China's large and growing market for elastomeric compounds for tyres. Our technology improves performance as well as havRead More – Source

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