StockMarketWire.com - Graphene-based products maker Directa Plus said it had been granted a Chinese patent for its G+ graphene technology in tyres.
The grant by the Chinese Patent Office covered the use of the Company's G+ graphene technology for bicycle, motorcycle and passenger car tyres as well as truck and bus radial tyres.
The patent covered 'the formula which unlocks the potential of G+® technology for the tread component and enables manufacturers to balance the conflicting properties of rolling resistance and grip while enhancing both,' the company said.
'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,' it added.
The company had been granted six patents in China so far.
At 9:39am: [LON:DCTA] Directa Plus Plc share price was +1p at 75p
Story provided by StockMarketWire.com
Shares Magazine
Shares is the leading weekly publication for retail investors. It is packed with investment ideas, news and educational material to help build and run portfolios and get more from your money.
Investor Events
Shares puts on free Investor Events throughout the year across the country. They provide an opportunity for investors to learn more about companies on the stock market and hear from a range of investment experts including fund managers and Shares journalists.