Abakan Incorporates Subsidiary, MesoCoat

Marinelink.com
Tuesday, August 06, 2013

New subsidiary to provide advanced wear- and corrosion-resistant coating services for components used in the oil and gas, mining, aerospace and metal finishing industries

Abakan Inc., a company in the advanced coatings and metal formulations markets, announced the incorporation of a new subsidiary, MesoCoat Coating Services Inc. (MCS), to provide thermal spray coating services using its multiple award-winning nanocomposite PComP coating materials to improve component longevity and to combat corrosion and wear in the oil and gas, mining, aerospace, chemicals, metal processing and metal finishing industries.

MCS will provide wear- and corrosion-resistant coating application services utilizing conventional thermal spray powders, as well as proprietary PComP(TM) nanostructured coating materials. MCS already has a fully functional thermal spray coating facility with one coating cell in Euclid, Ohio, and plans to expand operations with the addition of two thermal spray coating cells and other surface preparation and finishing equipment for larger components that will be capable of handling 40-foot components. MesoCoat is currently expanding its PComP(TM) powder production capacity six fold to 30 tons per year, and expects to expand it further in early 2014 to 160 tons per year; spearheaded by increasing demand from oilfield equipment manufacturers and other original equipment manufacturers (OEMs). The significant interest in PComP materials has led to more than six months' worth of back orders.

"With the increased development of the Utica and Marcellus shales; Pennsylvania, Ohio and other mid-western states have become key epicenters of oil and gas exploration and production," said Andrew Sherman, CEO of MCS. "The companies operating in these plays need a regional partner for timely repair and refurbishment of critical equipment. Currently, drills and other exploration components in need of replacement need to be shipped to Houston, creating delays that lead to expensive downtime."

"The global $32 billion inorganic metal finishing market is in dire need of transformative materials and processes," said Curtis Glasgow, MesoCoat's GM of Component Manufacturing. "MCS will provide a local hub for longer-lasting coatings leading to reduced inventory and coating times, increased operational productivity, reduced losses, and additional local jobs."

Abakan's PComP family of nanocomposite materials is the foundation for coatings that offer 3-80 times higher performance than current coatings for wear and corrosion resistance, such as conventional thermal spray coating, chrome plating, physical vapor deposition and other applications. The coatings combine very fine, near nano-scale ceramic particles with metal binders in a specific, hierarchical structure that provides the extreme hardness of a ceramic such as diamond or glass, but also the toughness of steel or similar metals. PComP has won multiple trade and industry awards, and in 2012, PComP's received an R&D 100 award recognizing it as the most significant materials science innovation of the year.

The PComP family of coatings is used for OEM components in mechanical, pumping and fluid control systems, as well as for dimensional restoration and life extension of worn components, making them "better than new." In the near future, MCS plans to expand operations into Houston and into other key markets in North America and abroad.

Maritime Reporter July 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Rosneft and NADL Sign Exchange of Assets Deal

Rosneft, Seadrill Limited and North Atlantic Drilling Limited (NADL) signed a Framework Agreement that envisages long-term cooperation in the sphere of oilfield development projects.

Norman Murray, Petrofac Chairman Quits

Petrofac, the international oil & gas facilities service provider, today announces that Norman Murray, who has been Chairman since May 2011, has resigned from

MN 100: AEP River Operations

16150 Main Circle Drive, Suite #400 St. Louis, MO 63017 Tel: (636) 530-2100  Email: info@aepriverops.com Website: www.aepriverops.com President: Keith Darling The

Energy

Japanese Technology Helps Farmers to Changes in Climate

The Japanese technology firms are using their experience in saving energy and in cloud technology to help farmers cope with changes in climate, cheaper imports and declining labor.

Sinopec's Profit up at 32.5 billion yuan in 1H, 2014

Asia's largest refiner - China Petroleum & Chemical Corporation announced Friday night, according to international accounting standards, the first half net profit of 32.

Kuwait to Boost Oil Exports to China

Kuwait plans to increase the volume of crude oil exports to China to 500,000 barrels a day (bpd) in three years, an executive at the state-run Kuwait Petroleum Corporation (KPC) said Saturday.

Mergers & Acquisitions

Mexican Alfa Tie-up with Pemex for Onshore Exploration

Mexican conglomerate Alfa He is interested in participating in association with the state oil company Pemex Exploration Projects in fields on earth, aunque también

Polynesian Shipping Sold to Neptune Pacific Line

The Board of Polynesian Shipping Line Limited, Apia informed   that the business and the Company’s associated investments have been sold to Neptune Pacific Line Limited.

CEVA Expands Presence in Los Angeles Market

CEVA Logistics, one of the world’s leading supply chain management companies, today announced the expansion of its Los Angeles (LAX)/Torrance freight management operation.

 
 
Naval Architecture Navigation Offshore Oil Pod Propulsion Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1475 sec (7 req/sec)