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 Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Glosten Promotes Lamkin to Senior Marine Consultant

Seattle-based naval architecture and marine engineering consultancy Glosten has promoted Bradley G. Lamkin, PE to Senior Marine Consultant. As a Senior Marine Consultant

TORM CFO Zacho Resigns

Mads Peter Zacho, Chief Financial Offer at TORM, has resigned to become Chief Executive Officer at J. Lauritzen A/S. Mads has been with TORM since 2013 and will

DSME Reveals Additional Self-Restructuring Plan

South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) has  revealed an additional self-restructuring plan amid the falling shipbuilding orders.

Energy

Wood Group Bags Statoil MSA

Wood Group has been awarded an evergreen master services agreement (MSA) by Statoil to support the life cycles of its offshore  and onshore facilities. Work and

ABB Saves 700,000 tons Fuel for Marine Vessels

ABB’s environmental friendly Azipod propulsion system brings greater fuel efficiency to diverse shipping segments ABB today announced the total fuel savings

Subsea 7 Awarded $1bn Wind Farm Offshore UK Deal

Subsea 7 S.A. informed today the details of the major(1) contract award that was first announced on 20 May 2016 . The contract was awarded by Beatrice Offshore Windfarm Limited (BOWL)(2),

Coatings & Corrosion

Industry Group Developing New Hull Coating System

PPG’s protective and marine business has received EU Funding for a project which aims to produce a new fouling protection system for commercial vessels.   A project development group including PPG,

Petronas Chooses Jotun Antifoulings

Petronas has selected Jotun’s Hull Performance Solutions (HPS) antifouling system for two LNG vessels chartered from MISC.   The advanced antifouling coatings

IMO Workshop Addresses Antifouling Systems

Flag state and port state roles in ratifying, implementing and enforcing the convention prohibiting the use of harmful antifouling systems on ships (AFS Convention)

Mergers & Acquisitions

Hapag-Lloyd Pushes Back AGM on Merger Talks

Hapag-Lloyd said it had decided to postpone its annual general meeting scheduled for June 1, 2016 due to ongoing merger talks between German container shipping

HCI Group Takes Over 13 Feeder Containerships

The HCI Group and two other investors have taken over a total of thirteen ships from the loan portfolio of HSH Nordbank. The HCI Group structured the portfolio

EIG names Odebrecht, shipyards in Petrobras suit

Investment management firm EIG Management Co added Brazil's engineering conglomerate Odebrecht SA and a few other shipyards in its $221 million fraud suit against Petroleo Brasileiro SA.

 
 
Maritime Contracts Maritime Standards Naval Architecture Navigation Offshore Oil Salvage Ship Electronics Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | 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: 0.1086 sec (9 req/sec)