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Abakan Announces Incorporation of MesoCoat Coating Services Inc.

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., an emerging leader in the advanced coatings and metal formulations markets, has announced the incorporation of a new subsidiary, MesoCoat Coating Services Inc., or MCS. The aim is 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™ 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™ powder production capacity six-fold to 30 tons per year, and expects to expand it further in early 2014 to 160 tons per year. This is 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 Midwestern states have become key epicenters of oil and gas exploration and production,” said Andrew Sherman, CEO of MCS. “The companies operating in these areas need a regional partner for timely repair and refurbishment of critical equipment. Currently, drills and other exploration components in need of replacement must be shipped to Houston, creating delays that lead to expensive downtime.”

Curtis Glasgow, MesoCoat’s general manager of component manufacturing, added: “The global $32 billion inorganic metal finishing market is in dire need of transformative materials and processes. 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, MCS claims. 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.

About Abakan Inc.

Abakan develops, manufactures, and markets advanced nanocomposite materials,innovative fabricated metal products and highly engineered metal composites for applications in the oil and gas, petrochemical, mining, aerospace and defense, energy, infrastructure and processing industries. Abakan’s technology portfolio currently includes high-speed, large-area metal cladding technology; long-life nanocomposite anti-corrosion and-wear coating materials; and high-strength, lightweight metal composites. Abakan's products have demonstrated longer life, higher productivity and extremely high strength-to-weight ratios compared to competing technologies. For more information, please visit abakaninc.com.



 

 

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Aerospace  •  Coating Systems & Equipment  •  Defense & Military  •  Industrial and Protective Coatings  •  Industry Trends & Happenings

 

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