Abakan Inc. (ABKI) has incorporated MesoCoat Coating Services Inc. (MCS) as a new subsidiary to provide thermal spray coating services.
ABKI is an emerging leader in the advanced coatings and metal formulations markets.
MCS will provide wear- and corrosion-resistant coating application services utilizing conventional thermal spray powders, as well as proprietary PComP™ nanostructured coating materials.
ABKI is an emerging leader in the advanced coatings and metal formulations markets.
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; 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 CEO of MCS, Andrew Sherman. “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.”