Abakan Inc. designs, develops, manufactures, and markets advanced nano-composite materials, fabricated metal products, highly engineered metal composites and engineered reactive materials for applications in the oil and gas, petrochemical, mining, aerospace and defense, energy, infrastructure, and processing industries. The company’s technology portfolio includes high-speed, large-area metal cladding technology, long-life nano-composite anti-corrosion and wear coating materials, high-strength lightweight metal composites, and high-strength dissolvable materials. Operations are conducted through the company’s subsidiary, MesoCoat, Inc. (MesoCoat). MesoCoat’s Business MesoCoat, an Ohio based materials science company, intends to provide metal protection and repair based on its metal composite coating and metal cladding technologies. These technologies are designed to address specific industry needs related to conventional oil and gas, oil sands, mining, aerospace, defense, infrastructure, and shipbuilding. MesoCoat has licensed and further developed a proprietary metal cladding application process known as CermaClad, and a family of advanced nano-composite thermal spray coating materials known as PComP. CermaClad and PComP combine corrosion and wear resistant alloys, and nano-engineered cermet materials with proprietary high-speed coating or cladding application systems. 10 of MesoCoat’s products, 3 corrosion resistant alloy (CRA) materials (625, 825, and 316L), 3 wear resistant alloy materials (tungsten carbide, chrome carbide, and structurally amorphous metal alloys), and 4 PComP product families (PComP-W, PComP-T, PComP-S, and PComP-M), have either undergone laboratory and independent testing, are in the development and qualification stage, or are being used in the field or being tested by oil and gas majors, pipe manufacturers, oil field equipment manufacturing and service companies, original equipment manufacturers, and other end users. The company is also developing solutions for the nuclear, healthcare, medical, and other industries, primary funded by government agencies. PComP PComP is a family of nano-composite cermet coating materials used to impart wear and corrosion resistance and to restore dimensions of worn metal components. PComP is self-polishing when in use, resulting in low fluid leakage, and friction properties approaching those of diamond-like carbon (DLC) films and solid lubricants. Unlike DLC and other vapor deposited films, PComP has the ability to be applied to large components without expensive vacuum equipment, at lower capital and application cost than coatings, such as diamond-like carbon. The low friction properties reduces wear, and improves energy efficiency and life in sliding components, such as drilling rotors, plungers, mandrels, ball and gate valves, rotating and sliding seals, and metal processing equipment. Using the proprietary PComP technology platform, MesoCoat has developed and patented a family of corrosion resistant and wear resistant coating solutions that combine extreme corrosion and/or wear resistance, fracture toughness (resiliency), and a low friction coefficient. The PComP family of nano-composite coatings consists of five product families, such as: Wear and Corrosion Resistance and Dimensional Restoration PComP-W is MesoCoat’s ‘nano-engineered’ tungsten carbide based coating solution offers toughness and wear resistance for thermal spray coatings, making it better for critical high wear applications, such as gate valves and downhole drilling tools. PComP W is a replacement for conventional tungsten carbide cobalt in the thermal spray industry and provides increased wear resistance, design allowable stress levels, and reduced friction in abrasive wear applications, with higher toughness and impact resistance than ceramic alternatives. PComP-T is a titanium nitride based high corrosion/wear resistant, low friction thermal spray coating that competes with hard chrome and diamond like carbon physical vapor deposition alternatives for hydraulic cylinders, piston rings, bearings, rotating shafts, and valve components where low stick-slip, corros
abakan inc (ABKI:OTC US)
2665 South Bayshore Drive
Miami, FL 33133
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