—Cientifica
The world’s leading authority on rational technology information
  • Home
  • Cientifica+
  • Research
    • White Papers
      • EmTech Index 2012-2013
      • Simply No Substitute?
      • Sustainability
        • Using Emerging Technologies to Address Global Risks
        • Using Emerging Technologies to Address Global Risks
        • Sustainable Technologies For The Next Decade
        • Nanotech:Cleantech
        • Nanotechnologies and Energy
        • Quantifying The Effect Of Nanotechnologies On CO2 Emissions
      • Drug Delivery
      • Market Opportunities In Nanotechnology Drug Delivery
      • Global Nanotechnology Funding 2011
      • Gold For Good
      • How To Make Money From Emerging Technologies
      • Creative Destruction or Credit Crunch?
      • Nanotechnologies In 2009
    • Smart Textiles and Nanotechnology Applications Technologies and Markets
    • Nanotechnology for Medical Diagnostics
    • Global Funding of Nanotechnologies – 2011 Edition
    • Nanotechnology for Drug Delivery : 2011-2021
    • Nanotechnology for Drug Delivery: Global Markets
    • Nanotechnology for Drug Delivery: Global Market for Nanocarriers
    • Nanotechnology for Drug Delivery: Global Market for Nanocrystals
    • Nanotechnologies for the Energy Market
    • The Nanotechnology Opportunity Report
  • Consulting
  • Insight
  • About Us
    • Cientifica
    • Tim Harper

Home » Insight » MesoCoat

US company, Abakan, wants to get in on the Canadian oils sands market

Posted in: Abakan, Alberta, Canada, CermaClad, coatings, MesoCoat, nanocomposites, oil sands|May 7, 2012

According to the May 4, 2012 Abakan, Inc. press release on BusinessWire,

Due to the prevalent favorable conditions to set up operations in Alberta, Canada, Abakan Inc.’s (otcqb:ABKI) Board of Directors has decided to locate a collaborative research and development center for wear resistant materials in Alberta, Canada. …

Upon initiation of Alberta operations under subsidiary MTC Corporation (Mesocoat Technologies Canada Corporation), Abakan will collaborate with the Northern Alberta Institute of Technology (NAIT), and the Alberta Innovates Technology Futures’ (AITF) advanced materials team and infrastructure. MTC Corporation will leverage Alberta’s world-class research institutes to reduce technical execution risk and accelerate the development, validation, and market entry of MesoCoat’s revolutionary, low cost and high performance nanocomposite materials and high productivity cladding process into the oil sands, mining and mineral processing industries in Alberta and elsewhere.

…

The Alberta location offers significant growth opportunities for MesoCoat; with announced capital investments in the oil sands industry due to triple production in the next four years markets for wear resistant materials are also expected to grow proportionately from $350M/year to over $1B/year. MesoCoat’s CermaClad technology offers the highest productivity and lowest life cycle cost of any application technology in the market today. MesoCoat’s CermaClad technology offers the ability to produce high-quality weld overlays 15-40X faster, and with dramatically improved microstructures and performance compared to legacy weld overlay processes. MTC Corporation’s Alberta development activities will accelerate the commercial readiness of MesoCoat’s low cost nanocomposite overlay materials, which in laboratory testing have shown 3X lower wear rate than current available overlay products at comparable cost structures.

I haven’t found any announcements from government (provincial [Alberta] or federal [Canada]) agencies, which is a bit surprising. They are usually very happy to take some credit for attracting business.

You can find more about Abakan here and about MesoCoat here.

Share

Recently…

  • Big Data, Nanotechnology, Magic and Random Acts of God (or Eric Schmidt)
  • Technology – so much more than social media!
  • Troubleshooting Emerging Technology Companies
  • Top Ten Emerging Technologies 2013 from the World Economic Forum
  • The Future of Nanotechnology – From A Molecular Point of View

Tweets

Meta

  • Log in
  • Entries RSS
  • Comments RSS
  • WordPress.org

Trending Tweets

Blogroll

  • 2020 Science
  • FrogHeart
  • IEEE Spectrum Nanoclast Blog
  • Nanopaprika.eu – The International NanoScience Community
  • Nanotech in Motorsport
  • New Scientist – Nanotechnology
  • Phys.org: Nanotechnology News
  • ScienceDaily: Nanotechnology News
  • Soft Machines

Cientifica Ltd

+44 7894 708989

info*cientifica.com

3 Raglan Road

Birmingham B5 7RA

Contact Us

Your message was successfully sent. Thank You!

Keep in touch