ABKI Stock News 0.7180 05/08/2014 23:15:27 Abakan Inc (ABKI)

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Abakan Inc (ABKI) 0.7180 $ABKI

Abakan: Finding Better Ways to Reduce Metal Corrosion
ACCESSWIRE - Tue Apr 29, 8:04AM CDT
Whitefish, MT / April 29th, 2014 / Metal corrosion is a large and growing problem estimated to cost the global economy $2.2 trillion each year or roughly 3% of gross domestic product, according to World Corrosion Organization. While anti-corrosion technologies have been in development since the early 1900's, companies must generally decide between spending a lot of money up front to buy better anti-corrosion products, or dealing with subpar products that will require expensive and time-consuming replacement.

Abakan Subsidiary Receives Funding From the EPA to Develop CermaClad(TM) as an Alternative to Toxic Galvanizing
GlobeNewswire - Wed Apr 23, 9:22AM CDT
Abakan Inc. (OTCQB:ABKI) ("Abakan" , an emerging leader in the advanced coatings and metal formulations markets, today announced that its majority owned subsidiary, MesoCoat Inc. ("MesoCoat" , received a Phase One SBIR Grant from the Environmental Protection Agency (EPA) for a six month project to develop CermaClad(TM), Abakan's environmentally friendly high-speed large-area metal cladding technology, as a replacement alternative for the highly toxic galvanizing process currently in use. The EPA funding will be used to develop Abakan's CermaClad LT (Low Thickness) product for infrastructure applications.

Abakan's CermaClad(TM) Awarded "Innovation of the Year" by NACE International
GlobeNewswire - Thu Mar 13, 8:32AM CDT
Abakan Inc. (OTCQB:ABKI) ("Abakan" announces that its 72% owned subsidiary, MesoCoat, Inc. ("MesoCoat" has received the highly prestigious National Association of Corrosion Engineers (NACE) Materials Performance (MP) Corrosion Innovation of the Year Award in the Coatings and Linings category. The award was conferred upon MesoCoat's CermaClad(TM) high-speed, large-area, metal cladding technology that extends the useful life of metal assets while significantly reducing associated maintenance and downtime costs. CermaClad(TM) technology utilizes a high-intensity arc lamp to rapidly fuse protective, proprietary cladding materials onto the internal surface of steel pipe and tube.

Abakan Subsidiary Receives $2.75M From Canadian Agencies to Establish Wear-Resistant Clad Pipe Facility
GlobeNewswire - Tue Mar 11, 10:30AM CDT
In a move that marks the Company's entry into the enormous Alberta Oil Sands market, Abakan Inc. (OTCQB:ABKI) ("Abakan" today announced that, along with the lead project partner, Northern Alberta Institute of Technology (NAIT), Abakan's 72% owned subsidiary, MesoCoat, has received a $2.75 million funding commitment from Alberta's Ministry of Innovation and Advanced Education (IAE) and Western Economic Diversification Canada (WD) for an 18-month collaborative effort to establish a prototype demonstration facility for developing, testing and commercializing wear-resistant clad pipe and components. Improvements in wear resistance are expected to make a significant impact in reducing losses due to maintenance and downtime while increasing productivity in oil sands and other mining applications.

Vancouver-based As Seen on TV Company Debuts New Products on Dragon's Den
M2 - Wed Feb 26, 3:00AM CST
Vancouver-based As Seen on TV Marketing Ltd. announced that they recently debuted one of their innovative products on Dragon's Den, a top-rated reality show on CBC that showcases Canadian entrepreneurs.

Abakan Subsidiary Awarded $1.5M Loan to Scale-Up PComP(TM) Production and Expand PComP(TM) Coating Services
GlobeNewswire - Tue Feb 18, 11:18AM CST
Abakan Inc. ("Abakan" (OTCQB: ABKI) announced that on Wednesday, February 12, its subsidiary, MesoCoat, Inc., was awarded a $1.5 million loan from the Ohio Department of Development'sOhio Third Frontier Commission to scale up PComP(TM) production and expand PComP(TM) coating services.

Abakan Announces Agreement to Develop Better Coatings for the Multi-Billion Dollar Small Diameter Pipe Market
GlobeNewswire - Mon Dec 02, 3:22PM CST
Abakan Inc. (OTCQB:ABKI) ("Abakan" , an emerging leader in the advanced coatings and metal formulations markets, today announced that it has signed an exclusive agreement with LIMO Lissotschenko Mikrooptik GmbH ("LIMO" , based in Dortmund, Germany. The agreement is intended for the development of a laser based system for the production of wear and corrosion resistant cladding to supply the multi-billion dollar coating market for 3 to 8 inch diameter pipe used extensively in the oil and gas industry. LIMO will design and build the laser coating systems, while Abakan will design the auxiliary components to install and operate these systems. The cooperation will focus initially on the cladding of the smaller-diameter thick-walled pipes, which are in constant demand due to the mounting development of large-scale offshore oil and gas fields. The prospect of supplying the demand for small diameter clad pipe adds to Abakan's current focus on cladding large diameter (10 inches and up) pipe.

Abakan Announces Growth and Acquisition Plan for PComP(TM) Thermal Spray Coating Materials and Services
GlobeNewswire - Tue Nov 19, 8:10AM CST
Abakan Inc. (OTCQB:ABKI) ("Abakan" , an emerging leader in the advanced coatings and metal formulations markets, today announced completion of Phase I of its PComP nanocomposite coatings growth and expansion strategy, which involved installing additional powder microencapsulation equipment to double throughput. Phase II, expected to be completed by the end of 2013, will add more nanoparticle production equipment and sintering furnaces to expand production of this highly engineered product to 18 tons per year. Phases III and IV are scheduled to expand production to 60, and then 180 tons per year over the next twelve months. Further growth and expansion plans over the next 3 years call for the acquisition of up to 10 US based thermal spray production businesses, that will have a total of 30 to 40 spray booths, that service the growing oil and gas sector, each coating cell can generate up to $5 million in revenues.

Abakan's Subsidiary, MesoCoat, Signs Exclusive Sales Agreement with Metallurgic Solutions, S.A. de CV for Mexico and Central America
GlobeNewswire - Mon Sep 16, 8:29AM CDT
Abakan Inc. (OTCQB:ABKI) ("Abakan" , an emerging leader in the advanced coatings and metal formulations markets, today announced entry into the Mexican and Central American markets by signing an exclusive sales agent agreement with Metallurgic Solutions, S.A. de CV ("MetalSol" to introduce MesoCoat's products into Mexico, Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica, and Panama. MetalSol will also assist MesoCoat in the establishment of production and service operations in Mexico for its PComP(TM) long-life metal coatings, CermaClad(TM) clad steel, and future products that are currently under development.

OTC Signal Daily Stock Watch - Abakan Inc. (OTCBB: ABKI)
WorldStockWire - Thu Sep 12, 2:45AM CDT
OTC Signal tracks stocks daily and is pleased to offer its stock alerts. Investors can receive FREE Stock Alerts and company news and profiles by visiting OTC Signal at the following: http://www.otcsignal.com

MesoCoat Inc. Ranked #15 Fastest-Growing Manufacturing Company in the Annual Inc. 500|5000 list of Fastest-Growing Companies in the U.S.
GlobeNewswire - Thu Aug 22, 7:30AM CDT
Abakan Inc. (OTCQB:ABKI) ("Abakan" , an emerging leader in the advanced coatings and metal formulations markets, today announced that its portfolio company, MesoCoat Inc., has been recognized by Inc. Magazine as one of the fastest-growing companies in the United States and has been ranked 15th in the top 100 fastest-growing manufacturing companies in the United States on the annual Inc. 500|5000 list.

OTC Daily Alert Stock Watch - Abakan (OTCQB: ABKI)
WorldStockWire - Mon Aug 19, 1:46AM CDT
OTC Daily Alert tracks stocks daily and is pleased to offer features on public companies. Investors can receive FREE Stock Alerts and company news and profiles by visiting OTC Daily Alert at the following: http://www.otcdailyalert.com

Abakan Announces Incorporation of MesoCoat Coating Services Inc. to Accelerate Entry in the High Value Coating Services Market
GlobeNewswire - Tue Aug 06, 8:36AM CDT
Abakan Inc. (OTCQB:ABKI) ("Abakan" , an emerging leader in the advanced coatings and metal formulations markets, today 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(TM) 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.

Abakan Launches Terves Inc. to Commercialize Proprietary Reactive Materials Technology Designed to Improve the Safety and Efficiency of Oil and Gas Well Isolation, Perforation, and Completion
GlobeNewswire - Tue Jul 23, 9:00AM CDT
Abakan Inc. (OTCQB:ABKI) ("Abakan" , an emerging leader in the advanced coatings and metal formulations markets, today announced the launch of a new minority-owned subsidiary, Terves Inc., to commercialize proprietary reactive materials technology for the shale gas and oil industry. Terves' TervAlloy technology was initially developed by Abakan's 41% owned subsidiary Powdermet, Inc., for the U.S. Department of Defense to build reactive warheads. TervAlloy technology has since been reconfigured and customized into engineered reactive materials that can significantly improve the efficiency and safety of well isolation, perforation and completion for oil and gas companies operating in shale reserves in the United States and across the globe.

Abakan's CermaClad Clad Pipe Manufacturing Technology Wins the AMM Steel Excellence Award of the Year
GlobeNewswire - Mon Jun 24, 11:00AM CDT
Abakan Inc. (OTCQB:ABKI) ("Abakan" , an emerging leader in the advanced coatings and metal formulations markets based in Miami, today announced that its CermaClad(TM) high-speed large-area metal cladding technology has received the Steel Excellence Award from American Metal Market (AMM) under the 'Best Process Innovation category'; where other notable winners in other categories included the number one steel manufacturer ArcelorMittal, Nucor Corporation, and AK Steel Holding Corporation.

Powdermet Announces Partnerships to Commercialize Breakthrough Nano-Composite Materials for Energy Efficiency
GlobeNewswire - Fri Jun 07, 7:30AM CDT
Abakan Inc. (OTCQB:ABKI) ("Abakan" , an emerging leader in the advanced coatings and metal formulations markets, today announced that its subsidiary Powdermet has secured several significant partnerships with corporate, government and military agencies to advance commercialization of its EnComp Energetic nanocomposites and MComP Microcomposite materials for use in high-density energy storage and energy-efficient mechanical bearing markets.

Abakan Lights-Up Its First Clad Pipe Manufacturing Facility in Ohio
GlobeNewswire - Thu Apr 25, 3:03PM CDT
Abakan Inc. (OTCQB:ABKI) ("Abakan" , an emerging leader in the advanced coatings and metal formulations markets, today announced the first test-run of its CermaClad(TM) high-intensity arc lamp ahead of the opening of its first clad pipe manufacturing plant on Friday, April 26, 2013 in Euclid, Ohio.

MesoCoat to Work With Nation's Top Organization for Materials Joining and Welding
GlobeNewswire - Wed Apr 17, 8:00AM CDT
Abakan Inc. (OTCQB: ABKI) ("Abakan" , an emerging leader in the advanced coatings and metal formulations markets, today announced that its subsidiary MesoCoat has engaged EWI, the world leader in welding and allied technologies, to accelerate manufacturing scale-up of its CermaClad(TM) clad pipes. EWI will bring its world-renowned expertise to the project and provide simulation and controls development services to support the development of manufacturing process specifications and non-destructive testing procedures, followed by bimetallic pipe welding and joining process qualification.

Abakan Contracts to Build Large-Scale Clad Pipe Facility in Brazil
GlobeNewswire - Mon Apr 08, 3:00PM CDT
Abakan Inc. (OTCQB: ABKI) ("Abakan" , an emerging leader in the advanced coatings and metal formulations markets, today announced that it has entered into a memorandum of understanding with Cone S.A. for construction of a manufacturing facility to suit large-scale clad pipe manufacture inside the new Suape Export Processing Zone ("Suape EPZ" in Pernambuco State, Brazil. The facility will help meet the demand for corrosion-resistant clad pipe to enable the safe and efficient production of oil in Brazil, where more than 80 percent of oil fields are highly sour.

CermaClad(TM) Clad Pipes Win Pipeline Industries Guild's "Subsea Pipeline Technology of the Year" Award
GlobeNewswire - Mon Apr 01, 8:18AM CDT
Adding to an already impressive collection of innovation and technology awards, Abakan Inc. (OTCQB: ABKI) ("Abakan" today announced that its proprietary CermaClad(TM) clad pipe product was awarded the coveted "Subsea Pipeline Technology of the Year" award by the Pipeline Industries Guild. MesoCoat, an Abakan subsidiary that developed the CermaClad(TM) technology, received the award at the Pipeline Industries Guild National Dinner in London on March 12.
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