From Growth Mode to Full-scale Manufacturing
The year 2011 was a great year for Powdermet and MesoCoat, and 2012 is poised to be even better, as we have already begun generating commercial sales with PComP™ and are on-track to begin manufacturing of our CermaClad™ pipes.
PComP™ nanocomposite coatings are being sold commercially in Canada, and we have developed agreements with several coatings shops in Houston to serve the Gulf Coast. We are now cladding the inside of pipes with our CermaClad™ technology, and expect to be API and DNV certified in the next few months, which would be the trigger to start manufacturing before the end of this year.
Our first CermaClad™ manufacturing facility will be open for business by October, and will have the capability to produce up to 18 miles of ten-inch clad pipe with the potential to generate approximately $75 million in revenue.
We are moving rapidly from growth mode in 2011 to full-scale manufacturing in 2012! See below for more details.
— Andy Sherman
MesoCoat Begins Cladding the Inside Diameter of Pipes
MesoCoat Inc., has successfully completed a major milestone by cladding the inside diameter of steel pipe with corrosion and wear resistant alloys, and expects to complete qualification with several oil majors within the next six months. CermaClad™ is applied 20 to 80 times faster than competing weld overlay and laser cladding technologies. It also costs less, and it provides a magnitude improvement in surface properties.
Recently completed Det Norske Veritas (DNV) tests on CermaClad CRA products have confirmed six times better corrosion protection, a strong metallurgical bond, outstanding microstructure, and minimal dilution or stirring of the substrate.
In addition, within six months MesoCoat expects to exceed the American Petroleum Institute (API) and DNV acceptance criteria for clad pipes. This will enable us to become a qualified vendor for some of the world’s largest oil and gas, oil sands, mining, heavy equipment, and engineering management companies.
MesoCoat Secures Supply Contract for PComP™
MesoCoat has secured a supply contract for PComP nanocomposite tungsten carbide thermal spray powder coating materials from a large industrial pump manufacturer in Canada.
“MesoCoat is very glad to begin commercial sales of these breakthrough coating materials,” says Andrew Sherman, CEO of MesoCoat Inc. “We have a very unique method of manufacturing the PComP materials that allows us to make coatings that are both hard and tough; a characteristic that cannot be achieved by any other coating material.”
CermaClad™ Wins NorTech Innovation Award
MesoCoat is pleased to announce that its CermaClad™ technology has been recognized with the prestigious NorTech Innovation Award. These awards recognize and honor "breakthrough innovations" that have either demonstrated dramatic impact on a specific industry or market sector, or have the clear potential to do so.
MesoCoat’s parent company, Powdermet Inc., also received a NorTech Innovation Award for MComP™, its hierarchically structured nanocomposite super metal.
MesoCoat Enters the Massive Canadian Oil Sands Market
MesoCoat is to partner with Northern Alberta Institute of Technology (NAIT) and Alberta Innovates Technology Futures (AITF) to establish a surface engineering research and development facility in Alberta. This facility would serve as an important resource for both MesoCoat and the Alberta Research and Technology ecosystem.
MesoCoat’s vision is to install one of our CermaClad processing/production systems at this facility, where the initial development, testing, and prototyping of its CermaClad wear-resistant coatings can be completed. MesoCoat would then continue working with the research institutes to develop next-generation materials and surface engineering solutions for the Canadian and global markets.
DOE Chooses MesoCoat for Nuclear Fusion Reactors
MesoCoat has been awarded an ‘SBIR Phase I’ grant by the U.S. Department of Energy to develop a series of CermaClad nano- and micro-composite coatings to protect plasma-facing components in nuclear fusion energy systems.
To accomplish this objective, we will coat copper-alloy substrates with tungsten carbide, copper-tungsten, copper-molybdenum, tungsten, and molybdenum. These combinations of substrates and coatings will produce material structures that are capable of high heat transfer and that can withstand the high-temperature and high-heat-flux environments in fusion reactors such as ITER.
MesoCoat is a Powdermet spinoff company that develops and applies innovative micro- and nano-technology to provide wear, thermal barrier, and corrosion solutions.
What we do
Our breakthrough material and application processes provide revolutionary productivity, performance, and cost benefits to the leading organizations in oil and gas, aerospace and defense, infrastructure, energy, and other markets.
How we do it
We are committed to providing a work environment that fosters innovation and promotes excellence and teamwork.
Our core technical competencies
MesoCoat is fast becoming a world leader in metal protection and repair through our revolutionary long life coating and high speed cladding technologies; and we are known in the industry for our expertise in materials science, nanoengineering, and metallurgy. To see more of what we can do, visit our web site at www.mesocoat.com or contact James Chew email@example.com; or Anupam Ghildyal firstname.lastname@example.org.
Mesocoat Inc. is located in Euclid, Ohio, a suburb of Cleveland.
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