Abakan Accelerates Business Development in Mexico
Written by thomas · Filed Under Aeronautics NewsJune 11, 2014
MIAMI, June 10, 2014 (GLOBE NEWSWIRE) — Abakan Inc. (OTCQB:ABKI)
(“Abakan”), an emerging leader in the advanced coatings and metal
formulations markets, today announced that Abakan, along with its
Central American partner, Metallurgic Solutions, SA de CV (“MetalSol”),
has secured initial sales and test orders for PComP(TM) coatings from
some of Mexico’s largest steel manufacturers. Abakan and MetalSol have
also made significant progress in driving the oil and gas industry in
Mexico towards early commercial adoption of Abakan’s CermaClad(TM) pipe
cladding products. Mexico’s energy sector is currently in the process
of expanding its offshore developments to greater depths in the Gulf of
Mexico. Expansion in the Gulf of Mexico and around the world is
exacerbating the acute need for superior cladding products. Abakan
expects that if an accelerated qualification process can be determined
and met, that Mexico may well prove to be the commercial entry point
for CermaClad(TM) pipe cladding products worldwide.
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