July 2013, Vol. 240 No. 7


Abakan Contracts To Build Large-Scale Clad Pipe Plant In Brazil

Abakan Inc. announced it entered into a memorandum of understanding with Cone S.A. for construction of a manufacturing plant to suit large-scale, clad pipe manufacturing within the new Suape Export Processing Zone (EPZ) in Pernambuco State, Brazil. The planned four-line plant will be able to produce up to $200 million-worth of clad products annually. The decision to establish a plant in Brazil was driven by the requirements of Abakan’s technology development partner, Petrobras, along with anticipated demand from other Brazilian energy and mining companies. The plant will be one of the largest metallurgical clad pipe manufacturing facilities in the world, according to Aba

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