Companies Cooperate to Develop Nanotechnology-Based Coating
ST. PETERSBURG, Russia/NEW YORK - Alcoa and OJSC RUSNANO will produce technologically advanced oil and gas aluminum drill pipe finished with a life-extending anti-wear coating under a memorandum of understanding (MOU) signed by the companies. With the help of the Alcoa Technical Center, the parties intend to pursue the potential application of a nanotechnology-based coating for aluminum drill pipe to enhance its wear resistance in harsh, corrosive drilling environments.
Alcoa Chairman and CEO Klaus Kleinfeld and OJSC RUSNANO Chief Executive Officer Anatoly Chubais signed the MOU at the St. Petersburg International Economic Forum.