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Alcoa, Rusnano sign drill pipe deal

Keywords: Tags  Alcoa, Rusnano, aluminum drill pipe, Thorsten Schier


NEW YORK — Pittsburgh-based Alcoa Inc., and OJSC Rusnano have signed a memorandum of understanding to make aluminum drill pipe finished with an anti-wear coating, the companies announced June 21.

The coating is expected to increase the life of aluminum pipe by 30 to 40 percent in aggressive and corrosive drilling environments compared to uncoated pipe.

Moscow-based Rusnano is a government-owned company tasked with developing the Russian nanotechnology industry.

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