MIAMI (June 2, 2014) – Abakan Inc. announced that it has increased its ownership position in its majority owned subsidiary, MesoCoat Inc., to a 87.5 percent direct and 89.9 percent direct and indirect ownership. The increase is the result of converting an additional $6.2 million in MesoCoat investment into equity and exchanging 21 percent of ownership in Powdermet for 65.3 percent of Powdermet’s shares of MesoCoat.

LISBON, Portugal (May 30, 2014) — Sociedade Central de Cervejas e Bebidas (SCC), a brewery in Vialonga near Lisbon, Portugal, has significantly reduced water usage by improving operating performance and reliability with help from GE’s advanced membranes and water chemical technology. The site reused wastewater to its cooling towers, which enabled it to reduce its yearly water discharge by 72 million liters and reduce its annual fresh water consumption by the same amount.