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NGK SPARK PLUG CO., LTD. and Mitsubishi Hitachi Power Systems, Ltd. established CECYLLS Co., Ltd. on January 29, 2020, to manufacture and sell cylindrical cell stacks for solid oxide fuel cells (SOFC). The joint venture will utilize NGK's ceramic mass production technologies.
“The new company will utilize NTK's mass production technologies of ceramics to produce and sell MHPS' cylindrical cell stacks that feature long-life and efficient heat utilization capabilities.”nasdaq.com
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