CFM International owners GE and Safran have formed a joint venture with Japan’s Nippon Carbon Co. to make and sell silicon carbide (SiC) continuous fiber. The new joint venture, NGS Advanced Fibers, will be headquartered in Chuo-ku, Tokyo with facilities in Toyama-shi, Toyama in Japan. Nippon Carbon will have a 50% share in the new joint venture and GE and Safran will each have a 25% share. SiC is an important material in CFM’s next-generation engine components. The ...

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