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Japanese Manufacturers Accelerate Investment in Southeast Asia
As ASEAN economic integration deepens, new development opportunities are opening up for the manufacturing industry of Southeast Asia. According to the latest report released by the Asian Development Bank, despite weak global economic growth, Southeast Asia is projected to grow by 4.5% and 4.8% in 20.../images/up/News/201722122483259546.jpg
Daikin Aiming at No.1 Slot in Air Filter Market
On the heels of the acquisition of major U.S. air filter company Flanders in April 2016, Daikin acquired Dinair, a Swedish air filter manufacturer, via American Air Filter (AAF), a Daikin subsidiary involved in the filter business, in December 2016. Air filters are used to remove objects, particl.../images/up/News/201712615272445364.jpg
Relaxing Regulations, Japan Builds Momentum for Mildly Flammable Refrigerants
--Report of the Kobe Symposium 2016 Held once every two years and organized by the Japan Refrigeration and Air Conditioning Industry Association (JRAIA), the International Symposium on New Refrigerants and Environ-mental Technology 2016 (Kobe Symposium 2016) successfully concluded on December 2 in .../images/up/News/201612212144560369.jpg
Panasonic’s Passion for Building Solutions
-- New Strategic Partnership with Schneider Electric During Chillventa held in Germany this October, Panasonic announced a global strategic partnership with Schneider Electric, the global specialist in energy management and automation. The partnership between the two companies is intended to real.../images/up/News/2016112518111665464.jpg
MHI Targets Global Top in Thermal Solutions Business
Mitsubishi Heavy Industries (MHI) split off its air conditioning and refrigeration (ACR) business to its new wholly owned group company, Mitsubishi Heavy Industries Thermal Systems, effective October 1, 2016. The ACR business has reputation in its wide product lineup covering centrifugal chillers, h.../images/up/News/2016102011483613404.jpg
African AC Market Begins to Shine
-- Egypt, Foothold to Surrounding Countries The African air conditioner market remained mostly flat during a three-year period from 2012 to 2015 in which it experienced less than 5% growth from 2.42 million units to 2.53 million units, according to the Japan Refrigeration and Air Conditioning I.../images/up/News/20169221827231460.jpg
Hot European Summer Spurs RAC Demand
Review of the Global AC Market in the First Half of 2016 Several regions around the world are being visited by heat waves this year. Europe is expected to have a hotter-than-usual summer this year, following the hot weather experienced last year. Room air conditioners (RACs) started selling in .../images/up/News/20168241182826453.jpg
Midea to Acquire Clivet to Reinforce Its Commercial AC Strategy
Another chiller manufacturer acquisition may spark hot competition in the European commercial air conditioner market. Asian manufacturers are ramping up the pace of integration with European manufacturers. Following Mitsubishi Electric’s acquisition of Climaveneta last December, Chinese air condi.../images/up/News/20167219491094296.jpg
Japanese RAC Sales Soar amid Scorching Temps in Southeast Asia and India
Southeast Asia and India have been experiencing record-setting heat since April. Thailand sweltered under the hottest heat wave to hit the country in the last 65 years, with some places recording temperatures near 45oC at the end of April. Malaysia, Singapore, and Vietnam have seen temperatures near.../images/up/News/201662112243848554.jpg
New Technologies Drive the Market
-- Report on the 27th CRH, Beijing Large scale production has encountered bottlenecks at a developmental level, and many air conditioner manufacturers are looking to upgrade their technology. The 27th International Exhibition for Refrigeration, Airconditioning, Heating and Ventilation, Frozen Food .../images/up/News/20165200115740575.jpg