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Danfoss-Turbocor High-Efficiency Compressor Joint Venture
Denmark-based Danfoss A/S and Montreal-based Turbocor Inc. last month announced the formation of a 50/50 joint venture to be named Danfoss Turbocor Compressors Inc. (as reported briefly in the July issue of JARN). The new company was formed with Turbocor’s existing product line of oil-free centrifug...
HVAC Asia 2004 Singapore
Also called the “Garden City,” “Clean Green City” or “Miniature of Asia,” Singapore is a very attractive city really worthy of that name. In this modern and vibrant city, the 5th HVAC Asia 2004 Expo., the largest HVAC industry event in Southeast Asia, was held from July 6 to 9, under the sponsorshi...
International Alliance
In 1999, Midea and Toshiba Carrier already tied up for rotary compressor production and established a JV company, GMCC (Guangdong Meizhi Compressor Co.). In April this year, they established a second JV, Guangdong Meizhi Precision Co. (GMPC) (refer to page 26, JARN May ‘04 edition) with 60% of its c...
National Alliance Hitachi and MHI Agree to Integrate AC&R Operations
Hitachi, Ltd., Mitsubishi Heavy Industries, Ltd. and Hitachi Air Conditioning Systems Co., Ltd., a subsidiary of Hitachi, has reached a basic agreement aimed at strengthening air-conditioning and refrigeration operations. The agreement calls for MHI’s Air-Conditioning Refrigeration Systems Headquar...
International Alliance Toshiba Carrier and Midea Agree on AC Production in China
“To achieve higher and more stable profit level” seems the common target for Toshiba Carrier and Midea. After a few years of negotiation, Toshiba Carrier Corp. reached a basic agreement with Guangdong Midea Electric Appliances Co., a major home appliance maker in China, on investment in Midea’s air ...
Mostra Convegno Expocomfort 2004 – An international show of HVAC equipment in Milan, Italy –
The 34th edition of Mostra Convegno Expocomfort – the international biennial exhibition dedicated to heating, air conditioning, refrigeration, plumbing technology, water treatment and bathroom fittings – has closed with extraordinary success, especially from the point of view of international exposu...
Rising Material Cost Impacts on Industry
Raw material prices are soaring throughout the world. The tension in the Middle East is causing the crude oil price to rise, and although the Minister of Oil in Saudi Arabia has recently called on the OPEC to increase production of crude oil, it is generally anticipated that the oil price will remai...
Toshiba Carrier and Midea to Establish Compressor J.V.
Toshiba Carrier and Guangdong Midea Group, a major home electrical appliance maker in China, announced officially on April 8 that they agreed to establish a joint venture company producing compressors. They intend to construct a factory capable of producing 3 million units/year by investing some ¥4 ...
China Refrigeration 2004 Expo
The 15th International Exhibition for Refrigeration, Air conditioning, Heating and Ventilation, Frozen Food Processing, Packing and Storage ( CR 2004 ) was held at the Shanghai New International Expo Center (SNIEC) in Pudong, Shanghai, China from April 8th to 10th. CR2004 was one the most internatio...
ENEX 2004 Energy Saving Expo Held in Tokyo
Japan’s only energy saving/new energy expo “ENEX 2004” (28th Global Environment Energy Harmony Expo) was held under the sponsorship of the Energy Conservation Center, Japan, from February 12-14 at the Big Sight in Tokyo. It was visited by 55,499 people during the 3-day period, according to the orga...