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A new company - Kirloskar Chillers Pvt. Ltd. - gets started
After the acquisition by Daikin, Japan of OYL Industries, Malaysia which owned McQuay International, USA, the new owners have decided to follow their own path of business development in India. One of the results is the breakup of Kirloskar and McQuay’s joint venture company in Pune (Kirloskar-McQuay...
Matsushita to Close its AC Factory in India
Matsushita Electric Industrial Co., Ltd. (MEI), best known for its Panasonic brand, announced in August plans to begin closing/liquidation procedures for its consolidated subsidiary Matsushita Air- Conditioning India Private Limited (MAI).MAI, which has been manufacturing and selling window-type roo...
India in energy saving mode
According to British Petroleum’s (BP) Statistical Review of World Energy 2006, oil consumption in India dropped by 3.5% last year. Sounds incredible but BP is known to be very meticulous with their numbers. The saving of 3.5% converts to 5 million tonnes, enough to keep the country running for two w...
EBARA of Japan to market Absorption Chillers in India
Kirloskar Pneumatic Co. Ltd. (KPCL) has fomally announced its partnership with Ebara Refrigeration Equipments Systems, Japan for marketing Vapour Absorption Chillers (VAC) in India and Sri Lanka.A product launch was organised by KPCL from 3-7-2006 to 8-7-2006 covering major cities of New Delhi, Ahm...
Blue Star ties up with ISA, Italy for supermarket refrigeration equipment
The success of malls all over India and the shopping experience that they provide to the consumer has encouraged large and mid-sized Indian corporates to take the next step and establish a chain of supermarkets that will give consumers a new “high” shopping for their daily needs of fresh vegetables,...
Cancoil of Canada ties up with Indian company
Cancoil Thermal Corp., which designs, manufactures and markets commercial and industrial refrigeration and environmental control equipment, has signed a $7 million contract with SKMC International Pvt. Ltd. of New Delhi to build a manufacturing plant to produce Cancoil’s equipment in India. The plan...
Thermax wins it’s largest order for Absorption Chillers
Thermax, the oldest and largest manufacturer of absorption chillers in India, has recently received it’s largest single chiller order worth Rs 11 crores($ 2.4 million). The chillers are to be supplied to The Eastern Petrochemical Company, Saudi Arabia, commonly known as SHARQ. The company is equally...
Carrier Aircon & Carrier Refrigeration to merge in India
With Carrier’s operations in India showing significant improvement over the last 18 months, a platform for future growth is being laid by merging the two separate Carrier entities in India. Formalities for the merger will be completed by the end of this year.The objective is to leverage synergies wh...
Kirloskar exits Copeland JV
Kirloskar Brothers has decided to exit from Kirloskar Copeland Ltd., its joint venture with US-based Copeland Corporation, the leading manufacturer of air conditioning and refrigeration compressors in the world in terms of total sales value. The Pune-based manufacturer of pumps has decided to divest...
Tallest residential building in India to be fully air conditioned
SD Corporation, Mumbai, is constructing the Tardeo twin towers, each 60 storeyed, in south Mumbai. Each tower will have 120 apartments with a variety of 2.5, 3, 4 or 5 bed rooms as well as a duplex and a penthouse with an area of 20,000 sq ft.The air conditioning system will consist of multiple spli...
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