Headline News Volume 505
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eJARN.com Headline News
Date: Nov 15, 2019, Volume 505
( http://www.ejarn.com )
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<Oct Regular edition>
1. Trane Acquires Arctic, a Manufacturer of Premier Efficiency Cooling Solutions
On September 13, 2019, Trane announced that it has acquired Arctic Chiller Group, a Canadian-based HVAC manufacturer, specializing in high efficiency air- and water cooled, modular and process chillers for commercial HVAC and process cooling applications. Arctic Chiller Group operates from locations in Ontario, Canada, and Newberry, South Carolina, the United States. The Arctic Chiller Group acquisition is consistent with Trane’s focus on energy efficiency and sustainability.
Oct Regular page 28
https://www.ejarn.com/detail.php?id=60309&l_id=
2. Japanese AC Manufacturers Further Strengthen Technical Capabilities
According to the Development Bank of Japan (DBJ), domestic capital investment in fiscal year 2019 (end of March 2020) is planned to achieve double-digit growth in both the manufacturing and non-manufacturing industries, with an increase of 11.5% across all industries excluding power industry. A similar trend is seen in the heating, ventilation, and air conditioning (HVAC) industry. In recent years, Japanese air conditioning manufacturers have been focusing on the construction of new research and technology facilities for the purpose of strengthening technical capabilities, expanding business, and creating new value.
Oct Regular page 32
https://www.ejarn.com/detail.php?id=60344&l_id=
3. LU-VE: Spirotech Wins Award as One of India’s Best Exporters
LU-VE has confirmed its position of excellence in Indian exporting through its subsidiary company Spirotech, which specializes in the production of heat exchangers for domestic appliances, refrigeration and air conditioning. Spirotech Heat Exchangers, based in Bhiwadi, Rajasthan, has received a ‘National Award for Export Excellence’ for being one of the best Indian exporters in the engineering field.
Oct Regular page 32
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4. ICR2019 – The Ideal Platform to Take Stock of the Historic Kigali Amendment to the Montreal Protocol
The 25th ICR2019 was successfully staged in Montreal, Canada, on August 24–30. JARN participated in the congress as a media partner, and seized the opportunity to interview and exchange a wide range of information with frontline engineers and researchers. With ‘Refrigeration for Human Health and Future Prosperity’ as overarching theme, this 25th edition of the congress dealt with current issues such as energy saving, energy efficiency, food supply, health, reduction of global warming, and protection of the ozone layer.
Oct Regular page 38
https://www.ejarn.com/detail.php?id=60360&l_id=
5. Reciprocating Compressors Show Good Sales Performance
According to statistics from dianqiweikan, hermetic reciprocating compressors had good sales performance in the first half of 2019, with cumulative sales of 93.61 million units and a 8.4% year-on-year growth, a solid increase when compared with the 6.3% growth rate in 2018. According to statistics from hibor.com, the export volume of hermetic reciprocating compressors maintained strong growth in the first half of 2019, with a cumulative volume of 34.09 million units and a 16.4% year-on-year growth rate.
Oct Regular page 53
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