Headline News Volume 731
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eJARN.com Headline News
Date: June 12, 2024, Volume 731
( http://www.ejarn.com )
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< May Regular edition>
1. China Accelerates Decarbonization— Report on CR 2024 in Beijing
In the global heating, ventilation, air conditioning, and refrigeration (HVAC&R) industry, China has grown from a large market to a major manufacturing base, firmly establishing its leading position. And now, it is obvious that China is accelerating HVAC&R decarbonization, judging from the active promotion of heat pump technology and an array of products adopting natural refrigerants showcased at CR 2024.
May Regular page 1
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2. U.S. DOE Promoting Heat Pump Rooftops for Commercial Buildings
DOE is seeking to replace natural gas-driven conventional packaged rooftop units with high-efficiency heat pump packaged rooftop units. Heat pump adoption in commercial buildings in the United States stands at less than 15% currently, and is particularly low in cold regions.
May Regular page12
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3. EPEE Aims to Achieve Healthy & Smooth Heat Pump Industry Growth in Europe
In November 2023, JARN interviewed Russell Patten, who became the new director-general in November 2022 of the European Partnership for Energy and the Environment (EPEE) that represents the refrigeration, air conditioning, and heat pump industry in Europe. He provided valuable insights into the European Union’s (EU’s) F-gas Regulation which was being revised at the time of the interview but which is now finally adopted and come into force, regarding EPEE’ future vision, etc.
May Regular page 14
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4. Sweltering Summer May Lead to Doubledigit Growth in AC Sales
The India Meteorological Department (IMD) forecasted that India could witness higher-than-normal heat waves in the April to June period. Air conditioner companies typically report strong sales in the March to June quarter, and that trend is expected to continue this year too. Sales of air conditioners had witnessed a relatively slow start, contrary to expectations, but manufacturers are confident of registering double-digit growth to cross the 11.5-million unit sales mark during the fiscal year (FY) ending March 2025.
May Regular page 16
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5. Chinese Brands Speed up Manufacturing in Thailand
Tariff barriers due to the trade friction between China and the United States have had a major impact on the industrial chain. Since 2019, the U.S. tariff on air conditioners imported from China has risen from 2.2 to 25%. Chinese companies have responded by shifting some of their air conditioning manufacturing capacity from China to Thailand and Indonesia, which will help maintain exports to the United States while taking into account the Southeast Asian market.
May Regular page 30
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