JARN News

2023.07.14

Labor Day Holiday Promotion Yields AC Retail Value of RMB 12

According to statistics from AVC released on May 15, air conditioner sales saw a combined retail value of RMB 12.2 billion (about US$ 1.72 billion) during the Labor Day holiday, showing 32.4% year-on-year growth; the retail volume was 3.2 million units, rising by 24.3% year on year. As for prices, the first quarter saw intensified online competition; however, prices continued to rise, even during ...

2023.07.14

Jiangxi Supply and Distribution Cold Chain Logistics Park Be

Jiangxi supply and distribution cold chain logistics park began operations before the Labor Day holiday. It is the 14th distribution center of the Guangdong-Hong Kong-Macao Greater Bay Area ‘Vegetable Basket’ project. Boasting a total investment of RMB 1 billion (about US$ 143.8 million), the project includes cold storage areas of 48,000 m2 and a storage volume of 37,000 tons. The proj...

2023.07.14

Air Conditioner Prices Return to Pre-Q1 2023 Price War Level

The first quarter of 2023 has seen manufacturers actively scheduling production and stocking, and delivery volumes in February and March reached 41.5% and 18.5% year on year, respectively. According to AVC, home appliance manufacturers seized upstream core resources in March, and upstream manufacturers, including compressor manufacturers, have seen full orders. According AVC full channel overal...

2023.07.14

JSW: contract secured for Thamesview house

Jun 6, 2023   J S Wright has secured a deal worth more than £2.5 million for a major new development of all-affordable housing in Surrey.   The company is to design and build t...

2023.07.13

Vaillant to Provide aroTherm ATW Heat Pumps to Grocery Store

Vaillant has been awarded a new partnership agreement to provide its aroTherm plus air-to-water (ATW) heat pumps to Aldi grocery stores across the United Kingdom. Since 2016, Vaillant has supported...

2023.07.13

Clivet Inaugurates New European Hub in Milan-Bicocca

In May, Clivet opened its new European hub at the innovative, eco-sustainable SuperLab Bicocca in Milan. Located on the first floor of the ‘horizontal skyscraper’, the new Clivet headquart...

2023.07.13

Industry Teams up for Energy Efficient Building Renovation i

Two-thirds of the 43.6 million dwellings in single-and multi-family houses in Central and Eastern European (CEE) countries are more than 30 years old, according to EU Building Stock Observatory, and a...

2023.07.13

Godrej Appliances Launches Leak-proof Split AC

Godrej Appliances has launched India’s first leak-proof split air conditioner with anti-leak technology and has filed a patent for it. This pioneering innovation promises to solve a host of problems being faced by air conditioner consumers today. Water leakage from an air conditioner inside the home is a common problem faced by consumers. An estimated 85% of air conditioner consumers suff...

2023.07.13

Successful Conclusion of the 14th IEA Heat Pump Conference i

The 14th International Energy Agency (IEA) Heat Pump Conference, held in Chicago under the theme ‘Heat Pumps – Resilient and Efficient,’ concluded on a high note with a resounding ca...

2023.07.12

LG Opens Business Innovation Center in Mumbai

LG System Airconditioning Division held an opening ceremony for its Business Innovation Center (BIC) at Mumbai on April 20. The event was attended by well-known architects, HVAC consultants, and some ...