China
Wolong Sets up Subsidiary Company in Wuhu
Wolong Electric, a wholly owned subsidiary company of the Wolong Group with a registered capital of RMB 50 million (about US$ 7.7 million), has been set up in the Anhui Xinwu Economic Development Zone. Before Wolong Electric, the Wolong Household Motor subsidiary company was set up by Wolong Household Electronic Appliance in Zhejiang and was put into operation in May 2011. Wolong Household Motor, ...
Haier to Invest in New Fridge and Freezer Plants
Qingdao Haier is to invest RMB 1.04 billion (about US$ 160 million) in construction of new appliance plants in Guangdong and Liaoning Provinces and also to establish the Foshan Haier Electric Freezer subsidiary to manufacture up to 2 million high-efficiency freezers annually. The freezer plant will cost about US$ 63 million and start running by the beginning of 2012. Foshan Haier products will be ...
Juhua Establishes Sino- Russian Fluorochemicals Joint R&D Ce
From May 18 to 28, Jiang Shenghan, general manager of the Juhua Group, headed a Juhua delegation to Russia. On May 19, the unveiling ceremony for the Sino-Russian Fluorochemicals Joint R&D Center has been held at the Russian National Applied Chemistry Research Center. The delegation shared their ideas with members from the Russian National Applied Chemistry Research Center and the Chinese Cons...
Beijing to Launch Subsidies for Energy-saving Acs
On June 9, the Beijing Municipal Commission of Development and Reform revealed that the city will launch a subsidy program for energy-saving household appliances above energyefficiency standard II in the second half of the year. Three types of household appliances are included in the program, i.e., air conditioners, water heaters and TVs. The amount of subsidy varies with each product. Acco...
ebm-papst Expands Capacity for GreenTech EC Fans in China
The ebm-papst Group has significantly increased its capacity in China. At the start of June, the company officially inaugurated and put seven new company sites into operation in Shanghai. There are several reasons for the Chinese subsidiary’s expansion, which has increased its physical space by about 18,000 m2. “We are taking into account the growing importance of the Asian market and produ...
Chinese Appliance Companies Head for Global Markets
— Competition Heated in Emerging Markets Even though more than half of the 2011 air conditioner sales season has passed and increased production costs are narrowing profit margins, leading Chin...
China with Mass Production Start for January 2013
Factory in July 19, 2011 - Promoting the Use of Fluoroelastomers in the Field of Automotives - Daikin Industries, Ltd. has decided to establish a new production facility for the fluoroelastomer DAI-EL at the Changshu Factory of its subsidiary Daikin Fluorochemicals (China) Co., Ltd. (Headquarters: Changshu, Jiangsu), a company that manufactures and sells fluorochemical products in China. Mass prod...
New Chinese CO2 heat pump standard
2011-07-14 On 1 June 2011 a new Chinese CO2 heat pump standard was formally implemented. Standard GB/T26181-2010 is for hermetic motor-compressors for household and similar use heat pump water heaters...
World's First Production Line of Split AC with R290 Put into
The world’s first hydrocarbon refrigerant R290 (commonly known as "propane") split air conditioner model production line was completed in Gree and passed the site inspection held by joint group of exp...
Groupe SEB Approved to Increase Ownership of China's Supor
Jul 8, 2011 Groupe SEB, maker of small appliances, received Chinese authorization to increase its interest in Supor to 71.31% of the capital, which follows the terms of an agreement signed in February with Supor’s founding shareholders. The proposed share purchase was approved by 99.84% of Supor’s free-float shareholders, who have the exclusive right to vote on this type of transaction. The...
