China
Refrigerator Compressor Sales Slow
According to industry statistics, in the first half of 2011, sales of domestic home appliances reached RMB 612.3 billion, a 12.8% increase compared with the first half of 2010. This year’s growth rate...
Honeywell and Sinochem Announce Formation of JV in China
Honeywell and Sinochem Group announced that they have signed an agreement to form a 50/50 joint venture to produce and sell blowing agents for energy efficient foam insulation in China to meet growing...
Midea Launches Watersource Heat Pump VRFs
The Chinese VRF market has enjoyed rapid development, and experts estimate that it composes half of the overall global market. In addition to local production in China by Japanese and Korean manufactu...
Withdrawal of Incentive Policy to Impact Small and Medium Co
Recently, the withdrawal of the ‘Home Appliances Going to the Countryside Policy’ became the focus of the Chinese appliance market. Since the enforcement of the policy, major home appliance manufacturers nearly completed distribution channel construction and brand promotion in rural areas and established solid marketing foundations in the countryside. In addition, since the withdrawal of the polic...
McQuay: 20 Years in China
McQuay was established in 1872 in Minnesota, the United States, and after 139 years, it currently operates 13 factories with over 10,000 employees worldwide. Its products cover heating, ventilation, a...
Mid-range ACs Become Consumption Trend
According to relevant statistics, for the first three quarters in 2011, the sales volume of residential air conditioners increased by a mere 7%, a significant drop from the 25% of the same period in 2010. However, sales revenue grew by 22% compared with that of the same period last year. Although the sales volume of residential air conditioners continued to grow during recent years, the growth rat...
Pessimistic Outlook for AC Industry
It is expected that air conditioner sales growth in the fourth quarter of 2011 will slow. Although sales were mild during the October holidays centering on China National Day, they still rose slightly, and future sales growth will mainly come from heating demand and from spring vacation promotions. The government-subsidized housing project and affordable housing project markets will also create so...
Purification Technology Development and Trend Forum Held in
The 2011 Purification Technology Development and Trend Forum, organized by the Institute of Building Environment and Energy Efficiency at the China Academy of Building Research, was held in Shanghai o...
Rechi to Invest in New Production Line
According to Rechi, the company’s production capacity for air conditioner compressors this year reached 11 million units and is expected to increase to around 15 million units next year. Since the demand for compressors from major Chinese air conditioner manufacturers was very strong, the current capacity was insufficient to meet customer demand. Rechi will invest NTD 2 billion (US$ 67 million) to...
Raching and Embraco to Cooperate on Wine Cabinet
Raching, the leading Chinese manufacturer of sol id wood constanttemperature wine cabinets, recently signed a partnership agreement with Embraco, the world-class compressor manufacturer. Embraco will supply the medium and high back pressure compressors for all series of constanttemperature wine cabinets manufactured by Raching.cialiscialislevitraorder generic levitraorder generic levitralevitra si...
Wolong and Whirlpool Enter Micro Motor Collaboration
Wolong Electric Group’s micro motor business unit recently entered into an agreement with its major customer Whirlpool to supply an average of 2,500 units/day from Wolong’s five product models. Since the start of 2009, Wolong micro motor business unit has been cooperating with Whirlpool. This year, the cooperation was further strengthened by supplying 2,500 units a day on average from Wolon...
Highly Receives Two Awards
Winners of the 2011 China International Industry Fair were announced in Shanghai on November 5. After several rounds of reviews including the initial, material, product and final reviews by the award ...
