China
Carbon capture and storage has great potential in industrial
20 September 2011 CCS is a cost-effective option for reducing CO2 emissions, IEA and UNIDO say in joint report A new technology roadmap on Carbon Capture and Storage in Industrial Applications, relea...
Gree Multi-function Integrative Floor Heating Central AC Rel
At the evaluation meeting of the ‘Gree multi-function integrative floor heating central air conditioner’ held by China National Light Industry Council (CNLIC), the product co-developed by Gree and Sou...
Changhong Sales Target RMB 100 Billion by 2013
Changhong (Sichuan) has announced that the company will target a sales income of RMB 100 billion (about US$ 15.6 billion) and net assets of RMB 40 billion (about US$ 6.3 billion) by 2013. By 2015, the...
Phnix Heat Pumps Wins Contracts in UAE
Phnix Heat Pumps was recently awarded several swimming pool projects in Abu Dhabi, Dubai and Sharjah despite of fierce international competition. According to Phnix’s regional manager for the Middle E...
Shanghai Government Stipulates Cleanup of Central AC Systems
The city government of Shanghai announced on August 14 that the Regulation on the Sanitation of Central Air Conditioning Ventilation Systems of Shanghai City will become effective on December 1, 2011. According to the government, the regulation declares that relevant administrative departments are responsible for maintaining the sanitation of the central air conditioning systems and should inspect...
Rechi to Invest US$ 30 Million to Boost Compressor Productio
To meet the increasing demand for compressors from Chinese home appliance manufacturers such as TCL and Haier and from Japanese manufacturers such as Sharp, Rechi Precision will invest over US$ 30 mil...
Johnson Controls Exhibits at Frozen and Refrigerated Food In
On August 19, Johnson Controls, a world-leading building efficiency supplier, exhibited at the ‘Fourth China Frozen and Refrigerated Food Industry Expo’ in Zhengzhou, Henan Province. York Refrigeratio...
Samsung New Models to Compete in China’s Highend Inverter AC
Samsung has launched several new air conditioner models in 2011 to compete in China’s high-end inverter air conditioner market. After the success of the ‘Venice’ series, the company recently launched ...
Midea to Take Stake in Carrier Latin America
Midea is reported to have agreed to pay around US$ 223 million for a 51% stake in Carrier’s air conditioning interests in Latin America, further extending the co-operation between the Chinese air conditioner manufacturer and the U.S. giant. Carrier will retain the remaining 49% stake in its Latin American assets, which include Springer Carrier Ltd. and Climazon Industrial Ltd. in Brazil, th...
Shuangliang’s Absorption Chillers Grow by 20% in First Half
According to its recently announced half-year financial report, Shuangliang recorded sales revenue of RMB 2.5 billion (US$ 390 million), 28.55% higher than the same period last year. Sales of LiBr hea...
