China
Price Margin Narrows between Non-Inverter and Inverter ACs
Since the subsidy of the Energy-saving Products Waste Management Project was due on May 31, the price margin between non-inverter and inverter air conditioners has narrowed. Industry experts said the smaller price margin promotes the sales of inverter air conditioners, and inverter air conditioners have become the priority choice for most consumers.The energy saving subsidy for household air condi...
LG Centrifugal Chiller Wins Big Project in Hefei
LG AC recently won the contract for the Rainbow Blue Light LED Project in Hefei. In the first phase of the project, LG AC will supply seven doublestage centrifugal chillers, with three of them contain...
Chigo VRF Wins Government Procurement Contracts
The list of winners for the Central Government Agency Air Conditioner Collective Procurement Project 2011 was announced on May 13. Chigo Air Conditioning won a contract with its CMV-V DC VRF multi-spl...
Midea Phase III Production Base Puts into Operation in Chong
Midea Central Air Conditioning held a ceremony on May 30 to celebrate the completion of the third phase of its production base in Chongqing. More than 100 visitors, including government officials, ind...
TCL to Join the Competition of Inverter AC Market
TCL said it would launch a complete series of high-, middle- and low-end inverter products to strengthen its market competitiveness. TCL air conditioners used to offer a few inverter products. However...
Nonferrous Metal Develops Finest Copper Pipe
After having successfully developing 7mm diameter internal copper pipe, the China Nonferrous Metal Mining Group (CNMC) is actively developing a 5mm diameter internal copper pipe, the finest internal c...
Inverter Compressor Exports Double in 1Q
According to statistics from chinaiol. com, the export of inverter compressors during January and March in 2011 totaled 893,000 units, an increase of 100% compared to the first quarter of 2010. Panasonic, Highly, Mitsubishi Electric, Daikin and Samsung are the major exporters, and Japan is one of the biggest importers of inverter compressors. The jump in compressor exports is mainly due to the inc...
Hefei Rongshida Sanyo to Build Refrigerator Factory
Hefei Rongshida Sanyo announced on May 24 that the proposal to invest in refrigerator production has been approved at the shareholders’ conference. The company will use its 36.2 acres of land to build refrigerator factories in Hefei Sanyo Electrical and Mechanical Industrial Park in the Nangang High-tech Development Zone. The project, with an investment of RMB 637 million (about US$ 98 million), w...
High-power Rotary Compressor Increases
The high-power rotary compressor supply has seen remarkable increases recently, especially with 3 hp and 5 hp products. Major manufacturers, including Shanghai Hitachi, China Resources (Shenyang) Sany...
Sojitz to Establish Seafood Production and Processing Base i
Representatives from the Japan Association for the Promotion of International Trade and Sojitz have visited Dalian, Liaoning Province. On May 22, Xia Deren, mayor of Dalian, met the representatives in the Dalian Hotel. Sojitz intends to set up a seafood production and processing base in Pikou Industrial Park in Pulandian City, cooperating with the Dalian Zhangzidao Fishery Group. The project, with...
