JARN News
EPEE Holds Modelling the EU HFC Phase-down Event during UN M
On July 12, 2022, the European Partnership for Energy and the Environment (EPEE) held a side event during the 44th Open Ended Working Group (OEWG) of the United Nations Environment Programme (UNEP) in...
AC Market Special: Contributions-Brazil
Reported by ABRAVA, Brazilian Association for HVAC&R Economic Scenarios In 2021, Brazilian economic activities recovered. After a sharp 3.9% drop in 2020, Brazilian gross domestic product (GDP...
AC Market Special: Contributions-India
By Rakesh Kumar, consulting editor, ISHRAE Journal Economy and Market Trends India’s gross domestic product (GDP) growth in fiscal year (FY) 2021–2022 is estimated at 8.6%. Durin...
Toshiba China Receives Global Business Division Minister Awa
On June 22, thanks to its outstanding sales performance, Toshiba Carrier Air-conditioning Sales (Shanghai) was honored with the Global Business Division Minister Award. &n...
High Temperatures Hit Most Regions in China, Leading to Hot
From June to July 12, 2022, China has seen its high temperature days increase to 5.3 days, 2.4 days longer than usual when compared year on year. This is a record high for the same period of time sinc...
AVIC Electromechanical Plans Divestiture of QingAn Refrigera
On June 28, AVIC Electromechanical Systems announced that the company will not integrate QingAn Refrigeration Equipment and AVIC Electromechanical (Shenyang) Sanyo Refrigeration Equipment in a newly designed merge. It has adjusted the plan to have QingAn Group acquire additional shares of Beijing Hanghua at a cost of 51% of the shares of QingAn Refrigeration. After the completion of this transacti...
Hailin Exports 60, 000 Units of Thermostats in Single Day
Beijing Hailin Control Technology has not only achieved accelerated business growth in the Chinese market, but it has also received attention and recognition from overseas customers. Recently, thermos...
Electrolux Re-enters Indian Market
Swedish home appliances manufacturer Electrolux announced on July 12 the launch of its first experience center in India, marking the re-entry of the company that had divested its India business in 200...
LG Become s Market Leader in Dual Inverter AC
LG Electronics announced on July 15 that it has sold over one million dual inverter air conditioners in India during the January to June 2022 period, which has helped it to become the leader in the du...
Danfoss’ Climate Targets Receive Approval from SBTi
Danfoss announced on July 18 that its science-based targets have been approved by the Science Based Targets initiative (SBTi), a collaboration between CDP, the United Nations Global Compact (UNGC), Wo...
