China
Chongqing WSHP Passes Assessment
The Chongqing-led National 11th Five-year Science and Technology Pillar Plan for the ‘Yangtse River Upriver Surface Water-source Heat Pump System High Efficient Application Key Technology Research and Demonstration’ project has passed the assessment from experts of the science and technology department. The success of this project will further promote the application of heat pump systems in people...
Mitsubishi Electric Compressor Breaks Through 60 Million-uni
May 18, 2012 was the 16th anniversary of the establishment of the Mitsubishi Electric (Guangzhou) Compressor (MGC). The manufacturing capacity of MGC broke through 60 million units on April 27, which ...
Dalian Refrigeration Grew Over 20% in 2011
Dalian Refrigeration’s sales revenue in 2011 was RMB 1.86 billion (US$ 295 million), a 25% year-on-year growth. Within the reporting period, Dalian Refrigeration seized the cold chain logistics market...
TCL Grows Agains t Challenging Market Situation
As released by TCL, the company is enjoying growth even under the current market downturn. Since the beginning of 2012, TCL has maintained stable growth. In the first quarter, when air conditioner sal...
Gree Realizes RMB 83.5 Billion in Sales
Gree realized growing sales during the market downturn. In 2011, it maintained its growth momentum with sales revenue of RMB 83.5 billion (US$ 13.1 billion), a 37% year-on-year growth. On Decem...
Maersk to Build Refrigeration Container Bases in China and C
Recently, the Maersk Group invested US$ 170 million to build its refrigeration container manufacturing base in Chile. Additionally, the Maersk Group has invested in cold chain logistics infrastructure construction in Qingdao, China. Currently, the manufacturing base in Qingdao enjoys an annual manufacturing capacity of 41,000 refrigeration containers and 37,000 refrigerators, and the annual manufa...
Dunan Wins HVAC system for Nuclear Power Plant
As released in the Zhejiang Dunan Artificial Environmental Equipment Repor t on May 10, the company signed a contract with the China National Nuclear Corporation and the China Nuclear Engineering Comp...
VRFs Lead Shanghai’s Central AC market
According to industrial statistics, the total central air conditioner market size in Shanghai in 2011 is estimated to be RMB 6 billion (US$ 937 million), a 9% year-on-year growth. Out of this, VRFs accounted for about 57% of the market, or RMB 3.4 billion (US$ 531 million). Compared with other regional markets, the growth rate of Shanghai’s central air conditioner market in 2011 was relativ...
Dong Mingzhu Elected Chairman and President of Gree
Gree announced that Dong Mingzhu was unanimously elected as chairman of the Board, and reappointed as president of Gree Electric on May 29, 2012, after the new session of the board of directors of the...
HCFCs Phase-out Speeds Up Globally
-- Review on Ozone2Climate Industry Roundtable, Beijing On April 12, 2012, key industry experts and senior government officers from China, Japan, and the United States together with refrigerati...
