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July 31 - Samsung Holds Leading Share in Italian Market

According to a Korean newspaper, Samsung held the leading share in the Italian air conditioner (AC) market last year for the second consecutive year, surpassing local manufacturers such as De'Longhi and Argo.
Mr. Yu DuYoung, executive director of Daniele Grassi, Samsung's Italian subsidiary, commented, "We have achieved successful results by adhering to our premium policy for high-end products, not yielding to the price decreases to challenge the advent of Chinese lowend products." "Such successful cases have become a benchmark in France, Spain, etc." he added. He also said, "We expect that our 11 models will achieve No. 1 sales in the Italian market where we started with 8 models in 2003." Samsung also plans to develop marketing activities linked to the Winter Olympics in 2006, jointly with TIM, Italy's largest mobile communication company.
Samsung, accordingo to the news, has also recorded No. 1 shares in such segments as LCD TV, PDP TV, digital CCD and double-door refrigerators in the Italian market which is a habitat for brand products. Thus, Samsung products have achieved success as brand products in Italy where shops for world-famous brands such as Gucci and Ferragamo stand side by side.

July 30 - Ground Source Heat Pump System in Nanjing

The construction of a garden building park, a sample project of Sino-US cooperation on soil-air ground source heat pump, has recently been finished in Nanjing.
The park has 24 buildings and its floor space is about 135,000 square meters.
All the construction was implemented by WFI International, Inc from the United States. The energy needed for the system is supplied by the soil air at a depth of about 70 meters underground..
Ground source heat pumps (GSHP) provide a new and clean way of heating buildings. They make use of renewable energy stored in the ground, providing one of the most energy- efficient ways of heating buildings..
National Development and Reform Commission of China has listed Jiangsu as one of the four pilot provinces of renewable energy utilization.
GSHP is also listed in the "11th Five- Year Plan on Energy Development" of Jiangsu province.
Typically GSHP systems cost more to install than conventional systems; however, they have very low maintenance costs and can be expected to provide reliable and environmentally friendly heating for over 20 years. For example, although it will cost 100,000 yuan and 140,000 yuan respectively to install central air-conditioning system and GSHP system for a 300 square meter building, the investment on the two systems will be equal after only 5 years..
As for the equipment, the polyethylene heat exchange tube the GSHP system uses can be used for about 50 years. The GSHP system also has a simple structure and less components..
Ground source heat is a type of widely distributed energy. The constant temperature layer in the shallow layer of the surface of the earth can be used in most areas of China. The temperature of the constant temperature layer in Nanjing is 17 to 18 degrees Celsius and in North Jiangsu, 15 to 16 degrees Celsius. However, because it needs a fairly huge initial investment, GSHP systems are usually used in residential quarters or large buildings.

July 29 - Honda Develops New 1.8l i-VTEC Engine:

Superior Fuel Economy and Powerful Performance Achieved With Valve Timing Control That Responds to Driving Conditions Honda Motor Co., Ltd. recently announced that it has developed a new 1.8l i-VTEC engine to be introduced this fall in the new Civic that achieves both more powerful performance and improved fuel economy. The engine employs an intelligent VTEC system that switches the valve timing for maximum efficiency during startup and acceleration to achieve powerful, torquey performance, then delays intake valve closure timing during cruising and other low-load conditions for improved fuel economy. Use of the valve timing control system results in off-the-line acceleration performance equivalent to a 2.0-liter engine, fuel economy approximately 6% better than the current 1.7-liter Civic engine, making it one of the world's most efficient 1.8-liter engine designs. During cruising, the new engine achieves particularly high fuel economy, on a par with that of a 1.5-liter engine.
1.8l i-VTEC enginecut-away model.
Under low-load conditions on conventional engine, the throttle valve is normally partly closed to control the intake volume of the fuel-air mixture. During this time, pumping losses are incurred due to intake resistance, and this is one factor that leads to reduced engine efficiency. With the i-VTEC engine, however, intake valve closure timing is delayed to control the intake volume of the air-fuel mixture, allowing the throttle valve to remain wide open even under low-load conditions for a major reduction in pumping losses of up to 16%. Combined with comprehensive friction-reducing measures, this results in a significant increase in fuel efficiency for the engine itself.

July 28 - Dalian Sanyo Completes GHP Production Line

A production line of gas-engine heat pump (GHP) with a production capability of 10,000 units a year has been completed last May at Dalian Sanyo Refrigeration Co., Ltd (DSR).
This is the first large scale GHP production line that has ever been constructed in China. As a result, Dalian turned into the largest GHP manufacturing base in China.br> A testing production line of GHPs was completed at DSR in September 2003 and China's first GHP of 20 hp using R407C refrigerant was produced there. Its successful running marks the beginning of the independent assembling of GHPs by DSR. With the implementation of the "West-East Natural Gas Transmission Project" in China, GHPs are encouraged by many local governments. In order to satisfy the requirement of GHP, DSR began to construct the current GHP production line in July, 2004.
DSR is the first Company in China that produces central ACs using clean energy.
The GHPs use nature gas or liquefied petroleum as the energy source to realize cooling and heating, which can lighten the gas and electric power disequilibrium caused by seasons. It has some other advantages such as high-efficiency and low running cost as well. It will also help to diminish the power shortage and protect the environment, which are some of the key issues that need to be solved in China at present. It is also the development trend of residential ACs.
The production line covers an area of 5,000 square meters and advanced technologies such as rotary working position and computer-controlled tracking and testing systems are used.
Although its products are currently sold in the domestic market, they will also be exported to Europe, America, and South East Asia in the future. With the completion of the production line, DSR becomes the largest manufacturing base of Sanyo outside Japan.

July 27 - Danfoss to Expand Refrigeration Controls Production

Danfoss Group recently decided to invest US$36 million to expand the production scale of its Wuqing Factory in Tianjin to make it a leading manufacturing base of refrigeration controls in the world. According to its Capital Increase and Production Expansion Report prepared by Tianjin International Engineering Consulting Company (TIECC), Danfoss will gradually transfer its manufacturing base from Europe to Tianjin.
Danfoss is the world leader in refrigeration and air-conditioning controls, heating and water controls, and motion controls. It has focused on the rapid pace of development in Asia, especially the China market, through its regional production base in Wuqing, Tianjin. Since its establishment in 1996, Danfoss has invested substantially in this largest production facility outside its home base in Denmark. It already invested US$22 million in 2002 to construct a new factory in Wuqing.
Danfoss will construct six new production lines of industrial refrigeration valves, refrigerator control valves, thermostatic expansion valves, solenoid valves, scroll compressors, and district heating stations. The new shop floors will cover an area of about 100,000 square meters and the floor space is about 15,000 square meters. An annual output of 5.29 million units of valves and a sales income of 1.2 billion RMB yuan per year are expected.
This project accords with the state industrial policy of China and it belongs to the industries encouraged and supported by the Chinese Government.
The completion of this project will also push the development of relevant industries.

July 26 - ASHRAE Installs New Officers, Directors

The American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE) installed new officers and directors at its 2005 Annual Meeting held here June 25-29.
The new president is Lee Burgett, P.E., Fellow ASHRAE, who serves as consultant to Trane, a business of American Standard Companies, and others, following his retirement from Trane as vice president-new ventures. He resides in La Crosse, Wis.
During his term, Burgett is focusing on ASHRAE technology including standards development, support of HVAC&R research, and technical activities aimed at disseminating information and educating its membership.
Other officers installed for a one-year term are:

• President-Elect: Terry E. Townsend, P.E., Fellow ASHRAE, president, Townsend Engineering Inc., Chattanooga, Tenn., and Panama City, Fla.
• Treasurer: Kent W. Peterson, P.E., principal and chief engineer, P2S Engineering, Long Beach, Calif.
• Vice President: Gordon V. R. Holness, P.E., Fellow ASHRAE, Life Member, chairman emeritus, Albert Kahn Associates, Detroit, Mich.
• Vice President: Ronald E. Jarnagin, staff scientist/program manager, Battelle's Pacific Northwest National Laboratory, Richland, Wash.
• Vice President: Hugh D. McMillan III, P.E., senior vice president, HRE, Cypress, Texas.
• Vice President: Thomas H. Phoenix, P.E., principal and vice president, Moser Mayer Phoenix Associates in Greensboro, N.C.

• Region VII Director and Regional Chair: Arthur D. Hallstrom, P.E., Fellow ASHRAE, applications engineering manager, Trane Co., Lexington, Ky.
• Region VIII Director and Regional Chair: Arthur L. Giesler director of sales, PermAlert ESP, a subsidiary of Perma-Pipe Inc., Hurst, Texas.
• Region IX Director and Regional Chair: David R. Olson, P.E., president, Integrated Mechanical Systems, Centennial, Colo.
• Region X Director and Regional Chair: Verle A. Williams, P.E., Fellow ASHRAE, Life Member, president, Utility Services Unlimited, San Diego, Calif.
• Region-at-Large Director and Regional Chair: Samir R. Traboulsi, P.Eng., general manager, Thermotrade SAL, Beirut, Lebanon. He also is a senior lecturer at the American University of Beirut.

July 25 - Denso Establishes New Company in Tianjin for Car Navi Systems

Denso Corporation recently announced that it has established a new company to produce car navigation systems in Tianjin, China. The new company, Denso (Tianjin) ITS Co., Ltd., begins production in February 2006.
Established with an initial capital investment of US$700,000 (76 million yen), Denso (Tianjin) ITS Co. will employ 20 people and produce approximately 60,000 navigation units per year when production begins. Denso (China) Investment Co., Ltd., Denso's wholly owned holding company in China, will provide 95 percent of the initial investment; Tianjin TEDA Group will provide the remaining five percent.
"This is Denso's first company to produce car navigation systems in China," said Mitsuharu Kato, managing officer for Denso Corporation's ITS Product Division.
"China is one of the fastest growing markets for car navigation systems, so this company will help us meet the needs of our customers and consumers."
Demand for car navigation systems in China is expected to increase rapidly from 50,000 units in 2004 to 500,000 units by 2010.

July 24 - Refrigeration Sector to Enhance Mostra Convegno Expo 2006

Innovation and attention to visitor and exhibitor needs are golden rules for Mostra Convegno EXPOCOMFORT (MCE) - the exhibition dedicated to Comfort & Living Technology, organized by Fiera Milano International at the New Exhibition Centre Rho-Pero from 28 February to 4 March 2006. This is why the industrial and commercial refrigeration sector is going to be developed and given greater exposure in the forthcoming edition.
MCE intends to satisfy a concrete requirement expressed by exhibitors for a greater distinction to be made between air conditioning and refrigeration. This need emerged from the questionnaire sent out to exhibiting companies along with the application form for the 35th edition of Mostra Convegno Expocomfort. The objective of the questionnaire was to identify the needs of exhibitors and to obtain their suggestions for increasing business opportunities during the exhibition.
To date, industrial and commercial refrigeration was treated as part of the air conditioning sector and was an integral part of the exhibition area dedicated to cooling.br> From the forthcoming edition, however, the refrigeration sector will have its own dedicated area and its own distinct identity within the exhibition, which will facilitate business contacts at national and international level with fitters, distributors, show room personnel, construction firms and design engineers.
The products exhibited at Mostra Convegno EXPOCOMFORT will therefore be enriched by the entire range of products available on the industrial and commercial refrigeration market. These products are characterized by high-energy efficiency and are manufactured using technologically advanced components. New developments launched by companies during the exhibition will also be showcased.

July 23 - Bock Holds Summer Festival and International Meeting

On June 3 and 4, Bock Kaltemaschinen, Germany, invited its foreign representatives to an International Meeting as it does every two years. Managers from Bock's more than 60 branches located abroad travelled to this information event.
Just under 100 participants from all continents accepted the invitation and did not just discuss specialist topics, but also celebrated the Bock summer festival together with the all the staff at Bock.
This year the event took place on site at the company's headquarters in Frickenhausen, 'and was a beacon for Germany as a manufacturing location', as Heinrich Reus, Managing Director of Bock, said in his speech at the festival.
On June 3, numerous presentations were given and discussions held in the event marquee that measured almost 900m² and was located in the inner courtyard of the company's headquarters. Under the motto of 'Growing with Bock', Bock's foreign representatives received information and training on new developments and the technical characteristics of products over the course of a whole day.
On June 4, the marquee which was fitted out for seminars and training was transformed into an elegant entertainment venue for a party to be celebrated by all Bock employees, their partners and the foreign representatives.
Around 400 guests came to this festive event and after a champagne reception and an ample menu they enjoyed the entertaining sketches of the Austrian comedian Alex Kristan.
Later on, the band 'The wright thing' really enlivened the atmosphere in the marquee.

July 22 - DuPont to Buy Rhodia's ISCEONR HFC Blends Business

DuPont and Rhodia recently announced the signing of an agreement by which DuPont plans to purchase the ISCEONR hydrofluorocarbon (HFC) refrigerant blends business from Rhodia, pending regulatory approvals. The transaction will likely be finalized sometime in the third quarter. The ISCEONR range of refrigerants comprises non-ozone-depleting blends used as a replacement for ozone depleting refrigerants in air conditioning, cold storage, domestic refrigeration and process cooling.
"This acquisition will enlarge our HFC product portfolio, and enable us to offer customers additional sustainable refrigerant solutions to accelerate the reduction of ozone depleting substances around the world," said Mark Baunchalk, global business manager - refrigerants, DuPont Fluorochemicals. "DuPont has been a pioneer in the science of refrigerants for 75 years and is committed to continue developing science and technology to bring more sustainable cooling and environmental solutions to customers around the world. This acquisition supports that effort and will strengthen our business."
"This transaction, marking a further step in the strategic refocusing of Rhodia Organics' Enterprise, forms part of the divestiture of non-strategic activities being undertaken by the Rhodia Group with a view to consolidating its business portfolio," added Laurent Schmitt, president of the Rhodia Organics Enterprise.
Rhodia will continue to manufacture and sell refrigerant R-22 from its Avonmouth facility in the United Kingdom.

July 21 - Maytag Receives Buyout Proposal From Consortium Incl Haier

Maytag Corporation, a leading producer of home and commercial appliances in the US, announced on June 20 that it has received a preliminary non-binding proposal from Bain Capital Partners LLC, Blackstone Capital Partners IV L.P. and Haier America Trading, L.L.C. to acquire all outstanding shares of Maytag for $16 per share cash. On May 19, 2005, Maytag agreed to be acquired by an investor group led by Ripplewood Holdings LLC for $14 per share cash.
According to the preliminary non-binding proposal, completion of due diligence is expected to take 6-8 weeks, and the proposal is conditioned, among other things, on the due diligence, along with the negotiation of a definitive agreement and necessary approvals. The proposal contemplates debt financing provided by Merrill Lynch & Co. on terms and conditions to be agreed upon among Merrill Lynch, Bain, Blackstone and Haier America.
After a special committee meeting of the Board of Directors, Maytag stated that, while it intends to proceed with further due diligence with Bain, Blackstone and Haier America, there can be no assurance that the preliminary non-binding proposal would result in a definitive agreement.
Howard Clark, Maytag's lead director, said, "We continue to support the Ripplewood transaction; however, we also believe that it is incumbent on us to pursue this possibility of achieving a higher price for our stockholders."
Maytag Corporation is a $4.7 billion home and commercial appliance company focused in North America and in targeted international markets. The corporation's primary brands are Maytag(R), Hoover(R), Jenn-Air(R), Amana(R), Dixie-Narco(R) and Jade(R).

July 20 - ASHRAE Publishes New Pocket Guide

Information on refrigerants, ventilation rates, thermal comfort and acoustical data is highlighted in the new Pocket Guide from the American Society of Heating, Refrigerating and Air-Conditioning Engineer's (ASHRAE).
The Pocket Guide serves as a ready reference for engineers whose mobility keeps them from easy access to the ASHRAE Handbook volumes and information in ASHRAE standards.
The 2005 guide features new information on performance and pipe sizing for new refrigerants, refrigeration safety, ventilation requirements for residential and non-residential occupancies, occupant thermal comfort, sound and vibration control, thermal storage, and radiant panel heating and cooling and air-to-air recovery.
The 2005 ASHRAE Pocket Guide is published in two editions. One contains inch-pound (I-P) units of measurement, now available, and the other contains the International System of Units (SI).
The cost of the 2005 ASHRAE Pocket Guide is $42 ($34 ASHRAE members).

July 18 - Lennox Sells Heat Transfer J.V. to Outokumpu

Lennox International Inc. announced recently they have completed the previously announced sale of their 45 percent interest in their heat transfer joint venture to Outokumpu Copper Products OY of Finland for $39.3 million. Operating in over 100 countries, Lennox International Inc. is a global leader in the heating, ventilation, air conditioning, and refrigeration markets. Lennox International stock is traded on the New York Stock Exchange under the symbol "LII". Additional information is available at http://www.lennoxinternational.com or by contacting Karen O'Shea, Vice President, Communications and Public Relations.

July 16 - ZAC Completes Sultan Mall Project in Juddah

Zamil Air Conditioners (ZAC) has successfully completed the Sultan Mall project in Jeddah, Saudi Arabia.
ZAC has supplied a large number of rooftop packaged units and central split systems (DX) for the public area and some prestigious stores in the mall, such as Paris Gallery and Extra.
The delivered units provide a total cooling capacity of over 1,450 tons.
Saudi Building Construction Management (SBCM) is the consultant, and Sharqawi and TECHNO are the HVAC contractors for this project.
Sultan Mall is the first major real estate investment project for the Zaad Group. The mall has attracted the showrooms of many international brand names, including: Paris Gallery, Extra, Lazurdi for Gold & Jewelry, Feel-Free, Swatch and Giordano. Zaad Group initiated and implemented the SR 375 million project, which is developed by Ammar International Company and managed by Ariz for Investment and Marketing. The mall occupies 38,000 sq. m. area and has parking spaces for 500 cars. It is considered one of the fanciest malls in Jeddah.

July 14 - Daikin Opens D-Solution Plaza Shanghai

In April, Daikin (China) Investment Co., Ltd. has recently opened the largescale air-conditioning equipment showroom "D-Solution Plaza Shanghai" on Huaihai Road, Shanghai's main street, representing a total investment of 10 million yuan. Daikin (China) Investment Co., Ltd. is the controlling subsidiary in China of Daikin Industries, Ltd., Japan.
To commemorate the tenth anniversary of its China operations, Daikin has opened the largest and first-ever air-conditioning equipment showroom in the country, with a total area of 1,800 m2.
Visitors are able to examine a comprehensive line-up of the latest air-conditioning products from all the Daikin China Group production bases, ranging from complete systems for large buildings to energy-saving home units.
D-Solution Plaza Shanghai's several permanent installations set it apart from ordinary showrooms. These include an air conditioning library, a cutting-edge AC technologies experience zone, and an energy conservation verification corner.
The Plaza has been designed to provide total air-conditioning solutions.
The first showroom in China to be staffed with 40 full-time sales engineers, it affords visitors the opportunity not only to browse the latest air-conditioning products but also to gain an understanding of the relationship between air-conditioning equipment and energy conservation, along with the core technologies behind airconditioning's amenities. Prospective customers will also find professional advice on best air-conditioning system section.
With the opening of D-Solution Plaza Shanghai, the company plans to transfer advanced technologies from Japan to the fast-growing Chinese market, contributing to the further development of the country through the creation of a new air-conditioning culture.

July 12 - TCL and De'Longhi To Found New Joint Venture

On April 27, 2005, at Huizhou of Guangdong, TCL and De'Longhi S.P.A signed a contract on the foundation of a new joint venture, TCLDe'Longhi Home Appliance Zhongshan Company.
The initial investment of the new joint venture will be US$12.5 million, of which TCL and De'Longhi both hold a 50 percent share. The joint venture will be an integration of R&D, manufacturing, and product sales. An R&D division will be established to develop products fitting various market requirements based on portable AC and dehumidifier technologies provided by De'Longhi.
In May 2005, the joint venture will build a new manufacturing base in Zhongshan, Guangdong and the phase I project will be fully put into use in Oct. 2005. The new company plans to produce and sell 500, 000 portable ACs and dehumidifiers in 2006. By 2008, its producing capability will be increased to 1.5 million units and it will become the largest portable AC and dehumidifier manufacturing base all over the world by then.
De'Longhi will transfer all its portable AC and dehumidifier manufacturing to TCL-De'Longhi Home Appliance Zhongshan Company in two years.
The products of the joint venture will be labeled with two brands: TCL and De'Longhi.
They will be sold both in the domestic and overseas market. According to an agreement between TCL and De'Longhi, the new company will be in charge of the domestic market, De'Longhi will be in charge of the European market, and TCL will be in charge of Asia and the emerging markets.
Portable ACs and dehumidifiers have been sold in Europe for more than 20 years. Sales in Asia is expected to have an obvious growth because of the economic development in Asian countries, the increase of transient population, and the abnormal climate change all over the world.

July 11 - Panasonic Singapore and Danfoss Agree on Cooperation

Panasonic Refrigeration Devices Singapore (PRDS) and Danfoss Household Compressors entered into a global cooperation agreement for the procurement of production materials and components in the manufacturing of hermetic household compressors on 1 June 2005.
Both Panasonic and Danfoss Household Compressors are among the five largest manufacturers of hermetic compressors in the global white goods industry, where about 100 million compressors are purchased annually. PRDS production centers in Singapore with other factories in Malaysia, China and Japan. Danfoss Household Compressors is located with its headquarters and the largest factory for household and light commercial compressors in Germany and has other factories in Slovenia, Slovakia and Mexico.
The recent substantial increase in the price of raw materials has a considerable impact on both the white goods industry and compressor manufacturers. With the new procurement cooperation in place, PRDS and Danfoss Household Compressors hope to benefit from the more direct access to a global supplier network and the aggregate volume of standard materials and components requirements.
In the global household compressor market, PRDS and Danfoss Household Compressors will remain competitors along with others. As such, both parties attach great importance to an ongoing and critical evaluation of this joint activity to ensure any relevant competition legislation is respected in the household compressors market.
The President of Danfoss Household Compressors, Mr. J. Westermann and the Managing Director of PRDS, Mr. H. Kawai are both confident that the new cooperation will also benefit their stakeholders as this cooperation signifies a potential breakthrough in the strong competitive global industry for white goods.

July 9 - Toshiba Carrier Exports Heat Pump Water Heaters to Europe

Toshiba Carrier began exporting heat pump water heaters using R410A refrigerant to heat pump water heater makers in Northern Europe. The company aims to supply several thousand units per year.
Toshiba Carrier intends to expand heat pump water heater sales as a new line of business based on their energy saving technologies (high-efficiency inverter & compressor technologies) which have been brought about through room air conditioner (RAC) and packaged air conditioner (PAC) development.
While endeavoring to expand the domestic heat pump water business, the company also aims to supply highly energy- efficient heat pump water heaters to overseas markets.
As exemplified by the fact that the company's commercial heat pump water heater "Hot Power Eco BIG" received the Energy Saving Grand Prix on the occasion of the 15th Energy Saving Grand Prix Conferment Ceremony in 2004, Toshiba Carrier's energy-saving technologies are highly rated in Japan.
In the domestic market, the ECO CUTE units - heat pump water heaters using natural refrigerant (CO2) - are treated as an object of subsidy, thus occupying a significant market share.
However, Toshiba Carrier recognizes that a refrigeration cycle technology using R410A refrigerant has already been established and is more reliable. The company therefore predicts that heat pump water heating systems using R410A will also diffuse in overseas markets thanks to their high energy-saving performance, and overseas heat pump water heater markets will show expansion comparable to the Japanese market.

July 7 - Daikin Sets up Office in Moscow

On May 1, Daikin Industries opened its "Moscow Office" as an office of Daikin Europe in Moscow City, Russia.
With the current opening of the Moscow office, Daikin intends to shift the conventional sales system mainly undertaken by sales agents to a system led by the company. Based on their own marketing activities, the company will carry out market research and thereby extend reinforced sales support to their agents and retailers. Also, by seeking new agents and retailers, the company aims to expand their AC market in Russia.
In terms of AC market size, Russia, together with Germany and Greece, belongs to the 5th largest group in Europe, following Italy, Spain, France and the UK, according to Daikin's estimation.
The Russian market is growing steadily despite the cool summer in 2003 and 2004. Its residential RAC market, in particular, has become the 4th largest one in Europe due to the fact that Russia has a hot summer comparable to that in Japan.
Therefore, it is expected to grow sizably from now on.
The Russian market of commercial ACs (VRV) in which Daikin has a strong foothold is also predicted to expand sizably, since hotels, offices, stores and other commercial facilities are increasing rapidly in big cities, and big urban development projects are also underway.
The Russian AC market in 2004 was at \42 billion, having nearly doubled from 2000, and is predicted to expand to some \60 billion or more in 2007. Daikin's sales in the air conditioning business is estimated to reach about \3.6 billion in 2004. While the company is enjoying a favorable increase in sales of commercial ACs (VRV) , it is subordinate to the Korean manufacturers in those of residential RACs whose market is large. So, with the opening of the Moscow office as an opportunity, the company will reinforce sales supporting activities for their agents and retailers, and thereby aim at attaining about \8 billion of sales in 2007 by developing business operations.

July 5 - HARFKO 2005 Expo Held Successfully

Heating, Air-Conditioning, Refrigeration and Fluid Exhibition-Korea Expo (HARFKO), was held May 25(Wed.) ~27(Fri.), 2005 in Koyang City, Korea.
As the famous refrigeration exhibition in Asia and the most authoritative refrigeration in Korea, Heating, Air-Conditioning, Refrigeration and Fluid Exhibition-Korea expo is a grand regular biannual event in international HVACR industry. Successfully held 4 sessions, Heating, Air-Conditioning, Refrigeration and Fluid Exhibition has grown significantly from its inception.
To accommodate this growth, Heating, Air-Conditioning, Refrigeration and Fluid Exhibition-Korea Expo moved into a larger facility for 2005: Korea International Exhibition Center(KIMTEX : Koyang city, 21,546?
Many technology and trade events were held during the exhibition. The organizers did the best to provide perfect services to the exhibitors and visitors to enable every participant get successful and fruitful result in the exhibition.

July 3 - McQuay Makes Chillers for 2006 Asian Games

The McQuay plant in Verona is manufacturing eleven 2,000-ton dual centrifugal compressor chillers to be installed at the Olympic Village of the 2006 Asian Games, to be held in Doha, Qatar. The chiller contract is estimated at over $3 million, according to McQuay.
"This is one of the biggest orders we have received this year," said Daryl Showalter, director, chiller product marketing for McQuay. "We're proud to contribute to efforts in support of the Asian Games."
The chillers will cool 12 housing complexes in the Olympic Village, a total of over 1.8 million square feet, and will house over 10,500 people during the Games. After the Games, the complex will be converted to the Hamad Medical Center, and will include pediatrics and orthopedics hospitals, a physical therapy unit, rehabilitation center, and elderly welfare center.
First begun in New Delhi in 1951, the Asian Games have grown to the second largest worldwide sporting event after the Olympic Games. Like the Olympics, the Asian Games are held every four years. The 15th Asian Games Doha 2006 will include 45 countries. The 40 sporting events include tennis, swimming, wrestling and gymnastics.
McQuay has several chillers installed in Qatar, including Education City, a multi-institutional campus currently under construction that will include over 30 buildings; Khaliffa Sports City; and the Museum of Islamic Arts.
The McQuay plant in Verona, which recently celebrated 50 years of continuous operation, employs over 400 people in the production of McQuay air conditioning products.

July 1 - Denso to Produce Car ACs in South Africa

Denso Corporation (DENSO) and Metair Investments Limited (METAIR) agreed on March 17 that DENSO will purchase 25% of the shares in Smiths Manufacturing (Pty) Ltd (SMITHS) from METAIR, the holding company for SMITHS. DENSO and SMITHS will work together to enhance competitiveness and manufacturing capabilities. The effective date of the investment is dependant on the approval by the relevant authorities.
SMITHS is the largest automotive air conditioner company in the Republic of South Africa (RSA).
DENSO has been involved in the RSA's automotive air conditioner market since 1982, when it entered into a technical assistance agreement for automotive air conditioners with SMITHS.
DENSO continues to provide technical assistance to SMITHS on automotive air conditioners, heaters, radiators and electric fans.
This investment will allow DENSO to expand its business foundation in the RSA and SMITHS to expand its technical expertise.
"Approximately 400,000 vehicles were manufactured in the RSA in 2004, and this market is expected to continue growing as a vehicle export base," said Mr. Satoshi Watanabe, senior managing director in charge of DENSO's Thermal Systems Group.

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