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July 29 - Gree Acquires Landa Compressor

Gree (Gree Electric Appliances Inc.) has reached an agreement with Hong Kong Qianju Ltd. that Qianju Ltd. will sell its 30% stake in Zhuhai Landa Compressor Co., Ltd. (Landa) and 30% stake in Gree Electric Works Ltd. to Gree.
The cash purchase price is RMB 58.9659 million. This total breaks down to RMB 40.7337 million for the Landa Compressor stock and RMB 18.2322 million for the 30% share of Gree Electric Works.
After the stock acquirement, Gree will own 100% of both Landa Compressor and Gree Electric Works, which further enhances its independence. It is understood that Landa directly supplies Gree with compressors - a core AC unit part, and Gree's enamel-insulated wires are directly supplied to Landa Compressors.
The acquisition streamlines Gree's supply chain, reducing cost and enhancing its competitiveness and risk-resistance ability.

July 29 - Parker Acquires Majority Stake in Japan-based Taiyo Ltd.

Parker Hannifin Corporation, USA, has strengthened its global motion and control capabilities by becoming the majority shareholder in Taiyo Ltd., an Osaka, Japan based leader in hydraulic and pneumatic technologies. Earnings are expected to be accretive in the first full year.

Parker increased its equity stake in Taiyo to approximately 60 percent by purchasing all Taiyo voting stock previously held by Kyoei Steel Ltd. Terms of the deal were not disclosed.

Taiyo posted revenues of approximately $208 million (24 billion Yen) for its fiscal year ended March 2006. The company develops and manufactures a broad range of automation products, including hydraulic and pneumatic actuators, cylinders and specialized pneumatic products. Its 875 employees operate four facilities in Japan, one in China, and one in the United States. The companies have collaborated since the March 2002 establishment of a Parker-Taiyo business alliance.

"This transaction dramatically strengthens our hydraulics business with a platform for growth serving Japan and the entire Asian region," said Don Washkewicz, Parker Chairman and CEO. "The deal also demonstrates Parker's ability to provide a new partner with expertise in terms of commercial channels, management systems, engineering and infrastructure to such an extent that they have welcomed Parker taking a majority position."

July 25 - ASHRAE Endorses ARI Responsible Use Guide

ASHRAE is supporting the Air Conditioning and Refrigeration Institute's (ARI) guide for responsible use of refrigerants.
Developed by ARI and the U.S. Environmental Protection Agency, the Responsible Use Guide for Minimizing Fluorocarbon Emissions in Manufacturing Facilities encourages refrigerant containment and environmental protection.
"Our endorsement concurs with a strong industry initiative that was conducted by ASHRAE members having as their objective the bringing of good practices to the world in a written form," Terry Townsend, P.E., ASHRAE president, said. "This also illustrates ASHRAE's strong support of a global sustainability initiative, along with many other organizations."
"Receiving ASHRAE's endorsement of ARI's responsible use of refrigerants guidelines demonstrates the industry is fully embracing this initiative to reduce fluorocarbon emissions in manufacturing facilities," William G. Sutton, president of ARI, said. "Responsible use requires all parties involved with refrigerants - from the engineers designing products to plant managers and workers on the assembly line - to be attentive to emission issues and to effectively address them if we are to maintain continued use of these chemicals in HVAC&R products."
ASHRAE provides guidance on minimizing fluorocarbon emissions through its research, Handbook and standards, including Standard 147-2002, Reducing Release of Halogenated Refrigerants from Refrigeration and Air-Conditioning Equipment and Systems. The standard establishes practices and procedures that will reduce inadvertent release of chlorine containing and other halogen containing refrigerants, such as halogenated chlorofluorocarbons, hydrofluorocarbons and hydrochlorofluorocarbons.

July 21 - Carrier Corp. Acquires Sensitech Inc.

Carrier Corp., USA, announced recently the purchase of all business operations of privately held Sensitech Inc., the leading global provider of cold chain visibility solutions that protect the integrity of temperature-sensitive products. Sensitech will function as a wholly owned subsidiary of Carrier. Purchase terms were not disclosed.

Sensitech's proprietary technology enables global customers in the food and pharmaceutical industries to track and monitor assets across the supply chain, protecting the integrity of their temperature-sensitive products. Its product portfolio includes comprehensive analytic services, validated enterprise software systems and data acquisition devices.

Carrier's long history of leadership in the stationary and transport refrigeration industries, coupled with the strategic importance and high potential of the cold chain monitoring market, make this an ideal fit.

"We are pleased to combine Sensitech's expertise in cold chain management and process improvement with our expertise in refrigeration," said Ted Amyuni, president of Carrier's Refrigeration business unit. "This synergy will bring unparalleled cold chain breadth and depth to our customers."

Sensitech is based in Beverly, Mass., and has offices in Amsterdam, Calgary, Melbourne, Australia, Redmond, Wash., and Santiago, Chile, with service and distribution offices around the world

July 12 - Japanese ACs to Show Year-round Efficiency

Facing the increasing requirements for further higher energy savings efficiency towards reduction ofto reduce greenhouse gas emissions, attempts are being made to show performance of air conditioning equipment in terms of values measured under conditions close to actual operation. Along with the revision of the JIS made this spring, it was instructed decided to shift change the performance indication of packaged air conditioners (PACs) as general-purpose units for commercial use from that in terms of COP (coefficient of performance) showing the performance during the rated operation, to that in terms of APF (annual performance factor) indicating performance during over a specific period of actual operation with load fluctuations. Accordingly, performance indication by AC manufacturers will be revised in the coming autumn based on the new testing method.
However, it is has been pointed out by some in the industry people that, to realize evaluation of performance during actual operation, it is necessary to review the existing evaluation method and establish a new method for evaluating the performance of all models not only those in the general-purpose AC segment but also the chiller segment. Japan's AC performance indication standard must also be revised by taking account of coordination with the ISO which currently specifies only the rated performance of ACs.
So far, ACs the performance indication has generally been made in terms of COP has functioned as a general indicator of energy efficiency which shows showing the highest level of efficiency under a certain (rated) conditions, . This is the first time an and indication indicator of performance efficiency under actual operational conditions has not been made publicly available.
With the revision of the JIS made this spring, the APF as a year-round efficiency indicator was introduced to review the conventional method for performance indication of inverter units which are currently Japan's standard general-purpose ACs. By means ofNow with the APF, not only cooling/heating capacity during rated operation but also capacity during intermediate periods with low load can be shown.

July 12 - Sanyo to Expand RAC Sales in Europe

Aimed to expand its air conditioning business on a global scale, Sanyo Electric intends to increase the share of higher-end products with higher added value centering on inverter-type room air conditioners (RACs) by expanding the sales of Shikisaikan series models (the new flagship model, now available in Japan) to European markets.
The company aims to attain a global expansion of its AC business with an extensive lineup from large (commercial use) to small (home use) ACs.
Overall RAC sales in overseas markets recorded a 2-digit growth in 2005 (in terms of number of units), led by those in European markets where a 20% upturn was registered. The company aims to attain a 20% increase in 2006.
About 35% of Sanyo's global AC sales are occupied by those in China/Asia, about 45% by those in Japan, and about 20% by those in Europe/USA. "In the European markets, inverter ACs have sold well thanks to the introduction of new products including inverter-multi systems" said the company.

Growing Interest in Energy Savings
In 2005 Sanyo introduced the Shikisaikan series RACs as the highest end models in North and South European markets. As high COP units, they attract attention for their environmentally friendly features and their ability to harmonize with interior decor. In the European markets, because of high sensitivity to environmental issues, high COP has drawn the most attention.
In the European markets (excl. Russia), although sales continued to drop in 2005 and 2006 due to cool summers, the percentage share of inverter ACs is increasing, perhaps to have increased to about 30%, reflecting high environmental awareness,
As in the Japanese market, consumers are highly interested in energy-saving and environmentally friendly products, and in the future, demand for products with higher added value is expected to increase.

July 8 - Carrier India Launches GenX Hi-wall Split AC's

Carrier India, a part of Carrier Corporation, has recently launched the GenX Series split air conditioners to beat the summer heat. The new advanced series of hi-wall split air conditioners are available in two models SX1 and SX2. These air conditioners are equipped with climate control and superior cooling technologies to help make indoor environment more comfortable in India's unpredictable climate.

Unique to Carrier, the GenX series incorporates innovative design using state-of-the-art rotary compressor combined with high efficiency coils that operates under extreme climatic conditions, even at 50 degrees Celsius. The stylish new split systems are compact, quiet, and represent high quality and value.

Designed to suit everyone's needs, the SX1 boasts of features such as:
Superior quality internal grooved copper tube that enhances heat exchange efficiency leading to higher cooling capacity and energy savings.
Blue hydrophilic aluminum fins that enable unrestricted flow of condensate between the heat exchanger fins, thereby improving cooling performance.
Powerful airflow technology and air management system that ensures high CFM leading to uniform cooling.
Contemporary fresh styling with unique three-four folds evaporator that makes the unit's size compact.

A technically more advanced SX2 has the following key features:
Best in class energy efficiency, with 4 bend heat exchanger and hydrophilic aluminum foils.
Carrier global design with contemporary fresh styling with a truly international look.
A self diagnosis and auto protection function that makes the unit easy to operate and service.
Unique bi-directional rotary air vane technology and its large diameter cross flow fan that reduces noise level.
LCD remote control for fingertip convenience.
Active carbon and electrostatic fibre filter that eliminates odors such as ammonia and harmful chemical glass and traps dust particles, smoke etc.

July 5 - Ziehl-Abegg Participates in HVAC Asia 2006

Ziehl-Abegg offers over 100,000 product combinations of electric motors and axial and centrifugal fans.
Ziehl-Abegg is world leaders in external rotor motor technology and speed controllers. With this background Ziehl-Abegg has developed the most efficient EC (Electronically Commutated) electric motor on the market today. These maintenance free brushless motors power a range of compact, speed controllable, energy efficient fan combinations that can handle industries toughest conditions. In addition Ziehl-Abegg also offers a complete range of speed control solutions to control AC motors. A powerful combination when combined with Ziehl-Abegg axial, radial, cross flow and mixed flow fans.
Ziehl-Abegg works with its customers at the design stage to maximise energy savings as well as achieving an optimal price-performance ratio. With the introduction of energy conservation legislation, the latest generation of Ziehl-Abegg efficiency optimised motors with integral frequency inverters and EC motors can meet the new industry challenges.
As a leader in the fan sector, and as one of the leading system suppliers in drive technology, Ziehl-Abegg offers innovative and complete solutions from a single source. Their Singapore office offers advice and support to customers from the start of their projects, right through all subsequent phases, to a successful completion.
From its newly established Singapore office, Ziehl-Abegg SEA Pte Ltd participated in the HVAC Asia 2006 exhibition in the Singapore Expo on the 4th to 7th July 2006.

July 3 - ASERCOM Symposium 2006

"European Directives and Regulations - New Business Opportunities"
For higher energy efficiency and environmental protection various new EU directives and regulations have been introduced or are in a drafting and discussion process for final adoption and implementation (F-Gas, WEEE/RoHS, Eco-Labelling, Eco-Design/Energy-using-Products, Energy Performance for Buildings etc). This new legislation follows the objective to better protect the environment and/or to reduce greenhouse gas emissions. Furthermore, these rules generate additional business such as heat pump systems, more efficient products, frequent system inspections, just to name a few.
The first part of the ASERCOM Symposium 2006 will further familiarize the participants with target, scope, status and issues of these European regulations. The second part is dedicated to new business opportunities arising from the new directives and regulations. Finally, the ASERCOM contributions will be presented.
There will be sufficient time for discussion where the input of the participants is highly appreciated.
All persons with activities in the field of refrigeration, air conditioning and heat pumps (marketing, technical application, engineering and/or service) are invited to attend this symposium.

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