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Headline News Volume 379

eJARN.com Headline News
Date: May 26th, 2017, Volume 379
( http://www.ejarn.com )
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1. CRH Expo 30th Anniversary Report -- The rise of heat pumps
The Chinese government has put forth a policy to convert the northern regions of the country, where coal-burning heaters are common, from coal to electricity, and is offering incentives for electricity-driven heat pump heaters. Demand for heat pumps has been rising sharply as a result, in applications from residential to commercial and industrial. The expo sponsors set up a heat pump pavilion with sections highlighting innovative products, excellent installation cases, heat pump applications in industrial fields, and clean heat supply after switching from coal to electricity.

2. LG is Expanding B2B Business and Extending Lineups & Services
During HARFKO 2017, JARN interviewed James Lee, Senior Vice President, Air Solution Sales and Marketing Group of LG, to gain an insight into LG’s business strategy regarding sales, products, new refrigerants, new technologies, and services.

3. Early Summer Brings Hopes of 15-18% Growth in Indian AC Market
The early arrival of summer this year, especially in the north and east, has fueled air conditioner manufacturers’ hopes for a 15-18% growth in sales, according to estimates by Consumer Electronics and Appliances Manufacturers Association (CEAMA).

4. Nidec to Acquire Secop Group to Fully Enter into Refrigerator Business
On April 25, 2017, Nidec Corporation has announced that its Board of Directors has approved a resolution to acquire 100% equity shares of Secop Holding GmbH, Secop s.r.o., Secop Compressors (Tianjin) Co., Ltd., Secop Inc., and shareholder loans from Secop Beteillingungs GmbH, a portfolio management company owned by Aurelius Equity Opportunities SE & Co KGaA.
5. UTC Building Solutions Hit A Home Run in New Atlanta Braves Ballpark
At the new Atlanta Braves ballpark, three Carrier AquaEdge 19XRV centrifugal chillers provide largescale, high-efficiency cooling while also being environmentally responsible, reliable, and quiet. Also, 26 x Carrier Aero 39M air handling units and 2 x custom 39CC units were installed throughout the complex.

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