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GEA explores possible sale of compressor supplier GEA Bock

GEA explores possible sale of compressor supplier GEA Bock

Düsseldorf-based technology group GEA is exploring a possible sale of GEA Bock as part of the Group’s continued focus on its strategic core markets – the food, chemical and pharmaceutical industries. As announced at the Capital Markets Day in September, GEA plans to divest selected activities of the future Farm Technologies and Refrigeration Technologies divisions in this connection.

Latest headlines

Copper Journal Report: Is 'Real Deal Near in Trade Talks?

Last week, the first sign of progress in trade talks in quite some time sent equity markets higher, with the S&P 500 closing at 2,970 on Friday, just 56 points shy of its record high 3,025.86 set on July 26th.


Fi Europe 2019: GEA to showcase its technology strengths in food processing and safety

At the leading trade show for food ingredients, Fi Europe, taking place in Paris, France, December 3-5, GEA will showcase its solutions for the manufacture of food and dairy ingredients, freeze-dried foods and instant coffee at booth 6F141 in hall H6


Breezeless and Breathless Midea @IFA2019 in Berlin, Germanyerlin

Berlin, Germany – Midea, since July 2019 #312 of the Fortune Global 500 list is the world’s largest major home appliance producer and world’s #1 air-treatment company. At IFA Berlin 2019 the company has doubled its booth size and exhibits more than 200 products across 49 product categories.


Panasonic to Team up with IBM Japan in Improving Semiconductor Manufacturing Processes

IBM Japan, Ltd. and Panasonic Corporation's subsidiary, Panasonic Smart Factory Solutions Co., Ltd. (hereafter "Panasonic"), announced today that the companies have agreed to collaborate to develop and market a new high-value-added system to optimize the overall equipment effectiveness (OEE) of customers' semiconductor manufacturing processes and to realize high-quality manufacturing.

VELUX Days in Paris

The VELUX Days 2019 took place in Paris on the 9th and 10th October 2019. The two-day event focused on two topics driving current industry trends: natural light, during the VELUX Daylight Symposium on the first day, and healthy buildings, on the VELUX Healthy Buildings Day on 10th of October.

Paving the way towards sustainable cooling – EPEE joins forces with AREA

EPEE Director General, Andrea Voigt was honored to speak at the AREA Vision 2025 launch event last week. AREA is the European association of refrigeration, air conditioning and heat pump (RACHP) contractors. AREA’s Vision 2025 is very much in line with EPEE’s #CountOnCooling campaign which is due to be launched soon, and with our upcoming White Paper “A five-step approach to deliver sustainable cooling”, to be published on 5th November.

Midea: IFA Enters COLMO Time, The World's First Whole-Scene AI Household Appliances Brand Showcases Brilliantly

COLMO, a high-end brand of AI technology household appliances, presents four scenarios: living, washing, kitchen and bathroom. It deduces wonderful stories in the field of smart household appliances with the interconnection and intercommunication of whole scenario of intelligent household appliances.

Cover Story

Chinese AC Manufacturers Accelerate Factory Construction in Southeast Asia

Recently, two well-known Chinese air conditioner manufacturers announced that they have built new production bases in Southeast Asia to speed up their development in overseas markets. TCL, a large air conditioner brand located in southern China, recently built a production base with its partner in Indonesia. The new factory will have an annual production capacity of 1.5 million air conditioners in Phase 1 and officially begin mass production at the end of September 2019. In addition, TCL plans to build production bases in other foreign countries in the near future. See page 18.

Sizzling Heat Wave Has Little Impact on Global AC Demand

As in previous years, JARN recently interviewed major air conditioner manufacturers and related associations around the world. Based on these interviews, we prepared this report on the global air conditioner market in the first half of 2019 and are proud to share it with our global readers. First of all, we would like to express our heartfelt gratitude to the professional stakeholders who have given great support and selfless dedication. We ask our readers to kindly point out any errors.

France Struck by Heat Wave and RAC Sales Surge in Europe

In recent years, Europe has been frequently experiencing scorching days in summer. According to the Japan Meteorological Agency, Europe has been suffering from consecutive scorching hot days since the end of this June, and many parts of Europe have been struck by heat waves. On June 28, the temperature in town of Gallargues-le-Montueux in the Gard area in southern France hit 45.9℃, the hottest temperature ever recorded in France. Moreover, Germany, Poland, and Czech Republic experienced temperatures reaching 40℃ for several days in some areas, hitting record high temperatures in June for these regions.

Interview

JSRAE Values Global Network and Holds International Conferences

In this May, Kuniaki Kawamura was appointed as new president of Japan Society of Refrigerating and Air Conditioning Engineers (JSRAE). JARN interviewed Mr. Kawamura to hear about his views on JSRAE activities including conferences, a partnership with the International Institute of Refrigeration (IIR), and new refrigerants.

TICA Accelerates International Strategy with Oil-free Technology from Smardt

TICA Climate Solutions is a China-based specialist in the clean environment and thermal energy sectors. In October 2018, TICA set up a joint venture (JV) company with Smardt, a Canada-based global leading oil-free centrifugal chiller manufacturer. JARN interviewed Jiang Li, president of TICA, and Roger Richmond-Smith, founder of Smardt, to hear about their strengths and synergies.

Mitsubishi Electric Grabs Opportunities Created by Evolving Compressor Business Environments

JARN interviewed Taro Kato, managing director and president of Siam Compressor Industry (SCI), a Thai-based compressor specialist within the Mitsubishi Electric group, to hear about its highlights at Bangkok RHVAC 2019 and Mitsubishi Electric group’s compressor business strategy.

Market

Arkema announces the proposed divestment of its Functional Polyolefins business

Arkema announces the proposed divestment of its Functional Polyolefins business to SK Global Chemical, a major chemicals player in South Korea and a subsidiary of SK, the large South-Korean corporation. With this project, Arkema continues its shift towards specialty chemicals and advanced materials.

Trade reports use differing language, but conclusion draws near

It depends on which media outlet you rely on to get your information. On Saturday, hours after "substantial progress" was made on economic and trade issues of common concern in their latest round of negotiations, US President Donald Trump met Chinese vice-Premier Liu He, head of the Chinese delegation.

“Are we ready for Digital Indonesia 2020 ?”

Indonesia is embracing itself for some transformation. This will happen at a regulation level as well. Although there will be a new Cabinet this October but the fundamentals of regulations regarding Indonesia’s digital economy ( OJK – 82 / Others ) has been clarified .

Product

Johnson Controls adds WaveLynx Technologies’ Ethos Multi-Tech readers to access control portfolio

Johnson Controls is introducing the Ethos line of multi-tech contactless access readers from WaveLynx Technologies. Ethos readers are equipped with a choice of credential technologies, enabling customers to choose migration paths to deploy secure credentials.

SWEP Systems and Enclean Technology agree on Strategic Cooperation in Embassy of Sweden

In China, the basic principle of urban heating systems is to use district heating integrated with other heating methods. The purpose is not only to save energy and protect the environment, but also to enhance the residents’ quality of life in a sustainable way. Against this backdrop, district heating is also gaining awareness among heating companies, associations and universities.

Optimize system performance with Danfoss's new Intelligent Purging System

Non-condensable gases (NCGs) present a challenge for industrial refrigeration systems. Since NGCs are unable to condense inside a condenser, they can have a serious impact on the operating conditions, energy efficiency, and lifetime of a system. Air is the most abundant non-condensable gas impacting industrial refrigeration systems, often entering during operation or service.

Photo Report

Fooma Japan 2019 Showcases Japan’s Technology for Japanese Visitors and Visitors from Abroad

From July 9 to 12, 2019 the International Food Machinery & Technology Exhibition (Fooma Japan 2019) was held at the Tokyo Big Sight. In all, 688 companies exhibited, and the four-day event attracted 100,680 visitors. Fooma Japan is Asia’s largest class comprehensive food trade show covering all food manufacturing processes centering on food machinery, ranging from raw material processing to manufacture and distribution.

CRH Expo 2019 in Shanghai—Continued from May Issue

CAREL—received an Innovation Product Award in the Refrigeration category at CHR 2019 for Hecu CO2. Hecu sistema is the CAREL high-efficiency solution for condensing units with BLDC compressors and natural refrigerants. The use of Hecu CO2 is expected to expand in China.

Japan IT Week Showcases Cutting-edge Technologies in 11 Fields

From May 8 to 10, Japan IT Week Spring was held at the Tokyo Big Sight. Japan IT Week Spring is Japan’s largest IT exposition consisting of 11 special expositions such as Data Center Expo, Software & Apps Development Expo, Big Data Management Expo, Data Storage Expo, Information Security Expo, and Cloud Computing Expo.

U.S. VRF Report
 
 
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