NEW ENERGY has completed its headquarters and production base in the Guangzhou Technology Development Zone, with a total investment of 1 billion yuan and annual capacity above 1 million air source heat pump sets. The article gives conflicting timing, with production scheduled for June 2019.
Marelli and Shanghai Highly signed a memorandum of intent to form a joint venture operating Marelli's compressor and HVAC business, with a definitive agreement targeted for January 2020.
Marelli agreed an equity transfer agreement with Johnson Controls-Hitachi to acquire an equity interest in Shanghai Highly New Energy Technology, an electric compressor maker, with completion estimated in Q3 2019.
Hanon Systems formally opened Chongqing Hanon Jianshe Automotive Thermal Systems, a 38,000 square meter joint venture plant in Banan district, Chongqing. It will initially supply variable swashplate compressors and heat pump systems to Changan Automobile.
Toyota Industries Denso Air Conditioning Compressor (Kunshan) is investing 130 million yuan to expand its Kunshan, Jiangsu plant, adding automotive AC compressor and die-cast aluminum parts capacity, with production expected in July 2019.
Munters received three orders from an unnamed leading Chinese vehicle and electronics company for low-humidity climate solutions for lithium battery production, with a total value of about SEK 120 million. Delivery is expected in the first half of 2019.
Ruizhi (Qingdao) Precision Electromechanical broke ground in Qingdao's West Coast New Area on a project adding 3 million compressors of capacity, with a total investment of RMB 387 million and about 41,000 square metres of new plant. Output is expected to rise from 9.36 million to 12 million units.
Danfoss inaugurated its flagship district heating facility in Anshan, Liaoning Province, China, with an investment of 170 million RMB. The plant produces control valves, stations and heat exchangers and expands the Anshan campus fivefold.
Liebherr-Transportation Systems won an order from Wuhan CRRC to supply air conditioning systems for 31 trains on the Wuhan Metro, comprising 372 air-conditioning units and 62 driver cab ventilation units. The order was announced on 25 May 2018.
Korean automotive supplier Hanon plans to build its third compressor plant in Dalian, China. The article text provided gives no investment, capacity or job figures.
Hanon Systems signed an investment agreement with the Dalian municipal government to build a third plant in Dalian for automotive compressors, bringing total site space to over 98,000 square meters.
Standard Motor Products formed a 50/50 joint venture, Foshan FGD SMP Automotive Compressor, with China-based Foshan Guangdong Automotive Air Conditioning, investing approximately US$12.5 million to make automotive air conditioning compressors.
Emerson broke ground on the second phase of its Copeland scroll compressor factory in Suzhou Industrial Park, China, a $40 million investment to raise capacity for the Chinese and Asian markets.
MAHLE opened its new air conditioning compressor plant in Changshu, Jiangsu, relocated from Suzhou with doubled capacity. Equipment investment has reached RMB 180 million, with further investment planned.