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December 30 - Carrier Launches Aquaforce Chiller Range in Middle East

Carrier Corporation recently announced the launch of its latest air cooled chiller range, the 30XA AquaforceTM, in the Middle East. 30XA Aquaforce is part of a worldwide programme of new product developments and has already enjoyed considerable success following its 2005 release in the US.

The chiller with screw compressors uses non-ozone depleting refrigerant R134a and new micro-channel heat exchanger coil technology. In tests, Aquaforce achieved record part load seasonal energy efficiencies, "IPLV" of 0.76 kW/ton (4.6 kW/kW) in average.

Highlighting the value addition to the regional HVAC/R industry, Aftab Khan, Managing Director, Building Systems & Services, Middle East, said, "The chiller suits the extreme climatic conditions in the Middle East. 30XA Aquaforce comprises a unique microchannel heat exchanger which enables it to operate with up to 30% less refrigerant."

30XA Aquaforce is being introduced by Carrier to governments, contractors, real estate companies and consultants in the region. "The industry's initial response to its energy efficient and non-ozone depleting features has been remarkable," Khan said.

December 29 - Two Organizers Collaborate for High Impact Exhibition

VINEXA - Vietnam Trade Fair & Advertising National Company, will join HQ Link as co-organizer for four dynamic exhibitions to be held in Vietnam namely PSV 2007, Propacka Vietnam 2007, HVACR Vietnam 2007 and Projects Vietnam 2007. These four highly anticipated exhibitions will be held from 15 - 17 March 2007 at Ho Chi Minh City International Exhibition and Convention Centre (HIECC) in Ho Chi Minh City, Vietnam.

VINEXAD is a state-owned company under the Ministry of Trade, and a leading local exhibitions company in Vietnam. VINEXAD is reputable for its success in organizing regional and international events, and sponsors more than 80 events locally and abroad annually, with the aim to bridge business connections and promote effective trade partnerships.

The following are the details of the four exhibitions:
PSV 2007- The 5th International Exhibition on Fluid, Air & Gas Handling Systems incorporating Fluid Power and Control Systems & Instrumentation

December 26 - Turkish HVAC&R Shown at Sodex Antalya 2006

For the last 4 years, Turkey's GDP grew by almost 34% on a cumulative basis. Turkey's GDP and GNP increased by 7.4% and 7.6 % respectively in 2005. This makes Turkey one of the fastest growing economies in the world. Turkey is expected to grow by more than 5% a year in the next 5 -10 years.

In this fascinating economic growth, construction sector is the "locomotive". The construction sector boomed in 2005, with a growth rate of 21.5 percent, outpacing the national average of 5.5 percent. This strong trend continued this year with construction sector growth at 19.3 percent for the first half of 2006.

In addition, Turkish contractors are also valuable sources of orders for equipment and materials for the projects they are carrying out in Russia, Central Asia, Middle East and have landed future contract for the huge redevelopment projects in Afghanistan.

Turkish HVAC industry is clearly benefiting from this boom. The boom activates the demand in HVAC sector. Mr. Huseyin Yuksel, the executive director of ISKID - Air Conditioning and Refrigeration Manufacturer's Association- affirms that Turkish HVAC&R market grows by 4 times more than Turkish general economy. Mr.Yuksel mentions that the indusrty's annual growth is about %20. Air conditioning is not a luxury, but a need and Turkish customer has realized this fact, he adds.

December 21 - Sanyo Invests in New Solar Cell Production

Sanyo Electric Co. Ltd. will considerably expand the HIT Solar Photovoltaic Cell production capacity at the Nishikinohama Plant (Osaka, Japan) and Shimane Sanyo Electric Shimane, in order to respond to the huge and growing demand for solar photovoltaic systems. Sanyo produces its HIT Solar Photovoltaic Cells at two major locations: Nishikinohama Plant and Shimane Sanyo, with a total production capacity of 165 MW (as current of December 19, 2006). In Fiscal Year 2007, by investing approximately 9 billion yen in new production equipment at the Nishikinohama Plant, Sanyo will increase cell production capacity at the plant from its current level of 115 MW to 210 MW. Therefore the total production capacity in Fiscal Year 2007, including that of Shimane Sanyo, will increase to 260 MW.

In Fiscal Year 2008, Sanyo will invest approximately 10 billion yen in Shimane Sanyo, and establish new production facilities with a view to start operations in September 2008. As a result, cell production capacity at Shimane Sanyo will increase from the current level of 50 MW to 140 MW. Accordingly, total cell production capacity, including that of the Nishikinohama Plant, will increase to 350 MW.

December 13 - ARI Announces Resignation of William G. Sutton

The Air-Conditioning and Refrigeration Institute (ARI) announced today it has accepted the resignation of its President, William G. "Woody" Sutton, effective the end of February 2007.

"On behalf of the ARI Board of Directors, I commend Woody for the advances ARI has made during his tenure and thank him for the contributions he has made to the entire HVACR industry," said ARI Chairman Robert Wilkins.

Sutton was elected president of ARI in September 2001 following his retirement as Rear Admiral, United States Navy. During his five-year tenure at ARI, the organization has made numerous advances in developing of industry standards; expanding product certification programs; strengthening the organization's state, federal, and international legislative and regulatory advocacy efforts; recruiting, training, and developing skilled HVACR technicians; and building cooperation among industry organizations worldwide.

"I am honored to have been able to contribute to the growth and success of ARI during my tenure," said Sutton. "It has been a good experience for me to lead the ARI organization and to work with the HVACR industry. I am proud of our many collective accomplishments."

Mr. Sutton has offered to be available to support the transition until his successor is named. Until that time, day-to-day activities will be managed by ARI Chief Operating Officer and General Counsel Stephen Yurek, and ARI Senior Vice President Mark Menzer.

December 06 - Fedders to Sell Polenz GmbH to ACE Klimatechnik

Fedders Corporation, USA, a leading global manufacturer of air treatment products, recently announced that it has signed a contract with ACE Klimatechnik GmbH of Frankfurt, Germany, for ACE to acquire from Fedders, one hundred percent of the shares of Polenz GmbH, a premier distributor of HVAC products in Germany. ACE is a subsidiary of Electra Consumer Products Ltd., an Israeli public company whose shares are traded on the Tel Aviv Stock Exchange, and which is part of the Elco Group of Companies. The purchase price is 5.5 million Euros in cash. It is anticipated that Polenz' 2006 revenue will be 17 million Euros. The companies expect the sale to be completed during 2006.

Commenting on the sale, Michael Giordano, Fedders CEO said, "The divestiture is in keeping with Fedders' plan to focus on its core markets in North America and Asia."

December 02 - Carrier Announces Price Increases for Comm'l AC and Heating Products in Asia-Pacific

Carrier Corporation, a unit of United Technologies Corp., has announced price increases of five percent across its commercial air conditioning and heating product lines in Asia-Pacific, effective January 1, 2007.

Commodity costs have risen steeply, led by copper, which is up 80 percent since the beginning of this year. Steel prices have also increased approximately 20 percent this year. Carrier has been able to offset only a portion of these cost increases through productivity improvements, making further price adjustments necessary.

Carrier Corp., located in Farmington, Connecticut, USA, is the world's largest provider of heating, air conditioning and refrigeration solutions, with operations in 172 countries. United Technologies Corp. provides a broad range of high technology products and support services to the aerospace and building systems industries.

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