ACR-News

 

Hisense in Kelon take-away

HISENSE Air Conditioner Co has bid $111m for the 262 million shares owned by Greencool in fellow Chinese manufacturer, the troubled, Kelon. Guangdong Greencool is Kelon's largest shareholder with a 26.43% stake.
Last month, Kelon's chairman Gu Chujun, and four other Kelon executives were detained by Chinesauthorities on suspicion of committing 'economic crimes'. Kelon subsequently fired Mr Gu whom securities regulators said they suspected of overstating the company's profit since 2002. Gu owns 60% of Guangdong Greencool.

Coronavirus industry update

UPDATED 22 April: In response to the Coronavirus pandemic, manufacturers, wholesalers and distributors are issuing statements regarding their operations as the situation evolves. The most up to date information from each company is listed below and ...

  25-Mar-2020

New Condair condensing gas-fired humidifier

Condair is launching a new condensing gas-fired humidifier - the Condair GS. Its condensing system transfers heat from exhaust flue gases into the incoming water supply. This minimises energy consumption by reducing the need to heat the water tank. ...

  22-May-2020

New Zanotti GM Wall Mounted Monoblock

AFR Refrigeration Ltd introduces the new GM range of through wall mounted monoblocks with refreshed modern appearance and upgraded touch style control panel keypad.
  22-May-2020
https://www.acr-news.com/hisense-in-kelon-take-away