CHINA: Sources in China report that Haier Central Air Conditioning has signed a strategic cooperation agreement with Italian air conditioning and refrigeration chiller manufacturer Geoclima.
The memorandum signed at the end of November seeks to establish “a network of interoperability and sharing of product technology and market resources to accelerate Haier’s localisation needs in the European water market”.
The agreement is also said to include the joint development of new high-efficiency products.
Established in 1994 producing air- and water-cooled chillers, Geoclima has been a pioneer in the adoption of HFO refrigerant technology in chillers using oil-less Turbocor compressors. With its headquarters and main manufacturing facility in north-east Italy, and further factories in Russia and Thailand, Geoclima produces around 500 chillers per year.