Feb, 20 2019 11:21 JST

Source: Mitsubishi Heavy Industries, Ltd.

MHI Thermal Systems Establishes Centrifugal Chiller, Air-Conditioner and Heat Pump Water Heater Construction and Engineering Company in China

- Operations Launched at JV with Local Firm -

- Construction and engineering capabilities strengthened through majority ownership via local subsidiary MHIAS
- Move targeted at forging structure enabling superior market competitiveness and expanded sales

TOKYO, Feb, 20 2019 - (JCN Newswire) - Mitsubishi Heavy Industries Thermal Systems, Ltd., a Group company of Mitsubishi Heavy Industries, Ltd. (MHI), has established and launched operation of a joint venture (JV) with Nantong Hualong Construction Engineering Co., Ltd. (Nantong Hualong), a general contractor based in Jiangsu Province, to undertake installation and engineering services of centrifugal chillers, air-conditioners and heat pump water heaters throughout China. The JV was founded through Mitsubishi Heavy Industries Air-conditioners (Shanghai) Co., Ltd. (MHIAS), a wholly owned subsidiary of MHI Thermal Systems based in Shanghai. MHI Thermal Systems created the new company with the aim of expanding sales in China by strengthening installation and engineering functions through a majority-owned JV.

The new JV, named Jiangsu Lingte Construction & Technology Co., Ltd., is based in the city of Haimen, Jiangsu Province, close to Shanghai. Targeting integration of MHI Thermal Systems' strengths in product technologies with Nantong Hualong's accumulated capabilities in installation and engineering, the JV will not only perform sales of equipment but also develop a structure for taking new orders, including installation and engineering work. In this way, Jiangsu Lingte Construction & Technology will support activities in the Chinese market toward expanding sales of MHI brand products.

MHIAS oversees marketing and servicing of centrifugal chillers, air-conditioners and heat pump water heaters in China. Leveraging the new JV's expanded capabilities in installation and engineering, MHIAS will forge a structure to support superior market competitiveness.

Nantong Hualong is a general contractor undertaking business throughout China, with a solid record of orders taken to date. Its business philosophy focuses on "Safety First and Higher Quality," and the company is widely acclaimed for its safety management and quality control at construction sites.

MHI Thermal Systems, by providing high-efficiency products and products with exceptional environmental loading reduction performance utilizing the natural refrigerant CO2, now coupled with the installation and engineering capabilities of its new JV, stands to strengthen its competitive position in China's increasingly environment-conscious market. Furthermore, by promoting the widespread adoption of such products, the company will also help to curb global warming.


About Mitsubishi Heavy Industries, Ltd.
Mitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial firms. For more than 130 years, we have channeled big thinking into solutions that move the world forward - advancing the lives of everyone who shares our planet. We deliver innovative and integrated solutions across a wide range of industries, covering land, sea, sky and even space. MHI Group employs 80,000 people across 400 locations, operating in three business domains: "Power Systems," "Industry & Infrastructure," "Aircraft, Defense & Space." We have a consolidated revenue of around 40 billion U.S. Dollars. We aim to contribute to environmental sustainability while achieving global growth, using our leading-edge technologies. By bringing people and ideas together as one, we continue to pave the way to a future of shared success.

For more information, please visit MHI's website: https://www.mhi.com
For Technology, Trends and Tangents, visit MHI's new online media SPECTRA: https://spectra.mhi.com


Contact:
Corporate Communication Department
Mitsubishi Heavy Industries, Ltd.
Email: [email protected]
Tel: +81-(0)3-6275-6278
Source: Mitsubishi Heavy Industries, Ltd.
Sectors: Engineering

Copyright ©2019 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.

Related Press Release


MHIEC Receives Order to Refurbish the Hiroshima Naka Waste to Energy Plant
August 20 2019 10:09 JST
 
New Combustor Center for Manufacturing Aero Engine Parts to be Established within MHI's Nagasaki Shipyard & Machinery Works
August 19 2019 11:49 JST
 
MHI Developing the QoEn Index for Energy Infrastructure to Support the Sustainable Growth of Society
August 09 2019 13:04 JST
 
MHI Asia Pacific Establishes Manila Representative Office in the Philippines
August 01 2019 12:19 JST
 
MHI Machine Tool Launches the New MAF-E II Series of Table-type Horizontal Boring Mills
July 24 2019 10:14 JST
 
MHI and Primetals Technologies to Acquire ABP Induction Systems
July 17 2019 16:56 JST
 
Mitsubishi Heavy Industries to Acquire Canadair Regional Jet Program from Bombardier Inc.
June 25 2019 20:32 JST
 
MHIET Develops "Triple Hybrid" Stand-alone Power Supply System with Renewable Energy
June 24 2019 12:25 JST
 
MHIENG Receives Order for Large-scale Polyethylene Plant in Texas
June 21 2019 10:54 JST
 
MHIEC Receives Japan Society of Industrial Machinery Manufacturers' "Chairman's Award" for Innovative High-viscosity Sludge Dryers
June 20 2019 18:01 JST
 
More Press release >>

Latest Press Release


More Latest Release >>