Page 25 - Climate Control News March 2020
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Commercial Air Conditioning
2020 STRATEGY
As an independent company, Carrier expects to drive accelerated top and bottom-line growth through:
• Investments in its sales force and
product innovation;
• Increasing product extensions and
geographic coverage;
• Growing service and digital offerings to
create recurring revenue opportunities;
and
• Implementing tenacious cost reduction
with plans for a $600 million reduction in supply chain, factory and general and administrative expenses by the end of 2022.
on customers to drive growth. At Carrier, we have a strong foundation, and our best days are ahead.” UTC has confirmed that the formal separa- tion with Carrier is likely to be completed by April, 2020. It follows an announcement in No- vember 2018 that UTC will separate into three independent companies by spinning off its Car-
rier and Otis elevator businesses.
The spin off was first announced following
UTC’s acquisition of aerospace company Rock- well Collins which made UTC an industry-lead- ing aerospace systems supplier.
UTC chair and CEO, Gregory Hayes, described the decision as a pivotal moment in the compa- ny’s history and will place each independent company in the best position to drive sustained growth and maximise value creation.
Speaking at the announcement of its fourth quarter financial report, Hayes said operational separation activities for Otis and Carrier are sub- stantially complete, and “we are executing the fi- nal steps required to spin both businesses as inde- pendent companies early in the second quarter.”
While Carrier sales dropped last year, UTC as a group delivered record sales of $19.6bn in the fourth quarter, up 8% on 2018.
Looking to the future, Carrier plans to invest in its global sales force and product innovation.
As well as looking to grow its service and digi- tal offerings, Carrier is also looking to increase its penetration in the VRF air conditioning mar- ket. Although a small player in the VRF market, Carrier is looking for double digit organic growth in this sector over the next five years.
HVAC commercial president Chris Nelson said that it saw regulatory changes and the demand for lower GWP refrigerants and greater efficiencies as an “outstanding opportunity” for the business.
Carrier also revealed plans for the refrigera- tion side of the business.
Last year, Carrier celebrated the installation of its 10,000th CO2 system in Europe. David Appel, president of refrigeration, revealed that it would now be looking to extend this technology into re- frigerated warehousing where he said it had “in- herent design advantages” over current systems.
Carrier's market-leading brands serve cus- tomers in more than 160 countries across three distinct segments – HVAC, Refrigeration and Fire & Security.
Currently known as Climate, Controls and Se- curity (CCS), Carrier had sales totalling $17.8bn in 2017. Post-separation Carrier will continue to include commercial and residential HVAC, auto- mated logic controls, Kidde and Edwards fire safety, as well s LenelS2 security solutions.
KFC chooses hydrocarbons for Sydney restaurant
THE KFC RESTAURANT in Seven Hills, west of Sydney, has installed an air conditioning system using hydrocarbons.
As part of the installation, KFC used two FRASCOLD reciprocating compressors of 15 kw, and the hydrocarbons mixture is mainly composed of propane (R290).
In a case study published on its web site, Frascold said R290 has a long list of advantag- es over other refrigerants including excellent thermodynamic performance, low operating pressure, low refrigerant cost and a low GWP.
“Propane R290 is a refrigerant that has been used for more than 10 years in industrial systems,” the company said.
Thanks to its excellent thermodynamic characteristics, Frascold said it is beginning to receive greater recognition.
“In the small hermetic systems R290 refrig- erant represents a valid alternative to the use of other refrigerants with a high GWP,” Frascold said.
“The only care that must be taken with the use of this refrigerant is related to its flammability.
“We have built the widest range of propane compressors in the world, from the smallest semi-hermetic piston (4 m3/h) series to the largest semi-hermetic screw (1.085 m3/h).
“Thanks to continuous tests and in collab- oration with important partners, perfor- mance increased and the best components have been chosen to guarantee maximum ef- ficiency and reliability.”
Frascold’s eight cylinder compressor.
CLIMATE CONTROL NEWS
MARCH 2020
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