Page 24 - Climate Control News Magazine May 2019

Happy Anniversary
Biggest headlines
from 2002 to 2019
TO COMMEMORATE 200 ISSUES, CCN LOOKS AT THE BIGGEST HEADLINES IN THE FIRST EDITION OF THE MAGAZINE AND COMPARES THEM TO THE STORIES DOMINATING THE NEWS TODAY.
WHILE A LOT has changed in the past 17 years, there are some surprising similarities.
2002 was an ARBS year so there was plenty of activity with CAREL announcing plans to ac- quire Eurotec and the Australian Greenhouse Office finalising a HCFC extension.
Yes it’s true there was actually an Australian Greenhouse Office.
Even back then there were changes being made to the Building Code of Australia to improve en- ergy efficiency and cooling tower owners had to register with the Victorian government.
Is it just me or do these stories sound very familiar?
Another big story in 2002 was Southcorp’s sale of its Solahart water heater business to Japanese company, Paloma Industries and its New York subsidiary, Rheem Manufacturing for a cool $540 million.
Southcorp also sold Clean Air Systems to US manufacturer Tyco International for $60 million. Meanwhile Actrol Parts announced the ap- pointment of Jim Allan as its new general man- ager and the Arup Group finalised the merging of its three partner companies in Australia and
began to trade simply as Arup.
China will become the world’s largest market for
the production and consumption of air condition- ing by 2005, according to a 2002 report in CCN.
The Building Services Research and Informa- tion Association’s (BSRIA) study said China is al- ready the world’s number one market for win- dows and minisplits.
In the same issue of the magazine Polyaire fi- nalised its acquisition of the Variflow metal air diffusion business. Polyaire had acquired the Ad- elaide company two years earlier with a view to entering the commercial air conditioning mar- ket, the article said.
Many of the major advertisers featured in the magazine 17 years ago are still around today in- cluding Daikin, Fujitsu General and LG.
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