INTERNATIONAL
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Trade Journal for
House Technology
As the name suggests, RAS-Internatio nal is read
in many countries, we will therefore be including
a few stories from around the globe.
W W W. R A S - O N L I N E . C O M
Messe Frankfurt
areas in building development at
one central location.
Commenting on the success of
the show, Mr Richard Li, General
Manager of Messe Frankfurt
(Shanghai) Co Ltd shared: “I am
pleased with the overall participation figures for exhibitors and
visitors this year. The increasing
participation rate confirmed the
importance of this show and China’s rise as the next great HVAC
market. From my interaction with
exhibitors and visitors, the 2014
show has served as a great tool
in growing their businesses and
making key industry contacts.”
Mr Li Hongbo, General Manager
at Beijing B & D Exhibition Co Ltd
added: “The market demand for
HVAC technology in East and
Central China continues to grow.
Through incorporating interactive
concurrent events at the fair, we
have positioned ISH Shanghai &
CIHE as the regional destination
for all HVAC and building technology-related professionals to
promote knowledge exchange
among industry experts.”
An engaging
experience
ISH Shanghai & CIHE – Shanghai
International Trade Fair for Heating, Ventilation and Air-Conditioning successfully concluded its
2014 edition. Held from 3 – 5
September at the Shanghai New
International Expo Centre, the
fair displayed one of the most
comprehensive collections of
HVAC products and solutions developed specifically for East and
Central regions of China.
Co-organised by Messe Frankfurt
(Shanghai) Co Ltd, Beijing B & D
Tiger Exhibition Co Ltd, Shanghai
Zhanye Exhibition Ltd, and China
Council for the Promotion of International Trade (CCPIT) –
Shanghai Pudong Sub-Council,
the fair attracted 239 exhibitors
and 13,708 professional visitors
worldwide while utilising 11,800
sqm of space.
ISH Shanghai & CIHE 2014
show figures at a glance:
Total number of visitors
13,708 (+35% from 2013)
Local visitors
12,944
Overseas visitors
764
Number of represented countries
and regions
45
Top 10 visiting countries and regions outside of China (in order
of highest attendance)
Korea, Hong Kong, Japan, India,
Thailand, Taiwan, Germany, Italy,
Singapore, Australia
Total number of
exhibitors
239
Local exhibitors
165
Overseas exhibitors
74
Number of exhibitor countries
and regions represented
14
The 2014 edition was held in
conjunction with Shanghai Intelligent Building Technology Fair,
Building Solar China Conference
and Exhibition, and the inaugural
edition of Shanghai International
Lighting Fair. Better known as the
“Intelligent Green Building - IGB”
exhibition platform, the four collective events welcomed over
40,000 visitors, more than 600
exhibitors and covered 40,000
sqm exhibition space. It provided
participating exhibitors and visitors a prime opportunity to explore four of the most important
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Trade Journal for House Technology
Management (Shanghai) Co Ltd
said, “I came to source products
from new industry brands, and
connect with agents and partners. The fair’s atmosphere is very
positive and I noticed some of
the exhibitors at the Shanghai
show have also participated in
the Beijing show earlier in May,
proving the significance of this
platform. Additionally, there are
a number of European brands
who have caught my attention,
particularly from Turkey. Overall,
the Shanghai show has exceeded
my expectations and I have thoroughly enjoyed the show.”
Exhibitors and visitors
applauded the show’s
professionalism
Exhibitors at ISH Shanghai & CIHE praised the show for its ability
to connect them with their target
audience. Whether they were selling heat pumps, floor-heating
products or their other latest individual heating solutions, the
fair gave exhibitors the chance
to promote their brands, as well
as educate customers on their
unique benefits.
Mr Yang Kun, General Manager
of Guangzhou Devotion Domestic
Boilers Manufacturing Co Ltd said:
“We have been participating at
ISH Shanghai & CIHE since its inaugural launch in 2012 and have
witnessed a significant advancement of the show. This year, we
met a large number of targeted
customers, mainly distributors. I
believe that East and Central China region will have the fastest
growth rate in China’s home heating market and individual heating
will be the best solution in this region in the foreseeable future.”
This year marked the second year
96 RAS International · 11 · 2014
of the European Pavilion to ISH
Shanghai & CIHE. The pavilion,
highly regarded by visitors, highlighted some of the best technologies currently available from
the continent. Visitors were impressed by the comprehensive
quality HVAC technologies and
products displayed by the international and domestic leading
brands.
Mr S. Zeki Poyraz, Chairman of
Turkish HVAC-R Industry Exporters’ Union, confident with
the Chinese market for Turkish
suppliers commented: “China is
an important market for Turkish
companies. With increased focuses on urbanisation and better
concepts on standards of living,
people in the region are gearing
towards quality and reliable products that match with the European standard. The Shanghai
show is an important platform
for exhibitors to gain access into
the Chinese market and I am very
impressed with what I saw here
at the show.”
Mr He Le, Marketing Specialist,
Danfoss Automatic Controls
Shanghai International
HVAC Forum
Over the course of the three-day
exhibition, a series of seminars
and forums were held on emerging technologies and solutions in
HVAC development. One of the
highlighted concurrent events
was the inaugural Shanghai International HVAC Forum. Co-organised by the Association of the
European Heating Industry –
Dept 12, the Association of the
Floor-heating Committee of Chi-
na Construction Metal Structure
Association, and the HVAC&R
Sub-council of China Architectural
Society, some of the industry’s
most influential experts and
scholars were invited to share
their views on market trends and
the latest industry news.
Forum speaker, Mr Liu Chen, Representative of the Association of
the European Heating Industry,
and General Manager, Sales &
Marketing China, Uponor Trading
(Beijing) Co Ltd commented: “The
Shanghai International HVAC Forum was well organised and the
response from the audience was
great. The forum served as perfect
channel to exchange industry information and share heating
knowledge. The topics covered in
the forum helped raise awareness
for more efficient and energy-saving HVAC products. Additionally,
I noticed an increasing demand
for quality HVAC products in the
East and Central China regions;
this will without a doubt provide
ample business opportunities for
European and North American
suppliers who are looking to tap
the Chinese market.”
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tatives of both countries who
played in the 1974 final Benedikt Mahr, Paul Breitner
(Germany), Mauro Odorisio (Italy)
and Frans Geurts (Netherlands).
Friendly banter about the final
was exchanged and, 40 years after the event, the game was dissected and analysed. The result,
however, remains the same – sorry Netherlands, despite leading
after only 90 seconds, it is the result after 90 minutes that counts.
Breitner and Geurts delivered a
show of which many a sporting
double act would have been
proud – although, they did fail to
mention that in the same tournament Scotland held record
FEST
54th Congress a
huge success
There were a few events that
took place in Munich in September, some better known than others. No, we are not talking about
the Oktoberfest, well, at least,
not “the Oktoberfest”. This event
was a little more exclusive.
From the 11-14 September, the
Bavarian capital city of Munich
was host to the 54th FEST congress. S-HVAC wholesalers from
all over Europe made their way
to the city on the river Isar to attend what could only be described as a particularly unique
event.
The first day of the congress was
packed full of activities to allow
the delegates to gather as much
practical insight into the German
wholesale trade as possible. The
participants were treated to a
busman's holiday by visiting the
headquarters of Giegner. The visit
comprised of an informative tour
of the warehouses and logistic
centre followed by a presentation
on the company history and
question and answer session.
As everybody knows, Munich is
home two famous football teams,
1860 Munich and Bayern Munich. Both teams play their home
games at the Allianz Arena. This
was to be the next stop on the
journey – not for a match, but for
a tour of the stadium with a difference. The tour guides modified
the normal tour to give the visitors an in-depth look at the tech-
nology that goes into building
and powering a football stadium.
After completing the extensive
tour, the group was joined by Paul
Breitner, the German international and one of the goal scorers
from the 1974 World Cup final.
The last piece of information may
not seem so important until one
point out that there was to be a
panel discussion. The members
are from three footballing nations
and, more importantly, represen-
holder Brazil to a goalless draw.
After a very amusing discussion,
it was time to return to the city
for the welcome dinner.
Friday was the main congress
day and they say that “the proof
of the pudding is in the eating”
and this was the case in Munich.
Two years of meticulous planning
by the German association DGH
resulted in perfection. A first class
and varied combination of speakers, presentations, workshops
and discussions made the day
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Trade Journal for House Technology
Frans Geurts, Director General of FEST released the following statement:
both interesting and informative.
Panel discussions allowed leading representatives from industry
to express their opinions on the
current situation and future of
the S-HVAC sector and exchange
views with the wholesalers. The
presentations and their complex
nature cannot be shown here fully, for more information the papers can be found at
www.fest2014.net/pdf. The day
concluded with FEST President
Benedikt Mahr thanking the delegates for attending the congress and informing them that
98 RAS International · 11 · 2014
the 55th congress will be held in
Gent in September 2016.
Saturday was set aside for a tour
of the city, a sail on Lake Starnberg and a evening with a difference. The Bavarians pride themselves on being rather “unique”.
This was to be demonstrated at
the gala event. The delegates
dressed in traditional Bavarian
dress to attend their very own
“Oktoberfest”. Typical Bavarian
fare accompanied by live music
and dance made for an enjoyable
evening and conclusion to a very
special few days.
All those who contributed to the 54thFEST congress : Thank you for all
your excellent work!
It is fair to conclude that the 54th FEST congress was a great success!
So many people have contributed in so many ways to turn this event
into a smoothly running meeting with many very interesting presentations
and a very good atmosphere for discussion and networking. We owe
much gratitude to President Benedikt Mahr for selecting Munich as the
venue, to the German Association DG-Haustechnik for giving structure
to the program and for organizing this conference and to the participants
for supporting the conference in many direct and indirect ways. We
thank all sponsors for their generosity and interest in the conference.
The staff of DG Haustechnik has taken care of professional excellence
and high-quality catering.
The 54th FEST congress staff has worked very professionally in registering
all participants, interacting with
them on many details, organizing
many aspects of the conference
such as catering, time coordination,
logistics and accommodation. M.
Uwe Schwarting, M. Bernd Werschmöller and M. Achim Laubenthal are gratefully acknowledged.
You as participants are thanked for
all your great input and for many
fruitful discussions and interaction.
“This was a great meeting” many
of you have said to me. Thank you
for being so positive!”
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Geberit/ Sanitec
Takeover
bid announced
Geberit has announced a tender
offer to acquire Sanitec, according
to company statements, Europe’s
leading company in the area of
bathroom ceramics. The offer price
of SEK 97 per share corresponds
to a total value of the offer of CHF
1.29 billion; the acceptance period
for the Offer is expected to begin
on or about 17. November 2014
and expire on or about 22. December 2014. The new company
will be a unique integrated company in the sanitary products market in Europe.
Geberit AG announced that it is
making an offer to Sanitec’s
shareholders to acquire their
shares at a price of SEK 97 each,
corresponding to a total transaction value of CHF 1.29 billion for
100% of the shares. The offer
represents a premium of 29%
compared to the volume weighted average trading price of the
Sanitec shares on the Stockholm
Stock Exchange over the past
three months. The merger is being
Intersolar Summit India
Excellent opportunity to expand
market presence
When the Indian government
launched the program "Jawaharlal Nehru National Solar Mission"
in 2010, the installed solar capacity of the country was just 30
MW. With the help of the program and a three-phase plan, India will become one of the
world’s leading markets for solar
energy. By the year 2022 the government intends to install a capacity of 20,000 MW. Currently,
the country is well on its way to
achieving this goal. The second
phase, which has been active
since 2013, provides for creating
an additional 10,000 MW by
2017. By the end of May 2014
completely financed by Geberit
using its own funds, as well as by
new debt to be taken on. The offer is subject to customary conditions including an acceptance
rate in excess of 90% of the
shares and clearance from relevant merger control authorities.
The committee made up by those
of Sanitec’s board members who
do not represent shareholders
who have undertaken to accept
the Offer has unanimously recommended Sanitec’s shareholders to accept the offer – a corresponding recommendation is released by Sanitec today. In addition, the two largest shareholders
of Sanitec, EQT and Zeres Capital,
jointly holding 25.5% of the Sanitec shares, have given irrevocable
undertakings to accept the offer
for all of their shares.
Geberit CEO and Chairman of the
Board of Directors Albert M.
Baehny comments as follows:
“This transaction will make us
the leader in the sanitary products industry and expand the addressable market for Geberit. We
will strengthen our access to end
consumers and our presence in
showrooms. These aspects are
crucial, especially in those markets where end consumers are
the key decision makers. The
transaction is a promising union
of leading brands in the areas of
sanitary technology and bathroom ceramics. The outstanding
reputation of both companies for
product quality and reliability,
service and innovation combined
with strong brands make this
combination a perfect match.”
For Geberit, the merger with Sanitec represents an expansion of
its strategic focus. The future
product offerings will be enhanced with bathroom ceramics.
The new company will be the
market leader for sanitary products in Europe, combining behind-the-wall technical knowhow with in-front-of-the-wall design competence. Geberit is excited about the prospect of collaborating with Sanitec’s professional and knowledgeable staff
to extract the expected significant
benefits from the combination of
the two companies. All elements
of the integration and target organization will be developed
jointly with representatives from
both companies.
According to a pro forma calculation based on 2013 figures and
not taking into account the merits
of the combination, the combined
company generated net sales of
roughly CHF 2.9 billion with an
operating profit (EBIT) of just under CHF 600 million, corresponding to an EBIT margin of about
21%. Net income was just under
CHF 500 million, which corresponds to a return on sales of approximately 17%.
About Sanitec
- According to company statements, leading European producer and supplier of bathroom
ceramics
- Net sales of EUR 702 million in
2013 with an EBIT margin of
9.7%
- 6,200 employees worldwide,
18 production facilities and 24
sales units in Europe
- Multi-brand strategy with 14
leading brands operating in Europe on a local basis
- Shares are listed on the Stockholm Stock Exchange (IPO in
2013)
India had a solar capacity of
2,500 MW and in June the government announced the addition
of another 1500 MW grid-connected solar power.
Pforzheimer Solar Promotion International and the FMMI
(Freiburg Management und Marketing International GmbH) together with MMI (Messe
München International) hosted
the Intersolar Summit India on
September 22, 2014 in the Hotel
Vivanta By Taj – Yeshwantpur in
the Indian high-tech city of Bangalore to illustrate the opportunities in the Indian solar energy
market for investors, manufacturers and project developers and
to discuss current developments
with market players. The conference was Intersolar’s first summit
on Indian ground and it began
the countdown for the trade fair
Intersolar India, which takes place
during November 18–20, 2014
in Mumbai. The event will be
opened by Jens Rohde, Consul
General of the German Consulate
General in Bangalore.
An important focus of the presentations of the summit will be
the implications of the "Jawaharlal Nehru National Solar Mission." Indian government officials
will talk about the experiences
of the first phase and make clear
the possibilities of the second
phase, which is currently being
carried out. The participants can
also expect a series of interactive
lectures on the political conditions in the major Indian states
and top-notch podium discussions with expert panels. Confirmed are, among others, Dr. P.C.
Pant from the Ministry of New
and Renewable Energy, Govern-
ment of India, Shri S.R. Mohanty,
Additional Chief Secretary, Government of Madhya Pradesh,
New & Renewable Energy Department and Sri M. Kamalakar
Babu, Managing Director of the
Non-Conventional Energy Development Corporation of Andhra
Pradesh Ltd. (NEDCAP).
The substantial growth in the
construction of new solar energy
systems will present the Indian
energy infrastructure with major
challenges. Therefore, another
program point is dedicated to
the technological applications
that enable the efficient integration of solar energy production
with the Indian power grid and
ensure supply security. In order
to accomplish this goal, various
options have to be evaluated,
such as mini-grids and energy
storage.
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