Danfoss expands in China

Danfoss’ net sales have doubled in China since 2008. Expectations are that growth will continue, driven by the migration to cities and the growing middle class, which are contributing to the increasing energy consumption. In an effort to reduce the emission of greenhouse gases and the consumption of coal, the Chinese government has a vision of creating a sustainable urbanization and building more green cities; and targets have been set at local level to reduce the pollution. Danfoss has obtained a key position in the green transition thanks to its long-standing and strong relationship with a number of Chinese regions. Consequently, the company opened two new factories in the Haiyan county, near Shanghai today, which will house the production of energy-efficient heat exchangers for the heating of buildings and cooling as well as components and systems for construction vehicles.

Niels B. Christiansen, the CEO of Danfoss, took part in the factories’ opening ceremony with representatives of the Chinese government and Danish embassy. He says:
“China is a very important market for Danfoss, and we want to be close to our customers to service them as best as possible, and deliver high-quality localized products. That way, we will better meet China’s increasing need for solutions which save energy, reduce the pollution, and help build the infrastructure in the fast-growing cities.”

Shen Xiaohong, a local government representative from Haiyan, was also present at the opening, and she expressed her contentment with the factories and the difference that Danfoss makes: “Danfoss’ successful development in Haiyan brings new vitality into the local community. Danfoss is not only a good model of excellent foreign enterprise in Haiyan; it also sets a good example of innovation for local enterprises to learn from. The opening of Danfoss’ new plants today marks a new era of a mutual beneficial relationship between Haiyan and Danfoss.”

Facts on the factories:
One factory building consists of an expansion of 42,314m² of the existing factory in Haiyan, and it will house the production of energy-efficient heat exchangers for heating and cooling systems, plus a laboratory and warehouse. The other factory is a new Danfoss Power Solutions factory of 21,000m², which will produce hydraulic and electronic components and systems for vehicles used to build the infrastructure in the country.

With the opening of the two factories, Haiyan will be Danfoss’ second-largest campus in China – surpassed only by the factories in the Wuqing district in the city of Tianjin, near Beijing.

Danfoss is a global leader focused on energy-efficient solutions that save energy and costs, and reduce carbon emissions. The company’s wide range of products and services are used in areas such as cooling food, air conditioning, heating buildings, controlling electric motors and powering mobile machinery. The company is also active in the field of solar and wind power as well as district heating and cooling infrastructure for cities and urban communities. Danfoss was founded in 1933 in Nordborg, Denmark. Today, the Group employs around 23,000 employees and sells its products in more than 100 countries around the world. Read more about Danfoss at www.Danfoss.com. Learn about its energy-efficient solutions at: http://www.danfoss.com/SolutionsReady/

Source: Danfoss

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