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Toshiba’s SMMS-e VRF wins top award

Toshiba's SMMS-e VRF wins top award Toshiba’s SMMS-e VRF air conditioning system has won the top award, ACR Product of the Year, in the National ACR Awards 2016
1 March, 2016
Toshiba’s SMMS-e VRF air conditioning system has won the top award, ACR Product of the Year, in the National ACR Awards 2016. The system delivers unrivalled energy efficiency, with all outdoor units exceeding 7 ESEER (European Seasonally Adjusted Energy Efficiency Rating), an industry first. The Toshiba system was crowned with the accolade at the awards finals in Birmingham Town Hall, after coming out top against a field of other well known brands in this competitive category. Innovations in three core technologies – the compressor, heat exchanger and advanced intelligent control – combine to deliver outstanding efficiency and comfort for building occupants.

A key component is a new rotary compressor, developed and manufactured by Toshiba, which uses a two-stage compression process for improved efficiency and performance. Wear surfaces on compression vanes are treated with a high-tech Diamond-Like Carbon (DLC) coating, giving outstanding hardness, wear resistance and reliability. It enables a significant increase in compressor rotation speed, resulting in a higher displacement volume – up to 50per cent greater than for the previous generation of VRF systems. The enables a higher duty to be obtained from a smaller compressor, with less power.

Picture:
Awards presentation: David Dunn (second right), director and general manager of Toshiba Air Conditioning, national accounts manager Jill Kay and David Mansell, Midlands regional sales manager, receive the award from Ian Shawcroft (left), head of HRP, and celebrity host Rod Woodward For further details on the SMMSe please contact your local Toshiba representative or Dealer or email info@toshibaac.in


Toshiba and United Technologies Sign New Agreement to Localize Operations of HVAC Joint Venture Collaboration will focus on North America, Europe and India

CEO and President of Toshiba AC 26 Mar, 2015
Tokyo - March 26, 2015 - Toshiba Corporation (Tokyo: 6502) and United Technologies Corporation (UTC) (NYSE: UTX) today announced plans to establish engineering centers in India, North America and Europe to support global innovation for heating, ventilating and air-conditioning (HVAC) products. This cooperation is the first to result from the companies’ recent agreement to further strengthen their strategic collaboration through their joint venture, Toshiba Carrier Corporation (TCC).The plan will leverage Carrier’s global footprint, with new engineering centers expected in India, North America and Europe within the next five years. The two companies also agreed on plans to localize manufacturing in the same regions in a similar time frame.

Toshiba Corporation is a world-leading manufacturer and provider of electric and electrical products and systems; and UTC, of which Carrier is a part, is the world’s largest provider of building technologies. TCC was formed in 1999, when Toshiba and Carrier joined forces to bring leading Japanese technology to markets worldwide.

In October 2014, Toshiba and UTC signed an agreement to expand their strategic collaboration that included an outline for enhancing cooperation in HVAC through TCC, targeting to accelerate growth and aiming to double the unit’s annual revenues in the next decade. The companies will also continue to explore collaboration on smart cities and machine-to-machine solutions.

"I am delighted to see UTC and Toshiba proactively forwarding our strategic collaboration and shaping up plans in the HVAC field,” said Mr. Hisao Tanaka, CEO and President of Toshiba Corporation. “The establishment of joint engineering centers and manufacturing will give Toshiba local product development, manufacturing and sales in key regions, which will increase our global footprint while allowing us to provide customers with greater value through localized solutions. At Toshiba, our diverse capabilities range from devices to battery and inverter technologies, and I hope to see this collaboration in HVAC become an engine that drives future cooperation between Toshiba and UTC and further strengthen ties between us."

"This agreement is a milestone in the long and successful relationship between United Technologies and Toshiba," said Geraud Darnis, President and CEO, UTC Building & Industrial Systems. "Through our expanded collaboration, our joint venture is positioned to pioneer new, innovative and customized solutions for customers around the world."

This press release contains forward-looking statements concerning future business opportunities. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to the effect of economic conditions in the markets in which we operate; levels of end market demand in construction and for heating, ventilating and air-conditioning solutions; challenges in the design, development, production and support of advanced technologies; as well as other risks and uncertainties, including but not limited to those detailed from time to time in Toshiba’s communications to investors and in UTC's Securities and Exchange Commission filings.

About UTC
United Technologies Corp., based in Hartford, Connecticut, provides high technology products and services to the building and aerospace industries. Our businesses include Pratt & Whitney, Sikorsky, UTC Aerospace Systems and UTC Building & Industrial Systems. For more information, visit our website at www.utc.com or follow us on Twitter: @UTC.

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