Mitsubishi Electric to invest in a new plant at MACT

Mitsubishi Electric Corporation announced that it will invest 1.44 billion Turkish lira (USD 113M) in a new plant at Mitsubishi Electric Air Conditioning Systems Manufacturing Turkey Joint Stock Company (MACT). The expansion will expand MACT’s annual capacity for air-to-water (ATW) heat pumps to 300,000 units, up by 100,000 units from the current capacity, and room air conditioners to 1,100,000 units, up by 300,000 units. Production will begin in February 2024. Mitsubishi Electric is growing its global Heating, Ventilation and Air-Conditioning (HVAC) business under an expansion strategy through 2025 that is focused especially on the European heating-system market. Conventional boiler-type heaters that rely on fossil fuel are rapidly being replaced with ATW heat pumps in line with Europe’s decarbonization policies, which is driving the rapid growth of the ATW market in Turkey and across Europe. Meanwhile, ongoing climate change is stimulating increased demand for room air conditioners, which are increasingly being viewed by local consumers as commodities rather than luxuries.

Eco-friendly CO2-emission-reduction measures at the plant will include enhanced thermal insulation, exhaust-air heat recovery and effective use of renewable energy.

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