Electrolux Says Profit Hit By Supply Chain Disruptions

Swedish home appliances maker Electrolux AB’s net profit plunged 81% to 257 million Swedish kronor ($25 million) in the second quarter of the year, due to supply chain disruptions, Barrons reported citing AFP. Supply chain disruptions adversely affected the availability of essential components and production schedules, and also increased the costs of airfreight for the companyThe irregular deliveries of multiple components, mainly electronics, continued to significantly impact our volumes, cause severe production inefficiencies and increase costs for airfreight,” he said.

By contrast, second-quarter sales increased by 11 percent to 33.7 billion kronor, as higher selling prices offset the supply crunch.

Electrolux said it was still unable to meet demand, especially in its laundry and premium cooking segments.

“We continue to collaborate closely with our suppliers to mitigate these supply chain constraints and expect sequential improvements from mid-2022,” Samuelson said, noting the risk of further disruptions still loomed.

Electrolux and SolarizEgypt join forces to build solar power plants for sustainable development

Electrolux, the world’s largest manufacturer and supplier of electrical appliances with well-known brands including Zanussi,

signs an agreement to develop a solar power plant at its factory with SolarizEgypt, the leading implementation and Construction Company in Egypt and the Middle East. The energy will be used to produce washing machines, refrigerators, Delta electric water heaters, and stoves. This deal supports the Egyptian government’s efforts to transition to clean energy and achieve long-term sustainable development

Whirlpool new manufacturing site in Bangladesh

Whirlpool Corporation,and Transcom Group, one of the renowned business houses in Bangladesh, yesterday announced an agreement to set up a manufacturing plant in joint venture to make refrigerators in the country, The plant, spreading over approximately 85,000 square feet area, will manufacture a wide range of technologically advanced refrigerators for sale by Whirlpool and Transcom under their respective brands

Infinity G1 Edition, the new Teka special edition line

Teka consolidates its commitment to design with the launch of Infinity | G1 Edition , its new line of household appliances. This range has been developed in collaboration with the Italian design studio Italdesign Giugiaro , which has inspired and manufactured innovative solutions throughout the world.

Among the appliances that make up Infinity | G1 Edition, there are the Gas on Glass plates with self-ignition technology. Also a state-of-the -art pyrolytic oven ; a vertical hood with the FreshAir system, which renews the air, getting rid of annoying odors and keeping the environment fresh; a compact oven with SurroundTemp multifunction that guarantees better heat distribution; and a ceramic-based integration microwave Infinity | G1 Edition is the most accurate portrait of what design means to us”, assures the Teka team. And it is that it is a special edition inspired by emerging trends in jewelry, exclusive vehicles and the latest technology in premium products.

Thus, the new line is equipped with technological features and benefits that provide precision and simplicity during its use . In addition, it stands out for its attractive and elegant aesthetics, in matte black with copper-colored details .

One of the purposes of the new line Infinity | G1 Edition is to demonstrate that design is one of the fundamental pillars of Teka. In this case, it combines Italdesign’s design with the firm’s interest in turning the kitchen into a setting for significant experiences .

In this sense, Teka’s Infinity Design concept arose as a response to the firm’s need to integrate design into its entire range of products and solutions for the kitchen. Therefore, it is based on a key idea: “Everyone deserves great design”.

However, this concept was born under the motto “Where cooking becomes art” and, without knowing it, it marked the beginning of a new stage for Teka. A phase based on four design principles : minimalism with performance, originality, authenticity and personality, and intuition and functionality.

Now, Teka’s goal for 2022 is focused on continuing to offer designs capable of creating unique experiences and products for consumers’ kitchens to view more see Teka in you tube https://www.youtube.com/watch?v=Ori5n-93TBs

Railway line from Trieste to Gorenje plant in Velenje

Cosco Shipping established a special railway line for container transport from the port of Trieste to Gorenje industrial park in Velenje. «This new line is very important for improving the transport system for our factories in Velenje and for ensuring a stable supply chain – said Hisense Europe President Hanson Han -. As a global brand that is deeply rooted in the European market, Hisense has always set its main goal on providing high quality products and services to European customers. Localized R&D in Europe, as well as our production and sales have always been our long-term strategy to support this goal».

After Hisense acquired the Gorenje brand and its European factories in 2018, its products and services are deeply integrated with Gorenje products and services, which is lead to a further enhanced localization strategy. «We now transport products made here in Europe not only to European markets, but also to markets in Asia, America and other parts of the world, with the help of the Cosco Shipping network, thus meeting market demand and realizing our vision of development» – Hanson Han added.

Hisense manufactures its products from the segments of household appliances, consumer electronics, communications, information technology and others in 29 industrial parks in Asia, Europe, Africa and South America, and exports to more than 160 countries and regions around the world. China Cosco Shipping Group is one of the largest shipping companies in the world, with a fleet of more than 1,400 vessels and a total capacity of more than 112 million dead weight tons. Of this, the container fleet comprises 507 ships with a capacity of 3.04 million containers

Fisher & Paykel DishDrawer updated

DishDrawer from Fisher & Paykel is undergoing is most significant evolution since its creation in Newzealand more than 20 years ago.

For the first time, the fully integrated DishDrawer is available, in Series 11 specification, with an all stainless steel interior, touch on glass interface and enhanced energy and water management to bring yet more efficiency to full or true, half loads.

In integrated form, as a double or a single unit, the superior ergonomics of a drawer are the reason the DishDrawer is widely regarded as the very best solution at home. To use one is to understand it is simply better to use than a drop door dishwasher and based on its energy use, the most cost effective solution too over time for most households.

The Series 11 range will be exclusively available to F&P kitchen design partners,

https://www.fisherpaykel.com/uk/dishwashing/integrated-dishwashers/

Hisense new facility

Construction works have started for Hisense new cooling factory in Valjevo. Hisense will invest over 40 million euros in the new Valjevo 3 factory, where state-of-the-art refrigerators of the Hisense, Gorenje, and Asko brands will be produced, mainly for export to demanding European markets. We plan to open the factory in February next year.
Gorenje has been successfully operating in Valjevo for 16 years and provides more than 1,600 jobs to the residents of Valjevo and the Kolubara district. The launch of the new factory will mean the employment of an additional 1,000 workers in the next three years.

Daikin new heat pump facility

Daikin Industries announced the intention to invest 300 million euros to establish a new factory for heat pump units at the Ksawerów Industrial Park in Lodz Province, Poland. The new production base will start operations in July 2024 to meet the rapidly increasing demand for heat pumps in Europe.

Over the past decade, the European heat pump heating market has grown by an average annual rate of 10% to achieve sales of 1 million units in 2021. The European Green Deal policy, which aims to eliminate greenhouse gas emissions in the EU region by 2050, has further accelerated the spread of heat pumps. Market expansion is forecast to hit annual sales of at least 3 million units by 2025.

THE BIGGEST BREAKTHROUGH IN COOKING SINCE THE DISCOVERY OF FIRE

The art of cooking revolves around control. That not only applies to creating the perfect balance of flavors, but also the precise heat to bring them to life. A mere matter of degrees can mean the difference between a beautifully-inbrowned grouper and a mushy mess. The Smart Gas Range from Hestan gives you precision control of your flame’s temperature – not just the size of flame. Set your flame’s heat to the exact degree you need and your Smart Gas range automatically maintains that perfect temperature – for perfect results every time.


Smart Gas controls your flame by temperature, not just size.


DON’T EYEBALL IT. CONTROL IT. ACCUKNOBTM
The Hestan Smart Gas AccuKnobTM not only gives you precision control down to the degree, it automatically adjusts to maintain that perfect temperature as you cook. No flare ups. No boil overs. No scorched surprises

Rowenta introduces the new limited-edition “Rowenta x KARL LAGERFELD

The Rowenta x KARL LAGERFELD product range includes a wide variety of hair styling products such as hair dryers, straighteners and stylers . The models stand out above all because of their black design with a minimalist red touch. The iconic LAGERFELD cameo pattern completes the entire design.

The range includes a total of 11 products that were specially developed as part of the exclusive partnership and are intended to offer “professional styling with radiant results

” Hair dryer with a powerful motor that offers salon-level drying performance and modern technologies such as Air-to-Care ionic technology that enhances the natural shine.
Hair straightener with Keratin & Glow coating that provides exceptional shine and movable plate system that promises a fast and stress-free straightening experience.
Hot air brushes with Pro-Dual motion, which also has the ionic function and a Keratin & Glow coating, which offers long-lasting shine in addition to first-class drying comfort.
Curling irons that give natural-looking curls and waves and enable a glamorous appearance with an elegant hair feel.