Household Appliances
Energy efficient features “ignored” by 9 out of 10 homeowners, Beko finds
A new survey of 6,000 homeowners and renters from across the globe, commissioned by leading appliance brand, Beko, has revealed that nearly 9 in 10 (89%) respondents globally ignore what’s best when it comes to energy efficiency in the home, despite 80% of those surveyed knowing how to use their household appliances in an energy efficient way.
The survey looks at global consumer attitudes and behaviours concerning energy efficiency and is part of its latest campaign to shed light on how kitchen appliances are used efficiently in the home.
While these results paint a contradictory picture of household efficiency, findings have shown that globally, almost 9 in 10 (87%) believe in the importance of energy efficiency and 78% take an interest in purchasing products that look to improve their household’s efficiency. However, the majority of respondents admitted to engaging in energy inefficient behaviours that are known to waste energy including:
Leaving the fridge door open when deciding what to eat (29%)
Leaving a freezer plugged in when it’s got nothing in it (20%)
Leave gadgets on charge for longer than they need (37%)
‘Settingsphobia’ – a term coined by Beko – is also to blame for inefficient energy practices in the home as almost 3 in 5 (59%) people are worried they’ll choose the wrong setting when using household appliances, but out of fear stick to the same, sometimes inefficient setting.
Akın Garzanlı
Akın Garzanlı, Chief Marketing Officer at Arçelik commented: “The data gives us a fascinating insight into how attitudes towards energy efficiency are evolving across the globe. At Beko we’re continually striving to provide high quality products that suit the changing needs of our consumers and of the environment. While we look for ways to innovate solutions to more efficient living, building on our latest SaveWater™ and popular AquaTech® technology, which offers an energy efficient and sustainable home experience, it’s interesting to understand how households are responding and this will help to inform how best we can help as a corporation”.
Gen Z revealed as generation with surprising behaviours
Gen Z were revealed as one of the most knowledgeable demographics when it comes to energy efficiency with over 60% of Gen Z reading the instructions whenever they buy a new appliance, the study found. Despite this product knowledge, data shows Gen Z can often make accidental mistakes when it comes to their appliances, with 76% having used the wrong setting on their appliance, causing them to spoil their food/drink or damage their clothing.
Those older than 64 are unaware of benefits of energy efficient products
Actions speak louder than words when it comes to energy efficiency for those over 64 years of age, as findings reveal a substantial disbelief in energy efficiency products, but a strong belief in energy efficient actions.
The survey revealed that those over 64 are the generation least likely to prioritise energy efficiency when buying new products, with only 6 in 10 (63%) taking action, compared to younger generations (81% of Millennials) – and nearly 7 in 10 (67%) not interested in replacing their current products. However, those over 64 are the generation who claimed to be most aware of how to use all their appliances in the most efficient way (86%), despite the majority sticking to the same settings on their washing machine.
The survey also offers insights into how attitudes and knowledge regarding best energy efficient practices in the home differ across age groups. People over the age of 64 cited leaving the oven on whilst not in use (56%) and putting the heating on whilst the windows were open to dry clothes (56%) as inefficient practices, whilst almost a third (28%) of Gen Xers admitted to leaving an empty freezer plugged in.
The findings, which have demonstrated a gap between knowledge and behaviour within consumers globally, highlight the need for greater action in ensuring consumers are maximising the efficiency of appliances at home.
Conscious of the results, Beko is partnering with Youreko, an energy efficiency tool that calculates the lifetime running costs of appliances, to provide information to consumers on potential cost and energy savings when choosing new products.
Youreko calculator
This feature is currently available for consumers to use on the UK Beko website and Beko Poland, and will be integrated into Beko’s Germany, Romania, France, Italy, Austria, Spain and Netherlands sites as well. The partnership involves the integration of the Youreko tool on Beko’s website to display information to the general public on how energy efficient Beko’s appliances are compared with least energy efficient models and how much money the manufacturer’s appliances could save consumers in the long term. The tool supplements the listings of Beko’s washing machines, tumble dryers, dishwashers and refrigerators which all boast energy efficient technologies within, the company says.
For more household appliance news, click he
appliances, Beko, consumer survey, eco-friendly, energy efficiency, energy efficient, energy savings, survey, sustainability
Prev PostTop digital fitness trackers in 2023 with sector set to reach $68bn
You Might Also Like:
ERI creates Design for Sustainability programme to help OEMs hit circularity targets
IFA Global Market / Sourcing
Fisher & Paykel says ‘slow living’ will dominate appliance trends in 2023
Household Appliances
Volvo to unveil flagship fully electric SUV – the EX90
MobilityShow Neecent Posts
Energy efficient features “ignored” by 9 out of 10 homeowners, Beko finds January 18, 2023
Top digital fitness trackers in 2023 with sector set to reach $68bn January 18, 2023
Introducing All Lock a forward-thinking phone mount system from Lamicall January 17, 2023
Euromonitor reveals top 10 global consumer trends in 2023 January 17, 2023
Newly elected gfu board members take their positions for 2023. Who are they? January 17, 2023
Tags
AI (19) audio (34) fitness (16) Gaming (34) Headphones (15) Home Appliances (21) home entertainment (24) Household appliances (21) IFA (23) IFA 2022 (31) ifa berlin 2022 (20) IOT (16) lg (18) market (27) mobility (16) samsung (25) Smart home (38) sony (15) sustainability (27) tv (16)
IFA Berlin
Homepage
— IFA AREAS
— EVENTS & HIGHLIGHTS
— YOUR VISIT
— IFA BERLIN
— MEDIA & NEWSROOM
Kuvings
Ecovacs
IFA International
The Official Show Daily
— PREVIEW EDITION
— DAY 1 EDITION
— WEEK END EDITION
— DAY4 EDITION
— DAY5 EDITION
— REVIEW EDITION
— E-magazine
Newsroom
All Industry News
— News
— Communication
— Conferences
— Household Appliances
— Imaging
— Computing & Gaming
— Home Entertainment
— Audio
— Mobility
— Smart Home
Podcast — IFA Tech Talk
All Episodes
listen on ApplePodcast
listen on Spotify
RSS feed link
Press Boxes
Legal Notices
Impressum
Privacy Policy
Search …
Media Kit
IFA International – Media Kit
IFA Tech Talk Podcast Media Kit
IFA
Currys group sales slump 6% as international market pressures intensify
Currys UK and Ireland delivered better than expected profits over Christmas to offset struggling international business.
The group’s like for like sales slumped 6% in the 10 weeks to 7 January as UK and Ireland sales dipped 5%. However, it achieved stronger profits than expected thanks to a gross margin increase and cost cutting.
International like-for-likes fell 7% and plummeted 10% in the Nordics as it continues to be hit by aggressive growth strategies from European rivals.
Profits were below forecast in the market as margins came under pressure.
Despite the further deterioration in its internation business, Currys said it remained confident of hitting its full-year profit guidance of £100m to £125m.
Whirlpool / Arçelik: update
The 75/25 division is only a hypothesis, to be confirmed on the basis of the 2022 financial statements. The new company will be able to use the Whirlpool brand on its products for 40 years. Whirlpool assets in Africa and the Middle East sold for just 20 million
From left: Fatih Kemal Ebiçlioğlu, Consumer Durables Group President of Koç Holding, Marc Bitzer, Whirlpool Cooperation CEO, Hakan Bulgurlu, Arçelik CEO
While the Stock Exchanges gave their judgment on the operation, making Arçelik’s shares rise by 9% in Istanbul and those of Whirlpool in New York by 0.4%, new details emerge from a press release by Arçelik on the fate of Whirlpool Emea’s activities.
Object of the agreement: The agreement includes Whirlpool’s 38 European subsidiaries and 9 manufacturing sites in Italy, Poland, Slovakia and the United Kingdom, as well as Arçelik’s 2 manufacturing plants in Romania and its 25 European subsidiaries. Together, this will translate into a production capacity of approximately 24 million white products annually.
Contractors . Shareholders in the new company are Whirlpool Emea Holdings LLC and Arçelik’s wholly owned subsidiary Ardutch , a Dutch holding company through which Arçelik controls its European operations. The deal will see both Ardutch and Whirlpool transfer their European subsidiaries to the new company Division of shares. After these transfers, it is expected that 75% of the new company will be assigned to Ardutch BV and 25% to Whirlpool. The final ownership ratio post-closing will be determined taking into account the respective 2022 EBITDA, net asset values, net debt and net working capital of the parties.
Size and brand portfolio. The new business is expected to have more than 20,000 European employees. The combined net sales of the Arçelik and Whirlpool subsidiaries are approximately €6 billion, based on the net sales of the companies’ European operations in 2021. The new company will manufacture, sell and provide after-sales services for branded home appliances (including refrigerators , washing machines, vacuum cleaners, etc.) offering consumer choice across a range of Arçelik brands, including Grundig, Arctic, Elektrabregenz, Flavel and Leisure, alongside Whirlpool’s existing brands Indesit, Hotpoint*, Ignis, Privileg and Bauknecht. The company will have regional trademark rights to Arçelik’s Beko, Blomberg and Altus brands and Whirlpool Corporation’s Whirlpool brand for a period of 40 years.The sale of the Whirlpool businesses in Africa and ME. Separately, the parties also agreed to sign a stock purchase and sale agreement within six weeks for Whirlpool to divest its Middle East and North Africa (MENA) portion of the EMEA region to Ardutch (and therefore not to the new company), for a cash amount of 20 million euros. The transaction, when completed, would result in Ardutch acquiring full ownership of two additional Whirlpool subsidiaries located in the United Arab Emirates and Morocco.The comment of Arçelik’s group leader. Levent Çakıroğlu , CEO of Koç Holding (the parent company of Arçelik), commented, “ As Turkey’s largest industrial conglomerate, we continue to strengthen our impact with global success stories ranging from the UK to India, from South Africa to the United States. Today, Koç Group companies export to more than 150 countries. Arçelik, as a respected player in his industry, is taking his vision and ambitions forward with this new independent business. The opportunity for this business to deliver value to European consumers with market leading products through trusted brands and a commitment to sustainability in the home is significant. ”
Smeg announces a new partnership with Emmanuelle Jar
Smeg announces a new partnership with Emmanuelle Jary
[ brands ] Smeg announces a new partnership with Emmanuelle Jary
Shortly after presenting its latest innovations at the EspritCuisine trade show , Smeg announces and formalizes a major new partnership in the kitchen world . It is with the culinary journalist Emmanuelle Jary , known in particular for her program “It’s better when it’s good”, that the brand is allied. Through a short format, this program offers videos, filmed with humor, on the best restaurants in France as well as easy-to-make recipes. It is therefore no coincidence that the Italian manufacturer of household appliances has teamed up with this expert in French gastronomy.
Maeder leaves the Artemis Group
Christian Maeder, chief financial officer (CFO) of the Artemis Group and chairman of the Board of Directors of Franke Holding AG, will leave the Group in spring 2023 after eight years. The search for his successor as CFO of the Artemis Group has been initiated. The chairmanship of the Board of Directors of Franke Holding AG will be taken over by Alexander Pieper, currently Vice Chairman, as of spring 2023.
Alexander Pieper, vice chairman of the Board since 2019, knows the Franke Group well. Before becoming CEO of Swiss tool manufacturer Kraftwerk, he worked for 13 years at Franke in various management roles in Germany and abroad, such as managing director of the subsidiaries in the United Arab Emirates and the Philippines. In addition, he has been a member of the Board of Directors of Artemis Holding AG since 2015 and will be more involved in the Artemis Group in the future as part of the generation change.
Michael Pieper, owner and CEO of the Artemis Group, regrets the departure of Christian Maeder and expressly thanks him for his achievements in the various areas of responsibility in the Artemis Group as well as for the trustful cooperation. «As Chairman of the Board of Directors of Franke Holding AG – Pieper said – Christian Maeder was responsible for the strategic direction of the Group and drove it forward with confidence and foresight – thus making a significant contribution to the positive development of the company. I am delighted that my son Alexander is taking over as Chairman of the Board of Directors and wish him every success and satisfaction in his new role
Czech National Bank Makes New Investment in Whirlpool
Czech National Bank purchased a new position in shares of Whirlpool Co. in the third quarter, HoldingsChannel reports. The fund purchased 6,337 shares of the company’s stock, valued at approximately $854,000.
Several other large investors also recently made changes to their positions in WHR. Kensico Capital Management Corp acquired a new stake in shares of Whirlpool in the 2nd quarter valued at approximately $31,284,000. Alps Advisors Inc. acquired a new stake in shares of Whirlpool in the 2nd quarter valued at approximately $25,303,000. Renaissance Technologies LLC boosted its holdings in shares of Whirlpool by 168.9% in the 1st quarter. Renaissance Technologies LLC now owns 233,557 shares of the company’s stock valued at $40,354,000 after buying an additional 146,700 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Whirlpool by 21.6% in the 1st quarter. Invesco Ltd. now owns 754,474 shares of the company’s stock valued at $130,358,000 after buying an additional 134,251 shares during the last quarter. Finally, AQR Capital Management LLC boosted its holdings in shares of Whirlpool by 56.5% in the 2nd quarter. AQR Capital Management LLC now owns 271,579 shares of the company’s stock valued at $41,318,000 after buying an additional 98,086 shares during the last quarter. Institutional investors and hedge funds own 92.14% of the company’s stock
Whirlpool of India MD Vishal Bhola resigns
Whirlpool of India said that its managing director, Vishal Bhola, has decided to leave the company to pursue other interests.
Bhola will be relieved from the services of the company as managing director with effect from 3 April 2023.
Low carbon steel to be used in increasingly more homeappliances: BSH Hausgeräte GmbH and the Salzgitter Groupstep up of their collaboration
Low carbon steel to be used in increasingly more home
appliances: BSH Hausgeräte GmbH and the Salzgitter Group
step up of their collaboration
/ With a 95 percent lower carbon footprint in production,
green steel supports the decarbonization strategy of both
companies
/ Use of recycled steel scrap makes a valuable contribution to
the objective of the circular economy
/ Green steel will soon be used in a variety of BSH’s large
home appliances
Salzgitter and Munich, January 16, 2023. Europe’s largest home appliance manufacturer,
BSH Hausgeräte GmbH, is continuing to drive forward the decarbonization of its value
chain using materials produced in a climate-friendly way. A Memorandum of Understanding
was signed with Salzgitter Flachstahl GmbH – a subsidiary of Salzgitter AG – to source
green steel from a new production route from 2025. The steel will be produced by means of
the new hydrogen-based production route SALCOS® (Salzgitter Low CO2 Steelmaking).
This means that carbon emissions in production will be reduced gradually by some 95
percent by 2033.
BSH has already been sourcing initial quantities of green steel from Salzgitter Flachstahl GmbH
since 2021 with a reduction in the carbon footprint of more than 66 percent. This steel is already
being used to produce mounting brackets for washing machines in the BSH plant in Lodz in
Poland.
The home appliances manufacturer is now taking the next major step to significantly reduce
carbon emissions in its value chain. BSH and Salzgitter Flachstahl GmbH signed a Memorandum
of Understanding on January 13, 2023 which provides for large volumes of green steel from 2025
for the European market with increases each year.
What is special about this green steel is the new production process that Salzgitter AG intends to
use. Together with partners from business and research, Salzgitter AG has laid the foundations The key elements are electricity from renewable sources and its use to produce
hydrogen by means of electrolysis. The green hydrogen produced will replace coal, which is still
being used at present in the conventional blast furnace process. This is made possible by direct
reduction (DR) plants, involving the direct reduction of iron ore into iron in the solid state using
hydrogen as a reducing agent. Using this technology, steam is emitted instead of carbon dioxide.
SALCOS® is thus following the carbon direct avoidance strategy to avoid the generation of carbon
in steel production as early as the production stage. Salzgitter AG therefore intends to reduce its
carbon emissions overall by 95 percent. Phillip Meiser, Sales Director at Salzgitter Flachstahl
GmbH: “We are looking forward to growing the collaboration with BSH in such a pioneering way.
The transformation toward a climate-neutral economy can only succeed as part of a network of
strong partners, who ensure that the market for carbon-reduced steel products continues to grow
steadily.”
BSH’s development and manufacturing at all its locations worldwide have already been carbonneutral since 2020. And the company has set itself a further sustainability target for 2030: “We
intend to reduce our indirect scope 3 carbon emissions resulting from the purchase of raw
materials and parts and through use of home appliances by a further 15 percent compared with
2018. On the one hand, we therefore always offer our consumers products that are especially
energy efficient. On the other hand, however, we also closely examine how to improve processes
over which we have no direct control – for example, the production of materials that we use for our
appliances,” says BSH Chief Operating Officer Lars Schubert. “I am therefore very pleased that we
are decisively driving forward the reduction in carbon emissions in our value chain together with
the Salzgitter Group.”
In addition to reducing carbon emissions, another positive effect of the new production process is
that an even higher percentage of steel scrap is used. “The recycling of materials and appliances
is an important future issue for BSH in order to avoid wasting resources and generating waste,”
explains Lars Schubert. “Our goal is to be ready for a circular economy.” The company therefore
also increasingly offers circular business models in which home appliances are leased or used
communally. The appliances are taken back following use, reconditioned for re-use, and recycled
in an environmentally sound manner at the end of the product life cycle. This is also in line with the
Group strategy of Salzgitter AG in terms of focusing on the circular economy
Whirlpool to divest most of EMEA ops, form new entity with Turkey’s Arcelik
A new company is born where the whirlpool hold 25% and Arçelik 75%. To whom all activities in the Middle East and Africa go.Whirlpool: minority agreement with Arcelik (Beko) in Europe
Whirlpool Corporation has announced the completion of the strategic review of its business in Europe, the Middle East and Africa (EMEA) and the reaching of a definitive contribution agreement with Arçelik, which in the portfolio owns the Beko brand. Under the terms of the agreement, Whirlpool will contribute its European major appliances business and Arcelik will contribute its white goods, consumer electronics, air conditioning and small appliances businesses, to create a new business entity of which Whirlpool will own 25 % and Arcelik 75%.
Separately, Whirlpool has reached an agreement in principle, also with Arcelik, for the sale and transfer of its Middle East and Africa operations. Whirlpool will continue to own the assets of the EMEA KitchenAid small appliances business.
The combined entity is expected to achieve combined revenues of more than €6 billion and be well positioned to deliver value to consumers through attractive brands, sustainable manufacturing, product innovation and consumer services. The combined businesses are expected to generate cost synergies of more than €200 million.” “Today’s announcement marks another important and decisive milestone in our portfolio transformation,” said Marc Bitzer, president and chief executive officer of Whirlpool Corporation. business and cost synergies through our minority stake”.
The transaction is expected to close in the second half of 2023 and is subject to additional closing requirements, including obtaining regulatory approvals and other customary closing conditions. Whirlpool’s European business met criteria for accounting for sale during the fourth quarter of 2022. Until the closing of the transaction, Whirlpool’s European business will be included in the company’s results. In addition, Whirlpool will have no obligation to provide financing to the new company after the closing of the transaction.
LG Home Appliance Factory in United States Latest to Receive Prestigious ‘Lighthouse’ Status
LG Newsroom
Menu
Go to total search
January 16, 2023
LG Home Appliance Factory in United States Latest to Receive Prestigious ‘Lighthouse’ Status
- Open share list
LG Electronics Tennessee Plant is Selected as Industry’s First U.S.
Home Appliance Lighthouse Factory by World Economic Forum
LG Electronics’ (LG) home appliance manufacturing plant in the United States has been selected as a world-leading Lighthouse Factory by the .World Economic Forum (WEF)
The million-square-foot factory in Clarksville, Tennessee – the U.S. production base for LG’s award-winning washers and dryers – is the industry’s first home appliance plant in the United States to join the WEF’s global network. Also, it is the company’s second Lighthouse Factory, following on the heels of the LG Smart Park in Changwon, South Korea, which was selected by the WEF last year.
A “Lighthouse Factory” is recognized by the WEF for its role in shaping the future of manufacturing through the integration of Internet of Things (IoT), big data, artificial intelligence (AI), robots and other Fourth Industrial Revolution technologies. Since 2018, the WEF has selected and added global factories to its network twice a year.
LG’s world-class autonomous factory in Tennessee utilizes advanced digital technologies from AI and big data to IoT and robots. Completed at the end of 2018, the facility now operates three production lines for front-load and top-load washing machines and dryers. With an annual production capacity of 1.2 million washers and 600,000 dryers, the plant proactively responds to changing North American demand through local production. More than 900 people work at the LG home appliance factory in Montgomery County, Tenn.
Featuring a complete integrated production system streamlined process to supply impeccable products to customers on time, each line carries out the entire manufacturing process of new models from making the parts to assembly and packaging. In addition, strict quality conditions are applied to all the assembly lines to heighten quality across the board, from parts to finished products.
The LG Tennessee factory boasts a fully autonomous logistics system with 166 automated guided vehicles (AGVs) that transport parts around the plant. With three times more AGVs than the LG Smart Park, these robots improve overall productivity by freeing up people for other tasks.
With the integration of parts production such as metal press processing, plastic injection molding, and painting – including LG’s own intelligent injection molding system – the company has increased component productivity by 21 percent.1 In addition, the plant recognizes and responds in advance to potential productivity issues through an advanced detection system. By applying data-based AI technology that accurately predicts washing machine performance, the number of tests and energy consumed during testing are reduced by 22 percent, while the defect rate has been reduced by more than 61 percent via quality optimization.2
The plant is also maximizing workplace safety and operational efficiency by using robots for complicated, potentially dangerous tasks, such as assembling and lifting heavy parts and welding.
To further improve efficiency, LG plans to establish a 5G connectivity network across the facility in the second half of this year, creating an environment where its many AGVs can transport materials faster and more accurately based on stable, uninterrupted communication. LG will also introduce Autonomous Mobile Robots that navigate the expansive facility with ease to enhance its logistics system.
LG’s commitment to sustainability can be seen throughout the Tennessee factory, which transitioned to renewable energy completely already in 2022. The plant also uses a high-efficiency utility infrastructure, which supplies the power, steam and heat necessary to produce LG’s home appliance products with the help of the company’s advanced Building Energy Control (BECON) solution.
“Along with the LG Smart Park, LG’s Tennessee factory represents our unmatched leadership in transforming manufacturing facilities into advanced, futuristic hubs utilizing the most revolutionary technologies,” said Lyu Jae-cheol, president of the LG Electronics Home Appliance & Air Solution Company. “Lighthouse Factory status exemplifies how LG continues to strive for providing differentiated customer experiences through customized manufacturing innovations
