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Cold storage panel production gears up in China via Balfour-Bally joint venture.

Cold Storage Panel Production Gears Up In China Via Balfour-Bally Joint Venture

The Chinese refrigerated warehouse industry stands to take a great leap forward with the establishment of Bally Sanshui Insulated Panel Co. (BSIPC) in Guangdong Province. With an investment of $5 million, this marks the first time foreign concerns have been allowed to own a controlling interest of such a mainland enterprise.

"The panels are being made using U.S. technology and U.S. manufacturing procedures and equipment," announced Anthonie van Ekris, chairman of New York-headquartered Balfour Maclaine, one of two American partners in a five-way joint venture. "Production has begun following four years of negotiation."

Others with a share of the cold storage polyurethane insulated panel manufacturing business are: Bally Engineered Structures, Bally, Pa., U.S.A.; Polytek Engineering Co., Hong Kong; Sanshui Engineering Works, Sanshui, China; Industrial and Commercial Bank of China Trust and Investment Corp.

First year production will be used almost entirely to supply mainland users, according to Sid Coron, vice president of international sales for Balfour Maclaine. After that an export strategy calls for selling panels to markets in Singapore. Hong Kong, Malaysia and Indonesia.

The Chinese government's approval of 51% foreign ownership of such a factory was interpreted by some as reflective of the high priority it has given to modernizing its rudimentary warehouse network--one which sees too much food lost to spoilage. Current cold storage capacity is reported to be in the area of 3.62 million tons, broken out as follows: 2.58 million for frozen foods; 1.04 million for chilled foods, including fruits and vegetables.

Cold stores with capacities of more than 3,000 tons are usually housed in multi-story buildings in order to save farm land. They are made of cast-in-place reinforced concrete, measuring 6 meters per story. Exterior walls consist of masonry, often insulated with inefficient rice husks, cork or mineral wool.

Domestic insulation manufacturing has improved in recent years, however, as prefabricated sandwich panels were developed to speed up cold storage construction projects. The core material used in such panels is foamed polyurethane with a density of less than 45 kg per cubic meter and thermal conductivity of 0.023 w/m.k.
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Title Annotation:establishment of Bally Sansui Insulated Panel Co.
Publication:Quick Frozen Foods International
Date:Jan 1, 1989
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