Dearman has entered an agreement with two major Chinese organizations, the China Energy Conservation and Environmental Protection Group (CECEP) and the Chengdu Industrial Asset Management Group (CIAM) to bring Dearman technology to China.
This important announcement is timely given the Chinese Government’s stated commitment to build a clean cold chain including refrigerated transport as part of the Belt and Road program.
Only an estimated 20% of food produced in China passes through a cold chain system and as a result China can experience up to 40% post-harvest loss and food quality issues; hence the Government’s determination to develop the Chinese cold chain.
“The Chinese government has led the way in supporting the uptake of cleaner technologies for refrigerated transport, and we look forward to showcasing our technology at the major trade shows this month. The expertise of Qomo Capital Partners has been invaluable in entering the Chinese market, and we look forward to working with CECEP and CIAM to introduce our zero-emission solution to China,” says Dearman CEO Scott Mac Meekin.
Dearman’s ground-breaking zero-emission engine is powered by liquid nitrogen and has already been successfully deployed in Europe by Sainsbury’s, Marks & Spencer and Unilever. The Dearman transport refrigeration unit (TRUs) allows China to leapfrog the use of western diesel technology and avoid the heavy pollution experienced in the west. TRUs are forecast to grow from 90,000 currently on the road to 2.5m – if all of these are diesel, the polluting emissions would be equivalent to a further 180m cars on the road.
CECEP is the largest service-orientated scientific industrial group in the energy conservation and environmental protection field in China. At present, the Group owns 419 subsidiaries and 6 listed companies which are distributed in 30 regions in China and 40 countries abroad. The main businesses of CECEP include energy saving, environmental protection, and clean energy. It owns leading national capacity in wind and solar power amongst other renewal fields.
CIAM – as an industrial asset management group is responsible for deploying government capital into industrial projects that meet the Five-Year Plan. One of the better-known projects that CIAM has managed is the building and operation of the Chengdu to Europe Transnational Express Rail, which is part of the Belt and Road program.
Dearman’s entry into the Chinese market is being helped by cleantech firm Qomo Capital Partners who will provide management and operational support on the ground. Based in Shanghai, Qomo is a leading investor in China’s sustainability sector and known for successfully introducing innovative technologies from abroad into China.
To set out what it can achieve for refrigerated transport in China, Dearman is this month featuring at two major trade shows at the invitation of the Nanjing government. Dearman will be exhibiting at Nanjing Tech Week on 26th June and presenting at the Global Cold Chain Summit in Qingdao from 26th-28th June.