Hillphoenix Launches ChargeSecure to Help Food Retailers Maintain CO2 Charge During Power Outages and Service Events

Rhea-AI Summary

Hillphoenix, part of Dover Food Retail and Dover (NYSE: DOV), has launched ChargeSecure™, a charge preservation solution for CO2 refrigeration systems. Designed to maintain CO2 levels during power outages and service events, ChargeSecure helps food retailers minimize downtime and protect perishable goods. This eco-friendly solution operates using existing CO2 and requires only 1.5 amps, making it highly energy-efficient. ChargeSecure can be easily installed on the wall or floor and integrates seamlessly with existing Hillphoenix CO2 racks. The system offers cost savings, a small footprint, and extended operation via a backup battery.

Positive

• ChargeSecure minimizes downtime during power outages, aiding quick recovery for retailers.
• The system saves costs by eliminating the need to recharge CO2 frequently.
• Low power consumption of only 1.5 amps makes it energy-efficient.
• Flexible installation options enhance operational convenience.
• Eco-friendly design using existing CO2 supports environmental sustainability.
• Compact footprint (12.75 x 18.8 inches) saves space.
• Extended operation through a backup battery ensures reliability.
• Easy plug-and-play integration with existing Hillphoenix CO2 racks.

Negative

• Specific financial impact on Dover (DOV) or Hillphoenix's revenue not provided.
• Details regarding initial costs and potential ROI for retailers are missing.
• information on the long-term durability and maintenance costs of ChargeSecure.

Insights

Tech Expert

ChargeSecure is an innovative solution designed for food retailers using Hillphoenix CO2 refrigeration systems. This technological advancement is critical as it addresses a tangible problem: maintaining refrigerant charge during power outages and service events. The ability to automatically engage during a power outage, utilizing existing CO2 instead of legacy refrigerants, showcases environmental sustainability – a key industry trend. This feature not only minimizes downtime but also avoids the cost and hassle of recharging systems, which can be significant in the food retail context.

The fact that ChargeSecure operates with low power consumption (<1.5 amps>) and has a compact, flexible installation footprint is noteworthy. These characteristics make it an essential tool for both new setups and retrofits. The integration ease further enhances its attractiveness, providing flexibility for a wide range of store layouts and operational scenarios. Additionally, its small size (<12.75 inches by 18.8 inches>) ensures it can be conveniently placed without requiring major modifications.

This product solidifies Hillphoenix's position as a front-runner in the market for natural refrigerants, particularly CO2 systems, which are gaining traction for their low global warming potential (GWP). The practical benefits of ChargeSecure – such as cost savings and protection of perishable goods – underscore its utility and appeal to food retailers focused on operational efficiency and sustainability.

Market Research Analyst

The launch of ChargeSecure can significantly impact the refrigeration systems market, especially within the food retail sector. As the adoption of CO2 refrigeration systems increases, the need for reliable, efficient charge preservation solutions becomes paramount. By addressing this need, Hillphoenix is not only enhancing its product portfolio but also likely influencing market dynamics.

The introduction of ChargeSecure could push competitors to innovate similar solutions, thus potentially accelerating the overall market transition towards more sustainable refrigeration technologies. This aligns with increasing regulatory pressures and consumer demand for environmentally friendly solutions. The emphasis on low power consumption and flexible installation options also means that even smaller retailers can adopt this technology without significant infrastructural changes or operational disruptions.

For investors, this product launch signals Hillphoenix's proactive approach in leading the market towards sustainability while also focusing on practical benefits like operational efficiency and cost savings. These factors, combined with the growing importance of green technologies, suggest a positive outlook for Hillphoenix and its parent company, Dover.

DOWNERS GROVE, Ill., June 12, 2024 /PRNewswire/ -- Hillphoenix, part of Dover Food Retail and Dover (NYSE: DOV) and a pioneer in designing environmentally sustainable refrigeration systems, today announced the launch of ChargeSecure^™, a charge preservation solution for CO₂ refrigeration systems that offers peace of mind during power outages and service events.

Designed specifically for Hillphoenix CO₂ systems, ChargeSecure minimizes downtime and offers peace of mind during power outages and service events by maintaining charge. When the power comes back on, the system can restart immediately – helping stores get back up and running faster.

"With our decades of experience in natural refrigeration systems, we designed ChargeSecure to offer a layer of security for food retailers using our CO₂ systems, so they can get back to doing what they do best – serving their customers," said Ousama Sabra, Systems Senior Product Manager at Hillphoenix.

A future-focused, environmentally friendly solution, ChargeSecure uses the existing CO₂ in the system to operate instead of relying on legacy refrigerants. This technology solidifies Hillphoenix's reputation as the leader in natural refrigerants.

"As the adoption of CO₂ refrigeration systems continues to accelerate, ChargeSecure addresses the growing need for a charge preservation solution with a low GWP impact," Sabra said.

ChargeSecure automatically kicks in when it detects a power outage and/or pressure increase beyond a predefined threshold. It maintains the CO₂ pressure in the flash tank by compressing it into the gas cooler and then expanding it back into the flash tank.

Benefits of ChargeSecure include:

• Cost Savings: Retailers can avoid the time and expense of recharging CO₂, while also helping to protect perishable goods from loss.
• Low Power Consumption: Requiring only 1.5 amps to operate, it uses 6 times less energy than conventional charge preservation units.
• Flexible Installation: It can be mounted on the wall or floor – anywhere within 15 feet of the rack – indoors or outdoors.
• Small Footprint: With no heat exchanger required, its compact footprint measures 12.75 inches by 18.8 inches.
• Extended Operation: Backup battery provides prolonged periods of continuous operation.

For retrofits, ChargeSecure features easy plug-and-play integration into existing Hillphoenix CO₂ racks. Hillphoenix will be offering factory-installed ChargeSecure units in new racks.

To learn more about ChargeSecure, please visit Hillphoenix.com/chargesecure.

About Hillphoenix:

Hillphoenix branded products and services deliver advanced design and manufacturing of commercial refrigerated display cases and specialty products along with commercial and industrial refrigeration systems and integrated power distribution systems. Training and aftermarket services are available through the Hillphoenix Learning Center and The AMS Group. For more information, visit hillphoenix.com, or call 770-285-3264.

About Dover Food Retail:

Dover Food Retail, part of Dover Corporation with headquarters in Conyers, Georgia, is the partner to customers seeking to create unique food experiences. Employing the capabilities of our industry-leading brands, Anthony, Hillphoenix, Advansor, and The AMS Group, we can provide insight and a comprehensive portfolio of innovative solutions that enable our customers to sell more food profitably. Our ability to evolve with the ever-changing market demands is driven by our passion for understanding our customer's business and providing them with the best quality products and services they need to succeed today and in the future. Our focused, forward-thinking approach, combined with the strength of our brands, sets the stage for streamlined product development, a broader product portfolio, and cutting-edge technology, redefining what is possible for customers in the food retail value chain. 

About Dover:

Dover is a diversified global manufacturer and solutions provider with annual revenue of over $8 billion. We deliver innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions and Climate & Sustainability Technologies. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for over 65 years, our team of approximately 25,000 employees takes an ownership mindset, collaborating with customers to redefine what's possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under "DOV." Additional information is available at dovercorporation.com.

Hillphoenix/Dover Food Retail Contact:
Anand Rajagopalan
(770) 285-3141
arajagopalan@doverfoodretail.com 

Dover Media Contact:
Adrian Sakowicz, VP, Communications    
(630) 743-5039    
asakowicz@dovercorp.com     

Dover Investor Contact:
Jack Dickens, Senior Director, Investor Relations
(630) 743-2566
jdickens@dovercorp.com

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SOURCE Dover

FAQ

What is ChargeSecure by Hillphoenix?

ChargeSecure is a charge preservation solution for CO2 refrigeration systems, designed to maintain CO2 levels during power outages and service events.

How does ChargeSecure benefit food retailers?

ChargeSecure minimizes downtime, protects perishable goods, saves on CO2 recharging costs, and consumes low power.

What is the energy consumption of Hillphoenix's ChargeSecure?

ChargeSecure requires only 1.5 amps to operate, making it highly energy-efficient.

Where can ChargeSecure be installed?

ChargeSecure can be mounted on the wall or floor, indoors or outdoors, within 15 feet of the refrigeration rack.

Is ChargeSecure compatible with existing Hillphoenix CO2 racks?

Yes, ChargeSecure features easy plug-and-play integration with existing Hillphoenix CO2 racks.

What are the dimensions of ChargeSecure?

ChargeSecure has a compact footprint measuring 12.75 inches by 18.8 inches.

Does ChargeSecure offer backup power?

Yes, ChargeSecure includes a backup battery for extended periods of continuous operation.