RICOM
RICOM is a Nanjing-based Chinese manufacturer of industrial chillers and mold temperature controllers, serving plastics, chemical, pharmaceutical, food, automotive, and semiconductor manufacturers worldwide through OEM/ODM customization and regional distribution across the Middle East, Africa, Southeast Asia, Europe, and the US.
- Company typePrivate
- Founded2014
- HeadquartersNanjing, China
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What RICOM does
RICOM (Nanjing RICOM Refrigeration Equipment Co., Ltd.) is a privately held Chinese manufacturer of industrial temperature control equipment, founded in 2014 with a production base established in 2013 in the Chuzhou Economic and Technological Development Zone (Anhui) and corporate headquarters in Nanjing (Jiangsu). The company designs and builds air-cooled chillers, water-cooled chillers, screw chillers, scroll chillers, box-type and open chillers, hot-and-cold dual-function chillers, and mold temperature controllers (water and oil types), plus specialty variants including explosion-proof, stainless steel, anti-corrosion, low-temperature, modular, and outdoor configurations. RICOM operates a 4,000+ sqm production facility supported by 10+ senior technical engineers and holds 50+ utility model patents, with notable R&D outputs including a patented cooling system for injection molding workshops (2018) and semiconductor packaging materials cooling technology (2015).
The business model is primarily B2B direct sales of customized industrial hardware via OEM/ODM services, supplemented by a regional distribution network covering Arab countries (25% of sales), Southeast Asia (20%), Africa (10%), and Europe and the United States. Pricing is quote-based and varies with cooling capacity, refrigerant, voltage, operating environment, and customer-specific requirements, with standard lead times of 15-20 working days for standard products and 45 working days for custom builds. End customers span plastics and rubber manufacturing (the primary segment), chemical processing, food and beverage, pharmaceutical, HVAC, automotive parts manufacturing, semiconductor/packaging, and niche agricultural applications, served through a multi-language website (40+ language variants), international trade show participation, and factory visit programs.
RICOM holds a broad international compliance stack — ISO9001, ISO14000, ISO45000, ISO13485, CE (2021), BSCI, FDA registration, and REACH — and operates a wholly-owned subsidiary, Chuzhou RICOM Plastic Technology Co., Ltd. Technical cooperation with Copeland (Emerson Climate Technologies), formalized around 2014-2021, provides access to advanced compressor technology and imported components. The company remains founder-controlled with no disclosed external institutional investors and no publicly disclosed revenue figures.
RICOM firmographics
Firmographics- Name
- RICOM
- Legal name
- Nanjing RICOM Refrigeration Equipment Co., Ltd.
- Website
- https://oem-chiller.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- RICOM is a Nanjing-based Chinese manufacturer of industrial chillers and mold temperature controllers, serving plastics, chemical, pharmaceutical, food, automotive, and semiconductor manufacturers worldwide through OEM/ODM customization and regional distribution across the Middle East, Africa, Southeast Asia, Europe, and the US.
- Ownership category
- akta.pro rank
RICOM industry classification
Industry- Product category
- Industrial Refrigeration Equipment Manufacturing
- NAICS
- Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415), Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341), Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512)
- SIC
- Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Refrigeration & Service Industry Machinery (3580)
- akta.pro primary industry
- Chillers & Cooling Plant Equipment (IMAHAKAE)
- akta.pro secondary industry
- Refrigeration Components & Controls (Compressors, Valves, Sensors) (IMAHAKAH)
Keywords
Where RICOM is headquartered
LocationHeadquarters
- HQ city
- Nanjing
- HQ country
- China
- HQ region
- Asia
Offices2 records
Markets served
RICOM business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Industrial Chiller Sales: Direct sales of air-cooled chillers, water-cooled chillers, screw chillers, scroll chillers, box type chillers, open chillers, and specialized non-standard chillers including explosion-proof, stainless steel, and anti-corrosion variants.
- Mold Temperature Controller Sales: Sales of water mold temperature machines, oil mold temperature machines, and explosion-proof mold temperature controllers for plastic injection molding and related manufacturing processes.
- OEM/ODM Customization Services: Custom design and manufacturing services providing tailored industrial chillers, mold temperature controllers, and integrated cooling systems based on specific customer production requirements.
- Refrigeration System Engineering Services: One-stop refrigeration system engineering services including consultation, design, equipment supply, construction, training, and maintenance services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Multi-year contract | Standard industrial chillers and mold temperature controllers |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
RICOM product offering
Product offeringCore offering
Nanjing RICOM Refrigeration Equipment Co., Ltd. manufactures and sells industrial chillers (air-cooled, water-cooled, screw, scroll, box-type, open, hot-and-cold, modular, explosion-proof, stainless steel, anti-corrosion, low temperature, outdoor) and mold temperature controllers (water and oil types) for manufacturers worldwide. The company provides both standard catalog equipment and fully customized OEM/ODM cooling solutions tailored to specific cooling capacity, refrigerant, voltage, and operating environment requirements across plastics, chemical, pharmaceutical, food and beverage, HVAC, automotive, semiconductor, and agricultural industries.
Product overview
RICOM is an industrial temperature control equipment manufacturer offering a comprehensive portfolio of cooling and heating solutions. The core product lines include Industrial Chillers (air-cooled, water-cooled, screw, scroll, box-type, open, hot-and-cold, and modular configurations) and Mold Temperature Controllers (water and oil types). Specialty products include explosion-proof, stainless steel, and anti-corrosion chillers for demanding environments. The product range spans from standard industrial chillers to specialized units for applications in plastics, chemical processing, food & beverage, pharmaceutical, HVAC, and other industries. RICOM provides both standard products and customized OEM/ODM solutions for specific industrial requirements.
Differentiator
Problem solved
Functional benefit
Products and services
- Industrial Chiller
Quantifiable outcome
- Products exported to Arab, African, Russia, Vietnam, Malaysia and other southeast Asian countries as well as Europe and United States
- +1 more outcomes
Companies that use RICOM
Customer profileNamed customers7 records
Segments6 records
Ideal customer profiles5 records
RICOM technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
RICOM partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Copeland (Emerson Climate Technologies)coreTechnical cooperation with US-based Copeland (Emerson Climate Technologies) for introduction of new production equipment and high-quality materials from Europe and United States. This partnership ensures product quality through access to advanced compressor technology and components.
Scale indicators5 records
Recent moves8 records
Expansion highlights5 records
RICOM competitors and assessment
Company assessmentBroad incumbents
- Trane Technologies: Global HVAC and chiller incumbent with a comprehensive portfolio including industrial process chillers. Competes with RICOM in the same product category but serves a much broader customer base and geographies, making it the most relevant benchmark for the upper end of the addressable market.
- Carrier Global: One of the world's largest HVAC and refrigeration equipment makers with significant industrial chiller offerings. Comparable to RICOM in core product category (chillers) but operates at global scale across commercial, industrial and transport refrigeration.
- Daikin Industries: Japanese HVAC leader with a strong industrial chiller and process cooling lineup, particularly in Asia. Relevant peer for RICOM because both serve manufacturing process cooling with similar product types (air-cooled, water-cooled, scroll/screw chillers).
- Johnson Controls: Global building technology company with significant industrial chiller and HVAC equipment offerings through its York brand. Overlaps with RICOM in the industrial cooling equipment market and serves some of the same commercial and industrial customers at larger scale.
Direct peers
- MTA S.p.A. Italian manufacturer of industrial chillers and temperature control units serving plastics, food and HVAC markets. Directly comparable to RICOM in product portfolio (air-cooled/water-cooled chillers, process cooling) and customer verticals.
- Shenzhen Hanli (Hanli Industrial): Chinese OEM manufacturer of industrial chillers and temperature control equipment with a similar product portfolio and OEM/ODM customization model. RICOM's most relevant domestic Chinese competitor, sharing manufacturing base, customer verticals and export orientation.
- Dimplex Thermal Solutions: European manufacturer of process cooling and heating equipment, including chillers and temperature controllers for industrial applications. Comparable in product offering and mid-market industrial positioning, with a similar focus on plastics and process cooling.
- Advantage Engineering: US manufacturer of portable and central chillers plus mold temperature controllers for plastics and industrial processes. Closely matches RICOM's core product set (chillers + mold temperature controllers) and serves overlapping plastics processing customers.
- Frigel (Frost-X): Italian specialist in process cooling solutions for plastics and metalworking industries. Closely comparable to RICOM in target customer (plastics processors, molders) and product (industrial chillers plus mold temperature control), and competes head-to-head in plastics cooling globally.
- Thermal Care (Mayer Refrigerated Engineers): US-based process cooling specialist serving plastics, food and industrial customers with chillers and temperature control equipment. Directly comparable product portfolio and customer verticals to RICOM, particularly for plastics processing and food-grade cooling.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
RICOM social profiles
Digital presenceRICOM compliance and trust
Trust signalCompliance7 records
RICOM financial estimates
Financial estimateRevenue estimate
Valuation estimate
RICOM leadership team
Management profileNumber of profiles
RICOM subsidiaries and ownership
Company hierarchySubsidiaries1 record
RICOM funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
RICOM M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about RICOM
What does RICOM do?
Nanjing RICOM Refrigeration Equipment Co., Ltd. manufactures and sells industrial chillers (air-cooled, water-cooled, screw, scroll, box-type, open, hot-and-cold, modular, explosion-proof, stainless steel, anti-corrosion, low temperature, outdoor) and mold temperature controllers (water and oil types) for manufacturers worldwide. The company provides both standard catalog equipment and fully customized OEM/ODM cooling solutions tailored to specific cooling capacity, refrigerant, voltage, and operating environment requirements across plastics, chemical, pharmaceutical, food and beverage, HVAC, automotive, semiconductor, and agricultural industries.
Is RICOM a public or private company?
RICOM is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was RICOM founded?
RICOM was founded in 2014. It employs 51 to 100 people.
Where is RICOM based?
RICOM is headquartered in Nanjing, China, in the Asia region.
How does RICOM make money?
Four revenue lines are on record. Industrial Chiller Sales are the primary driver. The others are mold Temperature Controller Sales, OEM/ODM Customization Services and refrigeration System Engineering Services.
Who are RICOM's main competitors?
Broad incumbents on record are Trane Technologies, Carrier Global, Daikin Industries and Johnson Controls. Direct peers are MTA S.p.A., Shenzhen Hanli (Hanli Industrial), Dimplex Thermal Solutions, Advantage Engineering, Frigel (Frost-X) and Thermal Care (Mayer Refrigerated Engineers).
Does RICOM have an API?
No public API is recorded for RICOM.
What industry is RICOM in?
RICOM's product category is Industrial Refrigeration Equipment Manufacturing. Its primary akta.pro industry code is IMAHAKAE, Chillers & Cooling Plant Equipment, with a secondary code of IMAHAKAH, Refrigeration Components & Controls (Compressors, Valves, Sensors). Its NAICS code is 333415 and its SIC code is 3585.