World News
19th March 2024
Nibe announces 340 heat pump redundancies
SWEDEN: Nibe has given notice of redundancy to 340 employees in Sweden as a result of weaker demand in the European heat pump market.
18th March 2024
Joint venture adopts Epta brand
ITALY: All activities under the recently announced Epta and Viessmann Refrigeration joint venture are to operate under the Epta brand.
16th March 2024
Tecumseh opens bespoke production line
FRANCE: Tecumseh has implemented a flexible manufacturing line at its factory in Cessieu, France, to provide bespoke condensing units for OEM customers.
14th March 2024
Nexson Group acquires Thermowave
FRANCE: French heat exchanger manufacturer Nexson has acquired Thermowave, a sister company of German refrigeration equipment manufacturer Güntner and subsidiary of Vienna-based A-Heat AG.
13th March 2024
Panasonic joins forces with controls firm Tado
GERMANY: Panasonic has joined forces with Tado, the Munich-based manufacturer of domestic thermostats and air conditioning controls to offer smart heat pump solutions to the European market.
12th March 2024
EU parliament passes EPBD update
EUROPE: The European Parliament has voted in favour of the trilogue deal of the Energy Performance of Buildings Directive (EPBD) which seeks to deliver a climate-neutral building stock by 2050.
12th March 2024
AirJoule signs joint venture deal
USA: A new joint venture has been formed to manufacture and supply air conditioning and atmospheric water harvesting products in the Americas, Africa, and Australia.
10th March 2024
Djibouti ratifies Kigali Amendment
DJIBOUTI: The Republic of Djibouti has become the 157th country to ratify the Kigali Amendment to the Montreal Protocol.
10th March 2024
Öztiryakiler now a Hoshizaki subsidiary
JAPAN/TURKEY: Following the acquisition of 51% of its shares, the Turkish food service equipment manufacturer Öztiryakiler has now become a subsidiary of Japanese manufacturer Hoshizaki.
10th March 2024
Qvantum appoints Rosales as COO
SWEDEN: Swedish heat pump manufacturer Qvantum has appointed Federico Rosales, a former MD of Whirlpool Poland, as global COO.
7th March 2024
Naples customs seize “military” HFC shipment
ITALY: Customs officers at the port of Napoli report the interception and seizure of 150 tons of HFC refrigerants.
7th March 2024
Chemours execs violated code of ethics
USA: Chemours claims that the members of its senior management placed on administrative leave last week violated its code of ethics and displayed a "lack of transparency" to the company’s board.
6th March 2024
Evapco to expand Taneytown HQ
USA: Evaporative cooling and industrial refrigeration products manufacturer Evapco is to expand its Taneytown, Maryland, HQ operations with an additional 45,000ft2 (4,180m2) of office space.
5th March 2024
HFC smuggler faces charges under US AIM Act
USA: A San Diego man has been arrested and charged with smuggling HFC refrigerants into the US from Mexico and selling them in contravention of the AIM Act.
4th March 2024
Copeland to relocate recip production to India
USA/MEXICO: Copeland is to relocate its CRi reciprocating compressor production from its plant in Reynosa, Mexico, to its existing compressor factory in Atit, India.
29th February 2024
Beijer Ref to acquire Australian firm QAE
SWEDEN/AUSTRALIA: Beijer Ref will expand its position in the Australian market with the agreement to acquire 60% of the shares in Sydney-based Quality Air Equipment (QAE).
29th February 2024
Chemours places CEO on administrative leave
USA: Chemours has placed its president and CEO Mark Newman, CFO Jonathan Lock and principal accounting officer Camela Wisel on administrative leave pending the completion of an internal review.
28th February 2024
Seeley to boost production in US export push
AUSTRALIA: Evaporative cooling equipment manufacturer Seeley International is to upgrade and expand its manufacturing plant in Lonsdale, South Australia, to boost exports to the USA.
28th February 2024
EPEE calls for RACHP recognition
BELGIUM: The European Partnership for Energy and the Environment (EPEE) has called for recognition of the critical role of RACHP technologies in energy efficiency and climate mitigation.
28th February 2024
Copeland opens controls R&D lab in Italy
USA/ITALY: Copeland has opened a new innovation lab at its Copeland Controls srl site in Belluno, Italy.
27th February 2024
Leak detection software attracts $5m funding
USA: The refrigerant leak detection software created by San-Jose-based Axiom Cloud has attracted $5m in funding to accelerate its deployment.
27th February 2024
Midea opens showroom in New York
USA: Chinese air conditioning and heat pump manufacturer Midea has opened its first national showroom and distribution centre in New York.
27th February 2024
European heat pump sales down 5% in 2023
EUROPE: After a decade of increases, heat pump sales in Europe fell by around 5% in 2023 – and market analysts are expecting this downward trend to continue this year.
26th February 2024
Modine buys Canadian AHU manufacturer
USA/CANADA: Modine has entered into a definitive agreement to acquire Canadian air handling unit manufacturer Scott Springfield Manufacturing.
26th February 2024
Stulz partners on immersion cooling
GERMANY/NETHERLANDS: Stulz Modular, the data centre design, build and maintenance services provider, is cooperating with Dutch immersion cooling specialist Asperitas in the field of liquid cooling.
23rd February 2024
Hoshizaki acquires 25% stake in Fogel
PANAMA: Japanese refrigeration equipment manufacturer Hoshizaki has acquired a 25% stake in Fogel Company Inc, a manufacturer of commercial refrigeration equipment based in Republic of Panama, for US$28m.
22nd February 2024
Large capacity ULT chiller using neon refrigerant
SOUTH KOREA: Researchers claim to have developed a large capacity ultra-low temperature industrial chiller which, in tests, has achieved a 10kW cooling performance at -100℃.