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23 Jul 2024

JCI-Hitachi confirms $8.1bn JV sale to Bosch

JAPAN/USA/GERMANY: Johnson Controls and Hitachi have confirmed an agreement to sell their European air conditioning joint venture business to German manufacturer Robert Bosch in an $8.1bn deal….

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22 Jul 2024

Bosch leads bid for JCI-Hitachi JV

JAPAN: German company Robert Bosch is reported to be the leading candidate to acquire the Johnson Controls-Hitachi domestic air conditioning joint venture. …

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20 Jul 2024

Munters set to acquire Geoclima

SWEDEN/ITALY: Pioneering Italian chiller manufacturer Geoclima is set to be acquired by Swedish air treatment and climate solutions company Munters. …

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18 Jul 2024

European heat pump sales down 6.5% in 2023

BELGIUM: Heat pump sales were 6.5% lower in 2023, the first fall after ten years of annual growth, threatening Europe’s 2030 climate targets….

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16 Jul 2024

Hong Kong intercepts US-bound refrigerant shipment

HONG KONG: Customs officers have intercepted a shipment of refrigerant being smuggled from Hong Kong to the USA….

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13 Jul 2024

Hydrocarbons being sold as F-gas replacements

SPAIN: The authorities in Spain have arrested six people for selling flammable hydrocarbon refrigerants online as replacements for F-gases….

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12 Jul 2024

Chinese HFC blends evaded anti-dumping duties

USA: The US Department of Commerce has ruled that imports of certain blend refrigerants from Turkey, Malaysia and China have been circumventing anti-dumping duties imposed in 2016….

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11 Jul 2024

Danfoss opens new factory in Mexico

MEXICO: Danfoss has inaugurated a new 40,000m² compressor, sensor and heat exchanger manufacturing plant at its Monterrey campus….

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10 Jul 2024

Government needs to inspire 12x increase in heat pumps

UK: Over three million homes need to install heat pumps or other low-carbon heating over the course of this parliament, a 12-fold increase over the last parliament, new analysis finds….

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9 Jul 2024

Panasonic to boost CO2 interests with Area purchase

JAPAN/POLAND: Panasonic has entered into an agreement to purchase Polish refrigeration equipment manufacturer Area Cooling Solutions Sp zoo….

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