News Headlines
News Headlines Category
Koxka acquires manufacturing plants
SPAIN: Koxka, the rejuvenated commercial refrigeration equipment manufacturer, has acquired its two manufacturing plants and is predicting a sales increase of 27%…
Daikin and Gree share Global Cooling Prize
INDIA: Teams led by Daikin and Gree have been named as joint winners of the Global Cooling Prize, the international innovation competition…
Carrier sales up 21%
USA: Carrier has reported Q1 sales of $4.7bn, up 21% compared to 2020 with organic growth up 17% in the period. …
Alfa Laval pioneers heat exchanger recycling
SWEDEN: Alfa Laval is to offer recycling of its heat exchangers in partnership with Stena Recycling, Sweden’s leading recycling company. …
Beijer Ref sales rise 7.3%
SWEDEN: Refrigeration and air conditioning wholesaler Beijer Ref saw sales rise 7.3% to SEK3,731m (€370m) in the first quarter of this year. …
Melrose to sell Nortek Air Management for £2.62bn
UK/USA: Melrose Industries is set to sell its Nortek Air Management business to Chicago-based Madison Industries in a deal worth £2.62bn ($3.625bn)….
EFCTC applauds eBay’s efforts to block illegal HFC trade
BELGIUM: Fluorocarbon manufacturer’s group the EFCTC has applauded online marketplace eBay for its positive moves to block the illegal sale of HFC refrigerants through its website….
Carrier agrees acquisition of Chinese AC manufacturer
USA: Carrier has signed agreements to acquire Guangdong Giwee Group (Giwee Group) and its subsidiaries, including Guangdong Chigo Heating & Ventilation Equipment…
US joins China in Kigali pledge
CHINA/USA: The US and China have both committed to implementing the Kigali Amendment to the Montreal Protocol and phase down the production…
China signals commitment to Kigali and HFC phase down
CHINA: The Chinese president Xi Jinping has indicated that China, the world’s largest producer of refrigerants, will accept the Kigali Amendment to…