News Headlines
News Headlines Category
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…
White paint is coolest yet
USA: Engineers at Purdue University say they have created a white paint that reflects up to 98.1% of sunlight and could cool surfaces 4.5ºC below ambient even under the noon-day sun….
Carel to expand Croatian plant
ITALY/CROATIA: Italian refrigeration controls and humidifier manufacturer Carel is to expand its production facility in Croatia with an additional 5,200m2 plant….
HFC prices stable despite increased demand
EUROPE: Demand for HFC refrigerants continued to increase in the final quarter of 2020, while prices remained relatively stable, according to the…
US seeks answers on illegal European HFC trade
USA: The USA plans to engage with the EU on the issue of illegal HFC refrigerant imports, which, it says, are negatively…
Toshiba cautious on buyout bid
JAPAN: Toshiba is reported to have formed a team to review last week’s buyout offer by British private equity firm CVC Capital…