News Headlines
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Beijer Ref buys third US distributor
SWEDEN/USA: Beijer Ref has signed an agreement to acquire the assets of North American HVAC distributor Webb Supply, its third acquisition since entering the US market 12 months ago….
£1.5bn boost for UK heat pumps
UK: The UK government has allocated an extra £1.5bn for the Boiler Upgrade Scheme (BUS), as part of a £6bn scheme to cut energy use and bills in UK homes. …
Martin Krutz named joint MD at Daikin Germany
GERMANY: Martin Krutz, MD of Daikin’s commercial refrigeration subsidiary AHT, is to take over the joint managing director position from Filip De…
Heat pump sales declining in Euro/Nordic countries
BELGIUM: Despite a strong start, heat pumps sales have shrunk in some European and Nordic countries this year, according to new data from the European Heat Pump Association (EHPA)….
Carrier sells refrigeration business to Haier
USA: Carrier Global Corporation has entered into a definitive agreement to sell its Carrier Commercial Refrigeration business to Chinese manufacturer Haier for $775m….
UK heat pump installations rise again
UK: The number of heat pump installations rose again in 2023 with more than 37,000 air-source and ground/water-source installations, up from 30,000 in 2022….
Japanese firm produces hydrogen-powered chiller
JAPAN: A Japanese manufacturer claims to have developed the world’s first hydrogen-powered absorption chiller/heater….
EU agrees deal to phase out fossil fuel boilers
EUROPE: A provisional deal between the European Parliament and Council to strengthen the Energy Performance of Buildings Directive includes a complete phase-out of fossil fuel boilers by 2040. …
Wolseley set to complete Kooltech acquisition
UK: Wolseley is set to complete the acquisition of Kooltech after agreeing to sell Kooltech’s Aberdeen branch….
Refrigerant smuggled into Ukraine as humanitarian aid
UKRAINE: Authorities in Ukraine have seized a large shipment of refrigerant being brought into the country and mis-declared as humanitarian aid to evade customs duties….