News Headlines
News Headlines Category
Danfoss reports record sales
DENMARK: Danfoss has reported record sales of €7.5bn in 2021, a 29% increase on the previous year. Organic growth was 18% year-over-year….
Lu-ve acquires 75% stake in Refrion
ITALY: Heat exchanger product manufacturer Lu-Ve is to acquire a 75% stake in Refrion Srl, the Italian producer of air-cooled condensers, dry…
Capital Cooling in administration – again
UK: Beleaguered commercial refrigeration company Capital Cooling has entered administration for an astonishing third time in just over four years….
Chiller company Geoclima creates UK subsidiary
UK: Pioneering Italian chiller manufacturer Geoclima has established a UK subsidiary led by Rob Young, a former owner/director of its UK supplier…
Efficient Energy claims first climate neutral chiller
GERMANY: Efficient Energy, the German company producing chillers using water as the refrigerant, says it has become the refrigeration industry’s first manufacturer…
Koura submits CO2 alternative for ASHRAE approval
UK: The unusual component blend of a new non-flammable refrigerant from Koura, which it claims has a lower environmental impact and better…
Daikin targets further acquisitions
JAPAN: Backed by a war chest of JPY600bn ($5.2bn), Daikin is reported to be considering the acquisition of European heat pumps sales and service companies and refrigerated display case manufacturers….
Carrier creates venture capital group
USA: Carrier has created a venture capital group focused on investing in sustainable innovations and disruptive building and cold chain management technologies….
AHR Expo returns but attendance is 40% down
USA: The AHR Expo made a welcome return to Las Vegas last week, but the attendance was nearly 40% down on the…
Europe highlights revision of EN378
EUROPE: The European Commission has pinpointed a revision of EN 378 and the risk analysis process for flammable refrigerants as a priority…