News Headlines
News Headlines Category
Carrier to acquire Toshiba Carrier HVAC business
USA/JAPAN: Carrier has confirmed that it has signed a binding agreement to acquire Toshiba’s ownership stake in the Toshiba Carrier air conditioning…
Toshiba to sell air conditioning business?
JAPAN: Toshiba is set to sell its stake in its Toshiba Carrier air conditioning business to its US joint venture partner Carrier…
US could face blackouts due to domestic AC use
USA: Household air conditioning use in the USA could exceed electric capacity in the next decade due to climate change and lead…
Panasonic backs drive to link AC and air quality
JAPAN: Panasonic is to invest JPY100bn ($867m) in its air conditioning and air quality business over the next five years, according to reports…
Lu-Ve makes offer for ACC business
ITALY: Lu-Ve has submitted a binding proposal for the purchase of the beleaguered compressor manufacturing company Italia Wanbao ACC srl (WACC)….
Systemair acquires Lu-Ve’s close control AC business
SWEDEN/ITALY: Systemair has acquired Tecnair LV, the close control air conditioning unit manufacturer and member of the Lu-Ve Group, for €16.2m….
Honeywell announces non-flammable refrigerant under 150 GWP
USA: Honeywell has announced a new non-flammable refrigerant for medium temperature commercial refrigeration applications with a GWP of less than 150….
Concerns persist over R466A compatibility
USA: New tests on R466A, Honeywell’s long-awaited non-flammable lower GWP alternative air conditioning refrigerant, are said to have shown comparable performance to R410A…
Munters acquires Edpac for €29m
SWEDEN: Munters, the Swedish air treatment and climate solutions business, has acquired Irish data centre cooling equipment and air handling systems manufacturer…
A-Gas breaks into Japanese refrigerant reclamation market
UK/JAPAN: British company A-Gas has broken into the Japanese refrigerant reclamation market with the acquisition of Tokyo-based FUSO Co Ltd….