News Headlines
News Headlines Category
Strand appointed commercial compressors president
DENMARK: Kristian Strand has been appointed president of commercial compressors in a reshuffle of senior management at Danfoss….
Nibe acquires Italian manufacturer Argoclima
SWEDEN/ITALY: Swedish heat pump manufacturer Nibe has signed an agreement to acquire 50% of the shares in the Italian company Argoclima SpA…
Lu-Ve secures further €40m investment
ITALY: Heat exchanger equipment manufacturer Lu-Ve has negotiated a €40m loan from the Italian investment bank Cassa Depositi e Prestiti (CDP)….
Unilever seeks to warm up the cold chain
UK: Unilever is conducting trials to witness the feasibility of running ice cream freezer cabinets at higher temperatures to improve energy efficiency….
Mitsubishi invests $113m to boost production in Turkey
TURKEY: Mitsubishi Electric is to invest around US$113m in a further expansion of its air conditioning manufacturing facility in Turkey….
One dead in ammonia leak
CANADA: One person has died after an ammonia leak yesterday at an ice-making plant in British Columbia….
Airedale begins chiller production at new US plant
USA: Airedale has commenced production of its OptiChill air-cooled data centre chillers at its new plant in Rockbridge, Virginia….
ITE (UK) is closed down
UK: Belgian tools supplier ITE has closed its UK office, putting the business into voluntary liquidation….
Daikin in JV to install Singapore’s largest district cooling system
SINGAPORE: Daikin Singapore and leading Asia Pacific utilities company SP Group have formed a new joint venture to install Singapore’s largest district…
Carel revenues up 32% in Q1
ITALY: Refrigeration controls manufacturer Carel has reported consolidated revenues of €128.9m, up 32.1% compared to the first three months of 2021 and a consolidated EBITDDA of €27.2m….