News Headlines
News Headlines Category
US R22 smuggler fined $250,000
USA: A man who smuggled 2,300 cylinders of ozone-depleting HCFC refrigerant R22 into the US has been fined $250,000….
Wieland acquires heat exchanger firm Provides
GERMANY/ITALY: German copper tube manufacturer Wieland has acquired Italian heat exchanger specialist Provides Metalmeccanica Srl, one of its current customers….
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….