World News

Enex Technologies receives €25m backing
ITALY: CCC Holdings Europe, holding company of HVACR equipment manufacturer Enex Technologies, has reinforced its capital structure with a non-convertible €25m PIK bond….

Danfoss acquires Palladio compressors
DENMARK/ITALY: Danfoss has acquired Palladio, the Italian manufacturer of high-efficiency screw compressors….

EEA plots rise in cooling demand
DENMARK: A new report from the European Environment Agency predicts that, in future, southern European member states could be consuming 71% of total annual energy for residential cooling….

Nordic Climate continues Dutch expansion
SWEDEN/NETHERLANDS: The Nordic Climate Group continues its expansion in the Netherlands with the acquisition of Breda-based contractor Huijbregts Koeltechniek….

Haier opens US$400m Thai factory
THAILAND: Chinese air conditioning manufacturer Haier has officially opened its new US$400m factory in Chonburi, Thailand….

MVR heat pump offers CO2-free steam generation
GERMANY: Chemical company BASF has broken ground on a new formic acid plant in Ludwigshafen that will use one of the largest…

Joint guide on Ecodesign requirements for fans
BELGIUM/CZECH REPUBLIC: A new guide has been published to address common questions on the interpretation of Ecodesign requirements for fans as set out in EU regulation 2024/1834….

Daikin plans to produce heat exchangers using recycled aluminium
JAPAN: Daikin is looking to produce air conditioner heat exchangers made from recycled aluminium after perfecting horizontal recycling technology….

Bluu Unit adds KKL Holding GmbH
GERMANY: Bluu Unit, a group of refrigeration, air conditioning and ventilation firms, has signed an agreement to acquire Düsseldorf-based contractor KKL Holding GmbH….

Bosch halts Polish heat pump factory plans
GERMANY/POLAND: German manufacturer Bosch has announced the suspension of its €280m investment in a new heat pump factory in Poland….