World News
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Beijer Ref expands its footprint in Oceania
SWEDEN: Wholesaler Beijer Ref is set to acquire all the shares in Froid et Clim Distribution (FCD), an HVACR distributor on the southwest Pacific island of New Caledonia.
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Chemours sees sales rise 51%
USA: Chemours has reported second-quarter net sales of $1.7bn, and increase of 51% on the same period last year.
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Carrier Q2 sales up 37%
USA: Carrier has reported second quarter sales up 37% to $5.4bn compared to 2020, with organic sales up 31% over the same period.
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Spanish firms face waste handling charges
SPAIN: Twenty-two companies are being investigated by Spain’s Civil Guard for handling and exporting scrap refrigeration and air conditioning compressors with no record of correct waste handling.
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Carrier sells Chubb security business
USA: Carrier Global has agreed to sell its Chubb fire and security business to US safety and industrial services company APi Group for $3.1bn.
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US EPA ammonia penalties total $357,075
USA: The US Environmental Protection Agency has settled alleged ammonia violations in cold stores managed by three separate companies in Yakima County, Washington, totalling $357,075.
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Lennox revenue up 32%
USA: Lennox International has reported revenue up 32% to a record $1.24bn in the second quarter. Operating income was up 59% to a record $216m.
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Watsco reports record half-year sales
USA: Watsco, the world’s largest HVACR equipment distributor, has reported record second quarter and first-half operating results for the periods ended June 30.
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Partnership shapes move to electrify refrigerated trailers
USA: Vehicle electrification solutions company, XL Fleet, and eNow, a pioneer in renewable energy systems for heavy-duty trucks and trailers, have formed a partnership to electrify refrigerated trailers.
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REACH proposal is unclear
EUROPE: The European refrigerant producers group, EFCTC*, has admitted that it is unclear what HFC and HFO refrigerants are included in the new REACH regulation proposals.
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