World News
Chillventa 2026 to be 15% larger
GERMANY: The organiser of Chillventa, the European air conditioning, refrigeration and heat pump exhibition, has announced an expansion of the event in 2026 with the addition of a further hall….
Samsung targets applied HVAC and data centres
SOUTH KOREA: Growing demand for data centre cooling solutions and a desire to expand its applied HVAC portfolio is said to be behind Samsung’s €1.5bn purchase of the FläktGroup. …
Samsung to buy FläktGroup for €1.5bn
GERMANY: Korean manufacturer Samsung Electronics is set to acquire all the shares of FläktGroup from investment company Triton for €1.5bn….
Carrier to invest $1bn in US manufacturing
USA: Carrier has announced plans to invest an additional $1bn over five years in US manufacturing, innovation and workforce expansion. …
Refra signs distribution deal with Hussmann
LITHUANIA/AUSTRALIA: Lithuanian refrigeration equipment manufacturer Refra has signed a partnership with Hussmann, giving the company exclusive rights to distribute Refra’s products in Australia and New Zealand….
Navin Fluorine to produce Chemours’ cooling fluid
USA: Chemours has announced a strategic agreement with Indian fluorochemical company Navin Fluorine International to manufacture its HFO-based two-phase immersion cooling fluid….
Daikin sales steady despite heat pump slump
BELGIUM: Daikin Europe NV has recorded a turnover of €5.03bn for the EMEA region for the year to the end of March, up around 2.5% on last year….
Daikin global sales up 8.1%
JAPAN: Daikin has reported global sales for the year to the end of March of JPY4,752.3bn (US$32.7bn)), up 8.1% on the previous year….
Linde to cool world-first quantum computer
GERMANY/AUSTRALIA: Renowned German refrigeration company Linde Engineering is to supply a cryogenic cooling plant to the world’s first utility-scale quantum computer in Brisbane, Australia….
TIP unveils solar-powered electric reefer
NETHERLANDS: TIP Group, the transportation and logistics company, has unveiled an advanced electric reefer that integrates multiple renewable energy sources – battery, solar, and energy recuperation….