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World News

20 Aug 2026

Danfoss half-year sales up 18%

DENMARK: Danfoss Climate Solutions, the Danish manufacturer’s heating and cooling business segment, has reported half-year organic sales up 18% to €1,803m. …

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Haier signs Austrian distribution deal

AUSTRIA: Haier HVAC Solutions Europe has appointed Frigentis GmbH as an official distributor in Austria….

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19 Aug 2026

Samsung to establish HVAC production line in Korea

SOUTH KOREA: Samsung Electronics is to establish a FläktGroup HVAC production line in Korea to target the rapidly growing HVAC market, including the production of advanced cooling solutions for AI data centres….

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$22.3m for sustainable cooling projects in Africa

ETHIOPIA: Twelve projects in Africa are to receive more than US$22.3m in funding to accelerate the continent’s transition toward sustainable cooling, energy efficiency, climate action and ozone layer protection. …

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Cool energy from waste heat

SOUTH KOREA: A Korean research team has developed a chemical adsorption heat pump system powered by low-temperature waste heat….

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18 Aug 2026

Carrier acquires Toshiba distributor in Benelux

BENELUX: Carrier has completed the acquisition of Intercool, the authorised distributor of Toshiba HVAC products in Belgium, the Netherlands and Luxembourg….

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Ziehl-Abegg to build €25m factory in China

CHINA: German motor and fan manufacturer Ziehl-Abegg has broken ground on a new €25m production facility in China. …

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Ricardo Bristotti appointed Nidec GA president

BRAZIL: Nidec Global Appliance, owner of the Embraco brand, has appointed Ricardo Bristotti as its new president. He replaces Alberto Casnati. …

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17 Aug 2026

US AC and heat pump shipments up 21.7%

USA: US shipments of central air conditioners and air-source heat pumps totalled 1,023,571 units in June, an increase of 21.7% compared to June 2025. …

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Trane and Eaton combine to benefit data centres

USA: Trane Technologies has announced a collaboration with intelligent power management company Eaton to help accelerate AI-factory deployment, enhance efficiency and lower costs….

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