World News
Watsco revenues down 5%
USA: Watsco, the leading US HVAC distributor, saw revenues decrease 5% in 2025 to $7.24bn, despite higher average selling prices due to the A2L product transition….
Epta completes Hauser acquisition
ITALY: Epta has completed the purchase of Austrian commercial refrigeration manufacturer Hauser GmbH following competition clearance by the European Commission….
Carrier plans new plant in Sri City
INDIA: Carrier has announced a $120m investment in a new commercial cooling equipment manufacturing plant on a 39-acre site in Sri City, Andhra Pradesh, according to local reports….
Italian authorities seize 24 tonnes of illegal F-gas
ITALY: Police and customs officers have seized illegal F-gas refrigerant, with an estimated market value of €463,200, at the Port of Venice….
US AC and heat pump shipments down 20% in 2025
USA: US shipments of central air conditioners and air-source heat pumps fell again in December, decreasing 21.4% to 408,244 units, compared to December 2024….
Mitsubishi Thai subsidiary to change name
JAPAN: Mitsubishi Electric is to change the name of its air conditioner and refrigeration compressor manufacturing company in Thailand….
Panasonic proves nanoe effect on hay fever
JAPAN: Human clinical trials of Panasonic’s nanoe air purification technology is said to have shown overall improvements in hay fever symptoms….
Refrigerant management for developing countries
FRANCE/USA: The United Nations Environment Programme (UNEP) has signed a new two-year plan with ASHRAE focusing on the life cycle management of refrigerants….
AHR Expo reports further increase
USA: This year’s AHR Expo in Las Vegas earlier this month recorded an attendance of 53,315, a 4.4% increase on last year’s event in Orlando….
Spanish police bust F-gas smuggling ring
SPAIN: Authorities in Spain have arrested 10 people after uncovering and dismantling a criminal organisation responsible for the illegal trade of more than 15 tonnes of F-gases….