World News
Woman fined for refrigerant smuggling
ROMANIA: On Thursday (November 17) Romanian border police stopped a vehicle in Siret near the border with Ukraine and found it to…
Daikin to build $220m AC factory in Indonesia
JAPAN: Daikin is to invest $220m in a new residential air conditioner factory near the Indonesian capital, Jakarta. …
Bedard to head Lennox residential business
USA: Lennox International has announced that its head of refrigeration Gary Bedard will become president of its residential business in succession to…
Lennox seeks “strategic alternatives” for European business
USA: Lennox says it will explore “strategic alternatives” for its European commercial HVAC and refrigeration businesses. …
Panasonic to buy Systemair’s commercial AC business
JAPAN/SWEDEN: Panasonic has announced its intention to acquire the commercial air conditioning business of Swedish HVAC manufacturer Systemair AB in a deal…
Daikin plans to double R&D in Turkey
TURKEY: Daikin is to build a new R&D facility for air conditioning and heat pumps at its factory in Hendek, Turkey….
Lu-Ve reports sales up 30.5% to €467.7m
ITALY: Heat exchanger product manufacturer Lu-Ve has reported sales of €467.7m, up 30.5% on the same period in 2021….
Daikin half-year sales up 30%
JAPAN: Daikin sales in the half-year to the end of September rose 30% to JPY2,019,800m (US$14,490m), while operating profit was up 15%…
Chemours and Honeywell in reclaim pact
USA: Rival refrigerant manufacturers Chemours and Honeywell have announced a new pilot scheme to “enable” qualified companies to recycle and reclaim their…
Trane on track for low-carbon steel
IRELAND: Trane Technologies has announced low-carbon steel purchase agreements with major suppliers Nucor Corporation and US Steel….