World News
Ozone hole on the mend as messenger dies
NAIROBI: A day after the original satellite that provided data for the Montreal Protocol Agreement finally expired, the UN has announced that the Antarctic ozone hole will heal by 2066….
Daikin to invest $75m in EV refrigerant plant
JAPAN: Daikin is to invest more than $75m in a new Japanese plant to produce its low GWP refrigerant R474A for electric…
Qvantum raises €42m to launch “natural” refrigerant heat pumps
SWEDEN: Swedish company Qvantum has raised €42m to support the launch of next generation modular electric heat pumps using “natural” refrigerants….
Majority support for F-gas revision proposals
EUROPE: The European Commission’s proposals for an accelerated F-gas phase down are said to be supported by a majority of EU member…
PFAS refrigerant ban could impact EU green aims
EUROPE: The chemical industry claims that proposals to ban certain refrigerants as PFAS substances under the European REACH regulations could compromise EU…
Daikin acquires Great Lakes distributor
USA: Looking to expand the use of inverter heat pumps in cold climates, Daikin Comfort Technologies North America has acquired its Great-Lakes-based…
Ariston completes Centrotec acquisition
NETHERLANDS: Heating equipment manufacturer Ariston has completed the acquisition of Centrotec Climate Systems GmbH from the German HVAC company Centrotec SE….
European conference returns to Milan
ITALY: The biennial European conference on the latest technologies in refrigeration and air conditioning returns to Milan in June for its 20th…
Danfoss to help retailer cut energy and waste
DENMARK: Danfoss has announced a collaboration with the Salling Group, Denmark’s largest retailer, and Microsoft in an effort to reduce food loss…
Danfoss settles on $4.4m for sanctions busting
USA: Danfoss has reached a settlement of over $4m with the US Treasury to settle potential civil liabilities against the Danish manufacturer…