World News
Passive cooling test system developed
GERMANY: Researchers at the University of Bayreuth claim to have created a test system allowing passive cooling materials to be reliably characterised and compared, regardless of weather and environmental conditions….
Beijer Ref uses AI to target potential acquisitions
SWEDEN: Refrigeration wholesaler Beijer Ref is said to have used AI to identify over 1,000 new potential acquisition targets. …
IEA head calls for cooling controls
FRANCE: Faced with a “perilous” energy crisis, the head of the International Energy Agency (IEA) has called for the EU to implement…
Lu-Ve sales up 38.6% in first six months
ITALY: Heat exchanger equipment manufacturer Lu-Ve has reported a 38.6% sales increase in the first half 2022 compared to the same period…
Danfoss to sell Russian concerns to local management
DENMARK: Danfoss has signed an agreement to divest its businesses in Russia and Belarus to local management….
Beijer Ref sales up 13%
SWEDEN: Refrigeration wholesaler Beijer Ref has reported second quarter organic sales increase of 13.3% with net sales increasing by 30.2% to SEK5938m…
Westinghouse signs Qatar AC distribution deal
QATAR: Westinghouse has signed an air conditioning distribution deal with the Teyseer Air Conditioning & Refrigeration in Qatar….
Viessmann invests €200m in new heat pump factory
GERMANY/POLAND: Viessmann is to invest €200m in expanding and partially rebuilding its existing factory in Poland to create a new heat pump…
Womens’ role in cooling – a global issue
BANGKOK: Maintaining work-life balance, limited career advancement opportunities, lack of female colleagues and lack of access to training, are some of the…
Abdalla named as new Smardt CEO
CANADA: Ashraf Abdalla has been appointed as the new CEO of oil-free centrifugal chiller manufacturer Smardt. He succeeds Vince Canino who will…