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World News

20 Nov 2022

Worker’s death blamed on HVAC refrigerant leak

USA: The death of a maintenance worker at an arena in Augusta, Georgia, on Friday evening has been blamed on a refrigerant…

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Munters adds US dehumidification businesses

SWEDEN/USA: Stockholm-based air treatment and climate solutions company Munters has acquired the US dehumidification component manufacturer Rotor Source Inc and sister company…

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19 Nov 2022

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…

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18 Nov 2022

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. …

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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…

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Lennox seeks “strategic alternatives” for European business

USA: Lennox says it will explore “strategic alternatives” for its European commercial HVAC and refrigeration businesses. …

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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…

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17 Nov 2022

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….

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16 Nov 2022

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….

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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%…

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