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World News

2 Aug 2022

Lennox signs refrigerant reclaim deal with Hudson

USA: Refrigerant company Hudson Technologies has signed an exclusive agreement to supply certified reclaimed refrigerants to US HVAC manufacturer Lennox. …

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1 Aug 2022

Carrier completes Toshiba JV acquisition

USA: Carrier has completed the $900m acquisition of Toshiba’s 60% stake in the Toshiba Carrier air conditioning joint venture that the two…

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Beijer Ref buys French company EID

SWEDEN/FRANCE: Beijer Ref has signed an agreement to acquire 85% of French company EID, a manufacturer of insulated copper pipes and wholesaler…

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31 Jul 2022

Lu-Ve completes Italia Wanbao-ACC purchase

ITALY: Lu-Ve has announced the completion of the acquisition of Italia Wanbao-ACC Srl by its heat exchanger subsidiary SEST SpA….

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Mongolia ratifies Kigali Amendment

MONGOLIA: The number of countries to have ratified the Kigali Amendment to phase down HFC refrigerants has grown to 137 with the…

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29 Jul 2022

Bill Gates joins $20m investment in efficient AC concept

USA: Blue Frontier, the developer of an air conditioning system combining sensible cooling with liquid desiccant dehumidification, has received a $20m investment co-led by…

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Chemours invests $80m in 1234yf production boost

USA: Chemours is to invest $80m in the expansion of its HFO1234yf refrigerant manufacturing facility in Ingleside, near Corpus Christi, Texas….

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Kälte Eckert acquired by investment firm Triton

GERMANY: The German investment firm Triton has acquired a majority stake in Kälte Eckert Group, one of the leading suppliers of environmentally friendly…

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28 Jul 2022

Carrier to complete Toshiba Carrier jv purchase early August

USA: Carrier has revealed that the acquisition of Toshiba’s 60% stake in the Toshiba Carrier joint venture is expected to be completed…

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Ammonia leak leads to $214K penalty

USA: The US Environmental Protection Agency (EPA) has announced a $214,000 settlement with a Californian carrot producer following the release of over…

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