World News
Daikin Europe begins construction of €140m R&D centre
BELGIUM: Daikin Europe has begun construction of its new €140m EMEA Development Centre (EDC) in Ghent and announced further increases in heat…
Philippines customs seizes R507 shipment
PHILIPPINES: Customs authorities in the port of Cebu have seized 300 cylinders of the high GWP refrigerant R507 that did not have…
Maersk to build 45,000m2 cold store in New Zealand
NEW ZEALAND: Integrated container logistics company Maersk is to build a new 45,000m2 cold chain facility in the Waikato District, the fourth largest…
Carel revenues up 32% in Q1
ITALY: Refrigeration controls manufacturer Carel has reported consolidated revenues of €128.9m, up 32.1% compared to the first three months of 2021 and a consolidated EBITDDA of €27.2m….
Altor takes majority stake in Nordic Climate Group
SWEDEN: Private equity firm Altor has signed an agreement with Capillar Equity to acquire a majority stake in Nordic Climate Group (NCG),…
Andrea Vallejo appointed chair of EPEE
BELGIUM: Andrea Vallejo, Johnson Controls vice president & general manager global industrial refrigeration, has been elected chair of EPEE, the European Partnership…
Japan bans exports of low temp refrigeration to Russia
JAPAN: The export of low temperature refrigeration equipment and other “cutting edge” technology to Russia is to be banned under new sanctions…
Van de Sande elected AREA president
GREECE: Coen van de Sande, director of Dutch association NVKL, was elected president of European contractors’ group AREA at the association’s general…
AGC develops “safe” replacement for R410A
JAPAN: Refrigerant manufacturer AGC claims to have developed a new HFO1123 blend which resolves safety issues associated with this gas as a…
OpenBlue Innovation Centre opens in Cork
IRELAND: Johnson Controls has opened an OpenBlue Innovation Centre in its global HQ at One Albert Quay, Cork, Ireland….