World News
Galyen to retire as president of Danfoss North America
USA: John Galyen, president of Danfoss North America, is set to retire after 21 years with the company….
TICA completes Smardt move
CHINA: Chinese air conditioning manufacturer TICA has acquired the remaining shares in the Montreal-based oil-free centrifugal chiller manufacturer Smardt….
Honeywell to offer car AC drop-in refrigerant
USA: Honeywell has announced it will be selling Solstice 456A, a new lower GWP drop-in replacement for R134a in car air conditioning…
Daikin invests in IAQ technology startup
JAPAN/UK: Daikin Industries has invested an unspecified sum in Wlab, a London-based startup company also known as the Sensio Air, that uses…
Dantherm owner buys German firm Trotec
GERMANY: Deutsche Beteiligungs AG (DBAG), owner of Danish HVAC manufacturer Dantherm, has acquired Trotec, a German manufacturer and distributor of a range…
Deal reclaims R134a gas for reefers
SINGAPORE/JAPAN: Port services company PSA International is working with Japanese container transportation and shipping company Ocean Network Express (ONE) to recover and…
Daikin Europe posts “best ever” results
BELGIUM: Daikin Europe has announced its “best result ever” with a 25% increase in turnover to €4.3bn for the year to 31…
Daikin expected to report record profits
JAPAN: Daikin is expected to report a record net profit for the year ended March 31, on the back of strong sales…
Carrier donates split ACs to Covid-19 hospital
CHINA: Carrier China has donated 180 split air conditioners to a makeshift Covid-19 quarantine hospital in Baoshan district, Shanghai….
GEA reports record orders
GERMANY: GEA has reported a 20.4% increase in orders in the first quarter of the year to a record €1.54bn, with three…