World News
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….
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…