World News
Beijer Ref buys majority stake in Greek AC manufacturer
SWEDEN: Wholesaler Beijer Ref has entered the Greek market with the acquisition of a majority stake in Athens-based air conditioning manufacturer Inventor…
Chinese refrigerant producer Yonghe listed on Shanghai Stock Exchange
CHINA: Zhejiang Yonghe Refrigerant Co, manufacturer of the Iceloong brand of refrigerants, has been listed on the main-board market of the Shanghai…
Greek customs seize 17,200kg of illegal HFC refrigerant
GREECE: Customs officers from the port of Elefsina in Greece have seized 17,200kg of smuggled illegal HFC refrigerant….
Heating and cooling can make EU Fit for 55
BELGIUM: EPEE has called for Energy Efficiency Directive and Renewable Energy Directive targets to be increased and the phase out fossil fuels in…
EIA exposes corruption in Romania’s criminal HFC trade
UK: The Environmental Investigation Agency has uncovered “systematic corruption” of customs officials in the illegal importation of refrigerants into Europe, with Romania…
Virtual showroom is LG’s cool option
KOREA: LG Electronics has launched the LG HVAC Virtual Experience, a new, interactive online showroom demonstrating the companies portfolio of air conditioning…
Daikin to distribute Duco heat recovery ventilation
BELGIUM: Daikin is to distribute the residential ventilation units manufactured by Belgian company Duco. …
BAC acquires Italian coil firm Eurocoil
USA/ITALY: Baltimore Aircoil (BAC) has acquired Eurocoil SpA, the Italian manufacturer of finned coil heat exchangers….
Swegon invests in indoor environment software company
SWEDEN: Gothenburg-based HVAC manufacturer Swegon is to acquire a majority shareholding in 720°, a Finnish company with a cloud-based analytics solution for…
Mitsubishi Electric CEO resigns amid testing scandal
JAPAN: Mitsubishi Electric president and CEO Takeshi Sugiyama said he will resign after the company admitted falsifying tests on train air conditioning…