World News
Toshiba CEO resigns
JAPAN: Toshiba chief executive Nobuaki Kurumatani has resigned from his position after reports of shareholder unrest following last week’s $20bn bid from…
HFC prices stable despite increased demand
EUROPE: Demand for HFC refrigerants continued to increase in the final quarter of 2020, while prices remained relatively stable, according to the…
Lu-Ve reports record orders in Q1
ITALY: Commercial and industrial refrigeration equipment manufacturer Lu-Ve has reported record orders for the first quarter of 2021….
JCI lands $91m energy efficiency deal
USA: Johnson Controls has won a $91m project with the US General Services Administration (GSA) to improve facilities and energy efficiencies of…
A-Gas signs refrigerant reclaim deal with Daikin
SINGAPORE: A-Gas’ Singapore subsidiary, VEMAC, has signed an agreement with air conditioning manufacturer Daikin to provide refrigerant recovery solutions across the nation. …
EIA calls on US to implement HFC bans
USA: Environmental groups have petitioned the US Environmental Protection Agency (EPA) to restrict the use of HFC refrigerants in key cooling sectors….
US seeks answers on illegal European HFC trade
USA: The USA plans to engage with the EU on the issue of illegal HFC refrigerant imports, which, it says, are negatively…
Toshiba cautious on buyout bid
JAPAN: Toshiba is reported to have formed a team to review last week’s buyout offer by British private equity firm CVC Capital…
Daikin boosts heat pump production
GERMANY: Daikin is boosting heat pump production at its heat pump manufacturing facility in Güglingen, Germany, with the addition of a new…
Microsoft trials two-phase immersion cooling
USA: Microsoft claims to be the first cloud provider running two-phase immersion cooling in its datacenter in Quincy, WA….