World News
Electrolux and IBM collaborate on AI
SINGAPORE: A collaboration between Electrolux and IBM will allow weather and air quality data to inform consumers of usage of appliances such…
Danfoss combines heating and cooling interests
DENMARK: Danfoss has changed its group structure to combine its heating and cooling segments into Danfoss Climate Solutions. …
Goodman acquires US distributor Robinson
USA: Daikin’s US subsidiary Goodman Distribution has acquired Robinson Plumbing & Heating Supply Co, its Massachusetts-based distributor of Goodman, Amana and Daikin…
Chinese refrigerant prices on the rise
CHINA: After a period of relatively low prices, the cost of refrigerants is again reported to be on the rise in China,…
Watsco sales pass $5bn
USA: Watsco, the largest HVAC distributor, reports that its 2020 annual sales have surpassed $5bn for the first time….
Chinese manufacturer signs Carrier motor deal
USA: Carrier has signed a strategic long-term agreement with Chinese motor manufacturer Broad-Ocean Motor, making it the latest company to join Carrier’s…
US EPA removes 340t of high GWP CFC refrigerant
USA: The US Environmental Protection Agency is set to complete the removal of over 340 tonnes of the CFC refrigerant R114 from…
Toshiba set to launch fabric-faced air conditioner
EUROPE: Toshiba Carrier is set to launch a new high wall residential air conditioner with a textile cover in a choice of…
Hitachi transfers Thai compressor business to Midea
JAPAN: Hitachi has concluded an agreement to transfer all outstanding shares in its subsidiary Hitachi Compressor (Thailand) to Midea Electric Trading (Singapore),…
Daikin expands transport refrigeration presence
BELGIUM: Daikin has expanded availability of its Zanotti transport refrigeration solutions into the major Northern European markets of Belgium, France, Germany and…