World News
Emerson announces job cuts but will not split
USA: Emerson will not separate its industrial automation and air conditioning businesses, but will implement a $425m cost-cutting plan that will see 2,900…
Report maps $14bn global refrigerant market
USA: A new report from the National Renewable Energy Laboratory (NREL) gives a detailed a market overview and supply chain assessment of…
AHRI signs agreement with Korean group KRAIA
USA/KOREA: The America Refrigeration and Air Conditioning Association (AHRI) has signed a co-operation agreement with the Korea Refrigeration and Air Conditioning Industry Association (KRAIA)….
Refrigeration bribes scandal leads to jail sentence
SINGAPORE: The director of a Singapore-based commercial and industrial refrigeration and air conditioning company has been sentenced to 30 months’ imprisonment for…
Illegal trade hits Chemours’ refrigerant sales
USA: The illegal refrigerant trade had a significant financial impact on Chemours in 2019, the company’s Fluoroproducts business reporting a 7% decline…
Daikin ac sales up 5.3%
JAPAN: Daikin has reported a 4.1% sales increase in the nine months from April to December 2019. Net sales were JPY1,951,374m ($17,730m)….
EU increases pressure on Romania over F-gas penalties
EUROPE: The European Commission has stepped up the pressure on Romania for failing to adopt penalties for breaches of the F-gas regulation…
Initiative to train military veterans as refrigeration engineers
USA: Military veterans in the USA are being encouraged to train as refrigeration engineers in a special initiative between a leading industry association and a meat processor. …
Danfoss seeks CO2 neutrality by 2030
DENMARK: Danfoss intends to become CO2 neutral in all of its global operations at the latest by 2030. …
Carrier reveals plans for April spin-off
USA: Carrier plans to invest in its global sales force and product innovation, while making $600m reductions in supply chain costs when…