World News
Haier completes Hungarian distributor acquisition
HUNGARY: Haier Europe Appliances Holding has completed the acquisition of Budapest-based air conditioning wholesaler and contractor Klima Kft….
Nidec to build Embraco compressor factory in India
BRAZIL: Nidec is to invest $120m factory in a new 55,000m2 factory in India for the manufacture of Embraco residential and commercial refrigeration compressors and electronic components. …
Mattson appointed Sdiptech CEO and president
SWEDEN: Anders Mattson has been appointed CEO and president of Sdiptech, a technical business group with focus on infrastructures….
Nordic Climate expands further in Denmark
DENMARK: The Nordic Climate Group continues its growth in the Danish market with two new contractor acquisitions in the Jutland region of northern Denmark….
Daikin completes 1MW solar power plant
USA: Daikin has completed the installation of a solar power plant of nearly 1MW at its North American headquarters near Waller, Texas. …
Panasonic develops automatic recovery system
JAPAN: Panasonic has developed an automatic fluorocarbon recovery system for air conditioning units with the aim of improving the efficiency of dismantling used air conditioners….
Paloma completes Fujitsu General tender offer
JAPAN: Paloma Rheem Holdings has announced the successful conclusion of its tender offer for the common shares of the Fujitsu General air conditioning business. …
Chemours fined €1m for alleged F-gas breach
NETHERLANDS: Chemours must pay a penalty of €1m for violating the European F-gas regulation by importing the high GWP HFC23 gas for use at its polymer and elastomer plant in Dordrecht. …
€10.5m investment in Joule process heat pump
AUSTRIA: Ecop, the Austrian developer of a highly efficient, single-stage rotation industrial heat pump has secured €10.5m investment to expand its production capacities….
UL opens expanded heat pump testing facility
USA/ITALY: US testing company UL Solutions has announced an expansion of its facility in Carugate, Italy, to meet growing European demand for comprehensive heat pump performance and safety testing….