World News
LG reveals HVAC expansion plans
SOUTH KOREA: LG Electronics has revealed plans intended to make it a top-tier global HVAC solutions provider by 2030 with revenues of US$14.6bn….
Munters breaks ground on US chiller facility
USA: Swedish climate solutions business Munters has broken ground on an expansion of its facility in Daleville, Virginia, to enable the production of chillers. …
Arneg acquires Frigomeccanica
ITALY: Commercial refrigeration manufacturer Arneg has acquired fellow Italian company Frigomeccanica Srl, a specialist in ice cream display freezers, pastry showcases and deli and supermarket displays….
Systemair to acquire Indian fan manufacturer
SWEDEN: Systemair AB has signed an agreement to acquire NADI Airtechnics Ltd, a leading Indian manufacturer of industrial fans….
AIT brings low-charge R290 heat pump to market
GERMANY: The Kasendorf-based manufacturer AIT-Group has launched the first refrigerant-reduced R290 heat pumps based on the scientific work of the Fraunhofer Institute’s LC150 project….
Work begins on expanding heat pump facility
DENMARK: Johnson Controls has broken ground on an expansion of its Holme heat pump and chiller facility in Aarhus, Denmark. …
Nordic Climate acquires Dutch firm Climanova
SWEDEN/NETHERLANDS: The Nordic Climate Group has continued its expansion with the acquisition of Climanova, a company offering cooling, climate control, and heating solutions with bases in the Netherlands and Belgium….
Eurovent guidance on incomplete deliveries
BELGIUM: Eurovent has released updated versions of its guidance for manufacturers, distributors, and end-users of refrigerated cabinets….
Daikin and Ghent partner on heat pumps
BELGIUM: Daikin Europe has signed a two-year partnership with the City of Ghent and Ghent University to accelerate the transition to a climate-neutral, circular and liveable city….
Nidec acquires Chinese scroll manufacturer
JAPAN: Nidec has acquired full ownership of Changzhou Xecom Energy Technologies, a privately owned Chinese scroll compressor manufacturer. …