World News
Paris venue for EHPA Heat Pump forum
FRANCE: National climate and energy policies will be the main topics for discussion at the EHPA’s 2016 Heat Pump Forum in Paris….
UTC takes majority stake in Riello
ITALY: UTC, owner of air conditioning manufacturer Carrier, is to acquire a majority stake in Italian HVAC company Riello….
Industry backs new rooftop standards
USA: The new energy efficiency standards announced last week for rooftop air conditioners and heat pumps have been praised by US industry…
Mitsubishi achieves DeLclima majority
JAPAN: Mitsubishi Electric has completed its initial acquisition of 74.97% of the share capital of Italian manufacturer DeLclima SpA for €508m….
Carrier recalls 285,000 PTAC units
USA: Carrier has recalled 285,000 packaged terminal air conditioners and heat pumps in the USA after reports of an overheating plug….
Netherlands has searchable F-gas register
NETHERLANDS: After years of lobbying by industry, the Netherlands has joined those countries offering an online searchable F-gas register….
A-Gas increases ODS destruction capability
USA: A-Gas Americas is installing a second plasma arc, ODS destruction unit at its Bowling Green, Ohio, production facility….
IR to receive $400m for Hussmann shares
IRELAND: Ingersoll Rand has confirmed that it expects to receive $400m for selling its minority interest in Hussmann to Panasonic….
Panasonic to purchase 100% of Hussmann
JAPAN: Panasonic has confirmed that it will acquire 100% of the shares in US refrigeration company Hussmann for $1.545bn….
Panasonic to buy Hussmann for $1.2bn
JAPAN/USA: Panasonic is said to have agreed to buy a majority stake in US display case and refrigeration systems manufacturer Hussmann for…