World News
EU phase down “on track” despite widespread HFC smuggling
EUROPE: The amount of HFCs placed on the EU market in 2023 was 5% below the maximum quantity allowable under the European F-gas regulation, according to latest figures….
Oman is latest GCC member to ratify Kigali
OMAN: The Sultanate of Oman has followed fellow Gulf Cooperation Council neighbours Kuwait, Bahrain and the United Arab Emirates in ratifying the Kigali Amendment to the Montreal Protocol….
Samsung signs distribution deal for Ireland
IRELAND: HiiLife, a leading technology provider for the construction sector, has been appointed as the official Samsung Climate Solutions distributor in Ireland….
Climaveneta to build new $47m plant in India
INDIA: Chiller manufacturer Climaveneta Climate Technologies is to Invest around $47m on a 23,000m2 manufacturing facility, located at Narasapura, near Bengaluru….
Daikin invests in composite materials technology
JAPAN: Daikin has invested in Japanese metal matrix composite materials manufacturer Advanced Composites Corporation to advance the application of the technology to air conditioning equipment parts….
Kuwait signs Kigali agreement
KUWAIT: The the State of Kuwait, has followed its Gulf neighbours Bahrain and the United Arab Emirates in signing up to the Kigali Amendment to the Montreal Protocol….
CO2 heat pump achieves ecodesign mark
NORWAY: Oslo-based heat pump manufacturer Tequs claims to be the first to achieve Ecodesign certification for its high-temperature, water-to-water CO2 heat pumps….
Has Daikin finally cracked CO2 VRF?
BELGIUM: As a possible solution to the viability of VRF air conditioning technology in a low-GWP future, Daikin will preview a CO2 VRF system at the ISH show in March….
Freor CEO buys out investor Livonia Partners
LITHUANIA: Rytis Bernatonis, CEO, founder and majority shareholder of commercial refrigeration equipment manufacturer Freor, has acquired the 33.34% stake in his company from private equity company Livonia Partners….
Germany seeks public procurement ban on VRF
GERMANY: The German government proposal to ban the public procurement of multi-split/VRF air conditioning systems has been met with criticism by the industry….