World News
Polish car industry fears threat from illegal R134a
POLAND: The automotive industry in Poland is calling for more decisive action from its government in the fight against a tide of illegal R134a refrigerant….
Danfoss reports sales down 9%
DENMARK: Danfoss has reported sales down 9% to €5,012m and operating profit down 22% to €533m in the first half of this year. …
Canadian government invests in heat pump training
CANADA: The Heating, Refrigeration and Air Conditioning Institute of Canada (HRAI) has received CA$500,000 (US$366,000) to help address the country’s heat pump skills gap….
Man dies after being hit by falling AC unit
INDIA: An 18-year-old man died and his 17-year-old friend was reportedly critically injured after being struck by a falling air conditioning condensing unit….
Carrier completes divestiture plans
USA: With the sale of Carrier Commercial Refrigeration set to be completed in Q3, Carrier has now agreed the sale of its Commercial and Residential Fire business for $3bn….
RDM founder Andrew Chandler set to retire
UK: Andrew Chandler, MD, CEO and founder of Glasgow-based controls company Resource Data Management (RDM) is set to retire after 43 years in the HVACR industry….
Viessmann to acquire US company KPS Global
GERMANY/USA: The Viessmann Generations Group has signed an agreement to acquire US-based insulated panel systems manufacturer KPS Global LLC….
Emerson completes Copeland sale
USA: Emerson has today announced the completion of the sale of its remaining 40% interest in the Copeland joint venture to private equity funds managed by Blackstone….
Italian customs seize over 40 tonnes of illegal refrigerant
ITALY: Customs authorities have intercepted over 40 tonnes of illegal HFC refrigerant at the port of Gioia Tauro, Italy. …
Investment company targets US HVAC distributors
USA: A newly-formed, Miami-based investment firm is looking to invest in founder-owned US HVAC parts and equipment distribution businesses….