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Lu-Ve acquires €40m “green” loan

ITALY: Heat exchanger equipment manufacturer Lu-Ve has received a “positive loan” of €40m to attain its environmental sustainability objectives.

The loan from the the Banca Nazionale del Lavoro (BNL) has conditions which become even better for Lu-Ve when it achieves specific sustainability objectives. In particular, in the context of environmental sustainability.

Lu-Ve is increasing its use of “natural” refrigerant fluids (carbon dioxide, ammonia and propane) with zero ODP and low GWP in its heat exchangers.

Latest News

23rd May 2026

Daikin forms embedded software joint venture

THAILAND: Daikin Industries (Thailand) has established a joint venture with Toyota Tsusho Nexty Electronics (Thailand), a subsidiary of the Japanese company specialising in embedded software development for the automotive sector.
23rd May 2026

AREA names young video stars

SPAIN: Young professionals from France and Germany have been named as winners of AREA’s annual European Rising Stars video competition.
23rd May 2026

€2.2m backing for solid-state cooling launch

GERMANY: Qurie GmbH, a spin-off from the Fraunhofer Institute for Physical Measurement Techniques IPM, is entering the market with a solid-state heat pump based on electrocaloric materials. 
22nd May 2026

EPA changes are a costly mistake

USA: The association representing US HVACR distributors has described the US EPA’s decision to roll-back refrigerant transition deadlines on commercial refrigeration as a costly mistake for the industry.
22nd May 2026

Daikin officially opens Polish heat pump plant

POLAND: Daikin Europe has officially opened its new Daikin heat pump production facility in Ksawerów, near Łódź, Poland.
21st May 2026

US EPA condemned for “reckless” act

USA: HVACR equipment manufacturers and environmental groups have both condemned today’s announcement by the US EPA to roll-back refrigerant transition deadlines on supermarket refrigeration equipment.