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World News - Cooling Post

World News

9th May 2023

Daikin sees sales rise 28%

JAPAN: Daikin has reported net sales of JPY3,981,578m ($29,487m) in the year to March 31, an increase of 28.1% on last year. Operating profit was…
8th May 2023

Heat Pump Summit – call for papers

GERMANY: Presentation proposals are now being invited for the 8th European Heat Pump Summit, taking place in October in Nuremberg. Bridging the gap between the…
7th May 2023

Six injured in HVAC ductwork collapse

USA: Six people were injured, two of them seriously, when exposed HVAC ductwork fell from the ceiling at an indoor aquatics centre in Colorado. Fire…
7th May 2023

Spain urges greater effort in leak prevention

SPAIN: The Spanish refrigeration association, AEFYT, has urged greater efforts in refrigerant leak detection and containment as the industry faces “an unprecedented challenge” from the…
7th May 2023

Clivet opens new European hub

ITALY: Air conditioning and heat pump manufacturer Clivet has established a European hub at the SuperLab Bicocca in Milan. Superlab Bicocca is a new 100m…
4th May 2023

Trane acquires Italian chiller manufacturer MTA

BELGIUM: Trane Technologies has acquired MTA, the Italian manufacturer and distributor of  industrial refrigeration and air conditioning equipment.  Trane insists that the company’s process chillers…
4th May 2023

Daikin sponsors German handball

GERMANY: Daikin has become the new sponsor of German handball, the country’s second largest team sport. The sponsorships with Germany’s national handball association DHB and…
4th May 2023

EBM-Papst completes new Chinese headquarters

GERMANY/CHINA: German fans and motors manufacturer EBM-Papst is to begin the consolidation of its Shanghai activities to a new 33,000m² facility in the city. The…
2nd May 2023

Castel establishes Middle East subsidiary

ITALY/UAE: Italian refrigeration and air conditioning component supplier Castel has established a new subsidiary in Dubai to serve the Middle East. Castel Gulf DMCC will…
2nd May 2023

Daikin Applied buys Florida sales agent

USA: Daikin Applied has acquired its Florida-based sales agent Carroll Air Systems. Headquartered in Tampa with offices in Fort Myers and Orlando, Carroll Air Systems supports the…
1st May 2023

ASHRAE releases first zero net carbon and energy standard

USA: ASHRAE has released a new standard to measure zero net carbon and energy goals in buildings. ANSI/ASHRAE Standard 228-2023, Standard Method of Evaluating Zero Net…
30th April 2023

Heat pumps – call for action

EUROPE: The European Commission has opened its call for evidence on its proposed heat pump action plan to accelerate deployment of the technology in the…
28th April 2023

McMillan announced as new Toromont CEO

USA: Toromont Industries has announced that Michael McMillan will succeed Scott Medhurst as president and CEO.  Medhurst previously announced his intention to retire after a successful 35-year…
28th April 2023

Mitsubishi Electric sales up 19%

JAPAN: Mitsubishi Electric’s air conditioning and home products segment reported sales of JPY1,361.1bn ($10bn) in the year to March 31, a 19% increase on the…
26th April 2023

Fan manufacturer moves into turbo compressors

GERMANY: Fan manufacturer EBM-Papst is trialling a new design of oil-less, high speed turbo compressor for a range of applications including air conditioning, refrigeration and heat…
26th April 2023

Carrier sales up 13% in Q1

USA: Carrier Global Corporation has reported first quarter sales of $5.3bn, a 13% increase on Q1 2022. Organic sales grew 4% over the same period. Organic…
26th April 2023

Swedish heat pump sales up 20% in Q1

SWEDEN: Sales of heat pumps in Sweden increased by 20% during the first quarter of 2023, according to the Swedish cooling and heat pump association…
26th April 2023

Viessmann to invest in refrigeration business

GERMANY: The Viessmann Group says it will reinvest the primary proceeds from the €12bn sale of its Climate Solutions business to Carrier into its remaining…
25th April 2023

Carrier confirms €12bn Viessmann purchase

USA/GERMANY: Carrier has confirmed it will acquire Viessmann Climate Solutions, the largest segment of Viessmann Group, in a cash and stock transaction valued at €12bn. …
25th April 2023

Beijer Ref reports record first quarter sales

SWEDEN: Wholesaler Beijer Ref has reported a record first quarter with net sales reaching SEK7,378m (€652m), a 50.5% increase on 2022. Organic sales increased 14.5%…
25th April 2023

Beijer Ref to buy Bulgarian HVAC distributor

SWEDEN: Wholesaler Beijer Ref has signed an agreement to acquire 70% of the shares in Condex, a leading Bulgarian HVAC distributor. Beijer Ref also has…
25th April 2023

Carrier in talks to acquire Viessmann

USA/GERMANY: Carrier is reported to be in advanced talks to acquire German HVACR manufacturer Viessmann for more than $10bn including debt. Reports in the Wall…
24th April 2023

Woman charged with refrigerant smuggling

ROMANIA: Suceava border police have charged a woman with attempting to smuggle four cylinders of refrigerant across the border from Ukraine. The 34-year-old woman, with…
24th April 2023

Customs seek to identify seized refrigerant

CHILE: The Chilean government is seeking a local consultant to analyse the contents of 1,150 refrigerant cylinders seized by customs authorities and held in the…
23rd April 2023

Emissions increase after lockdown

EUROPE: EU greenhouse gas emissions increased by 6.2% from 2020 to 2021 but remained at lower level than before the pandemic, the latest European Environment…
23rd April 2023

Social media reveals growing AC popularity

NETHERLANDS: Data from social media has provided an insight into the increasing popularity of air conditioning worldwide.  Researchers at Radboud University in Nijmegen argue that…
21st April 2023

Fridge firm investigated for price fixing

AUSTRIA: The Austrian competition authority Bundeswettbewerbsbehörde has reported that it is investigating an unnamed refrigeration equipment manufacturer for alleged anti-competitive practices. The company, said to…