World News
3rd August 2022
Hoshizaki set to increase stake in Turkish firm
JAPAN/TURKEY: Hoshizaki is set to take a majority stake in commercial kitchen equipment manufacturer Öztiryakiler. Hoshizaki started investing in Öztiryakiler in 2019, and currently has…
2nd August 2022
ASHRAE approves Daikin refrigerant as R474A
USA: A new Daikin refrigerant announced last year as a more efficient alternative to R1234yf in electric vehicles has been designated as R474A by ASHRAE…
2nd August 2022
EIA calls for probe into Romania’s HFC inaction
UK: The Environmental Investigation Agency (EIA) has called on the European Public Prosecutor's Office to investigate Romania’s illegal trade in HFC refrigerants. More than a…
2nd August 2022
Poultry firm faces $110k fines for ammonia leak
USA: A poultry processing company faces fines of $110,000 after an ammonia leak hospitalised two workers. A federal workplace safety investigation into the incident in…
2nd August 2022
Lennox signs refrigerant reclaim deal with Hudson
USA: Refrigerant company Hudson Technologies has signed an exclusive agreement to supply certified reclaimed refrigerants to US HVAC manufacturer Lennox. The agreement is designed to…
1st August 2022
Carrier completes Toshiba JV acquisition
USA: Carrier has completed the $900m acquisition of Toshiba’s 60% stake in the Toshiba Carrier air conditioning joint venture that the two companies created in…
1st August 2022
Beijer Ref buys French company EID
SWEDEN/FRANCE: Beijer Ref has signed an agreement to acquire 85% of French company EID, a manufacturer of insulated copper pipes and wholesaler of refrigeration and…
31st July 2022
Lu-Ve completes Italia Wanbao-ACC purchase
ITALY: Lu-Ve has announced the completion of the acquisition of Italia Wanbao-ACC Srl by its heat exchanger subsidiary SEST SpA. Established in 1968, Italia Wanbao-ACC…
31st July 2022
Mongolia ratifies Kigali Amendment
MONGOLIA: The number of countries to have ratified the Kigali Amendment to phase down HFC refrigerants has grown to 137 with the recent addition of…
29th July 2022
Bill Gates joins $20m investment in efficient AC concept
USA: Blue Frontier, the developer of an air conditioning system combining sensible cooling with liquid desiccant dehumidification, has received a $20m investment co-led by Bill Gates’ Breakthrough…
29th July 2022
Chemours invests $80m in 1234yf production boost
USA: Chemours is to invest $80m in the expansion of its HFO1234yf refrigerant manufacturing facility in Ingleside, near Corpus Christi, Texas. Officially opened in 2019,…
29th July 2022
Kälte Eckert acquired by investment firm Triton
GERMANY: The German investment firm Triton has acquired a majority stake in Kälte Eckert Group, one of the leading suppliers of environmentally friendly refrigeration systems in…
28th July 2022
Carrier to complete Toshiba Carrier jv purchase early August
USA: Carrier has revealed that the acquisition of Toshiba’s 60% stake in the Toshiba Carrier joint venture is expected to be completed in early August.…
28th July 2022
Ammonia leak leads to $214K penalty
USA: The US Environmental Protection Agency (EPA) has announced a $214,000 settlement with a Californian carrot producer following the release of over 2,000lb of ammonia…
27th July 2022
Emerson marks 200 millionth Copeland compressor
USA: Emerson has announced its 200 millionth Copeland compressor installation worldwide in a year that the brand celebrates its 100th anniversary. The Copeland brand traces its…
27th July 2022
Battery-powered transport refrigeration exceeds targets
NETHERLANDS: A nine-month trial of a lithium-ion battery-powered transport refrigeration system is said to have exceeded its target of saving 80% of the diesel used…
26th July 2022
Daikin claims heat pump lead after 1 millionth Altherma sale
BELGIUM: Daikin is claiming a lead position in the European hydronic heat pump market after announcing the installation of its one millionth unit. The claims…
26th July 2022
CERN to develop 3D printing of cooling parts
SWITZERLAND: A project to develop 3D-printing technologies to manufacture cooling system components is to receive funding under the EU’s ATTRACT research and innovation scheme.
25th July 2022
France to fine air conditioned shops with open doors
FRANCE: The French government is set to introduce fines for air conditioned shops that leave their doors open to the street. The French minister of…
21st July 2022
IKEA’s $25m backing for Clean Cooling Collaborative
USA: The Clean Cooling Collaborative, the philanthropic programme focused on decarbonising the cooling sector, has received a $25m grant from the IKEA Foundation. The grant…
21st July 2022
Carrefour pledges to limit peak power consumption
FRANCE: Carrefour has pledged to reduce or postpone its stores’ electricity consumption during periods of significant strain on the electricity grid. The French retailer has…
19th July 2022
Passive cooling test system developed
GERMANY: Researchers at the University of Bayreuth claim to have created a test system allowing passive cooling materials to be reliably characterised and compared, regardless of weather and environmental conditions.
19th July 2022
Beijer Ref uses AI to target potential acquisitions
SWEDEN: Refrigeration wholesaler Beijer Ref is said to have used AI to identify over 1,000 new potential acquisition targets. With some 70 subsidiaries in Europe,…
19th July 2022
IEA head calls for cooling controls
FRANCE: Faced with a “perilous” energy crisis, the head of the International Energy Agency (IEA) has called for the EU to implement cooling standards and…
15th July 2022
Lu-Ve sales up 38.6% in first six months
ITALY: Heat exchanger equipment manufacturer Lu-Ve has reported a 38.6% sales increase in the first half 2022 compared to the same period last year. As…
15th July 2022
Danfoss to sell Russian concerns to local management
DENMARK: Danfoss has signed an agreement to divest its businesses in Russia and Belarus to local management. The move follows the announcement on April 1…
15th July 2022
Beijer Ref sales up 13%
SWEDEN: Refrigeration wholesaler Beijer Ref has reported second quarter organic sales increase of 13.3% with net sales increasing by 30.2% to SEK5938m (€560m). Beijer Ref…