World News
11th August 2021
Carrier products led to 68Mt GHG saving
UK: Carrier estimates that its introduction of more energy efficient technologies and lower GWP refrigerants has led to the avoidance of 68 million tonnes of…
11th August 2021
Pointing the way to a sustainable cold chain
USA: Developing countries are being provided with the models to expand a sustainable cold chain and thereby help to reduce food loss and waste. The…
9th August 2021
Halma acquires gas detector firm Sensitron
UK/ITALY: Halma, a British global group of safety equipment companies, has acquired the Italian gas detection company Sensitron Srl for €21m. Established in 1988 and…
8th August 2021
Trane bookings up 34% in Q2
IRELAND: Trane Technologies has reported a robust performance in Q2 with huge increases in bookings and revenue in its Europe, Middle East and Africa (EMEA) segment. Overall, the…
7th August 2021
Martinique plans geothermal cooling network
MARTINIQUE: A French consortium is behind a geothermal energy project to establish a cooling distribution network on the Caribbean island of Martinique.
6th August 2021
Modine to expand Airedale brand in US
USA: Modine is expanding its Airedale brand in the USA with new products and increased production to meet the surge in demand from the booming…
6th August 2021
Growth in Asia prompts A-Gas move
SINGAPORE: A-Gas is relocating its Singapore business to a new site to cater for increased refrigerant recovery volumes from Singapore, Hong Kong and Thailand. Following…
5th August 2021
Ziehl-Abegg plots €36m expansion
GERMANY: Fan and motor manufacturer Ziehl-Abegg is investing €36m on a modern production facility at its Kupferzell site. The Künzelsau-based company invested €16m in building…
4th August 2021
Cross Rental changes owners
UK/IRELAND: Dublin-based Cross Rental Services has been the subject of an MBO backed by UK private equity company Elysian Capital. Cross Rental Services provides HVAC…
3rd August 2021
Daikin sales up 37%
JAPAN: Daikin has recorded a 37% leap in Q1 sales to JPY799bn (US$7.3bn), with operating profit doubling to JPY109.3bn ($1bn) compared to the same period…
3rd August 2021
Epta expands in South America
ITALY/CHILE: Italian commercial refrigeration company Epta has acquired Sociedad Ingeniería y Mantención VPP, one of the leading contractors in Chile.
1st August 2021
Daikin to explore AC and PV control
JAPAN: Daikin is partnering with Japanese utility company Kansai Electric Power Co to test an energy management system utilising an air conditioning control system and…
30th July 2021
Beijer Ref expands its footprint in Oceania
SWEDEN: Wholesaler Beijer Ref is set to acquire all the shares in Froid et Clim Distribution (FCD), an HVACR distributor on the southwest Pacific island…
29th July 2021
Chemours sees sales rise 51%
USA: Chemours has reported second-quarter net sales of $1.7bn, and increase of 51% on the same period last year. The company's Thermal & Specialized Solutions…
29th July 2021
Carrier Q2 sales up 37%
USA: Carrier has reported second quarter sales up 37% to $5.4bn compared to 2020, with organic sales up 31% over the same period. Strong sales…
28th July 2021
Spanish firms face waste handling charges
SPAIN: Twenty-two companies are being investigated by Spain’s Civil Guard for handling and exporting scrap refrigeration and air conditioning compressors with no record of correct…
28th July 2021
Carrier sells Chubb security business
USA: Carrier Global has agreed to sell its Chubb fire and security business to US safety and industrial services company APi Group for $3.1bn. The…
26th July 2021
US EPA ammonia penalties total $357,075
USA: The US Environmental Protection Agency has settled alleged ammonia violations in cold stores managed by three separate companies in Yakima County, Washington, totalling $357,075.…
26th July 2021
Lennox revenue up 32%
USA: Lennox International has reported revenue up 32% to a record $1.24bn in the second quarter. Operating income was up 59% to a record $216m. …
25th July 2021
Watsco reports record half-year sales
USA: Watsco, the world’s largest HVACR equipment distributor, has reported record second quarter and first-half operating results for the periods ended June 30. Q2 sales…
25th July 2021
Partnership shapes move to electrify refrigerated trailers
USA: Vehicle electrification solutions company, XL Fleet, and eNow, a pioneer in renewable energy systems for heavy-duty trucks and trailers, have formed a partnership to…
23rd July 2021
REACH proposal is unclear
EUROPE: The European refrigerant producers group, EFCTC*, has admitted that it is unclear what HFC and HFO refrigerants are included in the new REACH regulation…
22nd July 2021
LG achieves AHRI award for fourth year
SOUTH KOREA: All 57 LG HVAC models have passed the Air Conditioning, Heating & Refrigeration Institute (AHRI) comprehensive performance evaluation for the fourth consecutive year. The evaluations…
22nd July 2021
Rheem to acquire Friedrich Air Conditioning
USA: HVAC equipment manufacturer Rheem is to acquire fellow US manufacturer Friedrich Air Conditioning. Friedrich’s owners, the private investment firm Monomoy Capital Partners, confirmed today…
21st July 2021
REACH proposals could hit HFC and HFO refrigerants
EUROPE: While Europe continues with the HFC refrigerant phase down, new proposals to be put before the Commission could see further restrictions or even bans…
21st July 2021
Understanding refrigerant leaks webinar
USA: Leak detection company Bacharach is hosting a free-to-attend webinar to enhance the understanding of refrigerant leaks and how to identify patterns. Bacharach’s webinar will…
21st July 2021
A-Gas Italia established
ITALY: A-Gas has completed the acquisition of the reclamation business of Italian company Safety Hi-Tech, creating A-Gas Italia.