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Price of Chinese R32 set to rise

CHINA: The long-term contract price for R32 from China is set to rise nearly 20%, according to Chinese commodity experts.

Increasing worldwide demand for the lower GWP refrigerant for domestic air conditioning is said to have increased the long-term contract price for Chinese R32 to CNY60,200/ton (around US$8,460), a rise of CNY9,600/ton, or 18.97%, compared to third quarter prices. 

Latest News

19th August 2026

Samsung to establish HVAC production line in Korea

SOUTH KOREA: Samsung Electronics is to establish a FläktGroup HVAC production line in Korea to target the rapidly growing HVAC market, including the production of advanced cooling solutions for AI…
19th August 2026

$22.3m for sustainable cooling projects in Africa

ETHIOPIA: Twelve projects in Africa are to receive more than US$22.3m in funding to accelerate the continent’s transition toward sustainable cooling, energy efficiency, climate action and ozone layer protection. 
19th August 2026

Daikin expands available EPDs 

UK: Daikin has expanded its range of Environmental Product Declarations (EPDs) to include commercial air conditioning, chillers and commercial heat pump ranges. 
19th August 2026

Cool energy from waste heat

SOUTH KOREA: A Korean research team has developed a chemical adsorption heat pump system powered by low-temperature waste heat.
18th August 2026

Carrier acquires Toshiba distributor in Benelux

BENELUX: Carrier has completed the acquisition of Intercool, the authorised distributor of Toshiba HVAC products in Belgium, the Netherlands and Luxembourg.
18th August 2026

Ziehl-Abegg to build €25m factory in China

CHINA: German motor and fan manufacturer Ziehl-Abegg has broken ground on a new €25m production facility in China.