World News

Industry news and insights from Europe and around the World

UK News

Latest news and developments in the United Kingdom


Keep up-to-date with the latest new products and technology


General articles, applications and industry analysis

Retiring Daikin chairman to receive $27m bonus

JAPAN: Retiring Daikin chairman Noriyuki Inoue is reported to be receiving JPY4.3 billion (US$27m) as a special achievement bonus.

The bonus is in recognition of Inoue’s 67-year Daikin career and his achievements since he became president in 1994.

After joining Daikin in 1957, Inoue took on his first director role within the company in 1979, becoming MD in 1985. After being made president in 1994, and chairman the following year, he expanded the company globally by acquiring a number of major air conditioning companies including the Malaysian conglomerate OYL Industries and US manufacturer Goodman. During the subsequent 30 years, Daikin sales grew over 10-fold to JPY4,395bn (US$28.3bn).

Latest News

14th June 2024

Daikin polyvalent unit on R513A

BELGIUM: Daikin Europe is launching the new polyvalent cooling and heating unit for industrial and commercial applications. 
14th June 2024

EC seeks feedback on F-gas portal amendments

EUROPE: The European Commission is now seeking feedback on the amendments to the rules on registration for the F-gas portal as laid down in the new F-gas regulation.
14th June 2024

Amy Gittoes joins Climalife

UK: Amy Gittoes, the former commercial manager of the now defunct Hereford-based refrigeration company Arctic Circle, has joined Climalife UK.
14th June 2024

ECHA to consider PFAS impacts this year

FINLAND: European Chemicals Agency (ECHA) evaluations of the impact of fluorinated HFC/HFO refrigerants under proposed new European PFAS restrictions are expected to take place in November/December.
13th June 2024

Uzbekistan customs stop R22 equipment

UZBEKISTAN: Customs officers in the Uzbekistan capital Tashkent have stopped the importation of process chilling equipment running on banned ozone-depleting refrigerant R22.
13th June 2024

Varying refrigerant blends boosts HP flexibility

SWITZERLAND: Researchers have found that varying the composition of refrigerant mixtures can enable heat pumps to generate different temperatures from different heat sources, while increasing efficiency by up to 25%.