World News
Systemair buys remaining shares in HSK
SWEDEN/TURKEY: Systemair has acquired the remaining shares in Turkish air handling units manufacturer HSK….
Hoshizaki takes 51% stake in Vietnamese company
JAPAN/VIETNAM: Hoshizaki, the Japanese manufacturer of commercial food and beverage refrigeration equipment, has acquired a majority shareholding in Vietnamese company Asia Refrigeration Industry (ARICO)….
Vertiv acquires centrifugal chiller technology
UK: Vertiv has invested in centrifugal chiller technology with the acquisition of certain assets of BiXin Energy Technology (Suzhou) Co (BSE)….
Mitsubishi Electric buys Irish agent
NETHERLANDS/IRELAND: Mitsubishi Electric Europe is to acquire all the shares of its Irish agent – air conditioning installation and maintenance company Crystal Air Holdings Ltd….
Foodservice equipment wins F-gas exemption
EUROPE: The foodservice industry has obtained a temporary exemption to a January 1 ban on certain self-contained refrigeration equipment under the new European F-gas regulations….
EU could do more to support heat pumps
BELGIUM: The European Heat Pump Association (EHPA) has suggested that nearly all European countries could bring in more fiscal measures to support the uptake of heat pumps….
Daikin forms Indian compressor JV
INDIA: Daikin’s Indian subsidiary is to form a joint venture with Taiwanese compressor company Rechi Precision to manufacture and sell rotary inverter compressors for the Indian air conditioning market….
High GWP refrigerant increases in the atmosphere
CANADA: Researchers in Canada have found that HFC125, a high GWP gas and a major component of air conditioning refrigerant R410A, has increased exponentially in the past 20 years….
Three tonnes of illegal HFCs seized in NZ
NEW ZEALAND: Authorities in New Zealand have reported the seizure of three tonnes of HFCs in an ongoing crackdown on illegal imports….
US plant will produce 1 million heat pump compressors per year
JAPAN/USA: Mitsubishi Electric will begin US production of variable-speed heat pump compressors in October 2027, following the $143.5m retrofit of its Kentucky-based auto parts factory….