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World News - Cooling Post

World News

25th July 2024

Carrier sales up 12%

USA: Carrier has reported strong Q2 2024 financial results with sales up 12% to $6.7bn compared to last year.
24th July 2024

Bosch sees leading HVAC role with JCH purchase

GERMANY: Bosch has described its €7.4bn acquisition of the Johnson Controls-Hitachi Air Conditioning (JCH) joint venture as the biggest transaction in the company’s history, doubling its Home Comfort business.
24th July 2024

Poland intercepts R134a in car LPG tanks

POLAND: Customs officers in Terespol claim to have prevented seven attempts in the last month to smuggle refrigerant R134a in the LPG tanks of motor vehicles.
24th July 2024

Decomposing refrigerants with industrial waste

SOUTH KOREA: Researchers from the Korea Institute of Energy Research (KIER) claim to have developed a technology to decompose R134a refrigerant using an industrial waste product.
23rd July 2024

JCI-Hitachi confirms $8.1bn JV sale to Bosch

JAPAN/USA/GERMANY: Johnson Controls and Hitachi have confirmed an agreement to sell their European air conditioning joint venture business to German manufacturer Robert Bosch in an $8.1bn deal.
23rd July 2024

Lu-Ve in €27m deal to supply UK nuclear plant

ITALY: Lu-Ve is to supply air coolers to the latest Hinkley Point C nuclear power plant under construction in Somerset, UK, in a €27m contract.
22nd July 2024

Bosch leads bid for JCI-Hitachi JV

JAPAN: German company Robert Bosch is reported to be the leading candidate to acquire the Johnson Controls-Hitachi domestic air conditioning joint venture. 
21st July 2024

Panasonic adds energy efficient glass on freezer doors

JAPAN: Panasonic’s use of vacuum insulated glass (VIG) on new reach-in freezer upright display cases is said to offer energy savings of up to 33% compared to conventional units.
20th July 2024

Munters set to acquire Geoclima

SWEDEN/ITALY: Pioneering Italian chiller manufacturer Geoclima is set to be acquired by Swedish air treatment and climate solutions company Munters. 
19th July 2024

Bank to retrofit 62% of branches to heat pumps

CANADA: The Royal Bank of Canada (RBC) has announced a multi-million-dollar retrofit of its branches in Canada to low-carbon heating and cooling systems such as heat pumps.
19th July 2024

Madrid installs cool bus shelters

SPAIN: Madrid’s municipal bus company EMT has installed bus shelters with in-built cooling systems at two locations in the city. 
19th July 2024

Beijer Ref reports record profit in Q2

SWEDEN: Wholesaler Beijer Ref has revealed Q2 as its best ever quarter, with sales of SEK9,681m (€835m) and record profitability.
18th July 2024

Customs block quota-busting F-gas shipment

ITALY: An unnamed “specialised” company from the Piedmont region of northwest Italy faces a fine of up to €150,000 for exceeding its F-gas import quota.
18th July 2024

Cylinder explosion destroys car

SPAIN: Early reports suggest a car destroyed on a street in Malaga last week was caused by an exploding refrigerant cylinder.
18th July 2024

European heat pump sales down 6.5% in 2023

BELGIUM: Heat pump sales were 6.5% lower in 2023, the first fall after ten years of annual growth, threatening Europe’s 2030 climate targets.
17th July 2024

Paul Kenny named EHPA director general

BELGIUM: Paul Kenny, a sustainable energy expert and former special advisor to the Irish government, has been named as the new director general of the European Heat Pump Association (EHPA).
16th July 2024

Rating points for process and IT cooling

BELGIUM: Eurovent’s Air Conditioners  Product Group has released a new recommendation on the rating points for air-to-air process and IT cooling.
16th July 2024

Hong Kong intercepts US-bound refrigerant shipment

HONG KONG: Customs officers have intercepted a shipment of refrigerant being smuggled from Hong Kong to the USA.
15th July 2024

LG to open Air Solution R&D lab in Germany

GERMANY: LG Electronics is establishing a new 930m2 Air Solution R&D lab in Frankfurt, Germany, focusing primarily on developing high-efficiency HVAC solutions for Europe’s varied local climates.
14th July 2024

Sweden Q2 sales down 50% on “exceptional” year

SWEDEN: The second quarter of 2024 has seen continued weak sales of heat pumps on the Swedish market with a decline of 50%. 
14th July 2024

German industry demands action on illegal sales

GERMANY: The German air conditioning and refrigeration industry has hit out at the illegal sales of split AC systems in appliance stores and online.
13th July 2024

Hydrocarbons being sold as F-gas replacements

SPAIN: The authorities in Spain have arrested six people for selling flammable hydrocarbon refrigerants online as replacements for F-gases.
12th July 2024

Chinese HFC blends evaded anti-dumping duties

USA: The US Department of Commerce has ruled that imports of certain blend refrigerants from Turkey, Malaysia and China have been circumventing anti-dumping duties imposed in 2016.
11th July 2024

Danfoss opens new factory in Mexico

MEXICO: Danfoss has inaugurated a new 40,000m² compressor, sensor and heat exchanger manufacturing plant at its Monterrey campus.
10th July 2024

US customs warns on illegal HFC from Mexico

USA: US Customs and Border Protection (CBP) officers have warned the public travelling across the border from Mexico not to bring in HFC refrigerant. 
9th July 2024

Panasonic to boost CO2 interests with Area purchase

JAPAN/POLAND: Panasonic has entered into an agreement to purchase Polish refrigeration equipment manufacturer Area Cooling Solutions Sp zoo.
5th July 2024

Price of high GWP refrigerants continues to rise

EUROPE: Prices of the high GWP refrigerants R410A, R134a and R404A experienced significant price increases across the supply chain in the first quarter of this year.