Daikin Acquires Refrigerant Business in Europe from Leading Chemical Group Solvay S. A.

Daikin Industries, Ltd. has decided to acquire the refrigerant business in Europe of major Belgian chemical group Solvay S.A. In Europe, due to the F-gas Regulation, conversion to refrigerants that have a lower environmental impact is an important goal. For this reason, while Daikin strives to fulfill its responsibility as the only company manufacturing both refrigerant and HVAC equipment, the company is endeavoring to contribute to the mitigation of global warming through the promotion of widespread use of refrigerants having lower global warming potential (G...