RAC/PAC
IR commits $500m to GHG reductions
June 3, 2016 USA: Ingersoll Rand, parent of Trane and Thermo King, is to invest $500m in r&d to reduce greenhouse gas emissions. The financial investment is part of its commitment to the Cl...
Sharp Mini Splits Now Available on ComfortUp.com
June 2, 2016 MIAMI - Sharp has started selling mini splits on Comfortup.com, a leading online retailer of Watsco Group. ComfortUp.com will be offering the full line of Sharp ductless mini split heat p...
United Technologies Acquires Commercial HVAC Business in Aus
June 2, 2016 SYDNEY - United Technologies has acquired the commercial HVAC product sales and commercial service divisions of AHI-Carrier (Australia) Pty Ltd, a UTC joint venture in Australia. The newl...
BSRIA Global Air Conditioning Study shows market cooled in 2
June 2, 2016 The recently published BSRIA market intelligence study on the global air conditioning market shows that global growth “disappointed again” in 2015 - across all product ranges - and is exp...
Europe: 1st quarter 2016 HVAC-R market trends
31/05/2016 Eurovent Market Intelligence (EMI) has just released the latest trends for the European HVAC&R market *AHU: Air handling Units Source : Eurovent Market Intelligence &nbs...
UTC acquires Australian joint venture
May 31, 2016 AUSTRALIA: United Technologies has acquired the commercial HVAC product sales and commercial service divisions of its joint venture business AHI-Carrier (Australia) Pty Ltd. The ne...
Contractor ditches 'expensive' foreign AC
May 29, 2016 AUSTRALIA: A Perth-based air conditioning contractor is refusing to install foreign brands, accusing them of being unsuitable for the Australian climate and expensive to run. Mike ...
MHI confirms AC split
May 28, 2016 JAPAN: Mitsubishi Heavy Industries (MHI) has confirmed an absorption-type company split agreement which will see its air conditioning and refrigeration becoming a a wholly owned subsidiar...
BSRIA World PAC Market Study
by BSRIA PAC market in this article refers to the windows/through the wall units, portables, splits (ductless, ducted, multi, and VRF), rooftops, and large packaged. The article is based on the latest...
JRAIA World AC Demand Estimates
by the Japan Refrigeration and Air Conditioning Industry Association (JRAIA) This is a summary report of estimates of world demand for air conditioners conducted by the Japan Refrigeration and Air Con...
4.4 Indonesia
Reported by Yoshiharu Osumi, HVAC&R Advisor, Indonesia In 2015, Indonesia had a gross domestic product (GDP) growth rate of 4.8%, another decrease in the context of a GDP that has been dropping since 2010 when a level of 6.4% was achieved. The impact of such a drop in the economic growth rate is gradually making itself felt in the automotive and other industries, and in 2015 many indust...
4.3 Spain
Reported by Asociacion de Fabricantes de Equiopos de Climatizacion (AFEC) The general economic indicators for 2015 showed upturns in almost all economic sectors in Spain. The Gross Domestic Pro...
