Industry News

Emerson has announced an agreement to sell Network Power to Platinum Equity and a group of co-investors. The transaction is valued at $4 billion and Emerson will retain a subordinated interest in Network Power. David N. Farr, chairman an ...

Danfoss and Sondex have announced an agreement for Danfoss to acquire full ownership of privately held Sondex Holding A/S, a global leader in heat transfer technologies.
Sondex develops, produces and markets heat exchangers,and represe ...

Scott Moorhouse, vice president of Danfoss Asia Pacific, and Xu Fangqiang, vice president of Haier Household Electrical Appliances Industry Group, have signed a strategic
partnership agreement covering China. Haier has becomethe first ...

Chinese air conditioning major Midea has signed an agreement to acquire 80% equity holding in Clivet, a leading chiller manufacturer based out of Italy, at US$ 145 million.
The deal will be closed by the end of the current year. This f ...

Harvinder Bhatia has taken over as Managing Director of Sales and Marketing at BITZER India, located at Navi Mumbai. He replaces Robert de Bruyn, who has been MD of both BITZER Refrigeration Asia Pte. Ltd. and BITZER India Pte. Ltd. Rob Bruyn ...

Introduction
Indian Green Building Council (IGBC), part of CII, ushered the green building movement in India in 2001 with the mission to build a greener and healthier nation. Initially, the
focus was on ind ...

Contamination Control Society of India, offi cially accredited by International Confederation of Contamination Control Societies, Netherlands (ICCCS), has announced an Associate Level Certification Course on Cleanroom Technology Theory and&nb ...

Haier has announced that it will invest Rs.490 crore in its plant at Ranjangaon near Pune to expand its production capacity four-fold by September 2017. A ground breaking
ceremony was held for the project that involves the building of ...

A new initiative was launched during ACREX 2016 in Mumbai on February 26, 2016. ACREX Hall of Fame is an industry benchmark instituted by ISHRAE in partnership
with Danfoss India to recognize the excellence achieved in  conserving ...

India has extended an anti-dumping duty of US$ 1.22/kg on R134a refrigerant from China for a period of five years till July 2021. India had first imposed the anti-dumping duty
in July 2011. An investigation by the Directorate General of Ant ...

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