Market News

  • IOR focuses on“NextGenCooling”

    IOR focuses on“NextGenCooling”

    World Refrigeration Day has announced the theme of “Next Generation Cooling: The Future is in our hands” for this year's celebrations on 26th June. World Refrigeration Day celebrates the people and technologies responsible for creating and main...
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  • Mainstream AC Brands Expected to Raise Prices

    Mainstream AC Brands Expected to Raise Prices

    The expectation of global inflation is rising, impeding development of the heating, ventilation, and air conditioning (HVAC) industry. First of all, the sharply increased copper price is not friendly to air condition...
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  • U.S. Poised to Embrace Heat Pump Heating on a Large Scale

    U.S. Poised to Embrace Heat Pump Heating on a Large Scale

    The United States has mainly used gas-and oil-fired equipment for space heating and hot water supply for many years, but it is now making a decisive shift to electric heat pump heating and hot water supply, to counteract soaring en...
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  • Comprehensive PFAS ban would have devastating effect

    Comprehensive PFAS ban would have devastating effect

    The EU's planned ban on the entire PFAS group of substances would endanger many industrial processes - especially the technologies of the energy transition. Many entrepreneurs from the mechanical and plant engineerin...
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  • A Deep Dive into ‘Fit for 55’

    A Deep Dive into ‘Fit for 55’

    Launched in 2021 by the European Commission as part of the European Green Deal, the ‘Fit for 55’ package aims to cut greenhouse-gas emissions by at least 55% by 2030 in comparison with 1990 levels. The ultimate goal is to reach car...
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  • Opening of the 14th IEA Heat Pump Conference in Chicago

    Opening of the 14th IEA Heat Pump Conference in Chicago

    On May 16 the 14th IEA Heat Pump Conference was opened! 400 participants from 25 different countries joined the conference. Thomas Fleckl – the Chair of the International Organizing Committee, Brian Fricke – the Chai...
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  • To the Celebration of Holtop’s 21st Anniversary!

    To the Celebration of Holtop’s 21st Anniversary!

    2002 - 2023 Through 21 years of hard work, Holtop From a company with dozen of people to a company with more than 600 employees From a factory covering less than 2,000 square meters To a company becoming Asia's large...
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  • Canada Launches New Offset Credit System Protocol

    Canada Launches New Offset Credit System Protocol

    Canada’s Minister of Environment and Climate Change has announced a new protocol called the Reducing Greenhouse Gas Emissions from Refrigeration Systems that is able to generate offset credits under Canada’s Federal Greenhouse Gas ...
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  • EPA Announces Enforcement Actions to Control HFC Imports

    EPA Announces Enforcement Actions to Control HFC Imports

    On March 2, the U.S. Environmental Protection Agency (EPA) announced civil penalties applied to imports of hydrofluorocarbons (HFCs) as part of the HFC phasedown being implemented under the American Innovation and Manufacturing (AIM) Act. Impor...
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  • ASHRAE Completes Draft of First-Ever Pathogen Mitigation Standard

    ASHRAE Completes Draft of First-Ever Pathogen Mitigation Standard

    ATLANTA (May 15, 2023) – ASHRAE announced the completion of the first draft of its standard for maintaining healthy indoor air quality (IAQ), with final approval expected in June and publishing anticipated in July. ASHRAE Standard ...
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  • Engineering towards Net Zero — Report on ACREX India 2023

    Engineering towards Net Zero — Report on ACREX India 2023

    The Indian heating, ventilation, air conditioning, and refrigeration (HVAC&R) industry is currently doing much better than most countries in the world. It is expected to reach a market scale of US$ 30 billion by 2030. While meeting the grow...
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  • Europe Accelerates HFC Phase-out and Adds More Bans

    Europe Accelerates HFC Phase-out and Adds More Bans

    The European Parliament has decided to accelerate the phase-down of fluorinated greenhouse gases (F-gases) and to achieve total phaseout by 2050. This position amounts to a ban on equipment containing F-gases, in some cases as early as 2026. On...
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