Market being driven by factors such as increased electricity costs, growing awareness of energy-efficient products
August 22, 2016
The scroll and absorption chillers market is forecast to grow from $5.61 billion in 2015 to $7.13 billion by 2022, increasing at a compound annual growth rate (CAGR) of 4.1 percent between 2016 and 2022, according to a new report published by MarketsandMarkets.
Baltimore Aircoil Co. has announced a price increase of 3 percent on open cooling towers, 4 percent on all coil products, and up to 4 percent on parts manufactured in North America, effective immediately.
Will offer an independent alternative solution to the large tonnage market
July 29, 2016
US Chiller Services, provider of repair, maintenance, retrofit, and servicing of large tonnage chillers, has entered into a joint venture with New York-based HVAC specialist, The BP Group, to offer a full range of HVAC services for large tonnage chillers and equipment to an expanded client portfolio in the New York tri-state area.
SPIG will retain its management team and operate as Babcock & Wilcox SPIG
July 26, 2016
Babcock & Wilcox Enterprises Inc. (B&W) announced it has completed its acquisition of SPIG S.p.A., a global provider of custom-engineered cooling systems and services. The acquisition is based on an enterprise value of €155 million, subject to certain adjustments.
Shuangliang provides cooling and heating solutions through recovery of waste heat
July 25, 2016
Enrgistx Inc. announced that it has signed an exclusive agreement to distribute the full product line of Shuangliang Eco-Energy Systems Co. Ltd. in the United States. These products include absorption chillers, heat pumps, air-cooled condensers, and desalination systems.
This induced-draft counterflow cooler features an evaporative fluid cooler flexible enough to meet a range of cooling needs. Process fluid is cooled by recirculating water that flows over the outside of heat transfer coils as air induced through the cooler evaporates a small portion of the recirculating water.
Honored for Thermo King truck and trailer refrigeration units, two Trane chillers
July 1, 2016
Ingersoll Rand announced that it received three Product and Project of the Year awards from Environmental Leader at the fifth annual Environmental Leader Conference in Denver. The honored products are part of Ingersoll Rand’s EcoWise™ portfolio.
Refrigerant provides low-GWP solution for new and retrofit chiller applications
June 21, 2016
The Chemours Co. announced that its Opteon™ XP30 refrigerant has received Significant New Alternatives Policy (SNAP) listing from the U.S. Environmental Protection Agency (EPA) for new and retrofit chiller applications.
Being driven by the surging need for energy, high investment in the chemical and petrochemical industries
June 15, 2016
The global chillers market is forecast to grow from $8.63 billion in 2015 to $10.84 billion by 2021, increasing at a compound annual growth rate (CAGR) of 4.24 percent, according to a new report from MarketsandMarkets.