Market is being driven by the growth of the supermarket, hypermarket, and organized food retail chains
August 17, 2015
The global commercial refrigeration equipment market was valued at $29.6 billion in 2014 and it is expected to reach $40.9 billion by 2020, according to a report from P&S Market Research. The firm forecasts the market to grow at a compound annual growth rate (CAGR) of 5.7 percent, in terms of value, from 2015 to 2020.
He will lead Foodservice through a planned separation from Manitowoc in first quarter of 2016
August 12, 2015
The Manitowoc Co. Inc. has announced the appointment of Hubertus M. Muehlhaeuser as chief executive officer of Manitowoc Foodservice Inc. Manitowoc is a leading manufacturer of commercial foodservice equipment, including refrigeration equipment.
Finds reasonable indication that U.S. industry is being harmed
August 10, 2015
The U.S. International Trade Commission (USITC) has determined that there is a reasonable indication that the U.S. refrigerants industry is being materially injured by reason of imports of HFC blends and components from China that are allegedly sold in the United States at less than fair value.
RDL program aims to ensure sound, safe management of refrigerants
August 10, 2015
The agreement will support the accelerated global transition to new refrigerants brought on by the Montreal Protocol’s ozone layer protection targets by addressing challenges in soundly and safely managing refrigerants.
Use of next generation refrigerant reduces GWP by around half compared to current refrigerants
August 4, 2015
Thermo King, a manufacturer of transport refrigeration systems and a brand of Ingersoll Rand, announced that it will begin to offer North American customers new options for trailer and self-powered truck products using lower global warming potential (GWP) refrigerants.
Several companies have invested millions of dollars into research and development of low-GWP (global-warming potential) refrigerants, resulting in a number of options for contractors seeking alternatives to the refrigerants that have been delisted under the EPA’s recent rule.
Those involved at the sharp end of refrigerants and testing have underlined warnings that F-Gas quotas and the forthcoming bans are on course to create serious supply issues for end users and equipment manufacturers alike — if they don’t plan ahead.