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Danfoss offices raided by anti-trust authorities

DRAMATIC raids have been carried out at Danfoss sites in Denmark, Germany and the United States as part of investigations into suspicions of a global compressor market cartel.
Danfoss has confirmed anti-trust authorities are investigating the Danish firm as part of a cartel probe into alleged collusion and price fixing in the compressor industry.

Raids have been carried out by the European Union commission on the offices of several compressor industry companies. Searches and subpoenas have gone out in several countries including Denmark, Germany, Brazil and the US.

Tecumseh Products Co. has confirmed it has received a subpoena from the US Department of Justice, as part of the global probe.

Under EU law, companies can be fined as much as 10% of annual sales for breaking antitrust rules.

The IOR Annual Conference – a conference on-demand

Delegates to the IOR Annual Conference taking place from 21 to 22 April will get the chance to access the event live and all sessions and recordings for up six months afterwards providing fantastic value and allowing anyone registering for the event ...


DMTouch – Unparalleled control and monitoring system front-end

Resource Data Management’s (RDM’s) DMTouch offers control and monitoring capabilities for the entire HVAC, refrigeration, and lighting infrastructure of a building from a single device. Over 20,000 DMTouch units are installed worldwide, providing ...


SANHUA launches Braze Plate Heat Exchangers – BPHEs

With carbon neutralization the goal, it’s the top priority of most companies to increase the use of renewable energy and technologies to save energy and reduce emissions. The most direct and effective way to save energy is to improve the efficiency of our systems. Compared with other heat exchangers of the same purpose, properly designed BPHEs can provide higher heat transfer efficiency and lower pressure drops.
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