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Latest News from BRG and the Global Building Products Industry
Stay informed regarding BRG's latest publications and industry news covering the markets for HVAC equipment, components & controls, bathroom & kitchen products, plumbing, pipes, valves & fittings and thermal insulation.


Tokyo Core Inflation Falls Below 2%, Posing Challenge for Japan's Rate Policy
Japan: Tokyo’s core inflation rate in October fell below the Bank of Japan’s 2% target for the first time in five months, according to...
brg_news_room
Oct 24, 20241 min read


REHVA and CAHVAC Sign New MoU to Enhance EU-China Collaboration in HVAC Sector
China: In Huzhou, the REHVA delegation signed a new Memorandum of Understanding (MoU) with the China Association of HVAC (CAHVAC) to...
brg_news_room
Oct 23, 20241 min read


Electricity Costs Drive Growth of Heat Pump Markets in Europe
UK: Cost-effective electricity is crucial for driving strong heat pump adoption in Europe, according to data from the European Heat Pump...
brg_news_room
Oct 22, 20241 min read


Hisense Partners with EPACK Durable to Establish AC Manufacturing Unit in India
India: Chinese consumer electronics giant Hisense has partnered with EPACK Durable to establish a manufacturing facility in India,...
brg_news_room
Oct 22, 20241 min read


China Lowers Benchmark Lending Rates Amid Economic Stimulus Efforts
China: On October 21, China reduced its benchmark lending rates as expected, continuing a series of aggressive stimulus measures aimed at...
brg_news_room
Oct 20, 20241 min read


Jaquar Launches Water Heaters in the United Arab Emirates with building material distributor Al Jassor
UAE: India based bathroom solutions provider, Jaquar, is excited to announce the introduction of its new line of water heaters both...
brg_news_room
Oct 20, 20241 min read


Duravit China Boosts Investment in SACMI Automation
China: Duravit's Chongqing plant is undergoing significant expansion as part of an investment plan to double its output to 2 million...
brg_news_room
Oct 20, 20241 min read


LG Launches Appliance Subscription Service in Thailand, Targets Premium Market
Thailand: LG Electronics, the South Korean electronics giant, has announced plans to extend its appliance subscription service to...
brg_news_room
Oct 20, 20241 min read


China Increases Loan Quota for Unfinished Residential Projects to USD 562 Billion
China: China has announced an increase in the loan quota for unfinished residential projects to 4 trillion yuan (approximately 562...
brg_news_room
Oct 20, 20241 min read


India Tightens Quality Standards for Solar Water Heaters
India: The Union Ministry of New and Renewable Energy (MNRE) has issued a new directive aimed at improving the quality of solar water...
brg_news_room
Oct 18, 20241 min read


Saudi Ceramic and EYAP Halt Joint Venture Plans Amid Market Uncertainty
Saudi Arabia: Saudi Ceramic has announced that EYAP has decided not to proceed with a planned joint venture to establish a manufacturing...
brg_news_room
Oct 18, 20241 min read


Minister-MyOne Partners with CHIGO for Air Conditioner Distribution in Bangladesh
Bangladesh: Minister-MyOne Group, a leading Bangladeshi electronics and home appliance company, has signed a Memorandum of Understanding...
brg_news_room
Oct 18, 20241 min read


Indonesia to Impose Anti-Dumping Duties on Chinese Ceramic Tiles
Indonesia: Indonesia will implement anti-dumping duties on ceramic tile imports from China starting October 24, as stated in a recent...
brg_news_room
Oct 16, 20241 min read


Modern Ceramics to Invest Over US$28.7 Million in Punjab, Pakistan
PAKISTAN: In a major advancement for Pakistan's industrial sector, Modern Ceramics Sanitary Ware (Pvt) Limited, a prominent Chinese...
brg_news_room
Oct 15, 20241 min read


PLI Scheme for ACs and LEDs Lights Attracts 38 New Companies in India
INDIA: In the third phase of the Production-Linked Incentive (PLI) scheme for air conditioners and LED lights, 38 companies have joined,...
brg_news_room
Oct 15, 20241 min read


Regency Ceramics Acquires Segno Ceramics to Expand Production Capacity
India: Regency Ceramics has announced the takeover of Segno Ceramics Pvt Ltd, located in Bapatla, Andhra Pradesh. This all-cash deal will...
brg_news_room
Oct 8, 20241 min read


Hippo Homes Opens its 5th Store in India
India: Hippo Homes, a leading omni-channel provider of home building, renovation, and interior solutions has inaugurated its fifth retail...
brg_news_room
Oct 8, 20241 min read


Panasonic Aims to Maintain 10-15% Growth in India
India: Panasonic is targeting a growth rate of 10-15% in India for 2024, driven by rising demand across various product categories for...
brg_news_room
Oct 8, 20241 min read


BIS Certification Now Mandatory for Fans, ACs, and Plywood in India
India: The Bureau of Indian Standards (BIS) has introduced mandatory certification for air conditioners (ACs) in India, requiring them to...
brg_news_room
Oct 6, 20241 min read


Affordable Housing Supply Shrinks to 13% in India's Top Six Cities
India: The supply of affordable housing, defined as units priced under Rs 40 lakh (47,000 USD approximately), in India's top six...
brg_news_room
Oct 6, 20241 min read
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