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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.
Dec 19, 2025


TOTO India Achieves Twofold Growth in WASHLET Sales in Just Three Years
India: TOTO, a global leader in sanitaryware, has achieved a major milestone with its WASHLET electronic bidet, surpassing 60 million...
brg_news_room
Nov 5, 20241 min read


Vietnam Sets Ambitious Economic Growth Targets for 2025 Amid Recovery Efforts
Vietnam: Vietnamese Prime Minister Pham Minh Chinh projects economic growth of 6.5% to 7% for 2025, with an aim to exceed 7% as the...
brg_news_room
Nov 5, 20241 min read


Thailand Finance Minister Sets Sights on Surpassing 3% Economic Growth Forecast for 2025
Thailand: Thailand's economic growth is expected to reach 3% in 2025, driven by increases in spending, exports, investment, and tourism,...
brg_news_room
Nov 5, 20241 min read


Haier Group to Form JV with JSW Group, Invest $119 Million
India: Haier Group, a leading Chinese home appliances manufacturer, plans to establish a joint venture with India’s JSW Group, with an...
brg_news_room
Nov 5, 20241 min read
Copeland Appoints New President for Asia-Pacific Business Group
APAC: Copeland, a global leader in sustainable climate solutions, has announced the appointment of Michael Toh as president of its...
brg_news_room
Nov 5, 20241 min read


Australia's Central Bank Sees Persistent Inflation and Strong Job Growth
Australia: Australia’s central bank anticipates a gradual decline in underlying inflation, revising its employment growth outlook upwards...
brg_news_room
Nov 5, 20241 min read


LIXIL Reports Revenue and Profit Growth Amid Structural Reforms
Japan: LIXIL Corporation announced revenue and profit growth for the six-month period ending 30 September 2024, supported by new product...
brg_news_room
Oct 31, 20241 min read


LG Electronics India Sees Strong Revenue and Profit Growth in FY24
India: LG Electronics India reported a 7% increase in revenue, reaching Rs 21,557 crore (2.59 billion USD) for FY24, according to recent...
brg_news_room
Oct 30, 20241 min read


Government Increases Import Duty on ACs to Address Widening Current Account Deficit and Weakening Rupee
India: The government raised import duties on 19 non-essential items, including air conditioners, refrigerators, jewellery, diamonds, and...
brg_news_room
Oct 27, 20241 min read
KRN HVAC Signs $119 Million MoU for Heat Exchanger Plant in Rajasthan, India
India: KRN HVAC Products, a subsidiary of KRN Heat Exchanger, has signed a Memorandum of Understanding (MoU) with the Government of...
brg_news_room
Oct 27, 20241 min read
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
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