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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
Solahart Enters Malaysian Storage Water Heater Market
KTS has announced the launching of Solahart's new storage water heater systems, the SC-30 and SL-30. In a statement, KTS Group of...
brg_news_room
Apr 25, 20241 min read
IMF: The Rate of Global Recovery Varies by Location and is Often Slow
Global: The world economy is expected to grow at the same rate of 3.2% in 2024 and 2025 as it did in 2023, according to the baseline...
brg_news_room
Apr 24, 20241 min read
Bangladesh Increases AC Manufacturing Due to Rise in Heat Levels
Bangladesh: Consumers are increasingly looking for relief from the rising temperatures that are a result of the effects of climate...
brg_news_room
Apr 19, 20241 min read
Acba Leasing Partners with Giacomo Company to Help Establish Production of Solar Water Heaters in Armenia
ARMENIA: According to Acba Bank's press department, the Giacomo Company has developed a unique solar water heater production facility in...
brg_news_room
Apr 18, 20241 min read
LG AC Sales Cross 1 Million in 100 days, to Cross 2 Million Mark in CY24
INDIA: In anticipation of the India Meteorological Department's (IMD) forecast of extreme heat in the coming days, air conditioner (AC)...
brg_news_room
Apr 16, 20241 min read
Chinese economy to moderate in 2024: ADB
CHINA: In the midst of a recovery in household consumption, ongoing property market adjustment, and sluggish external demand, the Chinese...
brg_news_room
Apr 16, 20241 min read
Iraq to Build 52 Residential Cities
\IRAQ: According to officials, the Iraqi government has authorised the development of fifty-two new residential communities throughout...
brg_news_room
Apr 16, 20241 min read
Commercial AC Sector Has Huge Development Potential, Says CEAMA President
India: According to Sunil Vachani, president of the trade association for electronics and appliances, CEAMA, the commercial air...
brg_news_room
Apr 15, 20241 min read
LG India Expects 2 million AC Sales This Summer
India: In the first 100 days of the year, LG Electronics India reported order-based sales of one million air conditioners to retail...
brg_news_room
Apr 15, 20241 min read
AC manufacturers Wish to Capitalize on India's Hot Summer Forecasts
India: The India Meteorological Department's (IMD) predictions of a longer-than-average heatwave this summer have given producers of air...
brg_news_room
Apr 12, 20241 min read
ROCA, Sanitary Ware Maker Aims to Expand in Kazakhstan
Kazakhstan: To increase its exports to the area, Roca, a Spanish manufacturer of sanitary products, plans to establish a logistical hub...
brg_news_room
Apr 12, 20241 min read
Blue Star Expects Strong Growth in Residential AC sales for June Quarter
India: Blue Star is attentively growing its manufacturing capacity to satisfy rising domestic demand and serve the export market. The...
brg_news_room
Apr 10, 20241 min read
Häfele Establishes New Subsidiary in Cambodia
Cambodia: Hafele, a kitchen furniture manufacturer is establishing new subsidiary in Cambodia. "Entry into this market is a part of our...
brg_news_room
Apr 10, 20241 min read


Chinese Aircon Companies Concentrate on Brand Development and Low-Tariff Manufacturing Plants in Southeast Asia to Increase Export Volumes
Chinese air conditioner companies are facing a double threat: sluggish domestic growth and rising tariffs on exports, particularly to the...
brg_news_room
Apr 9, 20241 min read
Samsung Electronics Co. Enters Competition to Acquire Johnson Controls International's HVAC Assets
Tech leader Samsung is vying for Johnson Controls' residential and light commercial HVAC business, valued at over $6 billion. This...
brg_news_room
Apr 9, 20241 min read
Fair Electronics teams up with Hisense to Manufacture ACs and TVs in Bangladesh
Bangladeshi electronics leader, Fair Group, is teaming up with global electronics giant Hisense in a move that promises to benefit both...
brg_news_room
Apr 9, 20241 min read
China's Decreasing Exports to EU and US Indicate Western Economic Decline
China's foreign trade in goods increased by 8.7% in the first two months of the year, with exports growing by 10.3% and imports by 6.7%...
brg_news_room
Apr 9, 20241 min read
Sorento Capital seeks ACE Market Listing for Sanitaryware
Sorento Capital Bhd, a distributor of bathroom and kitchen sanitary ware products, is seeking an initial public offering (IPO) on Bursa...
brg_news_room
Apr 8, 20241 min read
Voltas Posts Highest-ever Air Conditioner Sale of Two Million Units in FY24
The air conditioning brand Voltas said that it sold more than 2 million units in FY24, making it the most units sold by any brand in an...
brg_news_room
Apr 8, 20242 min read
Energy Price Spikes make Sustainable Energy appealing to Bangladesh
As a result of the disruptions that were brought about by a significant difference between the total costs of power generation and the...
brg_news_room
Apr 4, 20241 min read
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