Market Chatter: LG Electronics Expands Presence in HVAC Market

MT Newswires Live

Mar 25, 2025

LG Electronics (KRX:066570) is increasing its presence in the heating, ventilation, and air conditioning (HVAC) market by expanding cold chain products across industries, Pulse News reported Monday, citing industry sources.

The company recently supplied a refrigeration system to CJ Freshway's (KOSDAQ:051500) cafeteria at LG Sciencepark, which commenced operations in February. The company previously installed a cold chain system at Dongwon Loex's logistics center last year along with introducing the Hot Gas Smart Defrost Unit Cooler, the report said.

Shares of LG Electronics rose nearly 1% in recent trade on Tuesday while those of CJ Freshway fell nearly 5%.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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The company previously installed a cold chain system at Dongwon Loex's logistics center last year along with introducing the Hot Gas Smart Defrost Unit Cooler, the report said.</p><p>Shares of LG Electronics rose nearly 1% in recent trade on Tuesday while those of CJ Freshway fell nearly 5%.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HVAC","symbol_name":"Advisorshares Hvac And Industrials ETF","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2522388053","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2522388053","pubTimestamp":1742870573,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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