Trane Technologies halted all shipments into Russia

Thu Mar 24 15:16:15 CST 2022 Source: www.refindustry.com Collect Reading Volume: 2096
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In late February, Trane Technologies halted all shipments into Russia and Belarus, and new orders from the same.
These actions are in alignment with economic sanctions established through the United States Departments of Commerce and Treasury that restrict export activity and access to capital and financial markets, and similar measures issued by the European Union and other government entities throughout the world. 

The company have been focusing on team members and their families in the region and providing humanitarian assistance to communities in Ukraine. This includes a $100k Trane Technologies Foundation donation to The International Committee of the Red Cross, in addition to additional monetary contributions to People in Need, which is providing humanitarian relief in Ukraine.

Editor: Amanda