Solstice Advanced Materials
From Wikipedia, the free encyclopedia
| Company type | Public |
|---|---|
| Industry | Chemicals |
| Predecessor | Honeywell's specialty materials operations |
| Founded | October 30, 2025; 4 months ago (2025-10-30) |
| Headquarters | Morris Plains, New Jersey, U.S. |
| Website | solstice |
Solstice Advanced Materials, Inc. is an American specialty materials company, based in Morris Plains, New Jersey, that was formed on October 30, 2025, as a spin-off of Honeywell's specialty materials business.[1] The company listed on the Nasdaq under the ticker symbol SOLS and initially as a component of the S&P 500 index.[2][3]
The company is divided into two business segments: Refrigerants & Applied Solutions (RAS), which includes the namesake Solstice, Genetron, and Aclar brands, used for low global warming potential refrigerants, blowing agents, solvents, and aerosol materials, and Electronic & Specialty Materials (ESM), which includes the Spectra, Fluka, and Hydranal brands, used for electronic materials, specialty fibers, and laboratory life sciences materials.[4][5]
In October 2024, Honeywell announced it will be spinning off its Advanced Materials business, which was later named Solstice Advanced Materials.[6]
On October 17, 2025, Honeywell shareholders of record received one share of Solstice common stock for every four shares of Honeywell common stock they owned.[7]
The spin-off of Solstice was completed on October 30, 2025, with the company launching on the Nasdaq and joining the Nasdaq-100 and S&P 500 indices.[8][9] David Sewell, formerly of WestRock and Sherwin-Williams, became the company's president and CEO.[10]
References
- ↑ "Honeywell completes spinoff of Solstice Advanced Materials, marking first step in company split". Charlotte Business Journal. November 3, 2025.
- ↑ "Solstice Advanced Materials Rings the Opening Bell". www.nasdaq.com. October 30, 2025.
- ↑ "Solstice Advanced Materials (SOLS) Is Up 6.5% After Nasdaq Debut and Index Inclusion - What's Changed". Yahoo! Finance. Simply wallSt. Retrieved November 14, 2025.
- ↑ "Research Update: Solstice Advanced Materials Inc. Assigned 'BB+' Issuer Credit Rating; Outlook Stable; Debt Ratings Assigned". www.spglobal.com. September 9, 2025.
- ↑ "Document". www.sec.gov.
- ↑ "About Our Spin-Offs | Honeywell International Inc". investor.honeywell.com. Retrieved November 14, 2025.
- ↑ "Honeywell board approves spinoff of Solstice Advanced Materials unit". seekingalpha.com. October 16, 2025.
- ↑ Root, Al. "Solstice Advanced Materials Starts Trading. It's a Play on AI and Nuclear Power". barrons.
- ↑ Fazelpoor, Matthew (October 30, 2025). "Solstice completes spinoff from Honeywell, debuts on Nasdaq".
- ↑ "Honeywell Names David Sewell As President And CEO Of Spun-off Advanced Materials Business", Nasdaq, March 25, 2025. Accessed November 16, 2025. "David Sewell will join as President and CEO of the Advanced Materials business, effective immediately. He brings more than 30 years of experience in the materials and chemicals industries, having most recently served as the President and CEO of WestRock Company."
External links
- Official website
- Business data for Solstice Advanced Materials, Inc.: