Solstice Advanced Materials

Solstice Advanced Materials, Inc.
TypePublic
IndustryChemicals
PredecessorHoneywell's specialty materials operations
FoundedOctober 30, 2025; 11 months ago (2025-10-30)
HeadquartersMorris Plains, New Jersey, U.S.
RevenueIncrease US$3.89 billion (2025)
Decrease US$237 million (2025)
Websitesolstice.com

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. The company listed on the Nasdaq under the ticker symbol SOLS and initially as a component of the S&P 500 index.

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.

History

In October 2024, Honeywell announced it will be spinning off its Advanced Materials business, which was later named Solstice Advanced Materials.

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.

The spin-off of Solstice was completed on October 30, 2025, with the company launching on the Nasdaq and joining the Nasdaq-100 (temporarily) and S&P 500 indices. David Sewell, formerly of WestRock and Sherwin-Williams, became the company's president and CEO.

On July 6, 2026, Solstice Advanced Materials announced a definitive agreement to acquire Element Solutions in a cash-and-stock transaction valued at approximately $14.5 billion, including debt. The deal, expected to close in the first half of 2027, aims to bolster capabilities in electronics and AI hardware infrastructure.

References

  1. 1 2 "Solstice Advanced Materials Inc. Form 10-K for the fiscal year ended December 31, 2025". U.S. Securities and Exchange Commission. February 19, 2026. Retrieved September 6, 2026.
  2. ↑ "Honeywell completes spinoff of Solstice Advanced Materials, marking first step in company split". Charlotte Business Journal. November 3, 2025.
  3. ↑ "Solstice Advanced Materials Rings the Opening Bell". www.nasdaq.com. October 30, 2025.
  4. ↑ "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.
  5. ↑ "Research Update: Solstice Advanced Materials Inc. Assigned 'BB+' Issuer Credit Rating; Outlook Stable; Debt Ratings Assigned". www.spglobal.com. September 9, 2025.
  6. ↑ "Document". www.sec.gov.
  7. ↑ "About Our Spin-Offs | Honeywell International Inc". investor.honeywell.com. Retrieved November 14, 2025.
  8. ↑ "Honeywell board approves spinoff of Solstice Advanced Materials unit". seekingalpha.com. October 16, 2025.
  9. ↑ Root, Al. "Solstice Advanced Materials Starts Trading. It's a Play on AI and Nuclear Power". barrons.
  10. ↑ Fazelpoor, Matthew (October 30, 2025). "Solstice completes spinoff from Honeywell, debuts on Nasdaq".
  11. ↑ "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."
  12. ↑ Kellaher, Colin (July 6, 2026). "Solstice Advanced Materials to Buy Element Solutions for More Than $12 Billion". Wall Street Journal. Retrieved October 22, 2026.