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Honeywell spin-off expected October 30

USA: Honeywell’s planned spin-off of its Solstice Advanced Materials business is expected to be completed on October 30, according to latest news from the company.

Once the spin is complete, Solstice will become a standalone company and will transition to doing business under the Solstice name and brand.

Honeywell first announced its spin-off plans, which includes its Solstice refrigerants, into an independent, US publicly-traded company in October last year.

The new company, described as a pure-play specialty materials company, will comprise its Electronic & Speciality Materials, and Refrigerants & Applied Solutions (RAS) segments. It will be supported by more than 3,900 employees, 21 manufacturing sites, and four R&D sites.

Related stories:

Honeywell renames refrigerants business in spin-off – 25 March 2025
USA: Honeywell has renamed its refrigerants business Solstice Advanced Materials in a planned spin-off into an independent, US publicly-traded company. Read more…

Honeywell plans refrigerants spin off – 8 October 2024
USA: Honeywell plans to spin off its Advanced Materials business, which includes its Solstice refrigerants, into an independent, US publicly traded company. Read more…

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