on Solstice Advanced Materials US, Inc.
Solstice Advanced Materials Debuts on Nasdaq Post Honeywell Spin-Off
Solstice Advanced Materials has commenced its journey as an independent entity following its spin-off from Honeywell. The company began trading on Nasdaq under the ticker "SOLS". This move positions Solstice to unlock growth and value as a leading specialty materials firm, benefiting from strong trends in sectors like cooling, advanced computing, and healthcare.
With over 130 years in advanced materials, Solstice serves critical industries such as HVAC/R, semiconductor manufacturing, and defense. The firm employs approximately 4,000 individuals across 24 manufacturing sites globally. CEO David Sewell emphasized their readiness to harness industry shifts, particularly in cooling and AI sectors.
The spin-off granted Honeywell shareholders one Solstice share for every four Honeywell shares. Solstice embarks on this new chapter with solid partnerships and a robust patent portfolio, serving over 3,000 customers in 120 countries.
R. E.
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