India, March 25 -- Honeywell International, Inc. (HON) announced Tuesday key leadership roles for its Advanced Materials business, which will be named Solstice Advanced Materials after its tax-free spin to shareholders targeted to be completed by late 2025 or early 2026. The independent company will be headquartered in Morris Plains, New Jersey.
Solstice Advanced Materials will be a publicly traded, sustainability-focused, specialty chemicals and materials pure play. With nearly $4 billion in revenue last year, Solstice Advanced Materials will offer leading technologies with premier brands, including the Solstice hydrofluoroolefin technology.
Ahead of the planned spin-off, Honeywell has announced several members of the new company's leade...