--- title: "Honeywell to Convert Its Refrigerant Business to a Standalone Company: Solstice Advanced Materials - ACR Latinoamérica" description: "Honeywell announced that its refrigerant business will be renamed Solstice Advanced Materials as part of a plan to become an independent company" url: "https://www.acrlatinoamerica.com/en/news/latest-news/348-enterprises/20653-honeywell-to-convert-its-refrigerant-business-to-a-standalone-company-solstice-advanced-materials.html" date: "2026-07-23T13:27:48+00:00" language: "en-GB" --- # [ Honeywell to Convert Its Refrigerant Business to a Standalone Company: Solstice Advanced Materials](https://www.acrlatinoamerica.com/en/news/latest-news/348-enterprises/20653-honeywell-to-convert-its-refrigerant-business-to-a-standalone-company-solstice-advanced-materials.html "Honeywell to Convert Its Refrigerant Business to a Standalone Company: Solstice Advanced Materials") Details 27 March 2025 ![](https://www.acrlatinoamerica.com/images/stories/ACR/2025/Honeywell.jpg) *United States.* [Honeywell ](https://www.honeywell.com/us/en)announced that its refrigerant business will be renamed **Solstice Advanced Materials** as part of its plan to become an independent, publicly traded company in the U.S. The spin-off is expected to be completed between the end of 2025 and the beginning of 2026. The new company will be headquartered in Morris Plains, New Jersey, and will have a presence in cities such as Charlotte, Houston, Dublin, Shanghai, Tokyo, Bangalore, Bucharest and Mexico City. In addition, it will maintain its global manufacturing and research and development infrastructure. **Solstice Advanced Materials**' leadership will be headed by Dr. Rajeev Gautam, who will assume the role of chairman of the board in a non-executive position. David Sewell will serve as president and CEO, while Tina Pierce will take over as chief financial officer (CFO) effective May 1, 2025. - Publicidad - Sewell, with more than 30 years of experience in the materials and chemicals industry, has worked at companies such as WestRock Company, Sherwin-Williams, and General Electric. Pierce has held key roles at Honeywell for 25 years, leading finance across business units. The company highlighted in a statement that its independence will allow for a more flexible and optimized investment strategy, leveraging its strong manufacturing base in the U.S. In addition, Jeff Dormo and Simon Mawson will assume the leadership of the company's two business segments, as senior vice presidents and general managers. With this restructuring, Honeywell seeks to consolidate its position in the market for advanced materials and refrigerants, strengthening its capacity for innovation and global expansion. ![Laura Restrepo](https://www.acrlatinoamerica.com/images/stories/ACR/2025/FOTO%20PORTAL.jpg#joomlaImage://local-images/stories/ACR/2025/FOTO%20PORTAL.jpg?width=350&height=350) Laura RestrepoEmail: lrestrepo@latinpressinc.com - [RefriAméricas 2026 will bring together international experts to drive the transformation of the HVAC/R sector](https://www.acrlatinoamerica.com/en/news/latest-news/348-enterprises/21193-refriamericas-2026-will-bring-together-international-experts-to-drive-the-transformation-of-the-hvac-r-sector.html "RefriAméricas 2026 will bring together international experts to drive the transformation of the HVAC/R sector") - [Indoor air quality gains prominence as a challenge for health and building management](https://www.acrlatinoamerica.com/en/news/latest-news/348-enterprises/21192-indoor-air-quality-gains-prominence-as-a-challenge-for-health-and-building-management.html "Indoor air quality gains prominence as a challenge for health and building management") - [CLIVET strengthens its presence in Panama with the help of ENPRO360 and TECNA](https://www.acrlatinoamerica.com/en/news/latest-news/348-enterprises/21191-clivet-strengthens-its-presence-in-panama-with-the-help-of-enpro360-and-tecna.html "CLIVET strengthens its presence in Panama with the help of ENPRO360 and TECNA") - [Trane Mexico Celebrates 35 Years Driving the Evolution of HVAC to Smart Infrastructure](https://www.acrlatinoamerica.com/en/news/latest-news/348-enterprises/21190-trane-mexico-celebrates-35-years-driving-the-evolution-of-hvac-to-smart-infrastructure.html "Trane Mexico Celebrates 35 Years Driving the Evolution of HVAC to Smart Infrastructure") - [Retrofit solutions drive modernization of existing HVAC systems](https://www.acrlatinoamerica.com/en/news/latest-news/348-enterprises/21189-retrofit-solutions-drive-modernization-of-existing-hvac-systems.html "Retrofit solutions drive modernization of existing HVAC systems") ### No comments • If you're already registered, please log in first. Your email will not be published. ### Leave your comment In reply to Some User Name \* Email address \* Comment Text \* \* ## Schema ```json { "@context": "https://schema.org", "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Inicio", "item": "https://www.acrlatinoamerica.com/en" }, { "@type": "ListItem", "position": 2, "name": "Latest News", "item": "https://www.acrlatinoamerica.com/en/news/latest-news.html" }, { "@type": "ListItem", "position": 3, "name": "Enterprises", "item": "https://www.acrlatinoamerica.com/en/news/latest-news/348-enterprises.html" }, { "@type": "ListItem", "position": 4, "name": "Honeywell to Convert Its Refrigerant Business to a Standalone Company: Solstice Advanced Materials", "item": "https://www.acrlatinoamerica.com/en/news/latest-news/348-enterprises/20653-honeywell-to-convert-its-refrigerant-business-to-a-standalone-company-solstice-advanced-materials.html" } ] } ``` ```json { "@context": "https://schema.org", "@type": "VideoObject", "name": "Honeywell to Convert Its Refrigerant Business to a Standalone Company: Solstice Advanced Materials", "description": "United States. Honeywell announced that its refrigerant business will be renamed Solstice Advanced Materials as part of its plan to become an independent, publicly traded company in the U.S.", "thumbnailUrl": "https://www.acrlatinoamerica.com/", "uploadDate": "2025-03-27T07:10:08-05:00", "contentUrl": "https://www.acrlatinoamerica.com/en/news/latest-news/348-enterprises/20653-honeywell-to-convert-its-refrigerant-business-to-a-standalone-company-solstice-advanced-materials.html" } ``` ```json { "@context": "https://schema.org", "@type": "NewsArticle", "mainEntityOfPage": { "@type": "WebPage", "@id": "https://www.acrlatinoamerica.com/en/news/latest-news/348-enterprises/20653-honeywell-to-convert-its-refrigerant-business-to-a-standalone-company-solstice-advanced-materials.html" }, "headline": "Honeywell to Convert Its Refrigerant Business to a Standalone Company: Solstice Advanced Materials - ACR Latinoamérica", "description": "Honeywell announced that its refrigerant business will be renamed Solstice Advanced Materials as part of a plan to become an independent company", "image": { "@type": "ImageObject", "url": "https://www.acrlatinoamerica.com/images/stories/ACR/2025/Honeywell.jpg" }, "publisher": { "@type": "Organization", "name": "ACR Latinoamérica", "logo": { "@type": "ImageObject", "url": "https://www.acrlatinoamerica.com/images/metatags/16x9/acr.png" } }, "author": { "@type": "Person", "name": "Laura Restrepo", "url": "https://www.acrlatinoamerica.com/en/news/latest-news/348-enterprises/20653-honeywell-to-convert-its-refrigerant-business-to-a-standalone-company-solstice-advanced-materials.html" }, "datePublished": "2025-03-27T07:10:08-05:00", "dateCreated": "2025-03-25T13:18:59-05:00", "dateModified": "2025-03-27T07:10:08-05:00" } ``` ```json { "@context": "https://schema.org", "@type": "Article", "mainEntityOfPage": { "@type": "WebPage", "@id": "https://www.acrlatinoamerica.com/en/news/latest-news/348-enterprises/20653-honeywell-to-convert-its-refrigerant-business-to-a-standalone-company-solstice-advanced-materials.html" }, "headline": "Latest News", "description": "Honeywell announced that its refrigerant business will be renamed Solstice Advanced Materials as part of a plan to become an independent company", "image": { "@type": "ImageObject", "url": "https://www.acrlatinoamerica.com/images/metatags/16x9/acr.png" }, "publisher": { "@type": "Organization", "name": "Latin Press, Inc.", "logo": { "@type": "ImageObject", "url": "https://www.acrlatinoamerica.com/images/metatags/16x9/lpi-eventos-online.png" } }, "author": { "@type": "Person", "name": "ACR Latinoamérica", "url": "https://www.acrlatinoamerica.com/en/news/latest-news/348-enterprises/20653-honeywell-to-convert-its-refrigerant-business-to-a-standalone-company-solstice-advanced-materials.html" }, "datePublished": "2023-04-07T07:00:01-05:00" } ```