Solstice

What Solstice does

Solstice Advanced Materials is a specialty materials company that was spun off from Honeywell International Inc. on October 30, 2025 and now trades on NASDAQ under the ticker 'SOLS'. The company is headquartered in Morris Plains, New Jersey, and operates across North America, Europe, Latin America, and Asia Pacific with localized digital presence in nine country/language markets. Its roots trace through Allied Chemical and Dye Corporation (1920), AlliedSignal, and Honeywell's Energy and Sustainability Solutions segment, giving it a heritage of materials science innovation that predates the modern corporate entity.

The company's product portfolio spans four primary franchises: refrigerants and thermal management (A2L low-GWP refrigerants for HVAC/food preservation, PTM6880 next-generation phase change material for thermal interface applications, and 1234yf refrigerant products still sold under transitional Honeywell licensing); advanced fibers (Spectra Shield ballistic protection used by hundreds of military, police, and security organizations in over 40 countries); electronics and connectivity materials (semiconductor manufacturing materials and authentication technologies showcased at Intergraf Currency+Identity); and life sciences/clean-energy adjacencies (pharmaceutical packaging, and Jet Applied Brazing Flux for EV, wind turbine, solar panel, and EV charging station cooling plates).

Solstice generates revenue primarily through direct enterprise sales of specialty chemical and material products, supported by a global Channel Partner Program and a self-serve online ordering portal. Customer engagement is technical and consultative — "Talk to an engineer" is a featured pathway on the company website — and pricing is quote-based on volume, specification, and contract terms rather than publicly listed. The business is exposed to defense/government procurement (Spectra Shield), semiconductor capex cycles, pharmaceutical regulatory-driven demand, and the regulatory transition to low-GWP refrigerants, all of which shape its forward revenue mix.

Name

Solstice

Legal name

Solstice Advanced Materials US, Inc.

Website

https://solstice.com

Company type

Public

Founded year

2025

Operating status

Operating

Headcount range

101–250 employees

Short description

Solstice Advanced Materials is a NASDAQ-listed specialty materials company (ticker 'SOLS'), spun off from Honeywell in October 2025, that supplies refrigerants, ballistic fibers, semiconductor materials, pharmaceutical packaging, and brazing solutions to defense, electronics, healthcare, food, and clean-energy customers across global markets.

Ownership category

akta.pro rank

Product category

Specialty Chemicals & Advanced Materials

NAICS

All Other Chemical Product and Preparation Manufacturing (32599), All Other Miscellaneous Chemical Product and Preparation Manufacturing (325998), Resin, Synthetic Rubber, and Artificial and Synthetic Fibers and Filaments Manufacturing (3252)

SIC

Chemicals & Allied Products (2800), Miscellaneous Chemical Products (2890), Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821)

akta.pro primary industry

Electronics & Semiconductor High-Purity Gases (IMAEACAG)

akta.pro secondary industries

Aerospace Thermal Management, Insulation & Fire Protection Materials (IMABANAE), Packaging Materials & Chemicals (Underfill/Mold Compound/Die Attach/Solders) (HDAHAGAM), Fluoropolymers & High-Barrier Resins Manufacturing (PTFE, PVDF, ETFE, EVOH) (IMANAAAF)

Keywords

• Specialty chemicals
• Advanced materials
• Low GWP refrigerants
• Ballistic protection fibers
• Semiconductor materials

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Technology or R&D, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Specialty Materials Product Sales: The company generates revenue through the sale of advanced materials and specialty chemicals including refrigerants, ballistic protection fibers, semiconductor materials, pharmaceutical packaging, and brazing solutions. Products are sold directly through online ordering and via channel partners.
2. B2B/Enterprise Sales: Direct enterprise sales to customers requiring specialized materials solutions, supported by engineering and technical support teams.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Solstice Advanced Materials manufactures and sells specialty chemicals and advanced materials including next-generation low-GWP refrigerants (A2L, 1234yf), Spectra Shield ballistic protection fibers, semiconductor manufacturing materials, pharmaceutical packaging, Jet Applied Brazing Flux for thermal management manufacturing, and PTM6880 phase change materials. Products serve cooling/HVAC, defense, advanced electronics, healthcare, and clean energy/EV manufacturing customers globally.

Product overview

Solstice Advanced Materials is a specialty materials company offering a diverse portfolio of advanced materials and chemical products. The portfolio includes refrigerants (A2L refrigerants, 1234yf products) for cooling and HVAC applications, advanced fibers (Spectra Shield®) for ballistic protection, semiconductor materials for electronics connectivity, pharmaceutical packaging for healthcare, Jet Applied Brazing Flux for manufacturing, and PTM6880 phase change materials for thermal management. These products serve sectors including cooling, building solutions, advanced computing, defense/security, healthcare, and electric vehicles. The company operates as a unified specialty materials platform with products addressing thermal management, environmental compliance, security, and manufacturing efficiency.

Differentiator

Problem solved

Functional benefit

Products and services

• PTM6880 Phase Change Material Next-generation phase change material (PCM) designed to address pump-out issues with thermal interface materials (TIMs), enabling efficient heat transfer between components to prevent overheating and component failure in electronics.
• A2L Refrigerants Low global warming potential (GWP) refrigerants designed to help the industry transition to reduce environmental impact and comply with stricter regulations on greenhouse gas emissions in cooling and HVAC applications.
• Spectra Shield Ballistic Protection Lightweight ballistic protection fibers and technology used by hundreds of military, police, and security organizations in over 40 countries for body armor, vehicle armor, and security applications.
• Jet Applied Brazing Flux (JABF) Brazing flux solution that accelerates manufacturing of EV, wind turbine, solar panel, and EV charging station cooling plates while reducing waste, energy, and labor costs.
• Semiconductor Materials Advanced materials for semiconductor manufacturing that help enable connectivity and electronic device functionality for semiconductor wafer fabrication and advanced computing applications.
• Pharmaceutical Packaging Healthcare packaging solutions that ensure medication remains effective for patients during storage and transport, addressing drug stability, contamination prevention, and regulatory compliance.
• Advanced Fibers High-performance fiber technologies including ballistic protection fibers that save lives in security and defense applications.
• 1234yf Refrigerant Products Select refrigerant product lines carrying the Honeywell name under transitional trademark license, with DIY products licensed exclusively in the U.S. and Canada.

Quantifiable outcome

• Spectra Shield technology used by hundreds of military, police and security organizations in over 40 countries

Named customers5 records

Segments5 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Scale indicators3 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• 3M: Global diversified materials and specialty chemicals conglomerate with overlapping exposure to industrial adhesives, advanced materials, and safety/security products. Comparable as a multi-vertical specialty materials platform with similar scale and breadth.
• Honeywell International: Former parent company of Solstice's Advanced Materials business and continuing operator in aerospace, automation, and energy adjacencies. Comparable for benchmarking standalone economics versus the divested segment, but no longer a direct competitor in Solstice's product lines.
• PPG Industries: Specialty coatings and chemicals company serving industrial, aerospace, and packaging customers. Comparable as a large diversified specialty chemicals platform with adjacent aerospace/industrial exposure.
• Shin-Etsu Chemical: Japanese specialty chemicals leader with dominant positions in semiconductor silicon wafers and PVC/specialty polymers. Comparable as a high-quality, large-scale specialty chemicals platform with strong semiconductor materials exposure.

Direct peers

• DuPont: Specialty chemicals and advanced materials company with strong positions in electronics materials, healthcare packaging, and industrial polymers. Closely comparable in portfolio mix and customer verticals, especially semiconductor and healthcare.
• Chemours: Fluoroproducts specialist and the closest direct competitor in low-GWP refrigerants (Opteon line). Direct head-to-head overlap with Solstice's A2L and 1234yf refrigerant franchise in HVAC and automotive cooling.
• Celanese: Specialty chemicals producer with engineered materials, acetyl chain, and engineered polymers serving automotive, electronics, and industrial customers. Comparable diversified specialty chemicals business model and customer mix.
• Eastman Chemical: Specialty chemicals company serving packaging, construction, and durable goods with advanced materials and specialty additives. Comparable as a mid-cap diversified specialty materials platform with similar end-market exposure.
• Entegris: Pure-play semiconductor materials and equipment supplier with high-purity chemicals, gases, and packaging materials for advanced-node fabs. Directly comparable in the semiconductor materials segment.
• Avantor (DSM Dyneema): Supplies UHMWPE Dyneema fibers, the principal competing ballistic-protection fiber technology versus Spectra Shield. Directly comparable in defense/security advanced fibers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/85802
• Xx.com/solsticesays
• Facebookfacebook.com/solsticemobile

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Solstice