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Barclays Remains a Buy on Honeywell International (HON)
Honeywell announces the leadership team of the high-performance materials business and the name of the newly separated company.
Charlotte, North Carolina, USA, March 26, 2025 /PR Newswire/ -- Honeywell (Nasdaq: HON) announced yesterday its main leadership team for the high-performance materials Business, and established the name of the spun-off new company as Solstice Advanced Materials. The Business is expected to complete the spin-off in a tax-free manner for Shareholders by the end of 2025 or early 2026. The headquarters of the new company will be located in Morris Plains, New Jersey, USA. Solstice Advanced Materials will focus on sustainability.
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