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Solstice Advanced Materials Announces First Shareowner Dividend
Prnewswire· 2026-02-11 11:00
Core Viewpoint - Solstice Advanced Materials has declared its first quarterly dividend of $0.075 per share, reflecting strong early performance as an independent company and a commitment to returning capital to shareholders [1] Company Overview - Solstice Advanced Materials is a global leader in high-performance specialty materials, focusing on advancing science for smarter outcomes [1] - The company offers solutions for critical industries, including refrigerants, semiconductor manufacturing, data center cooling, nuclear power, protective fibers, and healthcare packaging [1] - Solstice is recognized for developing next-generation materials through renowned brands such as Solstice®, Genetron®, Aclar®, Spectra®, Fluka™, and Hydranal™ [1] - The company partners with over 3,000 customers across more than 120 countries and territories, supported by a robust portfolio of over 5,700 patents and pending applications [1] - Solstice employs approximately 4,000 people worldwide, driving innovation in materials science [1] Dividend Announcement - The quarterly dividend of $0.075 per share will be payable on March 10, 2026, to shareholders of record on February 24, 2026 [1] - The announcement signifies the company's strong early performance and commitment to shareholder returns [1]
塞拉尼斯、世索科、霍尼韦尔,再剥离拆分!
DT新材料· 2025-10-31 16:04
Group 1: Celanese - Celanese announced the sale of its Micromax® product line to Element Solutions Inc for approximately $500 million, expected to close in Q1 2026, pending regulatory approvals [2] - The Micromax® business focuses on advanced electronic inks and pastes for high-performance electronic products, with projected revenues exceeding $300 million by 2025 [2] - Celanese plans to cease operations at its acetic acid facility in Lanaken by the second half of 2026 due to declining demand and high operational costs, affecting around 160 employees [3] Group 2: Solvay - Solvay has signed an agreement to divest its oil and gas business to SNF Group for an enterprise value of €135 million, with a transaction multiple of approximately 7 times EBITDA based on the last twelve months [4] - The oil and gas unit generated net sales of approximately €400 million in 2024, accounting for 6% of Solvay's total net sales [4] Group 3: Honeywell - Honeywell completed the spin-off of its Solstice Advanced Materials business, which will trade under the ticker "SOLS" on NASDAQ starting October 30, 2025 [5] - Solstice Advanced Materials will focus on high-performance solutions for critical industries, with projected sales of $2.7 billion in 2024 for its Refrigerants and Applications Solutions division [7] - Honeywell plans to spin off its aerospace technology business in the second half of 2026, creating a standalone company that will be a major player in the aerospace supply sector [9]