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The Refrigerants & Dielectric Fluids — 3M Exits, Honeywell & Chemours Step In · The Cooling Crisis — Liquid Cooling, CDUs, Chillers & Refrigerants

HON

Honeywell
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Solstice low-GWP refrigerants dominate post-3M-exit. Quantinuum IPO pending (54% owner). Aerospace spin June 29, 2026.

What they do

Diversified industrial. Solstice low-GWP (global warming potential) refrigerants dominate the next-gen refrigerant market as the F-gas regulations phase out older HFCs. Honeywell also owns 54% of Quantinuum (quantum IPO pending mid-June 2026) and is spinning out aerospace June 29, 2026.