Oct 8 (Reuters) - Solstice Advanced Materials will

continue to look for merger and acquisition opportunities as a

standalone company, its CEO David Sewell said on Wednesday,

seeking to emulate parent Honeywell's ( HON ) deal-making

strategy.

The producer of specialty chemicals, which is set to start

trading independently on the Nasdaq from October 30, was spun

off from Honeywell ( HON ) as part of its separation into three

independent companies.

"We'll look for bolt-on M&A opportunities in the markets and

technologies that are aligned and adjacent to where we're at

today," Sewell told Reuters in an interview ahead of the

company's inaugural investor day.

Honeywell ( HON ) CEO Vimal Kapur has made a string of acquisitions

since he took over in 2023, while also shedding non-aligned

assets to simplify the business.

Solstice is expected to follow that playbook as its

independent structure will help increase focus on capital

allocation and strengthen its balance sheet.

Solstice's refrigerants & applied solutions business logged

sales of $2.7 billion in 2024, while the electronic & specialty

materials unit, which makes electronic materials for

semiconductors, did sales of $1 billion.

Sewell expects the vast amounts of capital flowing into data

centers for artificial intelligence to drive growth at the

business.

"We think that really positions us well to grow along with

the market," Sewell said.

He shrugged off any potential impact from the Trump

administration's tariffs as a result of local manufacturing,

adding higher costs on raw materials is "very manageable."

"It's really not of substance in the impact of our

business."