Solstice and Element Solutions weigh a $27bn merger of materials makers

Solstice Advanced Materials and Element Solutions are reportedly in discussions to merge in a deal valued at approximately $27 billion, aiming to form a specialty materials company focused on electronic and industrial materials. The merger would combine Solstice's expertise in refrigerants and specialty materials with Element Solutions' established presence in electronics assembly chemicals, potentially enhancing their market position amid growing demand in chip manufacturing and thermal cooling