Industrial conglomerate 3M Co said on Friday it will exit its Neoplast and Neobun brands in Thailand and some other Southeast Asian countries, and sell manufacturing assets at its Lat Lum Kaeo plant, as part of its strategic portfolio management.
The brands — part of the company's Consumer Health and Safety Division (CHSD) — and the assets from its Thailand-based Lat Lum Kaeo plant in Pathum Thani province will be sold to Selic Corp Plc, 3M said.
