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 Ladlumkaew 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 Ladlumkaew plant will be sold to Selic Corp Plc, 3M said. The St Paul, Minnesota-based company did not disclose the terms of the deal, but said the sale will not have a material impact on its financial results. “As part of ongoing strat…

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