Advanced Biochemical Thailand Transfers Business to Parent Company AGC Vinythai
One year after launching the new EPINITY® brand, a bio-based epichlorohydrin, Advanced Biochemical Thailand (ABT) completely transferred business to its parent company, AGC Vinythai Public Company Limited. The transfer will not affect the day-to-day operations of the EPINITY business, as AGC Vinythai already owned 100% of ABT shares. The transfer, completed July 3, 2023, will only affect administrative operations with the intent to increase efficiency and provide a more personalized service to customers and business partners.
“This transition will not affect our product, its quality specification, our facilities or our work as we continue to build EPINITY in the market and ultimately replace petro-based Epichlorohydrin,” said Masayoshi Namba, managing director, ABT.