Asahi Glass to buy 59% stake in Thai plastics player for $291m

Asahi Glass to buy 59% stake in Thai plastics player for $291m

A man walks past the logo of Asahi Group Holdings at the company's headquarters in Tokyo, Japan, May 17, 2016. REUTERS/Toru Hanai

Japan’s biggest glass maker, Asahi Glass, said on Wednesday it will buy a controlling 59 percent stake in Thai plastics company Vinythai from Belgium chemical firm Solvay SA.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter