# Lotte Chemical Pakistan plans majority stake in Engro Polymer

Lotte Chemical Pakistan disclosed its intention to acquire a 73.69% stake in Engro Polymer & Chemicals through a share purchase agreement and public offer. The deal includes 56.19% via share purchase and 17.5% via public offer.

- Type: Acquisition
- Announced: 2026-03-10
- Where: Pakistan
- Status: announced
- Products: PVC, purified terephthalic acid
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Engro Polymer & Chemicals](https://endata.com/companies/20990.md) (target)
- [Lotte Chemical Pakistan](https://endata.com/companies/43427.md) (acquirer)

## Sources

- [investify.pk](https://www.investify.pk/news/100000133745/lotte-chemical-pakistan-plans-to-acquire-majority-stake-and-control-in-engro-polymer), 2026-03-10: "Lotte Chemical Pakistan has disclosed its intention to take majority control of Engro Polymer & Chemicals."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.