Lotte Chemical Pakistan to acquire 56.19% stake in Engro Polymer & Chemicals for $71 million

Lotte Chemical Pakistan (LCPL) will acquire a 56.19% controlling stake in Engro Polymer & Chemicals (EPCL) from Engro Corporation for PKR 19.7 billion (about $71 million). The transaction includes a mandatory tender offer and a planned merger.

“Lotte Chemical Pakistan (LCPL), will acquire a 56.19% controlling stake in Engro Polymer & Chemicals (EPCL) held by Engro Corporation.”news.chemnet.com

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• news.chemnet.com$71 million acquisition! Lotte Chemical expands its presence in Pakistan's PVC market - ChemNetSep 11, 2026

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