# 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.

- Type: Acquisition
- Announced: 2026-09-10
- Where: Pakistan
- Value: $71.0M
- Status: announced
- Products: PVC resin, VCM monomer, caustic soda, hydrogen peroxide, sodium hypochlorite
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Lotte Chemical](https://endata.com/companies/2025.md) (investor)
- [Engro Polymer & Chemicals](https://endata.com/companies/20990.md) (target)
- [Engro Corporation](https://endata.com/companies/31033.md) (partner)
- [Lotte Chemical Pakistan](https://endata.com/companies/43427.md) (acquirer)

## Sources

- [news.chemnet.com](https://news.chemnet.com/news-9792.html), 2026-09-11: "Lotte Chemical Pakistan (LCPL), will acquire a 56.19% controlling stake in Engro Polymer & Chemicals (EPCL) held by Engro Corporation."

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