# Lotte Chemical acquires Vietnamese high-tech materials company Vina Polytech

Lotte Chemical has acquired Vina Polytech, a Vietnamese manufacturer of PC plastic and ABS plastic pellets located in Bac Ninh Industrial Zone. The acquisition aims to diversify Lotte Chemical's overseas business portfolio into high-tech materials.

- Type: Acquisition
- Announced: 2020-08-11
- Where: Bac Ninh Industrial Zone, Vietnam
- Status: completed
- Products: PC plastic pellets, ABS plastic pellets
- 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) (acquirer)
- [Vina Polytech](https://endata.com/companies/49325.md) (target)

## Sources

- [vir.com.vn](https://vir.com.vn/lotte-chemical-has-acquired-vietnamese-high-tech-material-company-vina-polytech-78484.html), 2020-08-11: "Lotte Chemical has recently acquired Vina Polytech to realise its vision of becoming the seventh-largest chemical company in the world."

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