# Lotte Chemical sells stake in Chinese JV Lotte Chemical Jiaxing

South Korea's Lotte Chemical sold all its shares in its Chinese joint venture Lotte Chemical Jiaxing Corp to its domestic partner. The plant in Jiaxing, Zhejiang, produces ethylene oxide adduct (EOA) and ethanolamine (ETA).

- Type: Acquisition
- Announced: 2023-10-09
- Where: Jiaxing, Zhejiang, China
- Status: announced
- Products: ethylene oxide adduct, ethanolamine
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Lotte Chemical](https://endata.com/companies/2025.md)

## Sources

- [chemorbis.com](https://www.chemorbis.com/tr/plastik-haberleri/Lotte-Cin-deki-ortak-girisim-hisselerini-satti-Pakistan-daki-PTA-tesisi-de-benzer-bir-hamle-gorebil/2023/10/09/882928), 2023-10-08: "Güney Koreli Lotte Chemical Çinli partnerleriyle olan ortak girişimindeki tüm hisselerini sattı."
- [chemorbis.com](https://www.chemorbis.com/it/plastics-news/Noli-globali-in-forte-rialzo-per-congestione-portuale-Maersk-avverte-del-persistere-delle-difficolt/2026/11/06/992602), 2023-10-08: "Güney Koreli Lotte Chemical Çinli partnerleriyle olan ortak girişimindeki tüm hisselerini sattı."

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