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News · 2 September 2026

Lotte Chemical Pakistan signs agreement for majority stake in Engro Polymer & Chemicals

Lotte Chemical Pakistan has signed an agreement to acquire Engro Corporation’s 56.19% shareholding in Engro Polymer & Chemicals Limited for approximately PKR 19.7 billion, subject to corporate and regulatory approvals and other closing conditions.

Insights are general market commentary from the Montage desk. They are not investment advice, a forecast, or an offer to buy or sell any commodity.