---
title: "Lotte Chemical to buy Engro's stake in polymer company for Rs 19.7 billion"
description: "Most outlets reported the deal as a straightforward business transaction, highlighting the sale of Engro Corporation's 56.19% stake in Engro Polymer to Lotte Chemical Pakistan for Rs 19.7 billion. Business Recorder and Associated Press of Pakistan provided additional details about the structure of the deal and the subsidiary involved, while BOL News noted the positive stock market reaction. All outlets used similar phrasing and framing, with no significant differences in emphasis or tone."
url: https://harzaviya.com/stories/5802-lotte-chemical-to-buy-engro-polymer-in-rs-19-7-billion-deal
site: HarZaviya
language: en
---

# Lotte Chemical to buy Engro's stake in polymer company for Rs 19.7 billion

business · latest filing 2 Sep 2026, 5:12 AM PKT · 1–2 Sep 2026 · 7 articles from 6 outlets

**HarZaviya summary** — how 6 outlets covered this, generated automatically from their headlines and excerpts:

> Most outlets reported the deal as a straightforward business transaction, highlighting the sale of Engro Corporation's 56.19% stake in Engro Polymer to Lotte Chemical Pakistan for Rs 19.7 billion. Business Recorder and Associated Press of Pakistan provided additional details about the structure of the deal and the subsidiary involved, while BOL News noted the positive stock market reaction. All outlets used similar phrasing and framing, with no significant differences in emphasis or tone.

## Same story from 6 outlets

Each outlet's own headline, most recent first — read any at its source.

- **Business Recorder** — [Engro to sell entire EPCL stake to Lotte for Rs19.7bn](https://www.brecorder.com/news/40437505/engro-to-sell-entire-epcl-stake-to-lotte-for-rs197bn) · 2 Sep 2026, 5:12 AM PKT
  > KARACHI: Engro Corporation Limited has entered into a Share Purchase Agreement with Lotte Chemical Pakistan Limited for the sale of its entire 56.19 percent shareholding in Engro Polymer & Chemicals Limited (EPCL) for approximately Rs19.7 billion, subject to regulatory approvals and other customary conditions. The transaction was announced by Engro Holdings Limited, the parent company of Engro ...
- **The Express Tribune** — [Engro to sell 56% stake in EPCL for Rs19.7b](https://tribune.com.pk/story/2626987/engro-to-sell-56-stake-in-epcl-for-rs197b) · 1 Sep 2026, 9:51 PM PKT · 82% identical wording to the newest filing
  > Lotte Chemical acquires country's only chlor-vinyl complex, CEO says deal will enhance competitiveness
- **Associated Press of Pakistan** — [Engro Corporation to sell 56.19% stake in EPCL to Lotte Chemical Pakistan](https://www.app.com.pk/national/engro-corporation-to-sell-56-19-stake-in-epcl-to-lotte-chemical-pakistan/) · 1 Sep 2026, 5:58 PM PKT · 95% identical wording to the newest filing
  > Engro Holdings Limited on Tuesday announced that its wholly-owned subsidiary, Engro Corporation Limited, had entered into a Share Purchase Agreement (SPA) with Lotte Chemical Pakistan Limited for the sale and transfer of its entire shareholding in Engro Polymer & Chemicals Limited (EPCL).
- **BOL News** — [Engro to sell polymer unit to Lotte for Rs19.7 billion](https://www.bolnews.com/business/engro-to-sell-polymer-unit-to-lotte-for-rs19-7-billion/) · 1 Sep 2026, 10:41 AM PKT · 85% identical wording to the newest filing
  > Shares of both companies rose in early trading Tuesday, with EPCL climbing 2.11% and Lotte Chemical Pakistan gaining 2.88%.
- **ProPakistani** — [Lotte Chemical To Buy Engro Polymer In Rs. 19.7 Billion Deal](https://propakistani.pk/2026/09/01/lotte-chemical-to-buy-engro-polymer-in-rs-19-7-billion-deal/) · 1 Sep 2026, 9:49 AM PKT · 89% identical wording to the newest filing
  > Engro Corporation Limited has entered into a share purchase agreement with Lotte Chemical Pakistan Limited to sell its entire shareholding… Read More
- **Profit** — [Lotte Chemical signs deal to buy Engro Corp's 56.19% stake in Engro Polymer for Rs 19.7 billion](https://profit.pakistantoday.com.pk/2026/09/01/lotte-chemical-signs-deal-to-buy-engro-corps-5619percent-stake-in-engro-polymer-for-rs-197-billion) · 1 Sep 2026, 9:15 AM PKT · 86% identical wording to the newest filing
  > Share purchase deal covers 510,733,455 ordinary shares at Rs 38.60 apiece and still needs regulatory clearance

## Part of a bigger story

Other stories whose coverage resembles this one, nearest first. "% related" compares whole stories, not single articles — see [what the percentages mean](https://harzaviya.com/methodology).

- [Lotte Chemical Pakistan proposes to double capital and rename company](https://harzaviya.com/stories/5614-lotte-chemical-plans-to-double-authorized-capital-to-rs-40) · 31 Aug 2026 · 2 outlets · 70% related

7 articles from 6 outlets, 1–2 Sep 2026. Headlines and links belong to their outlets — HarZaviya links out and never copies article text.

---

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