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Overview of the Daesan plant of Lotte Chemical. (Photo=Lotte Chemical) |
[Alpha Biz= Kim Eun-mi] SEOUL, April 10, 2026 — Lotte Group is moving to revive the sale of a non-core business unit under Lotte Chemical, as mounting liquidity pressure intensifies following setbacks in other divestment efforts.
According to investment banking sources, Lotte Chemical has begun seeking potential buyers for its building materials division under the Advanced Materials Business Unit. The sale is being advised by UBS.
The division is reported to have generated approximately 30 billion won in EBITDA last year, with the expected deal value estimated at around 300 billion won.
Lotte Group had previously explored selling the unit in late 2024, when it faced liquidity concerns, but at the time denied any formal sale process.
The renewed divestment effort comes as the group seeks to streamline its portfolio and secure cash, particularly after challenges surrounding the potential sale of Lotte Rental.
Market watchers are closely monitoring whether the asset sale will materialize this time, as Lotte accelerates efforts to improve its financial position through the disposal of non-core businesses.
Alphabiz 김은미 인턴기자(kfootle@alphabiz.co.kr)
