Karachi May 2 2023: Lotte Chemical Pakistan Limited (Lotchem) inform that the company has resumed Plant operations from 1 May 2023.
Earlier on 14 March 2023, wherein it was informed that the Company has decided to temporarily suspend its Plant operations from 15 March 2023 due to difficulties in opening of letter of credits as country is facing dollar shortages.
Lotte Chemical Pakistan Limited was incorporated in Pakistan on 30 May 1998 under the Companies Ordinance, 1984 ( repealed with enactment of the Companies Act, 2017). The principal activity of the Company is to manufacture and sale of Pure Terephthalic Acid (PTA).
