Karachi November 15 2024: Lotte Chemical Pakistan Limited shut its plant to efficiently manage inventory and planned maintenance for a period of one month.
“To efficiently manage inventory together with planned maintenance shutdown, the Plant operations shall remain suspended from 16 November 2024 to 15 December 2024” states company in its filing to the Pakistan Stock Exchange.
Lotte Chemical Pakistan Limited was incorporated in Pakistan on 30 May 1998 under the Companies Ordinance, 1984 ( repealed with enactment of the Companies Act, 2017).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).
