Islamabad October 17 2023: Lotte Chemical Pakistan Limited (Lotchem) shut its plant for 12 days due to lower demand of its products, according to company filing to the exchange.
“Due to lower downstream demand and to efficiently manage inventory and production, the management of the Company has decided to temporarily suspend the Plant operations from 18 October 2023 to 29 October 2023 (both days inclusive)” states the notification.