Karachi April 3 2025: Lotte Chemical Pakistan Limited shut its plant to efficiently manage inventory for a period of three weeks.
“To efficiently manage inventory, the Plant operations shall remain suspended from 28 March 2025 to 17 April 2025” 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Lotte Chemical Pakistan Limited was incorporated in Pakistan on 30 May 1998 under the Companies Ordinance, 1984 ( repealed with enactment of the Companies Act, 2017).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).