Lotte Chemical shuts down plant

MG News | November 15, 2024 at 03:34 PM GMT+05:00

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November 15, 2024 (MLN): Lotte Chemical Pakistan Ltd. (PSX: LOTCHEM) has announced a planned suspension of plant operations from November 16 to December 15, 2024, to manage inventory and conduct maintenance.

"To efficiently manage inventory together with planned maintenance shutdown, the Plant operations shall remain suspended from 16 November 2024 to 15 December 2024," the company said in a stock filing Friday.

Lotte Chemical's principal activity is the manufacturing and sale of Pure Terephthalic Acid (PTA).

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