lotchem News

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Lotte Chemical switches on smart energy system

Lotte Chemical Pakistan Limited (PSX: LOTCHEM) has successfully commissioned a Battery Energy Storage System (BESS) project.

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LOTCHEM Q1CY26 profit jumps over two-fold

Lotte Chemical Pakistan Limited (PSX: LOTCHEM) reported a stellar financial performance for the first quarter ended March 31, 2026, with its net profit surging 2.2 folds to Rs1.47bn, up from Rs661.9m in the corresponding period last year.

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LOTCHEM moves closer to acquire Engro’s 56% stake in EPCL

Engro Holdings Limited (PSX: ENGROH)'s subsidiary, Engro Corporation Limited, has received a non-binding offer from Lotte Chemical Pakistan Limited for the acquisition of approximately 56.19% of the paid-up share capital of Engro Polymer & Chemicals Limited (EPCL).

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LOTCHEM issues offer to acquire 56% stake in Engro Polymer

Lotte Chemical Pakistan Limited's (PSX:LOTCHEM) Board of Directors has approved and issued a non-binding offer to Engro Corporation Limited for the acquisition of approximately 56.19% of the issued and paid-up share capital of Engro Polymer & Chemicals Limited.

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Lotte Chemical faces earnings slump

Lotte Chemical Pakistan Limited (PSX: LOTCHEM) reported a steep 58% decline in net profit, logging Rs1.12bn for the year ended December 31, 2025, compared to Rs2.64bn in the previous year.

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PTA Global acquires majority stake in Lotte Chemical

PTA Global Holding Limited has officially acquired a 78.74% shareholding in LOTTE Chemical Pakistan Limited (PSX: LOTCHEM), completing a major ownership transition through the purchase of shares from Lotte Chemical Corporation, South Korea, and a Mandatory Public Offer to minority shareholders.

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LOTCHEM plant operations restart From September 1

Lotte Chemical Pakistan Limited (PSX: LOTCHEM) declared that its plant operations have resumed from September 1, 2025.

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Lotte Chemical posts around 66% drop in half-year profit

Lotte Chemical Pakistan Limited (PSX: LOTCHEM) recorded a sharp decline of 65.8% in its profits during the six months ended June 30, 2025.

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Lotte Chemical Korea to sell 75.01% stake in LOTCHEM to AsiaPak, Montage Oil

The board of directors of Lotte Chemical Corporation (LCC Korea), the majority (75.01%) shareholder of Lotte Chemical Pakistan Limited (PSX: LOTCHEM), has...

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Lotte Chemical Korea to divest 75% stake in LOTCHEM

The Board of Directors of Lotte Chemical Corporation, South Korea (LCC Korea), the majority shareholder (75.01%) of Lotte...

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