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Lotte Chemical Pakistan Ltd
Ez/1/P-4
Eastern Industrial Zone, Port Qasim,
Phone: +92 2134726005p:+92 2134726005 KARACHI, 74200  Pakistan Ticker: LOTCHEMLOTCHEM

This is a Subsidiary, click here for the Parent Company

Business Summary
Lotte Chemical Pakistan Limited is a Pakistan-based company, which is engaged in the manufacture and sale of pure terephthalic acid (PTA). PTA is the primary raw material for producing polyester fiber, polyester filament yarn, polyester film, and polyethylene terephthalate (PET). The Company is the local producer and supplier for the domestic polyester and PET industries with short delivery. For producing PTA, it imports its feedstock (Paraxylene) from suppliers based in Asia and the Middle East region. It has also enabled infrastructure development in the Port Qasim area, including a chemical jetty, raw water pipeline, and production of industrial gases through third party contracts. The Company has the capacity to produce approximately 500,000 tons of PTA per year through its plant located at Port Qasim, Karachi.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
3/31/202412/31/2023Yes----

Industries
SIC Code Description
2869 Industrial organic chemicals, not elsewhere classified

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Non-Executive Chairman of the Board Sang HyeonLee 57 2/1/2022 6/23/2017
Chief Executive Officer, Executive Director Young DaeKim 6/23/2023 1/25/2021
Chief Financial Officer AshiqAli 2/15/2016 2/15/2016
7 additional Officers and Directors records available in full report.

Business Names
Business Name
LOTCHEM
Lotte Pakistan PTA Limited
Pakistan PTA Ltd.

General Information
Number of Employees: 226 (As of 12/31/2023)
Outstanding Shares: 1,514,207,200 (As of 2/19/2024)
Shareholders: 14,861
Stock Exchange: PSX
Fax Number: +92 2134726004


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Wednesday, April 24, 2024