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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
9/30/202412/31/2023Yes----

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: 1,514,207,208 (As of 9/30/2024)
Shareholders: 14,861
Stock Exchange: PSX
Fax Number: +92 2134726004


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Monday, December 2, 2024