LOTCHEM Chemical Pakistan Ltd. (PSX: LOTCHEM) has announced a temporary suspension of its plant operations due to a technical fault.
In a notice to the Pakistan Stock Exchange (PSX) on Friday, the company stated that maintenance and repair work is already underway to address the issue.
LOTCHEM is a major player in the domestic chemical sector and runs one of the largest purified terephthalic acid (PTA) production facilities in Pakistan.
About the Author
Written by the expert legal team at Javid Law Associates. Our team specializes in corporate law, tax compliance, and business registration services across Pakistan.
Verified Professional
25+ Years Experience