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PlantsSSESSMENTS: Lotte Chemical Restarts PTA Plant Operations


Market sources informed SSESSMENTS.COM that Lotte Chemical Pakistan Limited had resumed its Purified Terephthalic Acid (PTA) plant operations. The producer idled the 500,000 tons/year unit on April 27 due to weak demand amid the coronavirus-related shutdown. A local media reported that the company’s Q2 earnings are expected to remain depressed due to the long duration of the shutdown (50 days).

Tags: English,ISC,PET,PTA/DMT,Pakistan,Plant

Published on June 22, 2020 3:04 PM (GMT+8)
Last Updated on June 22, 2020 3:04 PM (GMT+8)