Lahore: Lotte Chemical Pakistan Limited has announced the successful commissioning of its 6.5 MWp captive solar power plant, marking a significant advancement in the Company's strategic direction towards achieving zero-cost electric energy consumption. The announcement was made on July 9, 2026, as part of a formal disclosure under Sections 96 and 131 of the Securities Act, 2015, and clause 5.6.1(a) of the Rule Book of the Pakistan Stock Exchange Limited.

The newly established solar power plant is expected to substantially reduce the Company's reliance on high-cost grid electricity, a move that is anticipated to lower operating costs and enhance profitability. This development underscores Lotte Chemical's commitment to sustainable business practices, aiming to reduce its carbon footprint while creating long-term value for its shareholders.

According to information available from the Pakistan Stock Exchange (PSX), this initiative reflects a strategic investment by Lotte Chemical Pakistan Limited to bolster its long-term competitiveness in the market. The company is optimistic that this will set a benchmark for sustainable industrial operations within the designated market category.

The shift towards renewable energy resources highlights Lotte Chemical's proactive approach in adapting to global sustainability trends, ensuring that the Company remains at the forefront of environmentally responsible industrial practices.