Karachi: Lotte Chemical Pakistan Limited has announced a temporary suspension of its plant operations to efficiently manage inventory. The suspension will take place from March 28, 2025, to April 17, 2025, in accordance with Section 96 and 131 of the Securities Act, 2015, and clause 5.6.1 of PSX Regulations.

This decision is aimed at optimizing inventory management, a move that the company has communicated to the TRE Certificate Holders of the Exchange. The suspension spans a period of approximately three weeks.

According to information available from the Pakistan Stock Exchange (PSX), the disclosure falls under the category of designated market information, which requires companies to inform stakeholders of significant operational changes.

Lotte Chemical Pakistan Limited has not provided further details regarding the specific inventory challenges or the expected impact on production levels following the resumption of operations. The company has adhered to regulatory requirements by promptly informing the stock exchange and its stakeholders of this development.