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LOTTE invested in the Pakistan PTA project

May 05/2011

(Plastemart) -- LOTTE has invested USD 200 mln in the Pakistan PTA project and 48 MW co-generation power plant, as per Pakistan Observer. LOTTE, the Korean Conglomerate is ready to make additional investment of USD 400-500 mln more to expand the LOTTE Pakistan project which is the main stay of the polyester-chain and key supplier of raw material for a large part of Pakistans exports. LOTTE is also keen to enter several more areas of industry in Pakistan, in the fields of construction, food processing, beverages and petro-chemical industries.

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