Noventra Limited
PPSX:LOTCHEM23.30
PKR
-0.63
(-2.63%)
Noventra Limited
PSX:LOTCHEM
(Pakistan Stock Exchange)
Recent
price
23.30
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Lotte Chemical Pakistan Limited is a Pakistan-based petrochemical company that engages in the manufacturing and distribution of Purified Terephthalic Acid (PTA). The company operates as the sole domestic producer of PTA in Pakistan, serving as a vital upstream supplier to the domestic textile, synthetic fiber, and packaging industries. Its core product offering consists of Purified Terephthalic Acid (PTA), an aromatic chemical and primary raw material used in the synthesis of Polyester Staple Fiber (PSF) for textile yarn; Polyester Filament Yarn (PFY) for apparel and home textiles; Polyethylene Terephthalate (PET) bottle-grade polymer resin for consumer and beverage packaging; and Biaxially-Oriented Polyethylene Terephthalate (BOPET) film for specialty packaging and industrial applications. In addition to chemical manufacturing, the company operates co-generation power and utility facilities to support continuous on-site production and supplies surplus electricity to the national grid. Headquartered in Karachi, Pakistan, the company maintains its primary manufacturing facility at the Port Qasim Authority Eastern Industrial Zone in Karachi, operating with an annual nameplate production capacity of approximately 500,000 metric tons and utilizing technology licensed from Invista Performance Technologies with imported paraxylene feedstock sourced across Asia and the Middle East. Founded in 1996 and commercialized in 1998, the company is listed on the Pakistan Stock Exchange. In November 2025, Dubai-based PTA Global Holding Limited, a joint venture between AsiaPak Investments Limited and Montage Commodities FZCO, completed the acquisition of a 75.01% controlling stake in the company from South Korea-based Lotte Chemical Corporation. In September 2026, the company approved a corporate rebrand to change its name to Noventra Limited and authorized an expansion of its share capital from PKR 20 billion to PKR 40 billion to support ongoing capital management and business development.