Group Vision

A Message from the Chairman

“Our vision is to take Lotte Chemical Pakistan to new heights of success,” said Dr. Imtiaz Ahmed, Chairman, Lotte Chemical Pakistan. “We are embarking on a series of high-impact modernization projects that will enhance performance, efficiency, and competitiveness of our PTA plant at Port Qasim. These investments will not only improve productivity but also position Lotte Chemical Pakistan as a benchmark for industrial excellence in the region.”

Dr. Ahmed emphasized that the new management is committed to strengthening Pakistan’s industrial foundation through sustainable growth, technological advancement, and export-driven competitiveness, ensuring that both shareholders and employees benefit from the planned investments in the company.

CEO’s Vision for Transformation

Adnan Afridi, a well-known and successful corporate leader, has been appointed as the Chief Executive Officer (CEO) of Lotte Chemical Pakistan. Representing the consortium, he will lead the company’s ambitious plans for transformation, growth, and diversification.

“Our immediate focus is on operational excellence and sustainable profitability,” Afridi said. “We are optimizing plant efficiency, improving reliability, and integrating advanced energy-saving technologies that will significantly reduce our production costs. This is not just about growth — it’s about setting a new standard of performance for the chemical sector in Pakistan.”

He added that improving operational efficiencies and energy-related initiatives will make the company more competitive and a key growth partner for Pakistan’s polyester and packaging industries. Beyond internal improvements, Lotte Chemical Pakistan also plans aggressive growth through mergers and acquisitions (M&A) to enable diversification and scale, reinforcing its role as a national industrial leader.

Mr. Shehryar Chishti, a leading industrialist and partner in the new ownership consortium, reaffirmed his confidence in Pakistan’s industrial potential:

“This acquisition represents a long-term commitment to Pakistan’s petrochemical and manufacturing future. We see enormous opportunity to build on Lotte’s strong foundation by investing in modern technologies, energy efficiency, and expansion into high-value downstream products.”

Mr. Chishti added that this transaction sends a strong signal to capital markets and policymakers about renewed investor confidence in Pakistan’s industrial sector, and that the consortium’s vision aligns with national priorities for industrial modernization and sustainable export growth.