Pakistan PTA Ltd was a member of the ICI Worldwide Group, which was acquired in 2008 by Akzo Nobel. With effect from 17 September 2009, Lotte completed its acquisition of the majority shareholdings in Pakistan PTA Limited, making it a member of the Lotte Group.
|1995||ICI group invests in the local (Pakistan) petrochemical industry to capture the growing local demand of PTA.|
|1997||Project Construction started.|
|1998||PTA plant commissioned.|
|2000||PTA business de-merged from ICI Pakistan Limited into Pakistan PTA Limited (PTA) and separately listed on all stock exchanges in Pakistan.|
|2008||Akzo Nobel completed its acquisition of ICI Plc, subsequently becoming the ultimate holding company of Pakistan PTA Limited.|
|2009||Lotte acquired majority shareholdings in Pakistan PTA Limited, making it a part of the Lotte Worldwide Group. Subsequently, the name of the Company was changed to Lotte Chemical Pakistan Ltd.|