- The plant will produce 60,000 tons of S-SBR annually.
- Construction began in 2015 and was completed in 2023.
- MOL and JSR formed a joint venture in 2013, with JSR holding 51% and MOL 49%.
- MOL plans to invest around USD 4.5 billion in petrochemical projects by 2030.
Plant Inauguration
MOL Group and JSR Corporation have inaugurated their synthetic rubber plant in Tiszaújváros, Hungary. The facility will produce 60,000 tons of solution polymerization styrene-butadiene rubber (S-SBR) annually, creating over 100 new jobs.
Production Details
The plant utilizes cutting-edge technology to manufacture S-SBR, a key material for fuel-efficient and eco-friendly tires. The primary feedstock, butadiene, is supplied by an adjacent MOL plant commissioned in 2015.
Joint Venture
MOL and JSR Corporation established a joint venture in 2013, with JSR holding a 51% stake and MOL 49%. Construction of the plant began in 2015 and has now been completed.
Strategic Investment
As part of its 2030 strategy, MOL aims to expand its petrochemical value chain and invest approximately USD 4.5 billion in petrochemical and chemical growth projects by the end of the next decade.
