MOL Group news

• 7 September 2024

  MOL Launches Largest Green Hydrogen Plant in Central and Eastern Europe

  The new 10MW plant in Százhalombatta produces 1,600 tonnes of green hydrogen annually, cutting CO2 emissions by 25,000 tonnes. It aligns with the SHAPE TOMORROW strategy for sustainability.
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  14 May 2024

  MOL Opens €1.3 Billion Polyol Complex in Hungary

  The new polyol complex in Hungary will produce materials for durable consumer goods using advanced technology, enhancing industrial competitiveness and creating long-term employment for nearly 300 people.
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  11 April 2024

  MOL Opens Largest Green Hydrogen Plant in Central and Eastern Europe

  The €22M plant will cut the Danube Refinery's CO2 emissions by 25,000 tonnes annually, producing 1,600 tonnes of green hydrogen per year, aligning with the SHAPE TOMORROW strategy for sustainability.
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  27 April 2022

  MOL and Plug Power to Build Major Green Hydrogen Plant in Hungary

  The new plant will produce 1,600 tons of green hydrogen annually, reducing 25,000 tons of CO2. It supports carbon neutrality goals and energy independence, operational by 2023.
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  23 March 2022

  MOL Builds New Propylene Plant in Hungary

  The new plant in Tiszaújváros will produce 100,000 tons of propylene annually, boosting self-sufficiency and creating jobs. It's part of a $4.5 billion investment to make the city a regional chemical hub.
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  11 March 2022

  Rossi Biofuel and MOL Group Open Biodiesel Plant in Hungary

  The new plant in Komárom uses RepCat technology to produce biodiesel from various waste fats, achieving over 85% greenhouse gas savings and complying with EU renewable fuel regulations.

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  27 September 2019

  MOL and thyssenkrupp Begin Polyol Complex in Hungary

  The new polyol plant in Hungary will produce 200,000 tons annually by 2021, using efficient, eco-friendly technologies. This investment strengthens the region's chemical industry and value chain.
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  7 June 2019

  MOL Group Invests in Propylene Production

  MOL signed a contract for engineering and technology to build a unit producing 100,000 MTA of polymer-grade propylene in Hungary, enhancing competitiveness and backward integration.
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  2 May 2019

  MOL Builds New Rubber-Bitumen Plant in Hungary

  The new plant will produce 20,000 tons of rubber-bitumen annually, recycling 3,000 tons of rubber scrap and supporting 100 refinery jobs. It addresses increased demand and enhances road durability.
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  12 September 2018

  thyssenkrupp secures MOL contract for Hungarian chemical complex

  The new complex in Hungary will produce 200,000 tons of polyether polyol annually by 2021, enhancing efficiency and automation. The project supports MOL's 2030 growth strategy in petrochemicals.
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  19 March 2018

  MOL/JSR Synthetic Rubber Plant in Hungary Completed

  The new plant in Tiszaújváros will produce 60,000 tons of S-SBR annually, creating over 100 jobs. It supports MOL's strategy to expand its petrochemical value chain and invest in chemical growth.
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  7 November 2016

  MOL Group Sets 2017-2021 Financial and Operational Targets

  MOL plans $2bn capex for refining, petrochemicals, and retail, aiming for higher non-fuel product share and market expansion. Focus on efficiency, diversification, and maintaining strong cash flow.
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  10 November 2015

  MOL Group Expands with New Butadiene Plant in Hungary

  A new butadiene unit in Hungary and an LDPE unit in Slovakia mark key milestones. A synthetic rubber plant is also planned. These projects enhance competitiveness and expand the product portfolio.
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  8 September 2015

  Slovnaft Installs New LDPE4 Production Technology

  The new LDPE4 unit boosts polyethylene production by 40,000 tons annually, enhancing quality, reducing emissions, and increasing energy efficiency. Commercial production starts early 2016.
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  9 February 2015

  MOL Group and Transpetrol Complete Reconstruction of Friendship I/Adria Pipeline

  The pipeline's capacity was increased from 3.5 to 6 million tons annually, enhancing energy security for Hungary, Slovakia, and the Czech Republic. The project cost USD 80 million and took less than a year.
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  5 June 2014

  Slovnaft Advances Logistics Plant for New Polyethylene Production

  28 silos installed for low-density polyethylene storage. Logistics infrastructure on track for Q2 2015 commissioning. Total investment exceeds 300 million euros.
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  12 September 2013

  MOL Rubber Bitumen Production at Zala Refinery

  After extensive R&D, a new plant at Zala Refinery produces eco-friendly rubber bitumen from used tires, offering longer-lasting, low-maintenance roads. The project received partial funding from GOP.