MOL Group news

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  26 September 2025

  MOL Group to Resume Crude Exports from Kurdistan

  Agreements reached to reopen the KRI-Ceyhan pipeline, closed since spring 2023, boosting MOL's Shaikan oil field production and price realization.
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  25 September 2025

  MOL Group Sues Over Ethylene Cartel

  The European Commission condemned ethylene buyers for anti-competitive behavior, impacting MOL's sales. MOL seeks damages through civil proceedings.
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  18 September 2025

  MOL Group Converts Plastic Waste to High-Value Products at Tiszaújváros Site

  MOL's pilot test converts plastic waste into polyethylene and polypropylene, advancing its circular economy strategy with ISCC PLUS certification.
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  18 September 2025

  MOL and O&GD Uncover New Oil Field

  A new oil field near Galgahévíz, Hungary, produces 1,000 barrels/day, enhancing domestic energy security and reducing import dependency.
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  29 August 2025

  MOL Explores Geothermal Energy at Danube Refinery

  3D seismic surveys assess geothermal potential to enhance refinery energy efficiency. Results in six months could lead to further studies if promising.
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  8 August 2025

  MOL Group Advances SAF and HVO Production on World Biodiesel Day

  MOL Group completes SAF and HVO tests at Rijeka and Bratislava refineries, highlighting readiness for sustainable fuel production and commitment to EU climate goals.

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  5 August 2025

  MOL Group and KazMunayGas Ink Oil Trading Deal

  MOL imports 85,000 tons of CPC crude to Croatia, enhancing supply security in Central and Eastern Europe. The deal builds on a strategic partnership for oil diversification and cooperation.
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  4 August 2025

  KMG Delivers First Oil to Hungary via Croatia

  Kazakh oil reaches Hungary through Croatia, marking a strategic expansion in EU markets. A Framework Agreement for future deliveries was signed.
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  26 June 2025

  First Joint Azeri Crude Shipment Arrives in Omišalj

  92,000 tonnes of Azeri crude arrive in Omišalj, enhancing regional supply flexibility and security, and supporting crude diversification. Further shipments are planned.
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  13 June 2025

  Yara Clean Ammonia Backs Ammonia Bunkering Pilot in Pilbara

  The first ship-to-ship ammonia transfer in Western Australia shows ammonia's potential as a marine fuel, with safety and scalability confirmed.
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  28 March 2025

  MOL Petrochemicals Develops Battery Storage Facility

  MOL is building a 40 MWh battery storage in Tiszaújváros to balance Hungary's grid, supported by EU funding. Completion is expected by Q1 2026.
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  4 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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  10 July 2024

  Lummus and MOL Launch Waste Plastic Recycling Plant in Hungary

  The plant will process 40,000 tons of waste plastics annually, using advanced pyrolysis technology to produce circular petrochemicals with zero direct scope 1 emissions.
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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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  12 January 2022

  PKN ORLEN and LOTOS Group Merger Nears Completion

  Four partners selected to meet EU conditions, ensuring energy security, diversification, and expansion into new markets. No collective redundancies planned; focus on strategic growth and R&D.
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  19 October 2020

  MOL Group Opens Rubber Bitumen Plant in Hungary

  The new plant recycles 8-10% of Hungary's tire waste, produces 20,000 tons annually, and preserves 100+ jobs. It supports road construction and offers new business opportunities in surrounding countries.
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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.