HungaryPart of MOL Groupmolgroupchemicals.com
Its roles Owner Operator Developer
MOL Petrolkémia Zrt. (MOL Petrochemicals), legally known as MOL Petrolkémia Zártkörűen Működő Részvénytársaság, is a major Hungarian petrochemical company headquartered in Tiszaújváros. A subsidiary of MOL Group, it specializes in the production of commodity polymers for the plastics industry, including high-density polyethylene (HDPE, 535 kt/y capacity), low-density polyethylene (LDPE, 285 kt/y), polypropylene (PP, 420 kt/y), and butadiene (130 kt/y), supported by a steam cracker with 890 kt/y ethylene capacity.
With over four decades of experience, the company holds a leading position in Central Eastern Europe's petrochemical sector, alongside MOL Group's Slovnaft operations in Slovakia. Its activities are integrated with MOL Group's refineries, ensuring feedstock supply from sites like Danube Refinery. MOL Petrochemicals exports products to more than 40 countries, serving industrial applications and consumer goods manufacturing. Recent initiatives include a 40 MWh battery storage system at its Tiszaújváros site to enhance energy efficiency and grid stability.
Also known as MOL Petrolkémia Zrt., MOL Petrochemicals Co. Ltd., and MOL Group Chemicals.
chemXplore tracks 8 projects involving MOL Petrochemicals, of which 3 are active.
Besides these 3, the record holds 5 completed projects.
Closest to start-up first.
The 5 that are completed, on hold or cancelled are in the record. See all 8 in chemXplore →
New unit at Danube Refinery will double maleic anhydride output and is due online in H2 2027, aiming to strengthen European supply security and improve energy efficiency.
Investigation done; risks cleared and approvals granted. Hydrocarbon removal continues. Cleaning, inspections and repairs start; restart may take months. Injured staff improving; fuel supply unaffected.
Cooperating with authorities; unit draining underway for damage assessment. Two discharged, seven hospitalized (stable). Psychological support provided. Fuel supply unaffected; other units operating.
Fire at olefin plant is being extinguished; company cooperating with authorities. CEO en route. Company expresses condolences and regards the colleague as part of the corporate group.
Explosion during unit restart left one worker dead and nine injured; fire extinguished. Investigation under way. Other complex units keep running; refining and fuel supply unaffected; event insured.
Clariant received damage claims totaling EUR 950 million related to 2020 competition law infringement but rejects the allegations, citing no market impact.
MOL's pilot test in Hungary converts plastic waste into polyethylene and polypropylene, advancing its circular economy strategy with ISCC PLUS certification.
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.
