Hungarian chemical industry news

• MOL Opens Largest Green Hydrogen Plant in Central and Eastern Europe

  11 April 2024

  Biobased & CircularEnergyIndustrial gasses

  

  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.
• LG Magna e-Powertrain Opens New Facility in Hungary

  9 September 2023

  SpecialtiesBiobased & Circular

  

  The new facility in Miskolc, Hungary, will produce e-motors by 2025, creating 200 jobs. It aims to meet European EV market demands with scalable electrified powertrain solutions.
• Andrada Group to Build Battery Recycling Plant in Hungary

  1 September 2023

  SpecialtiesEnergy

  

  The plant will recycle 10,000 tons of EV batteries annually, create 200 jobs, and receive HUF 4.7 billion in government support. It will use advanced, environmentally safe technology.
• SEMCORP Nears Completion, On Track to Operate This Year in Debrecen

  6 January 2023

  SpecialtiesEnergy

  

  Phase one construction is nearly complete, with equipment assembly underway. The factory, a €340M investment, will produce lithium-ion battery separators to meet European market demand.
• BMW to Invest Over €2 Billion in Hungarian Plant by 2025

  25 November 2022

  SpecialtiesEnergy

  

  The new plant in Debrecen will create 500+ jobs, feature advanced battery assembly, and launch a dual education program. It aims for sustainability with reduced carbon footprint and faster, longer-range batteries.

• Toray and LG Chem Form Battery Separator Film JV in Hungary

  16 June 2022

  Specialties

  

  The JV will invest $375M, start plant construction next year, and target European battery firms. LG Chem aims for management control in 30 months, leveraging synergies in fabric and coating technologies.
• MOL and Plug Power to Build Major Green Hydrogen Plant in Hungary

  27 April 2022

  

  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.
• Hungarian Mayor Visits SEMCORP's Debrecen Factory Under Construction

  19 April 2022

  SpecialtiesEnergy

  

  The factory, focused on lithium-ion battery separators, is progressing as planned with strong local support, creating 440 jobs. Initial hiring targets administrative staff and technicians.
• MOL Builds New Propylene Plant in Hungary

  23 March 2022

  Base chemistry

  

  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.
• Rossi Biofuel and MOL Group Open Biodiesel Plant in Hungary

  11 March 2022

  Biobased & CircularEnergy

  

  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.
• EcoPro BM to Invest €710M in Hungarian Cathode Plant

  8 December 2021

  Specialties

  

  The €710M plant in Debrecen will produce 108,000 tonnes of cathodes annually by 2025, supporting 1.35M electric cars. The Hungarian government will provide a grant, details pending EU notification.
• Huntsman Expands Polyurethane Catalyst Capacity in Hungary

  31 August 2021

  SpecialtiesPolymers

  

  The expansion in Hungary will boost global capacity for polyurethane catalysts and specialty amines, supporting cleaner, eco-friendly solutions and benefiting from a $3.8M Hungarian government grant.
• MOL Group Opens Rubber Bitumen Plant in Hungary

  19 October 2020

  Base chemistryRubber

  

  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.
• MOL and thyssenkrupp Begin Polyol Complex in Hungary

  27 September 2019

  Polymers

  

  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.
• Toray to Build New Battery Separator Film Plant in Hungary

  16 July 2019

  

  The new facility in Hungary will boost BSF production by 20%, meeting rising demand from EVs and consumer electronics, aligning with Toray's strategy of local production for local consumption.
• MOL Group Invests in Propylene Production

  7 June 2019

  Polymers

  

  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.
• MOL Builds New Rubber-Bitumen Plant in Hungary

  2 May 2019

  Base chemistryRubber

  

  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.
• Borsodchem Contracts Casale for Second Nitric Acid Plant

  15 January 2019

  Base chemistry

  

  The new 660 MTD nitric acid plant in Hungary will use Casale’s NA2000 dual-pressure process. Casale will provide the license, basic engineering, and site assistance.
• thyssenkrupp secures MOL contract for Hungarian chemical complex

  12 September 2018

  Polymers

  

  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.
• Evonik to Close Hungarian Kaba Site

  3 April 2018

  

  Production at the Kaba site will end by April 2018 due to market competition. Alternatives were explored, and supply remains assured. Redundancies will be managed with local authorities.
• MOL/JSR Synthetic Rubber Plant in Hungary Completed

  19 March 2018

  Rubber

  

  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.
• SK Innovation Breaks Ground on EV Battery Plant in Hungary

  9 March 2018

  Specialties

  

  The new factory in Komárom will produce third-gen EV batteries, offering 500km range. Mass production starts in 2020, with a capacity of 7.5 GWh annually. Total investment: KRW 840.2 billion.
• BorsodChem to Double TDI Capacity

  7 December 2017

  Polymers

  

  To meet rising global demand, the TDI crystallization unit at the Kazincbarcika plant in Hungary will double capacity. The new unit is under construction, with start-up expected in Q3 2018.
• Toray to Build PPS Resin Plant in Hungary

  23 August 2017

  Polymers

  

  The new facility will produce 3,000 tons annually, serving Europe's growing PPS resin market, especially in automotive applications, and enhancing local supply and customer support.
• MOL Group Sets 2017-2021 Financial and Operational Targets

  7 November 2016

  Steam cracker

  

  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.
• Pannonia Ethanol Expands Tolna County Plant

  3 November 2016

  Biobased & Circular

  

  A €135M credit facility from Hungarian banks will fund plant expansion, job creation, cost reduction, and increased corn buying and animal feed output. The company seeks government support against EU ethanol phase-out.
• Veolia Acquires Szakoly Biomass Power Plant in Hungary

  27 July 2016

  Biobased & CircularEnergy

  

  The Szakoly plant, operational since 2009, produces 130 GWh annually. The acquisition strengthens Veolia's renewable energy footprint in Hungary, aiming for efficient management and potential cogeneration.