European Chemical Industry News & Insights

MOL Group Opens Rubber Bitumen Plant in Hungary

At a glance
  • The plant, a USD 10 million investment, was built in one year.
  • It can produce 20,000 tons of rubber bitumen annually.
  • The project started in spring 2019 and was completed despite the COVID pandemic.
  • 75% of the investment was funded by MOL, with 25% from state aid.

Investment and Capacity

The rubber bitumen plant at the Zala site, a USD 10 million investment, has been completed. Built in one year, the plant can produce 20,000 tons of rubber bitumen annually. This facility will recycle 8-10% of Hungary's domestic tire waste and help preserve over 100 jobs.

Project Timeline

In 2012, a pilot plant with a 5,000-ton annual capacity was opened at the Zala site. Due to increased demand, construction of the new plant began in spring 2019 and was completed in just over a year, despite the COVID pandemic. No working days were lost during the project.

Production and Utilization

The plant's 96 tons per day capacity meets the demand for larger road construction projects and opens new business opportunities in surrounding countries. The chemically stabilized rubber bitumen, a MOL patent, offers potential for license sales. Over the past eight years, approximately 150 km of roads in Hungary have been built or refurbished using rubber bitumen, a volume expected to increase with the new plant's capacity.

Funding

75% of the USD 10 million investment was funded by MOL, with the remaining 25% financed through state aid under the Large Enterprise Investment Support Programme.