European Chemical Industry News & Insights

MOL Group Invests in Propylene Production

At a glance
  • MOL signed a contract with McDermott for engineering and technology licensing.
  • The unit will produce 100,000 MTA of polymer-grade propylene.
  • The project will use Lummus' OCT and CDHydro\u00ae Deisobutenizer.
  • The unit will also produce an isobutene-rich stream.

Contract Signing

MOL Petrochemicals has signed a contract with McDermott International, Inc. for the basic engineering, technology license, catalyst, and Front End Engineering Design (FEED) for an Olefins Conversion Technology (OCT) unit. This unit will be located at MOL Petrochemicals' complex in Tiszaújvaros, Hungary.

Production Capacity

Once completed, the new unit will have a production capacity of 100,000 MTA of polymer-grade propylene. The feedstocks for this production will come from steam cracker and refinery sources.

Technological Components

The project will utilize Lummus’ proprietary Olefins Conversion Technology (OCT) and CDHydro® Deisobutenizer. These technologies are known for their efficiency and low energy consumption, making the production process more economical and environmentally friendly.

Additional Outputs

In addition to polymer-grade propylene, the unit will also produce an isobutene-rich stream, further enhancing the versatility and output of the facility.