- The foundation stone for the polyol production facility was laid on September 27, 2019.
- The MOL Group is investing €1.2 billion in the new plant complex.
- The plant is expected to be commissioned in 2021 and will produce 200,000 tons of polyols per year.
- The complex will use the HPPO process developed by thyssenkrupp and Evonik.
Project Overview
Thyssenkrupp is constructing a new integrated chemical complex in Tiszaújváros, Hungary. The foundation stone for the polyol production facility was laid on September 27, 2019. The MOL Group is investing €1.2 billion in this new plant complex.
Production Capacity and Timeline
The facility is expected to be commissioned in 2021 and will produce approximately 200,000 tons of polyols annually. Polyol is a crucial plastic raw material used in various industries, including automotive manufacturing, construction, and clothing.
Technological Advancements
The Tiszaújváros complex will utilize efficient and environmentally friendly technologies, such as the HPPO process (propylene oxide from hydrogen peroxide) developed by thyssenkrupp and Evonik. This advanced technology aims to enhance production efficiency and reduce environmental impact.
Regional Impact
This investment will position MOL Group as a significant player in the region's chemical industry. MOL will be the only company in Central and Eastern Europe to control the entire value chain from crude oil extraction to polyol production. The new production infrastructure is expected to attract additional investors to the area, further boosting the region's chemical sector.
