New plant of MOL under construction in Tiszaújváros
03/25/2022 • Customer news
Official foundation stone laying ceremony of the new propylene plant of MOL Petrochemicals took place in Tiszaújváros, Hungary. The plant is built as a greenfield investment for 65 billion HUF and will produce 100.000 tons of propylene, covering a significant rate of MOL’s chemical material need, increasing the self-sufficiency of the company.
This plant will provide propylene for the polyol complex already under construction, turning Tiszaújváros into the chemical capital of the region. Building of the propylene plant provides thousands of job opportunities and creates competitive workplace in the long run. The construction of the new propylene plant fits well into MOL Group’s updated SHAPE TOMORROW 2030+ strategy, since with the help of this development the company can constantly increase the ratio of non-fuel products in its portfolio.
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