Advertisement

If you have an ACS member number, please enter it here so we can link this account to your membership. (optional)

ACS values your privacy. By submitting your information, you are gaining access to C&EN and subscribing to our weekly newsletter. We use the information you provide to make your reading experience better, and we will never sell your data to third party members.

ENJOY UNLIMITED ACCES TO C&EN

Business

Budapest firm to invest $2 billion

by Alex Scott
November 14, 2016 | A version of this story appeared in Volume 94, Issue 45

MOL Group, a Budapest-headquartered petrochemical and energy firm, plans to invest $2 billion over the next five years to enhance existing chemical plants and build new ones. It will spend more than a quarter of the money to increase propylene yield and lubricants production at its steam crackers in Hungary and Slovakia. The firm also plans to add capacity for propylene oxide-based polyols for the automotive, packaging, and furniture industries. MOL currently produces more than 800,000 metric tons per year of propylene.

Article:

This article has been sent to the following recipient:

0 /1 FREE ARTICLES LEFT THIS MONTH Remaining
Chemistry matters. Join us to get the news you need.