Polyol integrated chemical complex, Hungary

26th October 2018 By: Sheila Barradas - Creamer Media Research Coordinator & Senior Deputy Editor

Polyol integrated chemical complex, Hungary

Name of the Project
Polyol integrated chemical complex.

Location
Tiszaújváros, in northern Hungary.

Client
MOL Group.

Project Description
The project will make MOL Group the only integrated producer of polyether polyols – important intermediates for products in the automotive, construction, packaging and furniture industries – in Central and Eastern Europe.

The project entails the construction of an integrated chemical complex on a 50 000 m2 site, with a production capacity of 200 000 t/y of polyether polyol. It includes the construction of plants for the production of the necessary intermediates hydrogen peroxide and propylene oxide, several production lines for polyether polyols and propylene glycol, as well as related supply infrastructure.

Potential Job Creation
Not stated.

Value
The project entails an investment of about €1.2-billion.

Duration
The project is schedule to enter production in 2021.

Latest Developments
thyssenkrupp Industrial Solutions has been awarded the engineering, procurement and construction (EPC) contract for the entire project.

Groundworks and basic construction activities are set to begin in the fourth quarter of this year.

Key Contracts and Suppliers
thyssenkrupp’s Industrial Solutions (EPC).

On Budget and on Time?
Too early to state.

Contact Details for Project Information
MOL Goup, tel +36 1 209 0000.