Hungary's oil and gas group Mol plans to launch commercial operation at its new 130,000 ton butadiene plant in Q4-2015. The company has other expansion planned as it starts to build a new S-SBR plant this month and reaches mechanical completion of a new LDPE unit in Bratislava, as per www.portfolio.hu.
The butadiene extraction unit has been commissioned and full commercial operations are expected to begin in the current quarter. The unit, constructed at the site of Mol Petrochemicals in Tiszaújváros (Hungary), will produce feedstock material for synthetic rubber. The unit’s total required capital expenditures amount to around US$150 mln.
The project of Mol Group and its joint venture partner JSR to build a new plant to manufacture solution polymerization styrene-butadiene rubber (S-SBR) comes to a major milestone, when the construction groundwork of the new 60,000 tpa capacity plant will begin in November 2015 at the site of Mol Petrochemicals in Tiszaújváros (Hungary). Mol Group will hold a 49% stake in the joint venture whilst the remaining 51% will be held by JSR.
"The partnership with JSR provides Mol Group with the possibility to further expand its petrochemical product portfolio along the value chain, as a stable supply of feedstock material to the new plant can be secured from the adjacent butadiene extraction unit. It is expected that mechanical completion of the new S-SBR plant will take place by the end of 2017," Mol said.
Construction of the new 220,000 tpa capacity LDPE4 unit in Slovnaft has reached mechanical completion and commercial production is expected to begin in Q1 2016. The new unit, which will replace three out-of-date units with a combined capacity of 180,000 tpa, will increase production flexibility, reduce production costs, improve product qualities and ensure higher naphtha off-take from the refinery. The unit’s total required capital expenditures amount to around US$350 mln.
17-Nov-15 
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