MOL begins construction of HUF 300m rubber bitumen plant in W Hungary

Pharma

Hungarian oil and gas company has begun construction of a HUF 300m plant at its refinery in Zalaegerszeg (W Hungary) to produce MOL-patented rubber-bitumen from a mixture of bitumen and used tires, MOL Product Development Director Andras Hollo announced on Wednesday.

Mr Hollo said that MOL had received HUF 128m in state funding for the investment through the Economic Development Operative Program.

The MOL product development director said that the company expects to begin trial production of the patented rubber bitumen this summer.

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.

Support the BBJ

Industry