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TVK changes name to MOL Petrolkémia

Hungarian petrochemicals company Tiszai Vegyi Kombinát (TVK), 100% owned by Hungarian oil and gas company MOL, has changed its name to MOL Petrolkémia, under which it will now operate, MOL reported on its website today.

It was reported in March that MOL had announced its 100% acquisition of Tiszai Vegyi Kombinát, Hungarian news agency MTI said. MOL is building a HUF 35 bln butadiene plant in Tiszaújváros, eastern Hungary, where TVK is located, MTI added.