Hungary's MOL Plans Butadiene Unit

Oil and gas company MOL (Budapest) says it will invest Ft30 billion ($138 million) to build a previously announced butadiene plant at the Tiszaújváros, Hungary, site of TVK, the petrochemicals subsidiary of MOL. The project forms part of a planned Ft300-billion investment program by MOL across its exploration, production, refining, and marketing operations in Hungary over the next three years. The program includes the reconstruction of a petrochemicals pipeline between MOL's Duna refinery near Budapest and the Tiszaújváros site. MOL...

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