IHS Chemical Week

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Hungary (93)


MOL makes tender offer for outstanding TVK shares
Hungary’s energy major MOL (Budapest) on Tuesday made a public tender offer to acquire shares it does not already own in Hungary’s chemicals producer TVK (Tiszaújváros). The offer is priced at 4,984 forints/share ($18.40) for...

TVK's third-quarter operating profit leaps 53% on sales down 6.8%
Petrochemical producer TVK (Tiszaújváros, Hungary) says its net sales in third-quarter 2014 were 94.9 billion forint ($381 million) compared with Ft101.8 billion (restated) in the year-ago period, a fall of 6.8% year-on-year. Ebitda jumped to...

Serbia's HIP Petrohemija signs preliminary deal for PP project
HIP Petrohemija (Pancevo, Serbia) says it has signed a preliminary agreement with the Pancevo municipal authority for construction of a polypropylene (PP) plant at HIP Petrohemija's Pancevo petrochemical complex. The PP project would cost an estimated...

BorsodChem launches mercury-cell chlor-alkali plant replacement project
BorsodChem (Kazincbarcika, Hungary) says it has started preparations to replace its 125,000-m.t./year mercury-cell chlor-alkali plant at Kazincbarcika with a membrane-cell plant. The project is expected to be completed by December 2017. BorsodChem already...

DuPont signs preliminary agreement for cellulosic ethanol project in Macedonia
Ethanol Europe Renewables Ltd. (Dublin) and DuPont are planning to participate in a cellulosic ethanol project in Macedonia, according to several press reports citing the Macedonian government. The plant would produce cellulosic ethanol and be located near...

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