Tiszujvaros, Hungary – Hungarian petrochemical company Mol says that construction at its 200kT/year polyol plant is now 70% complete.
The information came in the company's third quarter results announcement. It said the project is somewhat behind schedule because of the pandemic. Safe working protocols to mitigate infection risk are in place on the site.
'All the main equipment has reached the site, and hae been lifted into place,' it said. 'Steel structure erection is ongoing.'
Mol laid the foundation stone for the new site in September 2019. When complete, the polyol business should contribute EUR150m/year to its EBITDA. Fluor is managing the project which, when first announced in 2018, was scheduled to be fully on stream in 2023.