MOL Group Turns Plastic Waste Into High Value Products With First Circular Feedstock Test At Its MOL Petrochemicals Site In Tiszaújváros
MOL Group has achieved a significant milestone in its SHAPE TOMORROW Strategy by successfully completing its first ISCC PLUS-certified production run using circular feedstock at its MOL Petrochemicals site in Tiszaújváros, Hungary.
The pilot test demonstrates MOL’s ability to convert circular feedstock, namely post-consumer plastic waste-based feedstock into high-quality polyethylene (PE) and polypropylene (PP). This marks a major step in MOL Group’s SHAPE TOMORROW strategy to integrate circular economy into production and establish itself as a leader in sustainable petrochemicals in Central and Eastern Europe.
“This successful test shows that MOL Group can now process circular feedstocks according to ISCC PLUS certified process, turning plastic waste into new, high-value products,” said Péter Császár, Senior Vice President, MOL Group Chemicals. “It is a significant step towards sustainable petrochemicals and strengthens our position as a leading circular economy player in Central and Eastern Europe.”
During the pilot, circular feedstock based on post-consumer waste was introduced to MOL’s steam cracker. This process allows the production of circular-based monomers (the smallest building block of plastics) and then converts them into polymers. During the process, the mass balance approach was applied, a methodology that tracks and accounts for circular material when processed together with traditional inputs, ensuring the balance of the total process flows.
This achievement follows the ISCC PLUS certification, which was achieved by MOL Petrochemicals in Tiszaújváros and Slovnaft in Bratislava in 2024 for steam cracker and polymerization units. Maximizing synergies with waste management is central to MOL Group’s SHAPE TOMORROW strategy. The company aims to continue the transformation towards circular chemicals and to utilize up to 1.5 million tonnes of feedstock for the energy industry by 2030. This is supported by a growing portfolio that includes a concession to manage municipal waste in Hungary, past acquisitions in plastics recycling in Hungary and partnerships to advance chemical recycling technologies.
MOL Group will continue testing additional circular feedstocks and developing new processes to expand the role of waste as a raw material for plastics production.
MOL Group is an international, integrated oil, gas, petrochemicals and consumer retail company, headquartered in Budapest, Hungary. It is active in over 30 countries with a dynamic international workforce of 25,000 people and a track record of more than 100 years. MOL Group operates three refineries and two petrochemical plants under integrated supply chain-management in Hungary, Slovakia and Croatia, and owns a network of almost 2400 service stations across 10 countries in Central & South-Eastern Europe. MOL’s exploration and production activities are supported by more than 85 years’ experience in the field of hydrocarbons and 30 years in the injection of CO2. At the moment, there are production activities in 8 countries and exploration assets in 9 countries. MOL is committed to transform its traditional fossil-fuel-based operations into a low-carbon, sustainable business model and aspires to become net carbon neutral by 2050 while shaping the low-carbon circular economy in Central and Eastern Europe.
#molgroup #Modernplasticsindia #Pasticsnews #ModernPlasticsIndiaMagazine
#PrintPublication #Modernplasticsindia
