# Thyssenkrupp to build $1.4B chemical complex for MOL in Hungary

Thyssenkrupp's Industrial Solutions business area received a major EPC order from MOL Group to build an integrated chemical complex in Hungary. MOL is investing around EUR 1.2 billion in the project, which will produce 200,000 tons of polyether polyol annually and is scheduled to start operation in 2021.

- Type: Contract
- Announced: 2018-09-12
- Where: Hungary, Hungary
- Value: $1.37B (1.20B EUR)
- Status: announced
- Capacity: 200,000 tons per year of polyether polyol
- Products: polyether polyol
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Thyssenkrupp](https://endata.com/companies/833.md)
- [Thyssenkrupp](https://endata.com/companies/833.md) (supplier)
- [MOL](https://endata.com/companies/9821.md) (customer)

## Sources

- [turkchem.net](https://turkchem.net/en/english/thyssenkrupp-receives-major-order-for-new-chemical-complex-in-hungary), 2019-01-31: "MOL is investing a total of around EUR 1.2 billion in the new plant complex."
- [turkchem.net](https://turkchem.net/en/haberler/thyssenkrupp-macaristanda-yeni-kimya-kompleksi-icin-buyuk-hacimli-bir-is-aldi), 2019-02-01: "MOL Group will invest approximately EUR 1.2 billion in the new facility complex."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.