# MOL and thyssenkrupp break ground on €1.2B polyol complex in Hungary

MOL Group and thyssenkrupp laid the foundation stone for a new polyol production complex in Tiszaújváros, Hungary. The €1.2 billion plant is expected to start operations in 2021 and produce 200,000 tons of polyols per year.

- Type: New facility
- Announced: 2019-09-27
- Where: Tiszaújváros, Hungary
- Value: $1.31B (1.20B EUR)
- Starts operating: 2021
- Status: under construction
- Capacity: 200,000 tons per year
- Products: polyols
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [MOL](https://endata.com/companies/9821.md)
- [Thyssenkrupp](https://endata.com/companies/833.md) (partner)
- [thyssenkrupp Industrial Solutions](https://endata.com/companies/2305.md) (partner)

## Sources

- [chemicalonline.com](https://www.chemicalonline.com/doc/mol-and-thyssenkrupp-lay-the-foundation-stone-for-new-polyol-complex-in-hungary-0001), 2019-09-27: "Today's laying of the foundation stone is an important step for the transformation of the chemical industry in Hungary and for the partnership between MOL and thyssenkrupp."
- [thyssenkrupp-industrial-solutions.com](https://www.thyssenkrupp-industrial-solutions.com/en/media/press-releases/mol-and-thyssenkrupp-lay-foundation-stone-for-new-polyol-complex-in-hungary-12736.html), 2019-09-27: "Today marks an important step for the transformation of the chemical industry in Hungary as well as for the cooperation between MOL and thyssenkrupp."
- [globalinsulation.com](https://www.globalinsulation.com/news/1534-mol-and-thyssenkrupp-start-construction-of-new-polyol-plant-in-hungary), 2019-10-02: "This investment project will make MOL Group one of the most important players in the region’s chemical industry, with MOL being the only Central and Eastern European company to control the entire value chain from crude oil extraction to polyol production."

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