# MOL Group breaks ground on HUF 65B propylene plant in Tiszaújváros

MOL Petrochemicals held the foundation stone laying ceremony for a new greenfield propylene plant in Tiszaújváros, Hungary, with an investment of HUF 65 billion and capacity of 100,000 tons per year.

- Type: New facility
- Announced: 2022-03-23
- Where: Tiszaújváros, Hungary
- Value: $195.0M (65.0B HUF)
- Status: under construction
- Capacity: 100,000 tons per year
- Products: propylene
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [MOL](https://endata.com/companies/9821.md)
- [MOL Petrochemicals](https://endata.com/companies/39543.md)

## Sources

- [molgroupchemicals.com](https://molgroupchemicals.com/en/news/press-releases/new-plant-under-construction-in-tiszaujvaros-a-65-billion-chemical-investment-by-mol-group), 2022-03-23: "Official foundation stone laying ceremony of the new propylene plant of MOL Petrochemicals took place in Tiszaújváros."

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