# ENEOS acquires MOL's 49% stake in synthetic rubber joint venture

ENEOS Materials Corporation agreed to acquire MOL's 49% stake in ENEOS MOL Synthetic Rubber Kft (EMSR), giving ENEOS 100% ownership. The transaction is expected to close in Q1 2025, subject to regulatory approval.

- Type: Acquisition
- Announced: 2024-11-29
- Where: Tiszaújváros, Hungary
- Status: announced
- Capacity: 60 ktpa
- Products: solvent styrene butadiene rubber (S-SBR)
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [MOL](https://endata.com/companies/9821.md) (target)
- [ENEOS Materials Corporation](https://endata.com/companies/81428.md) (acquirer)

## Sources

- [molgroup.info](https://molgroup.info/en/investor-relations/investor-news/eneos-acquires-mols-49-stake-in-eneos-mol-synthetic-rubber-kft), 2024-11-29: "Under the terms of the agreement, EMSR will continue its production activities at the Tiszaújváros plant and MOL will remain a key feedstock, utility and service provider of the company."

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