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Burckhardt Compression wins modernisation project

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Hydrocarbon Engineering,

Burckhardt Compression has announced that it has been selected to modernise MOL Petrochemicals' third-party Hyper Compressor at its low density polyethylene (LDPE) plant in Tiszaújváros, Hungary.

The Hyper Compressor at the LDPE plant has been in operation at MOL Petrochemicals since 1991.

The project scope includes the Burckhardt Hypropack™ cartridge system, plungers and central valves for two second-stage cylinders, which will be installed using special tools.

Burckhardt Compression will deploy qualified service engineers and provide specific training for MOL Group both on-site and at its headquarters in Switzerland.

In line with its strategy MOL Group 2030, the company is diversifying away from motor fuels and expanding its petrochemicals portfolio with the aim of becoming a leading chemical company in Central and Eastern Europe. As such, it plans to invest approximately US$4.5 billion on growth projects by 2030, deepening its downstream integration throughout the value chain whilst also moving towards semi-commodity and specialty products. MOL also commissioned a new butadiene plant last year, while a synthetic rubber plant (SSBR) - currently under construction - is scheduled to start operations in 2018.

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