MOL building new rubber bitumen plant

MOL provides 75% of the HUF 3 billion investment from its own resources, and 25% is financed through the Hungarian government’s Enterprise Investment Support Program.

Hungary’s Minister of Finance Mihály Varga, Zalaegerszeg Mayor Zoltán Balaicz and MOL Chairman-CEO Zsolt Hernádi have laid the foundation stone of the new rubber bitumen plant.

The rubber bitumen plant is expected to start production next year, with a capacity of 20 000 tpy. MOL’s rubber bitumen can be used to build more durable asphalt roads with higher load capacity and less maintenance costs.

The rubber bitumen, which is produced using environmentally friendly technology will be used primarily in the domestic market for road construction. The patented technology is the result of a collaboration between MOL and Pannon University. The new plant uses 3000 tpy of crumb rubber to produce rubber bitumen, which contributes to the recycling of approximately 0.5 million used tyres.

MOL has been producing hydrocarbons for over 80 years in the Zala region, and has been refining for over 65 years. The Zala Refinery, a 5000 t capacity rubber bitumen plant, was launched in 2012 and the new plant will be built to respond to increased demand. The new plant will contribute to the efficient operation of the Zala Refinery and will secure refinery jobs for some 100 workers.

Read the article online at: https://www.hydrocarbonengineering.com/refining/22052019/mol-building-new-rubber-bitumen-plant/