MOL Group

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MOL Plans Large Green Hydrogen Facility

Hungarian oil, gas and petrochemicals group MOL has teamed up with US hydrogen systems supplier Plug Power to build a green hydrogen production plant in Százhalombatta. MOL is investing €22 million in the project.

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MOL Starts Biofuels Production at Danube Refinery

Energy and petchems group MOL has begun producing biofuels at its Danube Refinery in Szazhalombatta, Hungary, processing vegetable oils, used cooking oils and animal fats together with fossil fuel components to create more sustainable diesel. Over the next five years it plans to invest $1 billion in new, low-carbon and sustainable businesses to become a key player in the central and eastern European circular economy.

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