page_title: MOL (company)
section_title: Downstream operations
hierarchical_section_title: MOL (company) / Operations / Downstream operations
caption_attribution_description: Română: Staţia de benzină MOL din Luduş, judeţul Mureş.English: MOL petrol station in Luduş, Transylvania. Magyar: MOL benzinkút Marosludason, Erdélyben.
context_page_description: MOL Plc., also commonly known as MOL Group, is a Hungarian multinational oil and gas company headquartered in Budapest, Hungary. Members of MOL Group include among others the Croatian and Slovak formerly state-owned oil and gas companies, INA and Slovnaft. MOL is Hungary's most profitable enterprise, with net profits of $1.1 billion in 2018. The company is also the third most valuable company in Central and Eastern Europe and placed 402 on the Fortune Global 500 list of the world's largest companies in 2013 with a revenue equal to one fifth of Hungary's GDP at the time.
  As of November 2018, the largest shareholder is the Hungarian state with 25.2% ahead of 9.8%, which MOL holds in treasury shares, OmanOil Budapest with 7.1% and OTP and ING Bank with 4.9% and 4.1% respectively. More than 45% of shares are free floated.
  MOL is vertically integrated and is active in every area of the oil and gas industry, including exploration and production, refining, distribution and marketing, petrochemicals, power generation, trading and retail.
context_section_description: MOL Group operates assets with a total of 20.9 mtpa refining and 2.2 mtpa petrochemicals capacity. Its downstream asset base includes 6 production units: 4 refineries and 2 petrochemical sites, and an extended regional logistics and wholesales network as an integrated value chain. Its refineries at Százhalombatta, Hungary and Bratislava, Slovakia, are among the most profitable ones in Europe, with Nelson complexity indexes of 10,6 and 11,5 respectively.
  MOL also produces and sells petrochemicals worldwide and is a leading petrochemical company in the Central Eastern Europe region. Its products are sold in more than 40 countries. MOL's petrochemical portfolio consists of high-quality polyolefin products (high- and low-density polyethylene, polypropylene) as well as butadiene.
  As part of its 2030 strategy, MOL targets a gradual increase of the share of valuable non-motor fuel products to above 50% by 2030 from below 30% currently. MOL intends to increase the feedstock for its petrochemical plants, whilst also taking advantage of the growing demand for profitable products as jet fuel, lubricants and base oils.
  As MOL aims to expand its petrochemical business, the company has earmarked EUR 1.2bn for investment in propylene-oxide based polyols, a high-value product applied in the automotive industry, packaging and furniture manufacturing. In 2018, it made a final investment decision on its Polyol Project, the biggest single investment of the company until 2021.
  To expand their petrochemical portfolio, MOL has signed a partnership with German APK in 2018, supporting the completion of APK's plastic-recycling plant in Merseburg. As part of circular-economy and sustainability endeavors, the plant pilots a process dubbed “Newcycling”, recovering high-quality materials from plastic waste. 
  For the natural gas division, the main focus is gas transmission via an extensive high pressure gas pipeline, which length exceeds 5,700 kilometres (3,500 mi).  MOL is a member of the Nabucco Pipeline project.
  In the field of renewable energy MOL develops geothermal power production through the, CEGE Central European Geothermal Energy Production, a partnership with Australian-based Green Rock Energy Limited.  The company supports the research of second generation biofuels at the University of Pannonia.
caption: MOL fuel station in Transylvania, Romania
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