Burckhardt Compression was selected to modernise MOL Petrochemicals’ hyper compressor
| Subj: Media reviews
The hyper Compressor at the LDPE plant has been in operation at MOL Petrochemicals in Tiszaújváros, Hungary, since 1991.
The MOL Group has already worked with Burckhardt Compression at another LDPE site, and after successful collaboration decided to entrust Burckhardt Compression with this modernisation project.
The project scope includes the Burckhardt HypropackTM cartridge system, plungers and central valves for two second-stage cylinders, which will be installed using special tools, all under the supervision of highly qualified reciprocating field service specialists. Burckhardt Compression will maintain a high level of service by deploying qualified service engineers and providing specific training for MOL Group both on-site and at its headquarters in Switzerland.
MOL Group, an integrated, international oil and gas company, has petrochemical plants in Tiszaújváros, Hungary and Bratislava, Slovakia with combined annual production of 1.25 million tonnes. 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 a consequence, it plans to invest around $4.5bn 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.