Explosion at MOL's Tiszaujvaros petrochemical plant kills one, injures several
An explosion at Hungarian oil and gas group MOL's (MOLB.BU), opens new tab petrochemical plant in Tiszaujvaros, eastern Hungary, has killed one person and seriously injured several others, the company said in a statement on Friday.
"An explosion occurred at MOL Petrochemicals' site in Tiszaújváros during the restart of the Olefin 1 plant. The fire was localised by firefighters, and the intervention is still ongoing," MOL said.
The Olefin 1 plant is a steam cracker unit at MOL's petrochemical plant in Tiszaujvaros. The production capacity of MOL's Olefin-1 plant is approximately 370,000 metric tons of ethylene per year. There are two steam crackers in Tiszaujvaros with 660 kt/y ethylene capacity according to MOL's own website.
MOL uses the majority of its ethylene internally to manufacture polyethylene plastics, which are sold to the plastics and packaging industries.
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