MOL Petrochemicals Co. Ltd. (member Of MOL Group)

MOL Petrochemicals Company Limited by Shares (hereinafter MOL Petrochemicals, formerly called TVK Plc.), located in Tiszaújváros, is the largest chemical enterprise in Hungary by sales revenue. MOL Petrochemicals has more than four decade experience in producing commodity polymers in competitive quality for the plastics processing industry, which products are fundamental for a wide range of industrial application and for production of a huge number of consumer goods that are essential to our everyday lives. MOL Petrochemicals, along with the petrochemical unit of Slovnaft a.s. – as part of the Downstream Division of MOL Plc.- holds leading position in petrochemical sector in the Central Eastern Europe. Regarding the producing capacities, the two companies together are one of the ten largest polymer producers in Europe. MOL Petrochemicals and its Slovakian partner are operated along the MOL Group optimum and exploit the benefits of integrated polymer sales. Our core lines of business We supply polymer products in competitive quality mainly to European plastic processing companies. Beyond our main profile, we sell olefins and other petrochemical co-products to regional chemical and oil companies, so to MOL as well. Our core activity includes two major production lines: • Olefin production • Polyolefin production: the production of low and high density polyethylene and polypropylene. Exploiting the benefit from the presence of other MOL businesses we conduct our sales activity through polymer sales representatives at MOL’s foreign trading subsidiaries in Austria, Poland, Germany, Italy, Romania and in Ukraine. MOL Petrochemicals operates 100% owned sales subsidiary in France so far. We supply feedstock especially to European small and medium size plastic converters – 97% of our polymer products have been placed in European markets in 2012.