Hungary's MOL expects Danube refinery to return to full capacity in Q3 2026
Dec 17 (Reuters) - MOL Nyrt MOLB.BU says in a statement on its official website:
MOL GROUP EXPECTS REPARATION WORKS TO BE FINISHED AND ITS DANUBE REFINERY TO RETURN TO FULL CAPACITY IN Q3 2026
MOL GROUP SAYS IN ORDER TO MITIGATE PRODUCTION LOST AT DANUBE REFINERY IT HAS INCREASED THE PROCESSING OF SEMI-FINISHED FEEDSTOCK
EXPECTS PRODUCTION LOSS AROUND 30% ON AVERAGE AT DANUBE REFINERY DUE TO RECENT FIRE INCIDENT
WILL INTENSIFY TRANSFER OF PRODUCTS FROM ITS BRATISLAVA REFINERY AND WILL INCREASE THIRD PARTY IMPORTS FROM THE REGION
BASED ON INITIAL ASSESSMENT THE FIRE AT ITS DANUBE REFINERY IN OCTOBER 2025 WAS CAUSED BY EQUIPMENT FAILURE AND A RESULTING PUMP RUPTURE
MOL SAYS GROSS NEGLIGENCE, WILFUL MISCONDUCT OR OTHER EXTERNAL IMPACT CAN BE EXCLUDED AS POSSIBLE ROOT CAUSES
Source text: [ID:https://molgroup.info/en/investor-relations/investor-news/mol-foresees-reparation-works-in-danube-refinery-to-be-finished-in-q3-2026]
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