Lummus Technology, a global provider of process technologies and value-driven energy solutions, and MOL Group, the leading integrated Central Eastern European oil and gas corporation, have announced their agreement to cooperate in the deployment and integration of chemical recycling of plastics at MOL’s assets in Hungary and Slovakia.

Chemical recycling of plastics is part of MOL’s commitment to collect close to 5 million tonnes of municipal solid waste, which includes the treatment and related investments.

Lummus Technology, a leading provider of process technologies and energy solutions, will deploy its waste plastic pyrolysis technology to enable MOL to convert plastic waste into high-value chemicals and feedstocks, supporting MOL's commitment to circularity and sustainability.

MOL has been investing in plastics recycling and has acquired companies involved in recycled plastics production. The collaboration with Lummus Technology will enhance MOL's plastic recycling capabilities and help optimize their value chain. The technology provided by Lummus is a reliable and environmentally beneficial solution for addressing the global plastic waste problem.

To find out more about the partnership, proceed to Lummus Technology’s website.