• MOL Group has signed another contract with thyssenkrupp to produce polyether polyols and propylene glycol
• MOL Group has now secured all technology licenses and engineering resources for each production unit of the Polyol Project
• The Polyol Project will be the largest investment project of MOL Group in 2017-21
• MOL will move further along the petrochemical value chain towards semi-commodity and specialty chemicals products as part of its 2030 strategy

Budapest, 19^th October 2017 – Following the announcement made in July about entering into contracts with Evonik and thyssenkrupp to produce propylene oxide , MOL Group has reached the next milestone in its key strategic investment. The additional agreement signed with thyssenkrupp Industrial Solutions (Thailand) Ltd will cover technological steps to convert propylene-oxide into polyether polyols and propylene glycols.

The contract concerns the purchase of technology licenses, process design packages and front-end engineering design of the production units that convert propylene-oxide into polyether polyols and propylene glycols. Upon completion of the investment MOL Group is expected to become the main polyether polyol and propylene glycol producer in Central Europe.

The thyssenkrupp Polyol technology is based on its state of the art Jet Reactor design, which provides MOL the best available safety, quality, operability, flexibility and productivity.

Front-end Engineering including necessary product testing will be delivered from thyssenkrupp’s technology and R&D centre for Oleochemicals in Thailand. The contract also contains a pre-agreement for thyssenkrupp to supply and install the Polyether Polyol plant.

In line with its 2030 strategy, MOL Group will move further along the petrochemical value chain towards semi-commodity and specialty chemicals products, transforming into a leading chemical group in CEE. Polyether polyols, which serve as feedstock for polyurethane foam, were identified as the main direction in MOL’s petrochemical expansion due to their wide applications in the automotive, construction, packaging and furniture industries. Through this key investment MOL will become the only integrated polyol producer in CEE.

Propylene glycols, which constitute an additional product line in the project scope, are propylene oxide derivatives produced by most of the major forward integrated propylene oxide producers. Propylene glycols have a wide range of applications including the production of unsaturated polyester resins (UPR), personal care and pharmaceutical additives and other industrial applications.

By signing this contract, MOL Group has secured all technology licenses and engineering resources for each production unit of the Polyol Project. The contracts previously signed in July concerned the purchase of technology licenses and process design packages for the HPPO (hydrogen peroxide to propylene oxide) technology of propylene oxide production.

• New portfolio of fuels in the entire network of Slovnaft filling stations has been given a uniform name – “EVO”
• All EVO fuels have been provided with increased amount of additives that clean the engine and protect it in the long run from sedimentation and corrosion
• Better care for the engine is reflected by its more efficient operation, lower consumption, less disturbance and extended service life
• In addition to the new name, Slovnaft's service stations will have a mandatory European fuel labelling as a result of EU legislation

BRATISLAVA, October 4, 2017 - Slovnaft introduces a new portfolio of high-quality fuels into its network of petrol stations, which clean the engine and protect it from sedimentation. Tempo Plus and EVO fuels currently sold at all Slovnaft filling stations will be replaced by new fuels called EVO and EVO Plus with improved properties. These new brands will gradually be introduced in all 253 filling stations of Slovnaft as well as the mandatory European labelling of fuels, regulated by EU legislation.

Thanks to additives the new improved Slovnaft fuels clean the engine from sediments by up to 58 percent, as confirmed by an independent accredited company, better protecting the engine against pollution. A cleaner injection system contributes to optimum engine running, lower fuel consumption and lower failure rate. In addition to the EVO Plus premium fuel (previously EVO), an enhanced cleaning effect is also provided by basic EVO fuels (previously Tempo Plus).

The new range of EVO petrol contains 50 percent more cleaning and friction reducing elements. Additionally, the additives EVO diesel range was increased by 25 percent. With premium EVO Plus fuels, the positive effects on the engine, including the long-term stable engine performance and acceleration, are much more significant.ul

“Slovnaft wants to provide people on the road with the highest quality products and services. Until now we have always offered our customers the best quality fuels and we are still bound by this tradition. All the fuels went through a process of development which provides the consumers with even better quality. New type of fuels will be available across the network of 253 Slovnaft filling stations" said Timea Reicher, head of Slovnaft's Retail.

Innovated fully-additive fuels in the Slovnaft filling station network:

In addition to Slovnaft the new type fuels with improved features were introduced in the region of Central and Eastern Europe also by other networks of petrol stations which are part of the MOL Group. Customers can therefore buy EVO fuels with the same high quality anywhere. In Croatia these can be found under the Class label. "MOL Group has used its long-term experience and the latest knowledge in the development of the new EVO fuel portfolio. These innovated fuels are produced with the help of state-of-the-art technology and their modern additives provide the best care for the vehicle. MOL Group focuses on the customer needs and new trends in engine development. For the development of EVO fuels we have modified key components to meet the most important current needs of motorists”, said Lars Höglund, MOL Group Vice President for Retail.

The new trade names of EVO fuels in Slovnaft's retail network will be complemented by mandatory European labelling resulting from EU legislation. This unifies the designation of fuel at petrol stations throughout the European Union and makes it easier for foreign drivers to select them. Diesel has the European designation B7, petrol is labelled E5 and autogas is labelled LPG at all European filling stations.

Information on new EVO fuels and their effects can be found at http://evo.slovnaft.sk/.

• The application for the Freshhh program is now open until 3 November 2017 at freshhh.net
• Freshhh is an international gamified competition for top university students interested in the Oil & Gas industry
• Besides attractive financial rewards, many participants of previous editions launched their career within MOL Group
• Over the last years, the competition attracted over 25,000 students from more than 70 countries

Budapest, 12 October 2017 – Today, MOL Group opens a call for applications for the next edition of its talent acquisition program, Freshhh 2017. Launched for the eleventh year in a row, this award-winning competition allows top university students interested in the Oil & Gas industry to take part in an international online gamified competition and compete for exciting prizes.

Freshhh is an international online student competition, where student teams consisting of 3 members take charge of managing an integrated oil corporation. During the competition, participants will have to make decisions on oil and gas field development projects, the construction of a refinery, and will have to find the best product portfolio. In addition, students will also get the opportunity to set the strategy for retail network development as well as decide on investments and network expansion. Over the last years, the competition attracted over 25,000 students from more than 70 countries. Many previous participants were given an opportunity to kick-start their careers within MOL Group as part of the Growww program.

The Freshhh competition consists of three rounds. First, participants will go through online qualification, during which they will have around two weeks to build up a newly established oil corporation and make day-to-day business decisions on Exploration and Production, Downstream, Petrochemicals, and Retail operations. As the next step, the best 40 teams will take part in the online semi-final, where participants will work on solving professional quizzes and case studies. It will be followed by the Live Final event, expected to take place in January 2018 in Budapest, during which top 8 shortlisted teams will compete for final prizes. The three best performing teams will win prizes of a total of 25,000 EUR. The deadline for submission of applications is 3 November.

The competition enables young talents not only to prove their knowledge of related technologies but also to make strategic decisions that ensure the highest profitability while running an oil and gas company. Freshhh is also a way to build students’ interest in an oil and gas career, and encourage them to work in one of the most desirable companies in the region.

„Looking at MOL 2030 Strategy, which is very bold in creating new business opportunities, attracting young, diverse and talented people will be more important than ever for MOL to succeed in its industrial transformation journey and the strategic turn towards innovation. Over the years, our talent acquisition programs, including Freshhh and Growww, have provided an efficient outreach towards international talents, and we see it as a great investment for ensuring the company’s success. So far, Freshhh have opened up compelling career paths at MOL for many finalists, and thus I encourage everyone interested in this of the most complex industries to take up the challenge and apply.” – commented Zdravka Demeter Bubalo, HR Vice President of MOL Group.

“Freshhh was an exciting journey of learning and discovery, and it helped me realize that working in such a dynamic industry as Oil & Gas was for me the way to go. At the end of the competition I was admitted to the Growww program and afterward was offered a full-time position at MOL, as a result of strong engagement and contribution in the ever-changing environment.” – added Dusan Ilic, Retail New Services & Omni-channels Expert at MOL Group.

About MOL Group

MOL Group is an integrated, international oil and gas company, headquartered in Budapest, Hungary. It is active in over 30 countries with a dynamic international workforce of 25,000 people and a track record of more than 100 years in the industry. MOL’s exploration and production activities are supported by more than 75 years’ experience in the hydrocarbon field. At the moment, there are production activities in 8 countries and exploration assets in 13 countries. MOL Group operates four refineries and two petrochemicals plants under integrated supply chain management in Hungary, Slovakia and Croatia, and owns a network of 2,000 service stations across 10 countries in Central & South Eastern Europe.

Press contact:

Tamás Berzi
Spokesperson
m: +36 20 409 7632 | @: This email address is being protected from spambots. You need JavaScript enabled to view it.

• The new building will be called MOL Campus and will serve as the headquarters of MOL Group from 2021
• It is designed by Foster + Partners, a globally acclaimed architectural studio, known for such iconic projects as the new glass dome of the Reichstag in Berlin or the Apple Park in California
• For photos and videos of the design visit www.molcampus.hu/en

Budapest, 2nd October 2017 – Today, MOL Group announced its plans to relocate its corporate headquarters by 2021 to MOL Campus, the company’s new 83,000 sqm office, which will be designed by one of the most renowned architectural studios in the world, the UK-based Foster + Partners. The 120-meter high building, which will be the future workspace for up to 2500 employees, will be located on the banks of the Danube in the southern part of Budapest, close to the current HQ building. The modern design mirrors MOL Group’s bold vision of the 2030 strategy to drive changes in CEE over the few next decades and will also play an essential role in redesigning employee experience.

Meeting the ambitious targets of the new long-term strategy, MOL 2030, requires smart investments in both physical infrastructure and human capital. Currently MOL headquarters is scattered around five districts in Budapest, in buildings mostly constructed during the 1970s. The new campus will not only generate substantial operational synergies through the relocation of all Budapest staff, but will also play an essential role in redesigning employee experience, enhancing collaboration and helping create a superior physical, technological and cultural environment. This will be crucial in attracting and retaining a high quality, mobile and tech savvy workforce in the future.

The 83,000 sqm office building will integrate a 120-meter high tower with a podium to create a unified campus, anticipated to open by 2021. The new headquarters will provide an inspiring workspace for MOL’s employees with modern amenities, which embrace the latest architectural trends and cutting-edge technology. Foster + Partners is known for iconic projects such as Apple Park in Cupertino, the “Gherkin” tower in London and Commerzbank headquarters in Frankfurt. Budapest will be the second city in Central and Eastern Europe to host a building designed by this prestigious studio, next to the Warsaw’s Metropolitan Office and Varso Tower, currently under construction. The Hungarian partner of the UK-based architectural studio will be FintaStudio.

In line with MOL’s vision for 2030, the new campus will feature the highest standards of energy efficiency and sustainability and aims to obtain both LEED and BREEAM qualifications.

Zsolt Hernádi, Chairman-CEO, MOL Group commented: „In our 2030 strategy announced last year we have set the goal for MOL to be the first choice of employees. Building our new headquarters, the MOL Campus, will help to achieve this objective. With this building we will create Central-Europe’s most innovative workspaces which will help attract the talents of the future. Our intention is to build a headquarters without compromising design, construction, technology or sustainability. We are working with the best professionals and using highest quality materials. It will be a pleasure to work in this building. I am confident that MOL Campus, which we create together with Foster + Partners and FintaStudio, is a perfect representation of our ambition to make MOL Group one of the most progressive companies of the region.”

Nigel Dancey, Senior Executive Partner at Foster + Partners commented: “This is a landmark project for several reasons, not only for MOL but also for Budapest. It presents a unique challenge – to ensure that the building meets the functional needs of the organisation, follows the highest standards of sustainability, and is respectful of its historic surroundings. As we see the nature of the workplace changing to a more collaborative vision, we have combined two buildings – a tower and a podium – into a singular form, bound by nature. As the tower and the podium start to become one element, there is a sense of connectivity throughout the office spaces, with garden spaces linking each of the floors together.”

Notes to editors:

LEED: (Leadership in Energy and Environmental Design). The certification system was launched in the United States. New and also existing buildings can be rated within the framework of LEED system. LEED is a voluntary, consensus-based rating system for the environmental friendly buildings operated by the market which relies on the available and operative technologies. A project could achieve „Certified”, „Silver”, „Gold” or „Platinum” certification. The rating system was elaborated on five environmental categories (advantageous location from environmental aspect, efficiency of water consumption, energy and atmosphere, materials and tools and the quality of internal environment).

BREEAM: (Building Research Establishment Environmental Assessment Method) is the first environmentally conscious building certification system which was initiated in the United Kingdom. The aim of the system is to improve the quality of the built environment; commercial, trade and office buildings can be rated. BREEAM supports low energy consumption buildings, various solutions for improving water efficiency, and investments which do not affect green areas, but realized as brownfield projects and therefore have less effect on the environment. The BREEAM certificated buildings are classified into five categories: pass, good, very good, excellent and outstanding.

About MOL Group
MOL Group is an integrated, international oil and gas company, headquartered in Budapest, Hungary. It is active in over 30 countries with a dynamic international workforce of 25,000 people and a track record of more than 100 years in the industry. MOL’s exploration and production activities are supported by more than 75 years’ experience in the hydrocarbon field. At the moment, there are production activities in 8 countries and exploration assets in 13 countries. MOL Group operates four refineries and two petrochemicals plants under integrated supply chain management in Hungary, Slovakia and Croatia, and owns a network of 2,000 service stations across 10 countries in Central & South Eastern Europe.

Press contact:

Tamás Berzi
Spokesperson
m: +36 20 409 7632 | @:This email address is being protected from spambots. You need JavaScript enabled to view it.