Biofuel Production Significantly Up in Hungary

Rossi Biofuel Plc., partially owned by the Hungarian oil and gas company Mol, is already capable of producing more than 200,000 tons of biofuel per year.

A statement issued on the occasion of the International Day of Biodiesel points out that the Mol Group, through its long-term strategy called "shape tomorrow," is increasingly focusing on renewable fuels such as biodiesel, which is made from vegetable oils, animal fats, used cooking oil or waste and the inclusion of the circular economy increases the contribution of organic and waste material flows to production.

The use of biofuels not only reduces the amount of carbon dioxide entering the atmosphere, but in proportion to the amount of the mixed component, traffic and, through this, the economy's dependence on petroleum are eased. They highlighted: one ton of biodiesel saves about two to three tons of carbon dioxide compared to fossil diesel.

The Mol Group supplies nine countries with fuel, in which hundreds of thousands of tons of biodiesel or bioethanol, as well as other materials of renewable origin, are mixed.

Mol has been present in biodiesel production since 2008 through its partially owned Rossi Biofuel Plc., which has now significantly increased the amount of biofuels produced in Hungary with a capacity of more than 200,000 tons per year.

A quarter of the capacity is made up of so-called advanced biodiesel, which also enables the processing of fatty waste of various types and origins, such as used cooking oils, animal fats or residues from vegetable oil production, they pointed out.

Since 2011, used cooking oil can also be dropped off at designated Mol filling stations, so with the participation of the public, around 3,000 tons of used cooking oil have been collected until the first half of 2023. After that, MOHU multiplied this amount with the start of the concession: already in the second half of 2023, it collected about 6 thousand tons of used cooking oil, since used cooking oil can now be handed in at all waste yards.

In 2022, in cooperation with Budapest Airport, Wizz Air andthe airport fuel supply company RÜK, Mol also started the commercial testing of sustainable aviation fuel.

Due to the world's ever-increasing energy demand, an increasingly diverse fuel portfolio will be needed, which is why Mol is testing a number of additional technologies in addition to biofuels.

In April of this year, the company handed over the new green hydrogen plant of the Dunai Finomító, where 1,600 tons of the energy carrier are produced per year to be used in the production of fuel, thus reducing the refinery's carbon dioxide emissions by about 25,000 tons per year.

The Mol group is an international, integrated oil, gas, petrochemical and consumer retail company, present in more than 30 countries, employing a total of 24,000 employees. It operates three refineries and two petrochemical plants under integrated supply chain management in Hungary, Slovakia and Croatia, and has a network of almost 2,400 filling stations in ten countries in Central and Southeastern Europe. It currently carries out production activities in eight countries and has research equipment in nine countries.