MOL to support the CEE and Turkey Refining and Petrochemical Summit in Budapest this October

The past year has seen difficulties for the CEE region, but good news is on the horizon. With Turkey leading investments and new projects, companies such as MOL are among those leading the way in the CEE region in terms of investing in its downstream portfolios.

The CEE and Turkey Refining and Petrochemical Summit is the annual meeting place for refiners and petrochemical producers and the only event of its kind dedicated to the CEE and Turkey region. Taking place in Budapest, Hungary from the 13th-15th October, the event will feature senior decision makers from across the region and their case studies, delivering unparalleled insight, critical analysis and clarity on the future of refining and petrochemicals in the region.

Cost disadvantages and tough regulations have made Europe the weakest link in global refining under strong import pressure. It might seem on the surface that Europe continues to struggle on whilst globally other regions’ competitive advantage grows. However efforts to remain agile and innovate and drive results from what some argue are more favorable external conditions for European refiners cannot go unnoticed.

Investments at MOL in a challenging economic climate

Take MOL for example, our official supporter this year in Budapest, who just posted their ‘Best quarterly results ever!’ According to MOL, ‘Apart from the better margins, improving market demand and continuous internal efficiency improvement contributed to the record-high results to a large extent’.

Discussing the successes and future investment plans at MOL will be Krisztina Szabó Petrényiné, Petrochemical Product Line Group Manager, and David Pullan, Group Downstream Development Senior Vice President. We are also delighted to have the following senior representatives from the region as just part of the distinguished speaker panel to join us to reveal insightful case studies and project experience:

• Kenan Yavuz, CEO, SOCAR Turkey
• Robert Storey, Managing Director, SOCAR Turkey
• Ziya Gurun, Izmit Refinery Manager, Tupras
• Giacomo Rispoli, Executive Vice President, ENI
• Giordano Serafini, Head of Production Planning, OMV Petrom
• Florian Constantinescu, Secretary General, Refining and Petrochemicals, Saras
• Branislav Kacko, Project Manager, Slovnaft

Key issues and topics discussed will include:

• Realizing value further downstream through a petrochemical spotlight
• Market perspectives and the impact of international supply and demand dynamics on European refining
• Energy efficiency
• Oil price and its impact downstream
• Operational excellence in the CEE and Turkey region

Following the 2 day conference there will also be an exclusive visit to MOL’s Danube Refinery on the 15th October.

Event dates and location:
Conference: 13th-14th October
Site visit: 15th October
Location: Sofitel Budapest Chain Bridge Hotel, Budapest, Hungary
Event website:

For more information, interviews and media accreditation:
Communications Manager: Rosie Brewster
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Tel: +44 (0) 20 7384 8013

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