MOL Plc has received a $150 million dollar loan over 8.5-years from the European Bank for Reconstruction and Development (EBRD) to refurbish a facility of the Slovnaft group, a subsidiary company in Slovakia.
The loan to MOL is in order to replace a Slovnaft group polyethylene plant. In addition, the project will improve energy efficiency and product quality, and help to create lower emission rates.
