A massive explosion tore through the Olefin 1 plant in Tiszaújváros this morning while workers were trying to restart the unit …
The blast was reportedly triggered by a compressor failure that set off a fire and sent huge plumes of black smoke over the facility …
Prime Minister Peter Magyar and top energy officials are already on site to deal with the fallout and figure out how this happened …
MOL says the fire has been localized and put out, but the plant is currently paralyzed while experts dig into the wreckage …
This is a heavy blow for the region’s energy infrastructure, especially since the company was already struggling with repairs at its Danube refinery …
The injured were flown out by helicopter and taken to nearby trauma centers, but the loss of life is already being confirmed by the company …
🚨🇭🇺#BREAKING | NEWS ⚠️
Update another massive explosion at the biggest oil and gas facility in Hungary.One person has died in seven people are suffering from serious burns. This was at the
Mol Petrol facility in eastern hungry.🔥 pic.twitter.com/IclbmyC191— Todd Paron🇺🇸🇬🇷🎧👽 (@tparon) May 22, 2026
Explosion at MOL’s Tiszaujvaros petrochemical plant in Hungary kills one
BUDAPEST, May 22 (Reuters) – An explosion at Hungarian oil and gas group MOL’s petrochemical plant in Tiszaujvaros, eastern Hungary, has killed one person and injured several others, the company said in a statement on Friday.
Prime Minister Peter Magyar said in a Facebook post that his economy minister Istvan Kapitany and MOL’s executive chairman Zsolt Hernadi were en route to the plant. Magyar also posted a photo that showed huge black smoke billowing out of the plant.
“An explosion occurred at MOL Petrochemicals’ site in Tiszaújváros during the restart of the Olefin 1 plant. The fire was localised by firefighters, and the intervention is still ongoing,” MOL said.
“The circumstances of the accident are being investigated by experts,” the company added, without giving further details.
MOL shares were down 1.9%, underperforming the wider market in Budapest.
Kapitany said on Facebook that according to current information, a compressor exploded during the restart of the Olefin 1 plant and the fire was still being put out.