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Reduce industrial energy bills through improved combustion control Lászlo Galambos, Frenc Stefán, István Kovács

Subject(s): Industria del Petroleo In: Hydrocarbon processing Vol.95, no.9, 2016: páginas 33-36Abstract: The last few years have been an extremely challenging period for the oil industry due to the adverse global economic environment and the impact of unfavorable external factors. In response, the downstream division of MOL Group launched a new downstream program with the clear objective of returning to the top quartile in Europe in terms of both operational efficiency and profitability. The new downstream program covers all elements of MOL's integrated downstream business, from supply chain management through refining and petrochemicals, to wholesale and retail. The program encompasses hundreds of independent actions targeting an increase in earnings before interest, taxes, depreciation and amortization (EBITDA) of $500 MM-$50 MM in 2014 vs. 2011.
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Holdings: Hydrocarbon processing Vol.95, no.9, 2016: páginas 33-36

The last few years have been an extremely challenging period for the oil industry due to the adverse global economic environment and the impact of unfavorable external factors. In response, the downstream division of MOL Group launched a new downstream program with the clear objective of returning to the top quartile in Europe in terms of both operational efficiency and profitability. The new downstream program covers all elements of MOL's integrated downstream business, from supply chain management through refining and petrochemicals, to wholesale and retail. The program encompasses hundreds of independent actions targeting an increase in earnings before interest, taxes, depreciation and amortization (EBITDA) of $500 MM-$50 MM in 2014 vs. 2011.

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