Investor Presentaiton
MOL GROUP REFINERY AND PETCHEM MARGINS
BRENT-BASED MOL GROUP REFINERY MARGIN¹ (USD/bbl)
PETROCHEMICALS MARGIN (EUR/t, old)²
AA
22,0
20,0
18,0
16,0
14,0
12,0
1000
800
600
400
200
Jan
10,0
8,0
Jul Aug Sep Oct
2022
Nov Dec
-2021
Feb Mar Apr May Jun
2016-2022 range OLD
NEW VARIABLE PETROCHEMICALS MARGIN (EUR/t)³
6,0
4,0
600
2,0
400
0,0
200
-2,0
0
Jan Feb Mar Apr May Jun
Jul Aug Sep Oct Nov
Dec
1
2 3
4
5 6
7
2016-2021 range original
2021
2022
-2023
-2022 OLD
2022 NEW
8 9 10 11 12
2023 NEW
IMPLIED YIELDS
IMPLIED YIELDS AND FEEDSTOCK
8.9% 5.2%
8.6% 5.1%
129.5%
11.5%
18.3%
10.6%
17.6%
100.0%
MOL
Group
refinery
margin
Complex
refinery
Polypropylene
Naphtha
Propylene
HDPE
37.3%
9.8%
margin
(MOL+SN)
11.3%
LDPE
117.5%
Ethylene
25.5%
Benzene
46.3%
46.8%
Butadiene
16.0%
8.3%
Gas and chemicals
Naphtha
Motor gasoline
Middle distillate
Own consumption and loss
(1)
Based on weighted Solomon refinery yields, contains cost of purchased energy
(2)
From January 2016 we use MOL Group Petrochemical Margin figures instead of Integrated Petrochemical Margin
(3)
From January 2023 we use Variable MOL Group Petrochemical Margin which incorporates energy costs and CO2 quotas with higher weights
Black product+VGO
7.6%
5.3%
Output
12.0%
Input
MOLGROUP | 75View entire presentation