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Hungary's MOL to Produce Disinfectant Sanitizer


Police officers block the road at the Austrian border in Hegyeshalom, northwestern Hungary, Tuesday, March 17, 2020.
Police officers block the road at the Austrian border in Hegyeshalom, northwestern Hungary, Tuesday, March 17, 2020.

Hungarian oil and gas group MOL said on Wednesday one of its factories had been converted to produce disinfectant sanitizer liquids to help combat the spread of the coronavirus.

MOL's managing director Peter Ratatics told a news conference the plant in Almasfuzito, western Hungary, would produce 50,000 liters of sanitizer liquids per day. The plant has been manufacturing car screen wash liquids.

MOL will also start producing sanitizers at its plants in Croatia and Slovakia to cover local needs.

Hungary has 226 confirmed cases of the coronavirus, and 10 people have died, according to official government figures.

Hungary's government is considering a national lockdown to combat the virus, Prime Minister Viktor Orban told lawmakers on Monday as his cabinet sought to secure emergency powers it says are needed to tackle the outbreak.

MOL shares were up 0.7% at 2,014 forints on Wednesday, underperforming the wider Budapest market which was 2.2% higher.

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    Reuters

    Reuters is a news agency founded in 1851 and owned by the Thomson Reuters Corporation based in Toronto, Canada. One of the world's largest wire services, it provides financial news as well as international coverage in over 16 languages to more than 1000 newspapers and 750 broadcasters around the globe.

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