Overview
- The insolvency court’s decision on Wednesday opened proceedings and triggered a prearranged transfer of Domo’s two Leuna units to Leuna Polyamid GmbH backed by InfraLeuna and Leuna‑Harze.
- Leuna Polyamid takes over the site and its financing at once, keeping 436 of roughly 500 jobs while issuing 39 layoffs tied to the restructuring.
- Saxony‑Anhalt kept a winter “notbetrieb” running to avoid environmental risks from a cold shutdown, and the state has now ended that support with reported costs ranging from a high single‑digit or low double‑digit million sum to about €80 million.
- The Domo Engineering Plastics site in Premnitz, Brandenburg, stays under the administrator as investors are sought, and the insolvency administrator said a rescue there is possible within about four weeks.
- The deal preserves a cornerstone of the Leuna chemical park, even as industry groups warn that high energy and raw‑material costs, weak demand, and import pressures keep East Germany’s chemical sector in a deep structural slump.