Domo Chemicals Units File for Insolvency as Funding Talks Fail
An employee at the Domo Chemicals plant in Leuna, Germany.
Photographer: Jan Woitas/dpa/AP PhotoDomo Chemicals’ German subsidiaries have filed for insolvency after talks for further short-term financing broke down.
The Belgium-based manufacturer of polymers and plastics has been undergoing restructuring since 2024, prompting negotiations with its bank lenders over its debt load.