Overview
- The Amtsgericht Halle/Saale officially opened the insolvency procedure on October 1 and appointed Lucas Flöther as insolvency administrator.
- Production has been scaled down since late September and the last product shipments are scheduled to leave the site in the first days of October.
- About 440 employees were notified of dismissals in October with contracts set to end at the end of January and will remain on site to secure, empty, and clean the plants while paid from the insolvency estate.
- The insolvency estate lacks sufficient funds to finance full dismantling, large parts of assets were released from the estate, and Saxony‑Anhalt will oversee shutdown and hazard prevention with potential additional costs for the state.
- Leuna Polyamid had restarted operations in April after taking over DOMO Caproleuna but a search for an investor failed and the company cites sharply higher energy and raw‑material costs for the collapse of the restart.