Overview
- Belgium-based Domo Chemicals had halted production at its three German sites after insolvency earlier in January.
- Creditors refused to provide interim financing despite talks convened by Economics Minister Sven Schulze, leading to the state's directive.
- Insolvency administrator Lucas Flöther says the shift to emergency operation is ongoing and the order creates time to explore a takeover.
- Current weather conditions prevent a safe shutdown of the Leuna facilities, so limited production is being maintained for hazard prevention.
- The disruption threatens regional suppliers and jobs, with about 480 employees at Domo Caproleuna in Leuna and roughly 63,000 people employed in the East German chemical-pharmaceutical sector.