Overview

• Amtsgericht Duisburg appointed attorney Sarah Wolf as provisional insolvency administrator for the Duisburg site and the business continues operating.
• Both the Duisburg and Krefeld-Uerdingen facilities have entered insolvency proceedings, affecting roughly 700 workers, with Krefeld filing first last week.
• The administrator plans rapid talks with customers, suppliers, banks and employee representatives to assess restructuring options or a potential sale.
• Sarah Wolf attributes the crisis to sharply higher energy and raw‑material costs since the Ukraine war and the UK parent’s decision to stop funding while several UK group companies entered insolvency.
• Duisburg is reported as the group’s only profitable site, and employees have been urged to work steadily to attract buyers, following last year’s 290 job cuts after titanium‑dioxide production ended.