Polytechnyl, the French subsidiary of Domo Chemicals, has been placed in receivership, affecting sites near Lyon and Valence and putting 540 jobs under uncertainty.
DOMO Chemicals Germany insolvency DOMO Chemicals Germany Files for Insolvency DOMO Chemicals Germany is facing a critical restructuring phase after three of its German subsidiaries filed for insolvency. The affected companies are DOMO Chemicals GmbH, DOMO Caproleuna GmbH, and DOMO Engineering Plastics GmbH. These entities form an important part of the Belgian-headquartered DOMO Group, a…
China’s booming electric-vehicle sector is now confronting a severe challenge: large-scale surplus production. Factories are underused, inventories are rising, and deep price cuts are eroding profitability. This article explores why china ev overproduction is intensifying, how it impacts global markets, and why industry consolidation appears increasingly inevitable.
