DOMO Halts Production in Germany as Insolvency Crisis Deepens, Threatening 585 Jobs, Chemical Supply Chains, and the Future of Polyamide Manufacturing – Polymers and Petrochemicals prices 12-01-2026
DOMO halts production in Germany – Full price table (05/01/2026 →12/01/2026)
| ITEM | 05/01/2026 | 12/01/2026 | +/− |
|---|---|---|---|
| Bottle grade PET chips domestic market | 6,020 yuan/ton | 6,120 yuan/ton | +100 |
| Chinese bottle-grade PET chips FOB export price | 795 $/ton | 805 $/ton | +10 |
| LDPE CFR Est China | 950 $/ton | 950 $/ton | – |
| PET Semidull — Fiber chips | 5,760 yuan/ton | 5,800 yuan/ton | +40 |
| PET Bright — Fiber chips | 5,800 yuan/ton | 5,840 yuan/ton | +40 |
| Pure Terephthalic Acid PTA domestic market | 5,070 yuan/ton | 5,110 yuan/ton | +40 |
| Pure Terephthalic Acid PTA FOB China | 652 $/ton | 660 $/ton | +8 |
| Monoethyleneglycol (MEG) South China | 3,850 yuan/ton | 3,880 yuan/ton | +30 |
| Monoethyleneglycol (MEG) CFR China | 449 $/ton | 445 $/ton | -4 |
| Paraxylene PX FOB Taiwan market | 871 $/ton | 868 $/ton | -3 |
| Paraxylene PX FOB South-Korea market | 872 $/ton | 869 $/ton | -3 |
| Paraxylene PX FOB EU market | 845 $/ton | 851 $/ton | +6 |
| Polyester filament POY 150D/48F domestic market | 6,500 yuan/ton | 6,700 yuan/ton | +200 |
| Recycled Polyester filament POY domestic market | 5,900 yuan/ton | 5,900 yuan/ton | – |
| Polyester filament DTY 150D/48F domestic market | 7,750 yuan/ton | 7,750 yuan/ton | – |
| Polyester filament FDY 68D/24F | 7,450 yuan/ton | 7,650 yuan/ton | +200 |
| Polyester filament FDY 150D/96F domestic market | 6,750 yuan/ton | 6,900 yuan/ton | +150 |
| Polyester staple fiber 1.4D 38mm domestic market | 6,620 yuan/ton | 6,625 yuan/ton | +5 |
| Caprolactam (CPL) domestic market | 9,450 yuan/ton | 9,300 yuan/ton | -150 |
| Caprolactam (CPL) CFR China | 1,07 $/ton | 1,07 $/ton | – |
| Nylon 6 chips — overseas market | North America ~ $2.47 /kg – $2.93 /kg
Europe ~ $2.36 /kg Northeast Asia ~ $1.42 /kg – $1.74 /kg Southeast Asia ~ $1.62 /kg – $1.81 /kg Middle East ~ $1.50 /kg – $1.88 /kg |
North America 2.69 USD/kg Europe 2.41 USD/kg Northeast Asia 1.42 USD/kg Southeast Asia 1.89 USD/kg Middle East 1.60 USD/kg |
– |
| Nylon 6 chips conventional spinning domestic market | 9,750 yuan/ton | 9,700 yuan/ton | -50 |
| Nylon 6 chips high speed spinning domestic market | 10,200 yuan/ton | 10,200 yuan/ton | – |
| Nylon 6.6 chips domestic market | 15,000 yuan/ton | 15,000 yuan/ton | – |
| Nylon6 Filament POY 86D/24F domestic market | 11,400 yuan/ton | 11,400 yuan/ton | – |
| Nylon6 Filament DTY 70D/24F domestic market | 13,700 yuan/ton | 13,700 yuan/ton | – |
| Nylon6 Filament FDY 70D/24F | 12,100 yuan/ton | 12,100 yuan/ton | – |
| Spandex 20D domestic market | 26,700 yuan/ton | 26,700 yuan/ton | – |
| Spandex 30D domestic market | 26,200 yuan/ton | 26,200 yuan/ton | – |
| Spandex 40D domestic market | 23,000 yuan/ton | 23,000 yuan/ton | – |
| Adipic Acid China domestic market | 7,150 yuan/ton | 7,250 yuan/ton | +100 |
| Adipic Acid Europe market | 1,880 $/ton | 1,800 $/ton | -80 |
| Benzene domestic market East China | 5,330 yuan/ton | 5,340 yuan/ton | +10 |
| Benzene CFR China | 666 $/ton | 670 $/ton | +4 |
| Ethylene South East market | 725 $/ton | 710 $/ton | -15 |
| Ethylene NWE market CIF | 676 $/ton | 726 $/ton | +50 |
| Acrylonitrile (ACN) domestic market | 7,400 yuan/ton | 7,250 yuan/ton | -150 |
| Acrylonitrile ACN Southeast Asia | 1,150 $/ton | 1,110 $/ton | -40 |
| Acrylic staple fiber (ASF) CFR China | 13,160 yuan/ton | 13,160 yuan/ton | – |
| VSF viscose staple fiber | 12,800 yuan/ton | 12,800 yuan/ton | – |
| PP Powder domestic market | 6,200 yuan/ton | 6,250 yuan/ton | +50 |
| Naphtha overseas market | 488 $/ton | 516 $/ton | +28 |
| Phenol domestic market (Jinan Dezheng / Yanshan Petrochemical, Shandong) | 5,800 yuan/ton | 5,692 yuan/ton | -108 |
| Recycled PET | 3,950 yuan/ton | 4,050 yuan/ton | +100 |
DOMO Halts Production in Germany as Insolvency Crisis Deepens, Threatening 585 Jobs, Chemical Supply Chains, and the Future of Polyamide Manufacturing
DOMO halts production in Germany amid deepening financial pressure
DOMO halts production in Germany as the Belgian chemical group faces escalating financial difficulties linked to insolvency proceedings at several of its German subsidiaries. The decision marks a critical turning point for the company’s operations in Europe and raises concerns about employment, supply continuity, and the stability of the polyamide sector.
German financial media report that operations have been suspended at DOMO’s sites in Leuna and Premnitz. The move follows mounting liquidity problems and the failure to secure short-term financing needed to keep production running. Facilities are now being secured, signaling a full production halt rather than a temporary slowdown.
Insolvency proceedings affect three DOMO subsidiaries
The production shutdown stems from insolvency filings involving three German entities within the DOMO Chemicals group. These include DOMO Chemicals GmbH, DOMO Caproleuna GmbH, and DOMO Engineering Plastics. All three companies were admitted to insolvency proceedings at the end of December. DOMO halts production in Germany
Lucas F. Flöther, partner at the law firm Flöther & Wissing, was appointed as interim insolvency administrator and provisional liquidator. His role includes assessing financial viability, safeguarding assets, and determining whether any form of restructuring or sale remains possible.
The insolvency filings highlight the severity of the financial strain facing DOMO’s German operations. Despite their strategic importance within the group, the subsidiaries were unable to overcome short-term liquidity bottlenecks.
Failed financing talks trigger production shutdown
According to reports tied to the insolvency process, the immediate trigger behind the decision that DOMO halts production in Germany was the collapse of negotiations with creditors. The company sought a bridging loan that would have allowed continued operations while longer-term solutions were explored. DOMO halts production in Germany
These talks ultimately failed, leaving the group without sufficient liquidity to purchase raw materials, maintain utilities, and cover operating expenses. As a result, management and the insolvency administrator opted to shut down production to prevent further financial losses.
In capital-intensive chemical manufacturing, uninterrupted cash flow is critical. Even brief funding gaps can make continuous production impossible, particularly at integrated chemical complexes such as Leuna. DOMO halts production in Germany
Leuna plant plays central role in DOMO’s value chain
The Leuna site, operated primarily by DOMO Caproleuna, is the larger and more strategically significant of the two German plants. It produces caprolactam, phenol, and polyamide 6, all of which are key building blocks for engineering plastics and industrial applications.
Caprolactam production, in particular, is energy-intensive and highly sensitive to market conditions. Weak demand, high energy costs in Europe, and margin pressure across the chemical sector have weighed heavily on profitability.
The shutdown at Leuna disrupts an important segment of DOMO’s upstream supply chain and may have knock-on effects for downstream processors and customers relying on consistent polyamide supply. DOMO halts production in Germany
Premnitz focuses on engineering plastics compounds
The Premnitz facility, operated by DOMO Engineering Plastics, specializes in compounding polyamide-based materials. These compounds are widely used in automotive components, electrical systems, and consumer goods.
Although smaller than Leuna, Premnitz plays a vital role in value-added manufacturing. The halt in operations underscores how financial distress at the group level can quickly spread across multiple stages of production.
With DOMO halting production in Germany, customers may need to seek alternative suppliers, potentially reshaping supply relationships in the European engineering plastics market.
Impact on 585 workers and regional economies
The crisis directly affects approximately 585 employees across the Leuna and Premnitz sites. While insolvency proceedings do not automatically result in layoffs, a prolonged shutdown significantly increases uncertainty for the workforce.
Employee wages during insolvency are typically covered for a limited period under German insolvency law. Beyond that timeframe, job security depends on whether operations can be restarted, sold, or restructured.
The economic impact extends beyond the plants themselves. Chemical facilities often anchor regional supply networks, supporting contractors, logistics providers, and local service industries. DOMO halts production in Germany
Other DOMO plants remain unaffected for now
Importantly, the current insolvency proceedings and production halt are limited to specific German subsidiaries. Other DOMO Chemicals plants in Europe and globally are not directly affected at this stage.
However, the fact that DOMO halts production in Germany raises broader questions about the group’s overall financial resilience. Germany represents a key manufacturing hub, and sustained disruption could influence the group’s competitive position in the polyamides market. DOMO halts production in Germany
Broader challenges facing the European chemical industry
DOMO’s situation reflects wider structural pressures across Europe’s chemical sector. Rising energy costs, weaker industrial demand, global overcapacity, and competition from lower-cost regions have strained margins.
Mid-sized chemical producers are particularly vulnerable when market conditions deteriorate rapidly. Access to short-term financing has become more difficult, even for companies with established industrial assets. DOMO halts production in Germany
The insolvency and shutdown may therefore serve as a warning signal for other producers facing similar challenges.
What comes next for DOMO in Germany
The next steps will depend on decisions taken during the insolvency process. Possible outcomes include asset sales, partial restarts under new ownership, or deeper restructuring within the DOMO group. DOMO halts production in Germany
For now, the fact that DOMO halts production in Germany represents a significant disruption with uncertain long-term consequences. Industry stakeholders, employees, and customers will closely monitor whether a viable path forward emerges.
