- Insolvency proceedings are supervised by court-appointed administrator Sr. Josep Pujolràs.
- The Blanes production site has temporarily ceased operations, affecting 100 employees.
- The IT team in Barcelona continues to provide essential support.
- Restructuring options will be reviewed under court supervision.
Insolvency Proceedings
DOMO Polymer Solutions Spain S.L.U. has entered insolvency proceedings to evaluate solutions for the company's continuity. The process is under court supervision with Sr. Josep Pujolràs from ROCA JUNYENT, S.L.P. appointed as the administrator.
Operational Impact
The production site in Blanes has temporarily ceased operations, impacting approximately 100 employees. During this period, employees are protected under Spanish insolvency law.
Ongoing Support
Despite the operational halt in Blanes, the IT team in Barcelona continues to provide essential support to maintain critical functions.
Future Steps
In the coming weeks, the administrators will review all restructuring options under court supervision. DOMO Chemicals is committed to transparent communication and will provide updates as allowed by the legal process.
