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Belgian Chemical Company DOMO Chemicals Seeks Creditor Protection in France After German Insolvency Filing
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Belgian Chemical Company DOMO Chemicals Seeks Creditor Protection in France After German Insolvency Filing
PARIS – Belgian chemical group DOMO Chemicals has launched creditor protection proceedings for its operations in France following an insolvency filing in Germany, the company said. The Ghent-based company, owned by the De Clerck family, filed a case on Thursday in Lyon on behalf of its French subsidiary Polytechnyl. The procedure, known in France as a “procédure de redressement judiciaire,” is designed to safeguard business continuity and enable…
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