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Chemical plant insolvency in Leuna to cost taxpayers millions

Original: leuna

A chemical plant in Leuna, Saxony-Anhalt, is facing shutdown following insolvency, and German media report that taxpayers will be left covering costs running into the millions. The closure adds to concerns about the future of the chemical industry in eastern Germany, where rising energy prices and economic pressure have already put several sites under strain.

Why now: Reports that the insolvency will cost taxpayers millions have drawn attention to the plant's shutdown and its wider economic impact.

LeunaSaxony-AnhaltGermanyT-Online

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