PLUTA restructuring expert Dr Kaufmann appointed provisional administrator for Vynova Wilhelmshaven GmbH

Vynova Wilhelmshaven GmbH has filed for insolvency. On 12 December 2025, the Local Court of Wilhelmshaven ordered provisional insolvency administration for the company’s assets and appointed Dr Christian Kaufmann from PLUTA Rechtsanwalts GmbH as provisional administrator.

The PLUTA team is already on site at the company and gaining an initial overview. The members have held early discussions with management and are examining the continued operation of the business. They will also soon arrange for pre-financing of the specific substitute benefits provided under German insolvency law to ensure that the employees receive their pay.

Employee salaries guaranteed

The business employs around 360 people, whose salaries are guaranteed for a period of three months to the end of February 2026 thanks to the specific substitute benefits mentioned. Management already informed the employees about the application for insolvency yesterday.

In an initial statement, Dr Christian Kaufmann from PLUTA said, “The general conditions are far from easy, but we are examining whether operations can continue and are looking for a long-term solution for the business.” The PLUTA restructuring team further comprises attorneys Mr Ingo Thurm, Dr Oliver Liersch and Mr André Gildehaus as well as business management experts Ms Nicole Neumerkel and Ms Vivien Doll.

Vynova Wilhelmshaven GmbH is part of the Vynova Group, which is headquartered in Belgium. Since 1981, Vynova Wilhelmshaven has been operating one of Europe’s largest plants for the production of suspension PVC (S-PVC), a high-quality material that is used to manufacture a wide range of products for daily life. The company also produces vinyl chloride monomer (VCM), an essential building block for making PVC. Situated on the western side of the Jade Bight, a North Sea bay, the Wilhelmshaven site has direct access to Germany’s only deep-water port.

Vynova is a leading European PVC and chlor-alkali company. Its outputs play a key role in the manufacture of numerous industrial products and consumer goods. The group operates production sites in five countries. The application for insolvency relates solely to the Germany company.