Borealis reports slight fall in melamine sales


Borealis sold 143,000 tonnes of melamine through Borealis Agrolinz Melamine and Borealis Agrolinz Melamine Deutschland in the 2021 financial year. This figure was just shy of 2020's total of 147,000 tonnes.

The two melamine sites, together with its plant nutrient and technical nitrogen operations, make up the Borealis Nitro business area, which the group put up for sale in February 2021. These activities were discontinued at the end of 2021 and have since been recognised in its consolidated financial statements as "assets held for sale". On 10 March, Borealis rejected a binding offer submitted by the EuroChem Group at the beginning of February, which valued the nitrogen business at €455m.

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