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Sociedad Química y Minera de Chile S.A.

 
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Sociedad Química y Minera de Chile S.A.

(NYSE:SQM) (Santiago:SQM)
Contact Information
Sociedad Química y Minera de Chile S.A.
El Trovador 4285, Piso 6
Santiago, Chile
Tel. +56-2-425-2000
Fax +56-2-425-2268

Type: Public
On the web: http://www.sqm.com
Employees: 4,327
Employee growth: (1.4%)

It's a green world for Sociedad Química y Minera de Chile (SQM). The company produces specialty fertilizers, iodine, and lithium, primarily in the Americas (about two-thirds of sales). SQM's specialty fertilizers account for more than half of sales; the company is also one of the world's largest producers of iodine, which is used in medical, agricultural, and industrial applications. Its lithium products are used in ceramics, glass, aluminum, lubricants, and batteries. It also makes other industrial chemicals (sodium nitrate, potassium nitrate, boric acid). SQM has customers in more than 100 countries and generates most of its sales outside Chile. PotashCorp owns about 30% of SQM.

Key numbers for fiscal year ending December, 2010:
Sales: $1,830.4M
One year growth: 27.4%
Net income: $382.1M
Income growth: 16.8%

Officers:
Chairman: Julio Ponce Lerou
CEO: Patricio Contesse González
EVP and COO: Patricio de Solminihac Tampier

Competitors:
Agrium
CF Industries
Potash Corp

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