| Type | Public (IPSA: SQM-B NYSE: SQM) |
|---|---|
| Industry | Chemicals & Mining |
| Founded | (1968) |
| Headquarters | Santiago, Chile |
| Key people | Julio Ponce (Chairman) Patricio Contesse (CEO) |
| Products | Industrial chemical Iodine Lithium Specialty Plant Nutrition |
| Revenue | US$ 1.8 Billion (2010) |
| Net income | US$ 388.1 Million (2010) |
| Website | www.sqm.com |
Sociedad Química y Minera de Chile (SQM) (IPSA: SQM-B NYSE: SQM) is a Chilean company and a leading supplier of plant nutrients, Iodine, Lithium and industrial chemicals.
SQM's natural resources and its main productive facilities are located in the Atacama Desert between Chile's I and II regions.
SQM was founded in 1968 to reorganize the Chilean nitrate industry. In the course of the first phase the ownership was shared between the Chilean State and the Compañía Nitratera Anglo Lautaro S.A. During the second phase the industry was nationalised and was thus fully owned by the Chilean State. Finally in 1983 the process of privatisation started and was successfully completed in 1988.
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