Friday, March 13, 2009

Sociedad Quimica y Minera (ADR)

Summary

Sociedad Quimica y Minera de Chile SA (SQM) is a Chilean producer of specialty plant nutrients and chemicals. It operates nine production plants and its business is divided in four areas: Specialty Plant Nutrition (SPN), engaged in the production of fertilizers and nutritional solutions under the Ultrasol, Qrop, Speedfol and Allganic brands; iodine extraction and the production of iodine derivates; lithium exploitation and production of lithium carbonate, lithium hydroxide, lithium metal, and the production of industrial chemicals, such as sodium nitrate, potassium nitrate, boric acid and potassium chloride, among others. Through its wholly owned subsidiaries and affiliates, the Company has commercial offices in more than 20 countries located in Europe; North, Central and South America, Asia, the Middle East, Africa and Oceania. In addition, the Company’s products are sold in approximately 100 countries through its worldwide distribution network.

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