This has insufficient economic value and is discarded. You will also need to register for a Dun & Bradstreet account if you do not already have one. The Company produces specialty plant nutrients, iodine derivatives, lithium and its derivatives, potassium chloride, potassium sulf ate and certain industrial chemicals. … All financial statement data is in millions except per share data | Source: Morningstar, Detailed business credit reports and tools to simplify credit decisions and manage risk, Monitor, Manage, and Build Your Business Credit. Sociedad Química y Minera de Chile (SQM) is a Chilean chemical company and a supplier of plant nutrients, iodine, lithium and industrial chemicals. More Details. Credit building solutions to fit your growing business. Credit Ratings, Research and Analysis for the global capital markets. Historia Empresa estatal (1968-1983) Creada en 1968 como una Sociedad Minera Mixta entre particulares y el Estado de Chile (Compañía Salitrera Anglo-Lautaro 62,5% y CORFO 37,5%). [1] The chloride is obtained as a by-product from lithium production and sold for oil drilling, while the nitrate is made by combining sodium nitrate extracted from caliche and evaporation. SQM operates a railway line from Maria Elena to Barilles (diesel) and down to Tocopilla (electric) in northern Chile. Real time Sociedad Quimica y Minera (SQM) stock price quote, stock graph, news & analysis. Solar Salts: 60% sodium nitrate and 40% potassium nitrate used for energy storage in, This page was last edited on 8 February 2021, at 19:30. Sociedad Quimica y Minera De Chile S.A. ADR. Licensing. Fitch Ratings ratificó las clasificaciones en escala nacional de largo plazo de Sociedad Química y Minera de Chile S.A. (SQM) en ‘AA(cl)’. 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[8], In 2018, China's Tianqi Lithium Corp. purchased 23.77% stake in SQM from Canadian mining company Nutrien Ltd.[9] In 2019, Tianqi Lithium has come to an agreement over the governance of SQM with key shareholder Julio Ponce Lerou.[10]. SQM sells three potassium compounds, potassium chloride, nitrate and sulfate [14] for a total revenue of $213mio in 2019. It is the world’s biggest lithium producer.[2]. SOCIEDAD QUÍMICA Y MINERA DE CHILE S.A. : Forcasts, revenue, earnings, analysts expectations, ratios for SOCIEDAD QUÍMICA Y MINERA DE CHILE S.A. Stock | SQM-B | CLP8716X1082 English: Sociedad Química y Minera de Chile (SQM) is a Chilean chemical company and a leading supplier of plant nutrients, Iodine, Lithium and industrial chemicals. This information is updated and provided by SQM SA. references to "we", "us", "Company" or "SQM" are to Sociedad Química y Minera de Chile S.A., an open stock corporation (sociedad anónima abierta) organized under the laws of the Republic of Chile, and its consolidated subsidiaries. [1], In the Salar de Atacama in the Atacama desert of Northern Chile, SQM produces lithium carbonate and hydroxide from brine. By clicking the button above, you agree to our Terms of Use. See Sociedad Quimica y Minera S.A. (SQM) stock analyst estimates, including earnings and revenue, EPS, upgrades and downgrades. [1], People associated with former senior managers in the company were in 2016 and 2017 investigated by the Chilean national police in relation to allegations of tax evasion and bribery. It is the world’s biggest lithium producer. In 1965 both were taken over by the state, through the Sociedad Química y Minera (SQM or "Chemicals and Mining Company", which was privatized in 1980. [19], "After electric cars, what more will it take for batteries to change the face of energy? Earnings for Sociedad Química y Minera de Chile are expected to grow by 25.56% in the coming year, from $0.90 to $1.13 per share. The company produces specialty fertilizers, iodine, and lithium, primarily in the Americas (about two-thirds of sales). You consent to Dun & Bradstreet (D&B) using this data for marketing and analytical purposes, and to D&B emailing you or using an autodialer or pre-recorded voice to text or call you at the number you provide with marketing or other offers. In the years that followed, the business was internationalized through acquisitions and joint ventures:[3][5], In 2015, the largest shareholder with 32% was the Julio Ponce Lerou's Pampa Group . That’s why 90% of the Fortune 500, and companies of all sizes around the world, rely on Dun & Bradstreet to help grow and protect their businesses. Get the big picture on a company's affiliates and who they do business with. Between 1983 and 1988, it was privatized again [3] during the military dictatorship, transferring the Chilean state company to Julio Ponce Lerou, the then son-in-law of Augusto Pinochet, for 20,300 million pesos through the transfer from of 93% of the State shares despite the fact that the value was approximately 35,800 million pesos.[4]. Find out more. [15] It is sold as a fertiliser or a component of the heat transfer fluid in solar thermal power stations. The Dun & Bradstreet Data Cloud offers the world’s most comprehensive business data and analytical insights to power today’s most crucial business needs. Earnings are forecast to grow 26.04% per year. By continuing to browse the site, you agree to our use of cookies. 1968 wurde die chilenische Nitrat-Industrie in der Sociedad Química y Minera zusammengefasst und 1971 verstaatlicht, wodurch Corfo 100 % der Anteile übernahm. The process involves pumping up lithium rich brine from below the ground into shallow pans. The remaining liquid (the supernatant) is used for the net step. Install D&B Email IQ to access your next prospects! Learn More About our Enterprise Analytics Solutions, go SQM - Sociedad Química y Minera de Chile published this content on 30 December 2020 and is solely responsible for the information contained therein. This number is assigned once our patented identity resolution process, part of our DUNSRight, Learn about how a Dun & Bradstreet D-U-N-S number can help your company succeed, Establish your business, get noticed, and control your story in the global marketplace, Look up a partner’s company or find your company’s D-U-N-S Number, View and update business information on your D&B Credit file, A leading global provider of business decisioning data and analytics for almost 200 years, Live Business Identity is the most comprehensive and continually updated view of a business entity, Our always-open marketplace for unique offers that help your business grow and thrive, Drive performance through our partnership program, D&B Accelerate, Information and resources about the performance of Dun & Bradstreet. Von 1983 bis 1988 wurde das Unternehmen wieder privatisiert und der chilenische Pensionsfond übernahm einen Teil der Anteile. [1] In 2019 its revenue was $371mio.[1]. For dynamic search and list-building capabilities, real-time trigger The brine contains many different dissolved ions, and as the concentration increases, salts precipitate out of solution and sink. Sociedad Química y Minera de Chile S.A. produces and distributes specialty plant nutrients, iodine and its derivatives, lithium and its derivatives, potassium chloride and sulfate, industrial chemicals, and other products and services. SQM commissioned a life-cycle analysis which concluded that water consumption for SQM's lithium hydroxide and carbonate is significantly lower than that of the average for production from the main ore-based process, using spodumene, and in to environmental report claims that environmental KPIs such as animal populations are not affected by extraction. Rewards. Stock analysis for Sociedad Quimica y Minera de Chile SA (SQM:New York) including stock price, stock chart, company news, key statistics, fundamentals and company profile. La Perspectiva de la SQM’s Series B shares, in the form of ADSs, have been listed on the NYSE since 1993 and are registered with the Commission pursuant to Section 12(b). See our Privacy Notice to unsubscribe. Distributed by Public, unedited and unaltered, on 15 January 2021 20:49:03 UTC Investors in Sociedad Quimica y Minera de Chile S.A. (Symbol: SQM) saw new options become available today, for the February 2021 expiration. The company produces specialty fertilizers, iodine, and lithium, primarily in the Americas (about two-thirds of sales). Sociedad Química y Minera de Chile est une entreprise chilienne fondée en 1968, et faisant partie de l'IPSA, le principal indice boursier de la bourse de Santiago du Chili.Il s'agit d'une des principales entreprises dans les secteurs miniers et chimiques du pays. SQM is a global company that develops and produces diverse products for several industries essential for human progress, such as health, nutrition, renewable energy and technology through innovation and technological development. According to VW, there is an unresolved dispute about whether brine extraction causes an influx of fresh water and thus influences the groundwater at the edge of the salt flats. Looking for information on your own credit? While Sociedad Química y Minera de Chile isn't earning the highest return, check out this free list of companies that are earning high returns on equity with solid balance sheets. There is some capacity to convert the carbonate to lithium hydroxide in Salar de Carmen. SQM S.A. El Trovador 4285, Las Condes, Santiago, Chile Tel: (56 2) 2425 2000 www.sqm.com CONSOLIDATED FINANCIAL STATEMENTS For the period ended December 31, 2016 Sociedad Química This image or logo only consists of typefaces, individual words, slogans, or simple geometric shapes. María Elena, Chile - Wikipedia After the 2007 financial crisis, major suppliers, such as Sociedad Química y Minera … A Hoovers subscription is your VIP access to key information. Companies in this industry manage the financial assets of corporate, institutional, and individual clients.... Companies in this industry engage in financial transactions and create, liquidate, purchase, and sell... See other industries within the Finance & Insurance Sector, See who the company's key decision makers are. This product range is based mostly on formulated potassium nitrate. ", "Julio Ponce Lerou, Pinochet's son-in-law who became a millionaire in the dictatorship", "LITHIUM AMERICAS AND SQM ANNOUNCE JOINT VENTURE", "LITHIUM AMERICAS ANNOUNCES CLOSING OF TRANSACTION WITH GANFENG LITHIUM AND SQM", "Meet Chemicals Billionaire Julio Ponce Lerou, Former Son-In-Law Of Chilean Dictator Augusto Pinochet", "China's Tianqi buys stake in lithium miner SQM from Nutrien for $4.1 bn", "China's Tianqi agrees truce in battle over Chilean lithium miner SQM", "Sustainability of lithium production in Chile", "Lithium mining: What you should know about the contentious issue", "SEC.gov | Chemical and Mining Company in Chile Paying $30 Million to Resolve FCPA Cases", "Chile's SQM paying $30 mln to resolve U.S. corruption cases", Spanish blog run by Mario Beroiza, a SQM employee, https://en.wikipedia.org/w/index.php?title=Sociedad_Química_y_Minera&oldid=1005648762, Companies listed on the New York Stock Exchange, Official website different in Wikidata and Wikipedia, Wikipedia articles with WORLDCATID identifiers, Creative Commons Attribution-ShareAlike License, Potassium nitrate, from sodium nitrate (from caliche) and potassium chloride from lithium production. About: Sociedad Química y Minera de Chile S.A. (SQM) View as PDF CHEMICAL & MINING CO OF CHILE INC (Form: 20-F, Received: 04/18/2019 06:07:51) UNITED STATES Sociedad Química y Minera de Chile pays an annual dividend of $0.29 per share and has a dividend yield of 0.6%. Sociedad Química y Minera de Chile S.A. and Subsidiaries In Thousands of United States Dollars _____ This document includes: - Consolidated Classified Statements of Financial Position - Consolidated Statements of Income by Function - Consolidated Statements of Comprehensive Income In 2015 after flood damage to the railway, nitrate transport to the port by rail was replaced by trucking. Created in 1968 as a Sociedad Minera Mixta between private investors and the State of Chile (Compañía Salitrera Anglo-Lautaro 62.5% and CORFO 37.5%). See our, Free Microsoft Outlook plugin to drive efficiency with on-demand sales intelligence. Company Name: Sociedad Química y Minera de Chile S.A. Abbreviated Company Name: SQM Legal Address: El Trovador 4285, Las Condes, Santiago, Chile Chilean Taxpayer ID: 93.007.000-9 Type of Entity: Open stock corporation 2) B) IDENTIFICATION OF THE ENTITY: LEGAL CONSTITUTION SQM was founded under the laws of the Republic of Chile. All references to "$," "US$," "U.S. dollars," ―USD‖ and "dollars" are to United States dollars, references to Die Sociedad Química y Minera geht auf das 1926 von der Familie Guggenheim in Chile gegründetes Verkaufsbüro Maria Elena Nitrate Office zurück. Its lithium products are used in ceramics, glass, aluminum, lubricants, and batteries. Dun & Bradstreet collects private company financials for more than 23 million companies worldwide. Consent is not a requirement of purchase. SQM Dividend History & Description — Sociedad Quimica y Minera de Chile S.A. (Chile) Sociedad Quimica y Minera de Chile SA is a producer of potassium nitrate and iodine and is one of the lithium producers. [17], On 13 January 2017, as part of an investigation by the U.S. Securities and Exchange Commission into violations of the Foreign Corrupt Practices Act, SQM agreed to pay a $30 million penalty to resolve parallel civil and criminal cases. Water is evaporated thanks to the strong sun and dry air. 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. Production of lithium carbonate from the Salar del Carmen started in 1997. The new company was made up of the combination of the deposits and assets of the Compañía Salitrera Anglo-Lautaro and the Empresa Salitrera Victoria owned by CORFO. In 1971, the State of Chile, through CORFO, acquired 100% of the property and with this, the exploitation of nitrate was nationalized. [11] As of 2020 SQM reported a capacity of 70kt of lithium carbonate with plans to expand to 150kt/y by 2020. This vertical integration with Ajay made SQM-Ajay the world's largest producer of iodine derivatives. SQM has customers in more than 100 countries and generates most of its sales outside Chile. The concentrate (30-35% lithium chloride solution) is trucked to Salar del Carmen. 2019 revenues from lithium were $505mio.[1]. In 1995 SQM was listed on the New York Stock Exchange and started the production of potassium chloride from the Salar de Atacama. Sociedad Química y Minera logo Source Sociedad Química y Minera web Date Author Sociedad Química y Minera Permission (Reusing this file) See below. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. SQM sells potassium chloride made from Sylvinite and potassium nitrate derived from the Carnalite. The other products in the is category are obtained directly or by a simple conversion from the evaporites obtained in the concentration of brine for lithium production[16], Total 2019 revenue for these products was $95mio. It's a green world for Sociedad Química y Minera de Chile (SQM). Sociedad Quimica y Minera de Chile S.A. (SQM) Entity with Fitch Analyst Adjusted Financials as featured on Fitch Ratings. La nueva empresa queda integrada por la combinación de los yacimientos y bienes de la Compañía Salitrera Anglo-Lautaro y la Empresa Salitrera Victoria de la CORFO.. A finales de 1966 se plantea el problema … 1995 wurde SQM an der New Yorker Börsegelistet und be… Only private, U.S. based companies can use the D-U-N-S Manager account to request updates to their company's Dun & Bradstreet profile at this time. Sociedad Química y Minera de Chile pays out 27.4% of its earnings in the form of a dividend. Partnering with Ajay, the AJAY-SQM GROUP added Ajay-SQM Chile SA. Better Buy: Albemarle vs. Sociedad Quimica y Minera They're two of the world's largest lithium producers, but one is better positioned for the future. SOCIEDAD QUIMICA Y MINERA AKTIE (ISIN: US8336351056): Realtime-Kurs der Sociedad Quimica y Minera Aktie, Dividenden-Rendite und Termine, aktuelle Nachrichten ⇒ Die nächsten Kursziele. Sociedad de Inversiones Pampa Calichera S.A. © Dun & Bradstreet, Inc. 2000 - 2021. See our Privacy Notice to unsubscribe. See Pablo Altimiras's compensation, career history, education, & memberships. The major application is as a stabilizer for oil drilling. Consent is not a requirement of purchase. to Sociedad Quimica y Minera de Chile S.A.'s website, See More Companies in the Asset Management Industry. You consent to Dun & Bradstreet (D&B) using this data for marketing and analytical purposes, and to D&B emailing you or using an autodialer or pre-recorded voice to text or call you at the number you provide with marketing or other offers. for free! As a result, SQM was given a monopoly in the exploitation and commercialization of nitrate.[3]. It's a green world for Sociedad Química y Minera de Chile (SQM). We use cookies for marketing and advertising purposes, and to provide the best experience on our website. In 1993 the operations of the technical grade potassium nitrate plant began. Through the 2006 acquisition of DSM Minera’s iodine derivatives plant in northern Chile in 2006, Ajay-SQM Group added a fourth manufacturing site. MDU Resources Group pays an annual dividend of $0.85 per share and has a dividend yield of 3.2%. The supernatant, with ever increasing concentration of dissolved solids, is transferred successively to the Sylvinite (sodium potassium chloride) pond, the Carnalite (potassium magnesium chloride) pond and finally a pond designed to maximise the concentration of lithium chloride. A D&B Hoovers Subscription is your foot in the door to Sociedad Quimica y Minera de Chile S.A. contact information. It also makes other industrial chemicals (sodium nitrate, potassium nitrate, boric acid). The process takes about 15 months. Sociedad Quimica y Minera de Chile SA engages in the production & distribution of fertilizers, potassium nitrate, iodine, and lithium chemicals. At the end of 1966 the problem of the expiration of the state enterprise managed by COVENSA 30 July 1968 and how to organize the nitrate industry arose. *Contacts and Principals counts are estimates and may differ from the actual number of contacts available in D&B Hoovers. This investigation was referred to by La Nación, a major Chilean newspaper, as "the SQM Affair". In the first pan, halite (sodium chloride or common salt) crystallises. See similar companies for insight and prospecting. Copper mining, tourism, agriculture also consume significant water and climate change cannot be dismissed[12], In 1995, Ajay Chemicals formed a jv with SQM, holder of the world’s largest known iodine reserves. Combine your data with Dun & Bradstreet Data Cloud data to create new analytical models that can give you a competitive edge. On Dec. 23, SQM announced it plans to issue $1.1 billion in class-B equity--roughly 22.4 million shares. Sociedad Química y Minera de Chile S.A. was founded in 1968 and is headquartered in Santiago, Chile. All rights reserved. [13] The main application is X-ray contrast media. [18] According to the investigation, the company made $15 million in improper payments to Chilean political figures and others connected to them in a seven-year period. Company Name: Sociedad Química y Minera de Chile S.A. Abbreviated Company Name: SQM Legal Address: El Trovador 4285, Las Condes, Santiago, Chile Chilean Taxpayer ID: 93.007.000-9 Type of Entity: Open stock corporation 2) B) IDENTIFICATION OF THE ENTITY: LEGAL CONSTITUTION SQM was organized under the laws of the Republic of Chile. alerts, comprehensive company profiles, and valuable research and technology reports try D&B Hoovers Potassium Chloride also from lithium production. By clicking the button above, you agree to our Terms of Use and consent to our contact process. Sociedad Quimica y Minera de Chile S.A. (SQM), is a producer of potassium nitrate and iodine. There is considerable focus on the use of water in this water poor region. Pablo Altimiras is VP:Lithium & Iodine Business at Sociedad Quimica Y Minera de Chile SA. Sociedad Quimica y Minera de Chile, S.A., is a multinational mining and chemical company headquartered in Santiago, Chile. Secure and cloud-based. Major applications include. PotashCorp owns about 30% of SQM. If you are an officer, director, or owner of this company, you can view and request updates to your company's profile for free using D-U-N-S Manager. SQM's natural resources and its main production facilities are located in the Atacama Desert between Chile's I and II regions. Want more contacts like these available directly in your inbox? A high-level overview of Sociedad Química y Minera de Chile S.A. (SQM) stock. Detailed profiles of all businesses owned and operated by this company for insights and prospecting. Edit information in your company's profile at no charge. Fill out this form, and we'll contact you soon. Sociedad Química y Minera de Chile (SQM) is a Chilean chemical company and a supplier of plant nutrients, iodine, lithium and industrial chemicals. In 2019 its revenue was $724mio. There, boron and magnesium are removed before, by addition of sodium carbonate, the desired lithium carbonate is precipitated out. Promoted If you decide to trade Sociedad Química y Minera de Chile, use the lowest-cost* platform that is rated #1 Overall by Barron’s, Interactive Brokers. The P/E ratio of Sociedad Química y Minera de Chile is 54.04, which means that it is trading at a more expensive P/E ratio … To help ensure your Dun & Bradstreet company data security, please take a minute to verify your identity. Die Sociedad Quimica y Minera de Chile SA SOQUIMICHShs Sponsored American Deposit.Receipts Repr. Negotiations with Anglo-Lautaro to establish a partnership led to the creation of SQM, with the intent to restructure the declining nitrate production, increase investment and improve exploitation.