Sociedad Quimica y Minera de Chile SA - Company Profile
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Sociedad Quimica y Minera de Chile SA (SQM) is a non-metallic mining company. The company carries out the extraction of minerals, processing, and commercialization of products for essential industries. It mines and process caliche ore and brine deposits in northern Chile. Its product portfolio includes specialty plant nutrients, potassium nitrate, iodine and its derivatives, lithium and its derivatives, potassium chloride, potassium sulfate and certain industrial chemicals, including industrial nitrates and solar salts. SQM sells products through a network of offices and distribution affiliates across the world. The company has operations in North America, Europe, Asia, and Central and South America. SQM is headquartered in Santiago, Chile.
Headquarters
Chile
Address
El Trovador 4285, Santiago
Website
www.sqm.com
Telephone
56 2 24252000
No of Employees
7,682
Industry
Metals and Mining
Ticker Symbol & Exchange
SQM-B (SCL)
Revenue (2022)
$7.5B
-30.3%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-48.5%
(2022 vs 2021)
Market Cap*
$13.7B
Net Profit Margin (2022)
XYZ
-26.1%
(2022 vs 2021)
* As of and is in US$
Sociedad Quimica y Minera de Chile SA premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Specialty Plant Nutrients | Ultrasol |
| Lithium Carbonate | Champion |
| Lithium Hydroxide | Sangral |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In October, the company signed an agreement to acquire Azure Minerals. |
| 2023 | Plans/Strategy | In October, the company announced its plans to acquire a 30% stake in Pirra Lithium Limited (Pirra). |
| 2023 | Contracts/Agreements | In May, the company signed an agreement with Ford Motor for the supply of battery-grade lithium carbonate and lithium hydroxide on a long-term basis. |
Competitor Comparison
| Key Parameters | Sociedad Quimica y Minera de Chile SA | BASF SE | Nutrien Ltd | The Mosaic Co | FMC Corp |
|---|---|---|---|---|---|
| Headquarters | Chile | Germany | Canada | United States of America | United States of America |
| City | Santiago | Ludwigshafen Am Rhein | Saskatoon | Tampa | Philadelphia |
| State/Province | - | Rheinland-Pfalz | Saskatchewan | Florida | Pennsylvania |
| No. of Employees | 7,682 | 111,991 | 25,900 | 10,352 | 6,600 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Patricio Contesse F. | Vice Chairman | Executive Board | 2018 | - |
| Ricardo Ramos Rodriguez | Chief Executive Officer | Senior Management | 2019 | - |
| Gerardo Illanes | Chief Financial Officer; Vice President - Corporate Finance | Senior Management | 2018 | - |
| Gonzalo Guerrero Yamamoto | Chairman | Non Executive Board | 2017 | - |
| Frank Biot | Senior Vice President - Sales, Nitrates and Potassium | Senior Management | 2018 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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