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SQM announced that it recently modified and renewed the fertilizer commercialization agreements between its subsidiary SQM Nitratos S.A. and the international fertilizer company Yara International ASA.
27-11-2008
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SQM announced that the amount of the interim dividend in Chilean pesos will be Ch$243.34017 per share.
14-11-2008
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SQM announced that its Board of Directors, at its meeting held October 28, 2008, approved the registration of a bond program.
30-10-2008
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SQM announced the payment of an interim dividend in the amount of US$0.37994 per share.
29-10-2008
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SQM reported today earnings for the first nine months of 2008 of US$381.1 million (US$1.45 per ADR), an increase of 181% with respect to the same period of 2007, when earnings totaled US$135.4 million (US$0.51 per ADR (1)). Operating income reached US$481.4 million (35.0% of revenues), 141% higher than the US$199.4 million (22.6% of revenues) recorded during the first nine months of 2007. Revenues for the first nine months of 2008 totaled US$1,376.2 million, representing growth of 56% over the US$881.3 million reported in the same period of 2007.
28-10-2008
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SQM announced that effective October 1st, 2008, or as contracts permit, the Company has increased the price of iodine by 25%...
09-10-2008
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Free translation of information that was filed by SQM before the Chilean Superintendency of Securities and Insurance on September 30, 2008, in relation to the adoption of International Financial Reporting Standards (IFRS) by Chilean companies.
30-09-2008
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Santiago, Chile, September 30, 2008.- SQM, in light of the high volatility experienced by world stock markets and in SQM share price, reiterated its statements from its second quarter 2008 earnings release, regarding its expectations that results for the second half of this year will be significantly higher than both the results for the first half of this year and the results for the second half of 2007.
30-09-2008
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In response to questions from journalists, the Chief Executive Officer of SQM S.A., Mr. Patricio Contesse, confirmed information that had been reported previously by the Company regarding explorations of its existing mining properties in order to search for potential metallic mineral resources. Earlier this year, SQM announced a capital expenditure plan of approximately US$1,000 million…
29-09-2008
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The September 5, 2008 issue of the magazine Revista Capital includes an interview with the Chief Executive Officer of SQM S.A., Mr. Patricio Contesse, who discussed the Company’s markets and future outlook.
05-09-2008
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SQM reported today earnings for the first half of 2008 of US$190.5 million (US$0.72 per ADR), an increase of 102.8% with respect to the same period of 2007, when earnings totaled US$93.9 million (US$0.36 per ADR (1)). Operating income reached US$242.3 million (30.8% of revenues), 83.2% higher than the US$132.3 million (23.7% of revenues) recorded during the first six months of 2007. Revenues for the first half of 2008 totaled US$787.1 million, representing growth of 40.9% over the US$558.8 million reported in the first half of 2007.
12-08-2008
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Response to Letter No. 19.749 from the Superintendence of Securities and Insurance.
28-07-2008
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SQM announced its Capex Plan for the three-year period between 2008 and 2010. The plan includes projected capital expenditures of approximately US$1 billion over the period, including approximately US$350 million for the year 2008.
24-07-2008
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SQM announced today that it has filed its 2007 Annual Report on Form 20-F with the U.S. Securities and Exchange Commission. The document is available on the Company’s Web site, at www.sqm.com.
27-06-2008
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SQM announced today that it has entered into an agreement with Migao Corporation (“Migao”) to create a joint venture (“JV”) for the production and distribution of potassium nitrate in China. The agreement, signed on May 18, 2008, establishes a 50/50 contribution to the JV. The first step of this agreement will be the construction of a new 40,000 metric ton potassium nitrate facility…
20-05-2008
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SQM is participating as a gold sponsor in the 8th International Automotive Battery and Ultracapacitor Conference and Symposia, which is taking place this week in Tampa, Florida. At this event, the world’s largest automotive companies and energy storage developers are meeting to discuss the latest technological progress and market direction for the use of lithium batteries in hybrid electric vehicles (HEV).
15-05-2008
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Santiago, Chile, April 30, 2008.- Sociedad Química y Minera de Chile S.A. (SQM) (NYSE: SQM; Santiago Stock Exchange: SQM-B, SQM-A) reported that the Company’s Chief Executive Officer, Patricio Contesse, while being interviewed by a Chilean newspaper, stated that SQM is interested in exploring the north of Chile for metallic mineral resources. The Company has effectively decided to explore its mining properties, and in order to do so, it has developed an exploration campaign that is included in its capex plans for the year 2008.
30-04-2008
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SQM reported today that shareholders at the Company’s Annual
Shareholders’ Meeting held today approved a number of proposals, including distribution of a final gross
dividend of Ch$204.13794 (approximately US$0.44459, based on the observed exchange rate as of April
30, 2008) per share. Shareholders also elected the members of the Board for the next three-year period.
All seven of the Board members chosen by series A shareholders were reelected: Wayne R. Brownlee,
Hernán Buchi, José María Eyzaguirre, Julio Ponce, Wolf von Appen, Kendrick T. Wallace and Daniel Yarur.
Series B shareholders elected a new Board member, Mr. Eduardo Novoa.
30-04-2008
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SQM reported today earnings for the first quarter of 2008 of US$64.8 million (US$0.25 per ADR), a 50.8% increase over the US$43.0 million (US$0.16 per ADR (1)) reported for the same period of 2007. Operating income for the quarter grew 46.6% to US$86.2 million (26.4% of revenues), as compared to the first quarter 2007 figure of US$58.8 million (24.8% of revenues). Revenues for the period totaled US$326.3 million, representing growth of 37.6% over the US$237.1 million reported in 2007.
29-04-2008
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SQM announced today that its series B ADR has begun trading under the new 1:1 ratio of ordinary shares to ADRs.
18-03-2008
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SQM announced today that its Board of Directors has agreed to propose a gross final
dividend of US$4.4459 per ADR (US$0.44459 per ordinary share) at its 2008 annual shareholders meeting. The
Company also announced that its annual shareholders meeting will be held in Santiago, Chile, on April 30, 2008.
18-03-2008
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SQM announced today that its Board of Directors has approved a ratio change for its series B ADRs. The Company also announced its intent to voluntarily delist its series A ADRs from the New York
Stock Exchange.
03-03-2008
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SQM reported today earnings for the year 2007 of US$180.0 million (US$6.84 per ADR), an increase of 27.4% over the 2006 figure of US$141.3 million (US$5.37 per ADR). Operating income reached US$259.5 million (21.9% of revenues), 18.0% higher than the US$219.9 million (21.1% of revenues) recorded the previous year. Revenues for 2007 totaled US$1,187.5 million, representing growth of 13.9% over the US$1,042.9 million reported in 2006.
26-02-2008
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Santiago, Chile, November 15, 2007.- Sociedad Química y Minera de Chile S.A. (SQM) (NYSE: SQM, SQMA; Santiago Stock Exchange: SQM-B, SQM-A) announced today its preliminary evaluation of the effects on the Company’s productive facilities of the earthquake that occurred yesterday in Northern Chile.
15-11-2007
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SQM announced today that it filed its 2006 Annual Report on Form 20-F with the U.S. Securities
and Exchange Commission on June 29, 2007. The Form 20-F is available on the Company’s Web site, at www.sqm.com.
09-11-2007
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SQM reported today earnings for the third quarter of 2007, which reached US$41.5 million (US$1.58 per ADR),
14.1% higher than the US$36.4 million (US$1.38 per ADR) recorded during the third quarter of 2006. Operating
income reached US$67.2 million (20.8% of revenues), compared to the US$57.5 million (21.2% of revenues) of the
year-ago quarter. Revenues reached US$322.5 million, approximately 19.0% higher than the US$271.1 million recorded
for the third quarter of 2006.
30-10-2007
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SQM reported today earnings for the second quarter of
2007, which reached US$51.0 million (US$1.94 per ADR), 24.4% higher than the US$41.0 million
(US$1.56 per ADR) recorded during the second quarter of 2006. Operating income reached US$73.5
million (22.8% of revenues), compared to the US$64.4 million (22.6% of revenues) of the year-ago
quarter. Revenues reached US$321.6 million, approximately 12.6% higher than the US$285.6 million
recorded for the second quarter of 2006.
07-08-2007
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SQM reported today earnings for the first quarter of 2007, which
reached US$43.0 million (US$1.63 per ADR), 25.3% higher than the US$34.3 million (US$1.3 per ADR)
recorded during the first quarter of 2006. Operating income reached US$58.8 million (25% of revenues),
21.1% higher than the US$48.6 million (22% of revenues) of the previous year. Revenues reached
US$237.2 million, approximately 8.2% higher than the US$219.1 million recorded for the same period of
2006.
25-04-2007
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The Board of Directors of SQM unanimously agreed, in accordance with the current Dividend Policy, to recommend to the next Annual Shareholders Meeting of SQM to pay as a definitive dividend, 65% of the net profits obtained by SQM during the 2006 business period.
21-03-2007
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SQM reported today earnings
for the year 2006, which reached US$141.3 million (US$5.37 per ADR), 24.5% higher
than the US$113.5 million (US$4.31 per ADR) recorded during the previous year. Operating
income reached US$219.9 million (21.1% of revenues), 21.4% higher than the US$181.2
million (20.0% of revenues) of the year 2005. Revenues obtained during the year
2006 reached US$1,042.9 million, approximately 15.1% higher than the US$906.0 million
recorded for the same period of 2005.
28-02-2007
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SQM informed that in session of January 16, 2007, the Board of Directors of Sociedad Química y Minera de Chile (SQM) approved the limited review of the Interim Financial Information as of September 30, 2006 and 2005.
14-02-2007
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SQM informed that Royal Seed Trading Corp. A.V.V., -subsidiary of Sociedad Química y Minera de Chile S.A. (“SQM”), and with the guaranty of the latter- and the banks ING Bank N.V., Curacao Branch, Banco Bilbao Vizcaya Argentaria S.A., BNP Paribas and Santander Overseas Bank Inc., have subscribed a Credit Agreement of US$80 million.
28-11-2006
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SQM announced today that it has sold its fully-owned
Mexican subsidiary, Fertilizantes Olmeca y SQM S.A. de C.V. ("Olmeca"), to Yara International A.S.A.
("Yara"). The sale of SQM's stake in Olmeca involved a payment of USD 4.9 million, which will have a
before-tax positive effect of approximately USD 1.1 million.
30-10-2006
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SQM reported today earnings for the third quarter of 2006,
which reached US$36.4 million (US$1.38 per ADR), 12.9% higher than the US$32.2 million recorded
during the same period of the previous year. Operating income for the third quarter reached US$57.5
million, 16.8% higher than the US$49.3 million reported for the same period during 2005. Revenues
totaled US$271.1 million, approximately 9.7% higher than the US$247.1 million recorded for the same
period of 2005.
24-10-2006
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We hereby inform you that Soquimich European Holdings B.V. ("SEH") -
subsidiary of Sociedad Química y Minera de Chile S.A. ("SQM")- and Yara Italy
S.P.A. ("YARA") -subsidiary of Yara International ASA, which forms part of the
"controlling group" of SQM- executed in Italy on September 14, 2006, a sales and
purchase agreement by which SEH sold to YARA all the rights that SEH had in the
Italian society Impronta S.R.L. ("Impronta"), which represented 50% of the total
rights of Impronta. The agreement involves a payment of €623,000 paid on cash.
15-09-2006
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SQM reported today earnings for the second quarter of
2006, which reached US$41.0 million (US$1.56 per ADR), 37.7% higher than the US$29.7 million
(US$1.13 per ADR) recorded during the second quarter of 2005.
09-08-2006
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SQM reported today earnings for the first quarter of 2006, which
reached US$34.3 million (US$1.30 per ADR), 38.5% higher than the US$24.8 million (US$0.94 per ADR)
recorded during the first quarter of 2005. Operating income reached US$48.6 million (22% of revenues),
27.9% higher than the US$38.0 million (18% of revenues) of the previous year. Revenues reached
US$219.1 million, approximately 4.7% higher than the US$209.3 million recorded for the same period of
2005.
25-04-2006
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SQM announced that it has closed today an offering pursuant to Rule 144A and Regulation S of the U.S. Securities Act of 1933, as amended, of U.S.$200 million aggregate principal amount of its 6.125% Notes due 2016, issued at a discount of 99.746%.
05-04-2006
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The Board of Directors of SQM unanimously agreed, in accordance with the current Dividend Policy, to recommend to the next Annual Shareholders Meeting of SQM to pay as a definitive dividend, 65% of the net profits obtained by SQM during the 2005 business period.
29-03-2006
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SQM announced today that it intends, subject to market and other customary conditions, to make an offering of up to US$200,000,000 in aggregate principal amount of notes due 2016.
29-03-2006
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Fourth quarter 2005 earnings increased 43.8% to US$1.02 per ADR from US$0.71 per ADR for the fourth quarter 2004.
Earnings per ADR increased 52.9% from US$2.82 for the twelve-month period ended December 31, 2004, to US$4.31 for the twelve-month period ended December 31, 2005.
During the last nineteen quarters, net income has been higher then the net income of the same quarter of the previous year.
01-03-2006
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SQM informed today that it has successfully
secured coverage for the senior unsecured UF 3 million bond placed in the Chilean market on
January 24th 2006 through a cross currency swap.
31-01-2006
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SQM informed today that it has successfully placed in the Chilean market, a 21 years senior unsecured bond at a re-offer yield of 4.18% in UFs (Chilean inflation adjusted currency). This new issuance brings into the company financial resources for approximately USD 100 million to refinance company liabilities and to fund its 2006 capital expenditure program.
24-01-2006
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SQM informed today that it has acquired the iodine and iodine derivatives business of the Dutch “DSM Group”.
19-01-2006
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SQM and the Dutch Group “DSM” (DSM) are currently negotiating the possible purchase by SQM of all the shares issued by a Chilean and a Dutch subsidiary of DSM (both, DSMSB) involved in the production and distribution of iodine and iodine derivatives.
16-01-2006
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SQM informs that it has reached a preliminary agreement with Antofagasta Holdings PLC, in order to subscribe a sale-purchase and royalty payment contract related to SQM's mining properties associated to Antucoya's project.
30-12-2005
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SQM reported today earnings for the third quarter of 2005, which reached US$32.2 million (US$1.22 per ADR).
26-10-2005
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SQM reported today earnings for the second quarter of
2005, which reached US$ 29.7 million (US$ 1.13 per ADR), 87.5% higher than the US$ 15.9 million
recorded during the same period of the previous year.
09-08-2005
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SQM inform that has been notified about the ruling of the French Arbitration Association
(AFA) about the demand that the French Companies Compagnie du Guano de Poisson Angibaud S.A. and Generale
de Nutrition Vegetal SAS had interposed against SQM by the damages of a supposed breach in the distribution
agreements of Specialty Plant Nutrition products that both companies mantained in France.
27-07-2005
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SQM informed that SQM International and Akzo Nobel’s Chelates and Micronutrients
business have entered into a global marketing cooperation within chelated micronutrients, a range of specialty
products used worldwide.
26-05-2005
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SQM reported today earnings for the first quarter of 2005 which
reached US$24.8 million (US$0.94 per ADR), 76,8% higher than the US$14.0 million (US$0.53 per ADR)
recorded during the first quarter of 2004.
26-04-2005
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SQM reported today earnings for the fourth quarter of 2004
in the amount of US$18.6 million (US$0.71 per ADR), 75% higher than the US$10.6 million (US$0.40 per
ADR) recorded during the fourth quarter of 2003.
15-03-2005
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In August 2004, ACS has announced the winner for the first Award for Creative Research and
Applications of Iodine Chemistry to be granted at the ACS Awards Ceremony to be held in conjunction
with the 229th ACS National Meeting on March 15th, 2005, in San Diego, California.
03-12-2004
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SQM reported today earnings for the third quarter of 2004,
which reached US$25.7 million (US$0.98 per ADR), 94% higher than the US$13.3 million recorded during
the same period of the previous year.
09-11-2004
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SQM reported today earnings for the second quarter of
2004, which reached US$ 15.9 million (US$ 0.60 per ADR), 31.9% higher than the US$ 12.0 million
recorded during the same period of the previous year.
18-08-2004
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SQM informed today that it will implement a series of projects
oriented to increase its specialty fertilizers and iodine production capacity.
30-06-2004
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SQM reported today earnings for the first quarter of 2004, which
totaled US$ 14.0 million (US$ 0.53 per ADR), 30% higher than the US$ 10.8 million (US$ 0.41 per ADR)
reported for the first quarter of the previous year.
10-05-2004
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SQM reported today earnings for the year 2003, which
reached US$46.8 million (US$ 1.78 per ADR), 16.3% higher than the US$ 40.2 million (US$ 1.53 per
ADR) reported for the previous year.
17-03-2004
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SQM is implementing a price increase of ten percent
(10%) for all grades of lithium carbonate and of seven percent (7%) for all grades of lithium hydroxide.
14-11-2003
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SQM reported today earnings for the third quarter of 2003,
which reached US$13.3 million (US$0.50 per ADR), 14.5% higher than the US$11.6 million recorded
during the same period of the previous year.
12-11-2003
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