Sociedad Quimica y Minera de Chile SA (SQM) is a leading Chilean company specializing in the production of fertilizers, specialty chemicals, and minerals. The company operates in five business areas and offers a wide range of products used in agriculture, industry, and mining.
SQM's largest business area is the production of potassium fertilizers. SQM operates multiple mines worldwide to extract potassium salts, which are then processed into various fertilizers. The largest market for these products is agriculture, as they serve as important nutrients for plant growth. SQM offers a wide range of potassium fertilizers, including liquid fertilizers, fertilizer granules, and specialty blends tailored to specific needs of different plant species and soil types.
SQM is also a leader in the production of specialty chemicals, particularly lithium products. Lithium is used in various industries, including electronics, batteries, and glass. SQM operates multiple lithium extraction facilities and offers a wide range of products, including lithium carbonate, lithium hydroxide, and lithium metal.
Another important business area for SQM is the production of iodine products. Iodine is an essential component of food, animal feed, and medical products. SQM operates several iodine extraction facilities and offers a variety of products, including sodium iodide, potassium iodide, and iodine dioxide.
In addition to the production of fertilizers, specialty chemicals, and minerals, SQM also operates a lithium battery division. The company offers a wide range of lithium batteries and systems used in various applications, including electric vehicles, energy storage, and portable electronics.
Finally, SQM also operates an industrial chemicals division. The portfolio includes chemicals such as sulfuric acid, sodium sulfate, and sodium carbonate, which are used in various industrial applications, including papermaking, metal processing, and textile production.
Overall, SQM's business model is focused on the production and sale of products that can be used in various industries and applications. SQM relies on a wide product range to serve diversified markets and minimize risk. The company also invests continuously in research and development to offer innovative products and solutions to its customers and strengthen its competitive position.