Sociedad Quimica y Minera de Chile S.A.: Update following affirmation on ratings and outlook
CORPORATES CREDIT OPINION 4 April 2017 Update RATINGS Sociedad Quimica y Minera de Chile S.A. Domicile Chile Long Term Rating Baa1 Type Senior Unsecured - Fgn Curr Outlook Negative Please see the ratings section at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts Alonso Sanchez 52-55-1253-5706Sociedad Quimica y Minera de Chile is engaged in the production of a range of nitrate-based products used for specialty plant nutrients and industrial applications, as well as iodine and iodine derivatives. Co. extracts brines rich in potassium, lithium, sulfate and boron in order to produce potassium chloride, potassium sulfate, lithium solutions, boric acid and bischofite (magnesium chloride). Co. also produces lithium carbonate and lithium hydroxide. Co.'s products are divided into six categories: specialty plant nutrition, iodine and its derivatives, lithium and its derivatives, industrial chemicals, potassium and other products and services.
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