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Friday 09 November, 2007

SQM

SQM Filed Its 2006 Annual Report on Form 20-F w...





SANTIAGO, Chile, November 9 /PRNewswire/ --

    Sociedad Quimica y Minera de Chile S.A. (SQM) (NYSE: SQM, SQMA; Santiago
Stock Exchange: SQM-B, SQM-A) 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.


    Hard copies of the Company's complete audited financial statements can
also be requested by the Company's ADR holders, free of charge, by contacting
the Company, via telephone (+56-2425-2485) or e-mail ([email protected]
or [email protected]), or by writing to the following address:


El Trovador 4285, Piso 6, Las Condes, Santiago, Chile

    SQM is an integrated producer and distributor of specialty plant
nutrition, industrial chemicals, iodine and lithium. Its products are based
on the development of high quality natural resources that allow the Company
to be leader in costs, supported by a specialized international network with
sales in over 100 countries. SQM's development strategy aims to maintain and
strengthen the world leadership in its three main businesses: specialty plant
nutrition, iodine and lithium.



    The leadership strategy is based on the Company's competitive advantages
and on the sustainable growth of the different markets where it participates.
SQM's main competitive advantages in its different businesses are:


    
    - Low production costs based on vast and high quality natural resources.
    - Know-how and its own technological developments in its various
      production processes.
    - Logistics infrastructure and high production levels that allow SQM to
      have low distribution costs.
    - High market share in all its core products
    - International sales offices in more than 20 countries and sales in over
      100 countries.
    - Sales synergies due to the production of a complete range of specialty
      plant nutrition.
    - Continuous new product development according to the specific needs of
      its different customers.
    - Conservative and solid financial position

    For further information contact:
    Patricio Vargas, +56-2-4252274 / +56-2-4252485 / [email protected]
    Carolyn McKenzie, +56-2-4252074 / [email protected]





Web site: http://www.sqm.com

                                                                                                                                                                                                                       

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