SQM INFORMS PRODUCTION FACILITY RESTRUCTURING

Security Theme

Strategic Competition

Keywords

Critical Minerals, SQM, Nueva, Victoria, Iodine, Production Cost, Efficiencies, Facility, Restructuring, Pedro de Valdivia

Description

In 2015, SQM announces restructuring of its Nueva Victoria production facilities, projecting iodine production capacity to exceed 9.0 kton per year. Cost efficiencies reached historic lows in 2015, enabling SQM's iodine and derivatives sales growth. The Pedro de Valdivia facility will cease operations, focusing on Nueva Victoria to achieve an effective iodine production capacity of approximately 10.0 kton per year.

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SQM INFORMS PRODUCTION FACILITY RESTRUCTURING

In 2015, SQM announces restructuring of its Nueva Victoria production facilities, projecting iodine production capacity to exceed 9.0 kton per year. Cost efficiencies reached historic lows in 2015, enabling SQM's iodine and derivatives sales growth. The Pedro de Valdivia facility will cease operations, focusing on Nueva Victoria to achieve an effective iodine production capacity of approximately 10.0 kton per year.