Maria Elena
The Guggenheim family acquires land in the El Toco sector and opens the María Elena saltpeter office.
Learn more about SQM's history and origins.
Caliche is a mineral rich in nitrate, iodine and, to a lesser extent, potassium, found in layers up to 5 meters thick in the Chilean desert. Known by the native peoples and used as a fertilizer since the Spanish conquest in the 17th century, its industrial exploitation began in the 19th century. Initially extracted by hand in settlements called "paradas", caliche was key to the Chilean saltpeter industry, which reached its peak after the first shipment to Europe in 1830. The María Elena Office, inaugurated in 1926, is the only saltpeter plant still in operation, using the Guggenheim brothers' extraction system.
In the context of today's global economy, we have a new approach to the exploitation of caliche. This resource, together with the brines from the Salar de Atacama, are vital for national and global development. For SQM, which is today the heir to this great industry, these natural resources are essential in the production of the best products and services for its customers. Therefore, at SQM we continuously develop and implement new processes, employing the most advanced technologies, and generating innovative solutions to maximize available resources through sustainable and efficient operations.
1920
1926
The Guggenheim family acquires land in the El Toco sector and opens the María Elena saltpeter office.
1950
1951
A saltpeter crystallization plant is built at Coya Sur to take advantage of the nitrate precipitation in the solar evaporation ponds.
1960
1968
SQM is born. It is created from the merger of Corporación de Ventas de Salitre y Yodo, Compañía Salitrera Anglo Lautaro and Compañía Victoria, with the participation of the Chilean government.
1980
1983
SQM's privatization process begins and concludes in 1988, and Chilean private pension funds acquire an ownership interest.
1986
The Coya Sur potassium nitrate plant starts production, using a completely new method designed by SQM.
1990
1993
Operations begin at the technical grade potassium nitrate plant. SQM completes its first issuance of shares in international markets through its ADR program.
2000
2000
SQM expands its potassium chloride production in the Salar de Atacama, and builds a new potassium nitrate plant in Coya Sur.
2007
Production of prills and granulates begins at the Coya Sur plant.
2009
SQM signs new joint ventures with Coromandel (India), Qingdao Star (China) and Roullier (France).
2010
2011
The production stage at the new potassium nitrate plant in Coya Sur begins, increasing production by 300,000 tons per year.
2012
SQM expands the production capacity of potassium products at its Salar de Atacama facilities, achieving a production of approximately 2 million tons per year.
2016
SQM opens a new logistics terminal in Terneuzen, the Netherlands.