Chile's SQM to Invest $1 Billion to Increase Production of Potassium-Based Products

CORDOBA, ARGENTINA--August 4, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Sociedad Quimica y Minera (NYSE:SQM) (SQM) (Santiago, Chile) recently announced the Capex Plan, which aims to increase the production capacity of potassium-based products in its major business facilities between 2008 and 2010 with a total investment of about $1 billion.