The presentation summarizes SQM's financial results for the fourth quarter of 2016, including increased revenues driven by higher lithium sales volumes and prices, though lower prices in other businesses limited margins; it also outlines the company's growth strategy and capital expenditure plans to increase production of potassium nitrate, lithium, and solar salts through 2020.
SQM presented its fourth quarter 2016 earnings, reporting revenues of $1.939 billion and EBITDA of $761 million, with strong contributions from lithium sales volumes and prices. The presentation outlined SQM's financial results and position, business segment highlights and outlook, capital expenditure plans, and considerations regarding arbitration with CORFO and market conditions. SQM aims to increase EBITDA to over $1 billion by 2020 through growth initiatives across its business segments.
This document provides an overview of SQM, a leading producer of specialty plant nutrients, iodine, lithium, potassium, and industrial chemicals. It discusses SQM's business segments and highlights, including its position as the world's lowest cost producer of lithium. It also outlines SQM's strategic goals, which include growing its lithium, solar salts, and specialty plant nutrients businesses. Additionally, the document summarizes SQM's capital expenditure plans and ongoing arbitration with CORFO regarding its lease agreement.
SQM is a global producer of specialty plant nutrients, iodine, lithium, potassium chloride and industrial chemicals. It has unique and abundant natural resources in Chile which allow it to be the dominant or largest global producer in many of its business lines. It has a diversified customer base of thousands of customers in over 110 countries. SQM has maintained strong financial performance in recent years with consistent revenue growth, profitability, and low debt levels.
SQM is a global producer of specialty plant nutrients, lithium and industrial chemicals. It has unique and abundant natural resources in Chile. SQM has leading market positions in several businesses including potassium nitrate, iodine, lithium and industrial chemicals. It has a solid financial position and expects higher sales volumes and prices in 2016 for key products like lithium and solar salts.
SQM is a global producer of specialty plant nutrients, iodine, lithium, and industrial chemicals. In 2015, SQM reported revenues of $1.7 billion and EBITDA of $724 million, with a 42% EBITDA margin. SQM has unique and abundant natural resources in Chile, including the world's largest deposits of nitrates and iodine. It is also the lowest cost producer of lithium globally. SQM has a solid financial position and expects higher sales volumes and capital expenditures in 2016.
The document provides an earnings presentation for SQM's first quarter of 2017. It summarizes the company's financial performance, market outlook, capital expenditure plans, and business opportunities. Key points include revenue of $2.1 billion for the last twelve months and EBITDA of $821 million. SQM expects demand growth in most of its business lines, including lithium and potassium, and has expansion plans to increase production capacity for lithium, potassium nitrate, and other products. The presentation also reviews SQM's competitive position and ownership structure.
- PotashCorp reported first quarter earnings of $1.02 per share, or $308.3 million, down from $1.74 per share in the first quarter of last year. Earnings were supported by potash pricing despite lower sales volumes for all three nutrients.
- Potash sales volumes declined significantly due to delayed customer purchasing amid economic uncertainty, with only 0.5 million tonnes sold compared to 2.5 million tonnes in the first quarter of 2008. However, average realized potash prices were $250 per tonne higher than the previous year.
- Phosphate and nitrogen also saw large declines in gross margin due to weak demand and lower prices for their products. Overall revenues and
- The document discusses forward-looking statements and disclaimers regarding projections and estimates contained in a presentation about Dorian LPG.
- It notes that forward-looking statements involve risks and uncertainties that may cause actual results to differ from projections, and that financial projections should not be considered reliable indicators of future performance.
- The company provides no assurance that assumptions underlying forward-looking statements are correct or that projected circumstances and results will occur.
SQM presented its fourth quarter 2016 earnings, reporting revenues of $1.939 billion and EBITDA of $761 million, with strong contributions from lithium sales volumes and prices. The presentation outlined SQM's financial results and position, business segment highlights and outlook, capital expenditure plans, and considerations regarding arbitration with CORFO and market conditions. SQM aims to increase EBITDA to over $1 billion by 2020 through growth initiatives across its business segments.
This document provides an overview of SQM, a leading producer of specialty plant nutrients, iodine, lithium, potassium, and industrial chemicals. It discusses SQM's business segments and highlights, including its position as the world's lowest cost producer of lithium. It also outlines SQM's strategic goals, which include growing its lithium, solar salts, and specialty plant nutrients businesses. Additionally, the document summarizes SQM's capital expenditure plans and ongoing arbitration with CORFO regarding its lease agreement.
SQM is a global producer of specialty plant nutrients, iodine, lithium, potassium chloride and industrial chemicals. It has unique and abundant natural resources in Chile which allow it to be the dominant or largest global producer in many of its business lines. It has a diversified customer base of thousands of customers in over 110 countries. SQM has maintained strong financial performance in recent years with consistent revenue growth, profitability, and low debt levels.
SQM is a global producer of specialty plant nutrients, lithium and industrial chemicals. It has unique and abundant natural resources in Chile. SQM has leading market positions in several businesses including potassium nitrate, iodine, lithium and industrial chemicals. It has a solid financial position and expects higher sales volumes and prices in 2016 for key products like lithium and solar salts.
SQM is a global producer of specialty plant nutrients, iodine, lithium, and industrial chemicals. In 2015, SQM reported revenues of $1.7 billion and EBITDA of $724 million, with a 42% EBITDA margin. SQM has unique and abundant natural resources in Chile, including the world's largest deposits of nitrates and iodine. It is also the lowest cost producer of lithium globally. SQM has a solid financial position and expects higher sales volumes and capital expenditures in 2016.
The document provides an earnings presentation for SQM's first quarter of 2017. It summarizes the company's financial performance, market outlook, capital expenditure plans, and business opportunities. Key points include revenue of $2.1 billion for the last twelve months and EBITDA of $821 million. SQM expects demand growth in most of its business lines, including lithium and potassium, and has expansion plans to increase production capacity for lithium, potassium nitrate, and other products. The presentation also reviews SQM's competitive position and ownership structure.
- PotashCorp reported first quarter earnings of $1.02 per share, or $308.3 million, down from $1.74 per share in the first quarter of last year. Earnings were supported by potash pricing despite lower sales volumes for all three nutrients.
- Potash sales volumes declined significantly due to delayed customer purchasing amid economic uncertainty, with only 0.5 million tonnes sold compared to 2.5 million tonnes in the first quarter of 2008. However, average realized potash prices were $250 per tonne higher than the previous year.
- Phosphate and nitrogen also saw large declines in gross margin due to weak demand and lower prices for their products. Overall revenues and
- The document discusses forward-looking statements and disclaimers regarding projections and estimates contained in a presentation about Dorian LPG.
- It notes that forward-looking statements involve risks and uncertainties that may cause actual results to differ from projections, and that financial projections should not be considered reliable indicators of future performance.
- The company provides no assurance that assumptions underlying forward-looking statements are correct or that projected circumstances and results will occur.
Comgás is a natural gas distribution company in Brazil. In the third quarter of 2012, Comgás connected 90 thousand new households, saw volume growth of 10.2% year-over-year, and invested R$427 million, up 17% from the same period in 2011. Financial results for the first nine months were also up year-over-year, with net income increasing 17.3% and EBITDA rising 18.1% compared to the same period in 2011. The company announced a change in controlling shareholders, with Cosan acquiring a 60.1% indirect stake from BG Group.
Brazil petroleum and natural gas market outlook to 2016 executive summaryAMMindpower
The report titled “Brazil Petroleum and Natural Gas Market Outlook to 2016 - Opportunities in Pre-Salt Region” provides a comprehensive analysis of market size of petroleum and natural gas industry on the basis of petroleum industry and natural gas industry.
PARAGUAY - Business opportunities in infrastructure sector - August 2011Mary Wimmer
The BAIRS/Trade Section conducted a fact-finding visit to Paraguay from June 22 to 24, meeting with government and business representatives. They found considerable potential for economic development from large infrastructure projects and recent government policies. Projects include a $4.1 billion aluminum smelter, industrial parks, and billions budgeted for roads, utilities, airports and more. While financing is uncertain, opportunities exist for Canadian engineering, construction, and other companies in these projects and concessions.
This document provides an overview of BASF, the world's leading chemical company. In 3 sentences:
BASF is a global chemical company with over 110,000 employees worldwide. It has 6 major production sites and generates over €72 billion in annual sales. The presentation summarizes BASF's business segments and regions, strategic focus on innovation and growth, and key acquisitions to help achieve its financial targets of earning a premium on capital and growing profitability by 2020.
SQM reported its 1Q2018 results. Revenue increased 11% to $519 million compared to 1Q2017, driven by higher prices for lithium and iodine which offset lower sales volumes. Gross profit decreased 4% to $178 million due to lower volumes. SQM expects continued growth in lithium demand and has expansion plans to increase lithium carbonate capacity to 180,000 MT by 2021. SQM pays dividends according to a policy based on financial metrics and paid $110 million, $100 million, and $114 million in dividends in 2018 related to 2017 and 2018 earnings.
Marathon Oil Corporation reported strong financial results for the second quarter of 2006, with net income of $1.748 billion compared to $673 million in the second quarter of 2005. Earnings were boosted by higher oil and gas prices and sales volumes. The company invested over $9 billion in projects over the past 18 months. Marathon completed the sale of its Russian business and continues to advance major projects globally. Upstream income increased due to higher commodity prices and volumes, particularly in Libya and Equatorial Guinea.
Corporate presentation cpfl energia 2 q19_en_finalersa_ri
CPFL Energia is one of the largest private players in the Brazilian electricity sector with a market cap of R$38.7 billion. It has operations concentrated in distribution, renewable generation, and energy commercialization. In 1H19, EBITDA was R$5,937 million and net income was R$2,440 million. It has 9.6 million customers across 687 municipalities in Brazil. CPFL Energia aims to grow through expansion in renewable generation and transmission projects while maintaining high standards of corporate governance.
The document summarizes initiatives by the Oil and Gas Climate Initiative (OGCI) to address climate change. Key points:
1) OGCI was formed in response to the Paris Agreement and aims to reduce greenhouse gas emissions from oil and gas operations and products.
2) OGCI is launching OGCI Climate Investments, a $1 billion fund over 10 years to support low-emissions technologies. Their focus areas are reducing methane emissions, accelerating carbon capture and storage, improving energy efficiency, and reducing transportation emissions.
3) OGCI members have reduced their own greenhouse gas emissions by 23% over the past decade but recognize the need to further reduce emissions from their industry and products to
Van_Horn_A-California’s Cap-and-Trade Market for Greenhouse Gas Allowances, H...Andy Van Horn
This document provides an overview and analysis of California's cap-and-trade program for greenhouse gases under AB 32. It summarizes allowance prices and auction results through 2014, examines the complex holding limit and limited exemption rules, and provides examples of how these rules impact high-emitting firms. The document recommends modifications to the program, including adding a hard price cap, removing restrictions on the compliance account, and adjusting holding limits, to make the program more efficient.
Total's strategy focuses on improving efficiency, preparing for the future, leveraging its integrated business model, tackling short-term challenges, positioning strongly for the medium-term, and creating long-term shareholder value. In the short-term, Total aims to improve safety and delivery, reduce costs, and generate cash flow. For the medium-term, Total seeks to lower its oil portfolio's breakeven, expand along the gas value chain, and capitalize on its customer-focused culture. Total also aims to develop a profitable low-carbon business to create value over the long-term.
The document provides an overview of Sharyn Gol JSC, a coal mining company in Mongolia. It summarizes that Sharyn Gol has large coal resources, currently produces around 500,000 tons annually but plans to increase production significantly. It also has its own rail line providing access to domestic and international markets. The company aims to become a major coal supplier in Mongolia and the Asian region to meet growing energy demand.
Using P/E basis, at the CMP the stock quotes at a FY16 P/E of 10.3. We think investors could buy the stock on dips to Rs.365 – Rs.384 band (~9.5-10.00x FY16E EPS and ~5.25-5.5xFY16 EV/EBITDA) for target of Rs.422 (~11.0x FY16E EPS and ~6x FY16 EV/EBITDA) over the next 1 quarter.
Hera Group Approves Business Plan to 2019Hera Group
The Hera Group approved a business plan to 2019 that aims to increase EBITDA to over €1 billion by 2019. The plan focuses on balanced growth through both internal improvements like efficiency initiatives and external growth like acquisitions. Key targets include revenue over €5.8 billion, EBITDA of €1.03 billion, capital expenditures of €2.2 billion, and a net debt to EBITDA ratio of 2.9x by 2019. The plan aims to strengthen Hera's position in a more competitive environment through sustainable growth.
Natural Resource Partners L.P. held investor meetings in May 2015 to provide an overview and update. The document discusses NRP's diversified natural resource portfolio including interests in coal, aggregates, soda ash, and oil and gas. It notes the current challenges facing the coal industry and NRP's focus on reducing debt and improving its balance sheet. NRP expects to reduce debt by $500 million by the end of 2017 through distribution cuts and using the savings to repay debt. The summary highlights NRP's various business segments and financial projections.
- Solid first half results for Leonardo with strong performance in military/governmental business.
- All businesses are on track to deliver 2021 targets and guidance is confirmed.
- Some positive signs seen in the challenging civil aeronautics market.
- Strong order intake and backlog provide long-term visibility, while performance is strengthening as COVID impacts reduce.
The document summarizes the financial results of CIECH Group for the first quarter of 2016. Key points include:
- Revenue increased 1.1% to PLN 826 million driven by higher soda ash volumes and favorable currency exchange rates.
- EBITDA grew 7.0% to PLN 206 million and the EBITDA margin expanded 1.4 percentage points to 25.0% due to lower energy and raw material costs.
- Net profit more than doubled to PLN 102 million mainly from higher soda ash prices and sales volumes along with cost savings.
Presentation of the Strategy & Outlook by Patrick Pouyanné, Chairman and Chief Executive Officer and Patrick de La Chevardière, Chief Financial Officer.
September 2017
SQM reported its first quarter 2017 earnings. Revenue for the last twelve months was $2.1 billion with EBITDA of $821 million, representing an EBITDA margin of around 39%. SQM is a world leader in specialty products including potassium nitrate, iodine, lithium, and solar salts. It has healthy credit metrics with net debt to EBITDA of 0.40 and investment grade credit ratings. SQM is pursuing growth projects including expansions of its lithium carbonate, lithium hydroxide, and potassium nitrate capacities through 2017-2018 with expected capital expenditures of around $180 million.
SQM reported its first quarter 2017 earnings. Revenue for the last twelve months was $2.1 billion with EBITDA of $821 million, representing an EBITDA margin of around 39%. SQM is a world leader in specialty products including potassium nitrate, iodine, lithium, and solar salts. It has healthy credit metrics with net debt to EBITDA of 0.40 and investment grade credit ratings. SQM is pursuing growth projects including expansions of its lithium carbonate, lithium hydroxide, and potassium nitrate capacities through 2017-2018 with expected capital expenditures of around $180 million.
This document provides an overview of SQM, a global producer of specialty plant nutrients, iodine, lithium, potassium, and industrial chemicals. It discusses SQM's leading market positions, diverse product offerings sold globally, abundant natural resources in Chile, and recent financial performance. Risk factors and opportunities are also reviewed, including investments in expanding production capacity and metallic mineral exploration.
SQM is a global producer of specialty plant nutrients, lithium, iodine, and industrial chemicals. It has unique and abundant natural resources in Chile that allow it to be the lowest cost producer. It has a solid financial position and sells its diverse product portfolio globally in over 115 countries. While forward-looking statements involve risks and uncertainties, SQM is well positioned due to its leading market positions, low production costs from its natural resources, and experienced management team.
Comgás is a natural gas distribution company in Brazil. In the third quarter of 2012, Comgás connected 90 thousand new households, saw volume growth of 10.2% year-over-year, and invested R$427 million, up 17% from the same period in 2011. Financial results for the first nine months were also up year-over-year, with net income increasing 17.3% and EBITDA rising 18.1% compared to the same period in 2011. The company announced a change in controlling shareholders, with Cosan acquiring a 60.1% indirect stake from BG Group.
Brazil petroleum and natural gas market outlook to 2016 executive summaryAMMindpower
The report titled “Brazil Petroleum and Natural Gas Market Outlook to 2016 - Opportunities in Pre-Salt Region” provides a comprehensive analysis of market size of petroleum and natural gas industry on the basis of petroleum industry and natural gas industry.
PARAGUAY - Business opportunities in infrastructure sector - August 2011Mary Wimmer
The BAIRS/Trade Section conducted a fact-finding visit to Paraguay from June 22 to 24, meeting with government and business representatives. They found considerable potential for economic development from large infrastructure projects and recent government policies. Projects include a $4.1 billion aluminum smelter, industrial parks, and billions budgeted for roads, utilities, airports and more. While financing is uncertain, opportunities exist for Canadian engineering, construction, and other companies in these projects and concessions.
This document provides an overview of BASF, the world's leading chemical company. In 3 sentences:
BASF is a global chemical company with over 110,000 employees worldwide. It has 6 major production sites and generates over €72 billion in annual sales. The presentation summarizes BASF's business segments and regions, strategic focus on innovation and growth, and key acquisitions to help achieve its financial targets of earning a premium on capital and growing profitability by 2020.
SQM reported its 1Q2018 results. Revenue increased 11% to $519 million compared to 1Q2017, driven by higher prices for lithium and iodine which offset lower sales volumes. Gross profit decreased 4% to $178 million due to lower volumes. SQM expects continued growth in lithium demand and has expansion plans to increase lithium carbonate capacity to 180,000 MT by 2021. SQM pays dividends according to a policy based on financial metrics and paid $110 million, $100 million, and $114 million in dividends in 2018 related to 2017 and 2018 earnings.
Marathon Oil Corporation reported strong financial results for the second quarter of 2006, with net income of $1.748 billion compared to $673 million in the second quarter of 2005. Earnings were boosted by higher oil and gas prices and sales volumes. The company invested over $9 billion in projects over the past 18 months. Marathon completed the sale of its Russian business and continues to advance major projects globally. Upstream income increased due to higher commodity prices and volumes, particularly in Libya and Equatorial Guinea.
Corporate presentation cpfl energia 2 q19_en_finalersa_ri
CPFL Energia is one of the largest private players in the Brazilian electricity sector with a market cap of R$38.7 billion. It has operations concentrated in distribution, renewable generation, and energy commercialization. In 1H19, EBITDA was R$5,937 million and net income was R$2,440 million. It has 9.6 million customers across 687 municipalities in Brazil. CPFL Energia aims to grow through expansion in renewable generation and transmission projects while maintaining high standards of corporate governance.
The document summarizes initiatives by the Oil and Gas Climate Initiative (OGCI) to address climate change. Key points:
1) OGCI was formed in response to the Paris Agreement and aims to reduce greenhouse gas emissions from oil and gas operations and products.
2) OGCI is launching OGCI Climate Investments, a $1 billion fund over 10 years to support low-emissions technologies. Their focus areas are reducing methane emissions, accelerating carbon capture and storage, improving energy efficiency, and reducing transportation emissions.
3) OGCI members have reduced their own greenhouse gas emissions by 23% over the past decade but recognize the need to further reduce emissions from their industry and products to
Van_Horn_A-California’s Cap-and-Trade Market for Greenhouse Gas Allowances, H...Andy Van Horn
This document provides an overview and analysis of California's cap-and-trade program for greenhouse gases under AB 32. It summarizes allowance prices and auction results through 2014, examines the complex holding limit and limited exemption rules, and provides examples of how these rules impact high-emitting firms. The document recommends modifications to the program, including adding a hard price cap, removing restrictions on the compliance account, and adjusting holding limits, to make the program more efficient.
Total's strategy focuses on improving efficiency, preparing for the future, leveraging its integrated business model, tackling short-term challenges, positioning strongly for the medium-term, and creating long-term shareholder value. In the short-term, Total aims to improve safety and delivery, reduce costs, and generate cash flow. For the medium-term, Total seeks to lower its oil portfolio's breakeven, expand along the gas value chain, and capitalize on its customer-focused culture. Total also aims to develop a profitable low-carbon business to create value over the long-term.
The document provides an overview of Sharyn Gol JSC, a coal mining company in Mongolia. It summarizes that Sharyn Gol has large coal resources, currently produces around 500,000 tons annually but plans to increase production significantly. It also has its own rail line providing access to domestic and international markets. The company aims to become a major coal supplier in Mongolia and the Asian region to meet growing energy demand.
Using P/E basis, at the CMP the stock quotes at a FY16 P/E of 10.3. We think investors could buy the stock on dips to Rs.365 – Rs.384 band (~9.5-10.00x FY16E EPS and ~5.25-5.5xFY16 EV/EBITDA) for target of Rs.422 (~11.0x FY16E EPS and ~6x FY16 EV/EBITDA) over the next 1 quarter.
Hera Group Approves Business Plan to 2019Hera Group
The Hera Group approved a business plan to 2019 that aims to increase EBITDA to over €1 billion by 2019. The plan focuses on balanced growth through both internal improvements like efficiency initiatives and external growth like acquisitions. Key targets include revenue over €5.8 billion, EBITDA of €1.03 billion, capital expenditures of €2.2 billion, and a net debt to EBITDA ratio of 2.9x by 2019. The plan aims to strengthen Hera's position in a more competitive environment through sustainable growth.
Natural Resource Partners L.P. held investor meetings in May 2015 to provide an overview and update. The document discusses NRP's diversified natural resource portfolio including interests in coal, aggregates, soda ash, and oil and gas. It notes the current challenges facing the coal industry and NRP's focus on reducing debt and improving its balance sheet. NRP expects to reduce debt by $500 million by the end of 2017 through distribution cuts and using the savings to repay debt. The summary highlights NRP's various business segments and financial projections.
- Solid first half results for Leonardo with strong performance in military/governmental business.
- All businesses are on track to deliver 2021 targets and guidance is confirmed.
- Some positive signs seen in the challenging civil aeronautics market.
- Strong order intake and backlog provide long-term visibility, while performance is strengthening as COVID impacts reduce.
The document summarizes the financial results of CIECH Group for the first quarter of 2016. Key points include:
- Revenue increased 1.1% to PLN 826 million driven by higher soda ash volumes and favorable currency exchange rates.
- EBITDA grew 7.0% to PLN 206 million and the EBITDA margin expanded 1.4 percentage points to 25.0% due to lower energy and raw material costs.
- Net profit more than doubled to PLN 102 million mainly from higher soda ash prices and sales volumes along with cost savings.
Presentation of the Strategy & Outlook by Patrick Pouyanné, Chairman and Chief Executive Officer and Patrick de La Chevardière, Chief Financial Officer.
September 2017
SQM reported its first quarter 2017 earnings. Revenue for the last twelve months was $2.1 billion with EBITDA of $821 million, representing an EBITDA margin of around 39%. SQM is a world leader in specialty products including potassium nitrate, iodine, lithium, and solar salts. It has healthy credit metrics with net debt to EBITDA of 0.40 and investment grade credit ratings. SQM is pursuing growth projects including expansions of its lithium carbonate, lithium hydroxide, and potassium nitrate capacities through 2017-2018 with expected capital expenditures of around $180 million.
SQM reported its first quarter 2017 earnings. Revenue for the last twelve months was $2.1 billion with EBITDA of $821 million, representing an EBITDA margin of around 39%. SQM is a world leader in specialty products including potassium nitrate, iodine, lithium, and solar salts. It has healthy credit metrics with net debt to EBITDA of 0.40 and investment grade credit ratings. SQM is pursuing growth projects including expansions of its lithium carbonate, lithium hydroxide, and potassium nitrate capacities through 2017-2018 with expected capital expenditures of around $180 million.
This document provides an overview of SQM, a global producer of specialty plant nutrients, iodine, lithium, potassium, and industrial chemicals. It discusses SQM's leading market positions, diverse product offerings sold globally, abundant natural resources in Chile, and recent financial performance. Risk factors and opportunities are also reviewed, including investments in expanding production capacity and metallic mineral exploration.
SQM is a global producer of specialty plant nutrients, lithium, iodine, and industrial chemicals. It has unique and abundant natural resources in Chile that allow it to be the lowest cost producer. It has a solid financial position and sells its diverse product portfolio globally in over 115 countries. While forward-looking statements involve risks and uncertainties, SQM is well positioned due to its leading market positions, low production costs from its natural resources, and experienced management team.
SQM reported its 2017 results. Key highlights included:
- Revenue of $2.2 billion and EBITDA of $894 million.
- Lithium sales volumes of 49.7k MT and revenues of $645 million, contributing 60% of gross profit.
- Iodine sales volumes of 12.7k MT and revenues of $252 million, contributing 7% of gross profit.
- Potassium nitrate sales volumes of 966.2k MT and revenues of $697 million, contributing 19% of gross profit.
- Planned expansions of lithium carbonate and hydroxide capacities in Chile by 2019.
- Capital expenditures framework of $517 million for 2018
SQM reported its 2017 results. Key highlights included:
- Revenue of $2.2 billion and EBITDA of $894 million.
- Lithium sales volumes of 49.7k MT and revenues of $645 million, contributing 60% of gross profit.
- Iodine sales volumes of 12.7k MT and revenues of $252 million, contributing 7% of gross profit.
- Potassium nitrate sales volumes of 966.2k MT and revenues of $697 million, contributing 19% of gross profit.
- Planned expansions of lithium carbonate and hydroxide capacities in Chile by 2019.
SQM reported its 2017 results. Key highlights included:
- Revenue of $2.2 billion and EBITDA of $894 million.
- Lithium sales volumes of 49.7k MT and revenues of $645 million, contributing 60% of gross profit.
- Iodine sales volumes of 12.7k MT and revenues of $252 million, contributing 7% of gross profit.
- Potassium nitrate sales volumes of 966.2k MT and revenues of $697 million, contributing 19% of gross profit.
- Planned expansions of lithium carbonate and hydroxide capacities in Chile by 2019.
- Capital expenditures framework of $517 million for 2018
SQM reported its 2Q2017 results. The company is a leading producer of lithium, iodine, potassium nitrate, and other specialty plant nutrients. In 1H2017, higher volumes of iodine and specialty plant nutrients outweighed lower prices, while lithium and potassium saw price increases. SQM has several expansion projects underway for lithium, iodine, and potassium production through 2018. It also has lithium projects in Argentina through a joint venture. SQM has a proven track record of generating cash and returning value to shareholders through dividends.
The document provides an overview of SQM, a global specialty plant nutrients and lithium company. It discusses SQM's business segments, financial profile, investment highlights, and capital expenditure program. Key points include that SQM has world-leading market shares in iodine, lithium, and potassium nitrate, with sales in over 115 countries. It also has a solid financial position and experienced management team. Recent capital expenditures have focused on expanding production capacities for various products.
Activated Carbon Market by Type, Application (Liquid Phase (Water Treatment, Foods & Beverages, Pharmaceutical & Medical), Gas Phase (Industrial, Automotive)), and Region (APAC, North America, Europe, Middle East, South America) - Read More Context at https://www.marketsandmarkets.com/Market-Reports/activated-carbon-362.html
SQM reported its 1Q2018 results. Revenue increased 11% to $519 million due to higher lithium and iodine prices outweighing lower sales volumes. Gross profit declined 22% to $517 million due to lower potassium sales and higher costs. The company is expanding lithium carbonate capacity to 180,000 MT by 2021 and lithium hydroxide capacity to 13,500 MT by 2018 through investments of $525 million from 2017-2021. SQM pays dividends according to a policy based on financial metrics and paid $114 million in interim dividends for 1Q2018.
The document outlines SQM, a global mining company based in Chile, and discusses its business lines including being a leading producer of potassium nitrate, iodine, lithium, and industrial chemicals. It highlights SQM's unique natural resources in Chile, sales to over 115 countries, solid financial position, and capital expenditure plans to increase production capacities of various products.
SQM reported its third quarter 2017 results. The company saw higher revenues and gross profits compared to the third quarter of 2016, driven by increased volumes in iodine and industrial chemicals offsetting lower prices. Prices increased in lithium and potassium business lines. SQM expects continued demand growth for its lithium and specialty plant nutrients products. The company has several expansion projects planned between 2016-2022 to increase production capacities of various products, with over $1 billion in planned capital expenditures.
The document contains forward-looking statements about the company's business outlook, future economic performance, and financial projections. These statements are estimates based on currently available information and involve risks and uncertainties that could cause actual results to differ materially. Risks that could affect the accuracy of the forward-looking statements are identified in public filings with the SEC. Forward-looking statements should be considered in light of these risk factors.
SQM reported strong financial results in the first half of 2017, with revenues of $2.1 billion and EBITDA of $853 million for the last twelve months. The company expects continued demand growth in its key markets of lithium, potassium nitrate, iodine and solar salts. SQM plans significant expansions across its business lines through 2018 to capitalize on these market opportunities.
SQM is a global company that produces specialty plant nutrients, iodine, lithium, potassium nitrate, and industrial chemicals. It has unique and abundant natural resources located in Chile. SQM has invested $2 billion over the past 5 years to expand production capacity. It is the leading global producer of potassium nitrate and iodine, and the lowest cost producer of lithium. SQM has a solid financial position with low debt levels and high liquidity. It expects capital expenditures to decrease in 2014 after significant investments to boost production capacity.
- First Quantum Minerals is a global copper producer with high-quality, cash-generating mines and imminent new production from its Cobre Panama project.
- The company has executed a strategy to focus on margin improvement, sell non-core assets, limit cash outflow, and restructure its balance sheet to fund development of Cobre Panama.
- Cobre Panama is on track and ramping up, with the potential to produce over 300,000 tonnes of copper annually by 2020, which would place First Quantum among the top copper producers globally.
This document contains forward-looking statements regarding SQM's business outlook, future economic performance, and financial projections. These statements are estimates based on currently available information and involve risks and uncertainties that could cause actual results to differ materially. Risks that could affect the accuracy of the forward-looking statements are identified in public filings with the SEC. Forward-looking statements should be considered in light of the risk factors identified in those filings.
SQM is a global producer of specialty plant nutrients, industrial chemicals, and lithium. It has unique and abundant natural resources in Chile. The presentation highlights SQM's leading market positions, solid financial performance, and opportunities for future growth through increased sales volumes and cost reductions. Key investment highlights include low-cost operations, sales diversification globally, and a strong financial position.
SQM is a global producer of specialty plant nutrients, lithium, iodine, and industrial chemicals. It has unique and abundant natural resources in Chile. SQM has leading market positions and is the lowest cost producer for several of its products. It has a solid financial position with stable revenues, earnings, and credit metrics. SQM continues to focus on cost savings programs and growing its specialty businesses.
ZKsync airdrop of 3.6 billion ZK tokens is scheduled by ZKsync for next week.pdfSOFTTECHHUB
The world of blockchain and decentralized technologies is about to witness a groundbreaking event. ZKsync, the pioneering Ethereum Layer 2 network, has announced the highly anticipated airdrop of its native token, ZK. This move marks a significant milestone in the protocol's journey, empowering the community to take the reins and shape the future of this revolutionary ecosystem.
Cleades Robinson, a respected leader in Philadelphia's police force, is known for his diplomatic and tactful approach, fostering a strong community rapport.
Methanex is the world's largest producer and supplier of methanol. We create value through our leadership in the global production, marketing and delivery of methanol to customers. View our latest Investor Presentation for more details.
UnityNet World Environment Day Abraham Project 2024 Press ReleaseLHelferty
June 12, 2024 UnityNet International (#UNI) World Environment Day Abraham Project 2024 Press Release from Markham / Mississauga, Ontario in the, Greater Tkaronto Bioregion, Canada in the North American Great Lakes Watersheds of North America (Turtle Island).
2. 2Fourth Quarter 2016 Earnings Presentation
Statements in this presentation concerning the Company’s business outlook
or future economic performances, anticipated profitability, revenues,
expenses, or other financial items, anticipated cost synergies and product or
service line growth, together with other statements that are not historical
facts, are “forward-looking statements” as that term is defined under Federal
Securities Laws.
Any forward-looking statements are estimates, reflecting the best judgment
of SQM based on currently available information and involve a number of
risks, uncertainties and other factors that could cause actual results to differ
materially from those stated in such statements.
Risks, uncertainties, and factors that could affect the accuracy of such
forward-looking statements are identified in the public filing made with the
Securities and Exchange Commission, and forward-looking statements should
be considered in light of those factors.
Important Notice
4. 4Fourth Quarter 2016 Earnings Presentation
Sodium nitrate + Potassium chloride = Potassium nitrate + (Sodium chloride)
Know How – Exploration, Process and Logistics
Caliche ore is only found in Chile
The world’s largest deposits of nitrates and iodine
Proprietary mining rights pursuant to exploitation concessions
High concentrations of potassium and lithium
High evaporation rates
Production rights are pursuant to a lease agreement with
CORFO until 2030
Technology and experience to efficiently operate
Caliche Ore
Salar Brines
High-quality reserves low-cost operations
Natural Resources and Experience
+
NaNO3
KCl
= KNO3 Sustainable Operations in the
North of Chile.
5. Arbitration: CORFO and SQM
CORFO Alleges SQM Position
SQM incorrectly determined lease payments, and
underpaid CORFO US$8.9 million (2009-2014)
• All payments were made appropriately
International reference price for KCL (used in
order to calculate lease payments) should have
been used for all potassium salts, without making
corrections to reflect for potassium content
• Per contract, CRU British Sulfur determines reference price
• Agreement states that unit of K content must be taken into
consideration
• CRU has determined reference price for all potassium
products
Lease agreement reference price for lithium
should be based on sales to non-related
customers and not average price to all customers
• Parties previously discussed reference pricing, and agreed on
lease payments based on average price from all customers.
• Average price referenced in bullet above based on all
customers has benefited CORFO over life of contract
SQM did not properly construct/replace property
markers per agreement
• Mining properties are fully protected from legal point of view
• Responsibility belongs to property owner (CORFO), and has
never been transferred by CORFO to SQM
• SQM has offered to construct and replace markers
As a result of these allegations, CORFO is calling
for early termination of the lease agreement
SQM has fully complied with all contractual obligations with
CORFO over the life of the contract
5
August 2016: CORFO formally initiated second arbitration regarding Project Agreement against SQM
Sept 2016: SQM formally initiated third arbitration against CORFO to look at the total period
May 2014: Arbitration was initiated between SQM and CORFO
6. SQM Strategic Goals Initiatives to Reach Goal
SPN: Continue to add value to KNO3 market • Build new NPK plants and form new strategic partnerships
• Aggressive investment in market development. New
products, new uses new customers in diverse regions
Potash: Be a low-cost producer • Extend Lean implementation in all our plants
• Evaluate new projects at low end of cost curve
Lithium: Grow and diversify geographically • Develop 50,000 MT project in Argentina
• Analyze other opportunities to supply growing market
Iodine: Increase market share • Ensure operational optimization between nitrates and iodine
• Promote R&D for new uses in the market
• Continue to develop downstream market through
partnership with Ajay Chemicals
Solar Salts: Achieve 200K MT/year by 2020 • Provide a full service for solar salt projects, leveraging
production and logistics experience
New Business • Metal exploration: copper, gold, zinc within our current
natural resources
• Analyze diverse natural resources around the world,
engaging ONLY where we believe we will have sustainable
competitive advantages
Strategic Plan: Looking towards the future
Goal: To increase EBITDA to over US$1 billion by 2020
6
7. 7Fourth Quarter 2016 Earnings Presentation
<3%
2016 Market Share
Potassium
403mm
2016 Revenues
US$
1.535kMT
2016 Sales Volumes
7%
Contribution to 2016
Gross Profit
SQM Highlights
Low-cost producer of potassium chloride
Brazil remains the most important market for SQM sales
Flexibility to produce potassium chloride, potassium sulfate,
and potassium nitrate depending on market needs
Effective capacity ~ 2.0 million MT
Sintoukola project in the Republic of Congo (Kore Potash Ltd):
US$20 million investment for 18% ownership stake
Potassium Chloride: Industry Dynamics
Potassium chloride is the most commonly used
potassium-based fertilizer
2017 est. global demand to grow ~2 million
MT(1)
Major players in Belarus, Canada, and Russia
Slight price recovery seen in 4Q2016
(1) SQM estimates
8. 8Fourth Quarter 2016 Earnings Presentation
46%
2016 KNO3 Market Share(1)
Specialty Plant Nutrition
624mm
2016 Revenues
US$
841kMT
2016 Sales Volumes (2)
24%
Contribution to 2016
Gross Profit
SQM Highlights
Access to reserves of potassium and nitrate
Developed distribution network and diverse customer base
Lower price elasticity relative to potassium chloride
Focus on water soluble segment
KNO3 capacity expansion
Increase 1 million 1.5 million MT/year
200K MT from increased efficiency at existing plants
(2016-2017)
300K MT from new plant (operating mid-2018; estimated
capex US$90 million)
Industry Dynamics
Potassium nitrate (KNO3) provides unique
benefits: Chlorine-free, water soluble, and
fast absorption
Demand drivers: Higher cost of land, water
scarcity, increased demand for higher quality
crops
Water soluble segment drives demand
growth
(1) SQM estimates. Excludes Chinese KNO3 market.
(2) SPN sales volumes include KNO3 and other specialty fertilizers
9. 9Fourth Quarter 2016 Earnings Presentation
29%
2016 Market Share
Iodine and Derivatives
231mm
2016 Revenues
US$
10.2kMT
2016 Sales Volumes
7%
Contribution to 2016
Gross Profit
SQM Highlights
Low-cost producer
Developed distribution and sales network
Effective capacity ~10,000 MT per year
Our average prices seemed were ~ US$21 in the fourth
quarter 2016. Lower average prices expected in 2017.
We expect to further increase our market share in 2017.
Industry Dynamics
Main uses: X-ray contrast media, LCD,
pharmaceuticals and sanitizers
and prices are affected by increased
recycling volumes. Expected global demand
2017: ~34,000 MT(1)
Limited sources of iodine worldwide:
Chile 57% (SQM 29%)
Japan (including recycling) 30%
Total recycling 18%
(1) SQM estimates
10. 10Fourth Quarter 2016 Earnings Presentation
27%
2016 Market Share
Lithium and Derivatives
515mm
2016 Revenues
US$
49,7kMT
2016 Sales Volumes
55%
Contribution to 2016
Gross Profit
SQM Highlights
Leading lithium chemicals producer in the world and lowest cost
producer(1).
Current lithium carbonate plant capacity: 48K MT/year. New lithium
hydroxide plant – increasing total capacity to over 13k MT/year
Increased sales volumes in 2016: 28%
Minera Exar JV in Argentina:
Total capacity 50K MT/year
First stage 25K MT; estimated capex US$425 million pre-VAT
2017 SQM Investment: ~US$100 million
Start production in 2019
Industry Dynamics
Main uses: batteries (~53%), lubricant,
glass, pharmaceuticals. Future potential
related to batteries for e-cars (~20%)
2016 global lithium chemicals demand:
182K MT(1)
Demand growth of ~14% in 2016, ~8-12%
expected in the future(1)
Impressive price increase in 2016, we
saw our avg. price increase ~80%. New
supply and timing of new projects will
determine prices of 2017
(1) SQM estimates
Li
11. 11Fourth Quarter 2016 Earnings Presentation
Industrial Chemicals
104mm
2016 Revenues
US$
129kMT
2016 Sales Volumes
6%
Contribution to 2016
Gross Profit
SQM Highlights
Operational flexibility with certain industrial sodium and
potassium nitrate products
Solar Salts:
SQM produces both potassium nitrate and sodium
nitrate, the two raw materials in solar salt
production
Prices remained flat in 2016 compared to 2015.
Industry Dynamics
Various traditional uses for industrial nitrates
related to glass, metal treatment, water
treatment, and explosives
Solar Salts:
Intl. Energy Association expects installed
capacity of concentrated Solar Power (CSP)
to double by 2020, and supply 20% of the
world electricity by 2050.
As a reference, a 50MW parabolic trough
CSP plant with 7.5 hours of indirect storage
requires about 30K MT of solar salts
Projects being developed globally
12. 12Fourth Quarter 2016 Earnings Presentation
Market Outlook
Potassium Market: Average price increase in Q42016 compared to Q32016, this trend
could continue into 2017. Demand growth in 2017 ~2 million MT
Potassium Nitrate: Growth in water soluble segment; prices under pressure
Iodine Market: Sales volumes grew 9% in 2016 reaching 10.200MT. Should remain in this
range in 2018. Prices could stabilize in near future
Lithium Market: Strong market growth (~14%) in 2016 and higher prices. Demand growth
going forward 8-10%
Solar Salts: Higher sales volumes in 2016 reaching 60k, even higher in 2017
13. 13Fourth Quarter 2016 Earnings Presentation
Capital Expenditures & Investments
Growth Plans
2016: ~US$25 investment in Exar; ~US$20 million investment in Kore Potash Limited
2016-2017: Lithium Hydroxide Expansion: ~US$30 million
2017-2018: Potassium Nitrate Expansion: ~US$90 million
2016-2019 (first stage): Chaucharí – Olaroz project in Argentina - ~US$425 million + ~US$250 million
(pre VAT) for stages I and II, respectively. (50/50 JV: SQM will be responsible for 50% of the
investment). ~US$100 million to be invested in 2017.
Historical
maintenance
CAPEX ~US$100
million
$ 0
$ 50
$ 100
$ 150
$ 200
$ 250
$ 300
2014 2015 2016 2017
US$Million
CAPEX & Other investments
Mantenance Lithium Hydroxide Potassium Nitrate Others Argentina Congo
14. 14Fourth Quarter 2016 Earnings Presentation
Market conditions
Iodine prices
Potash prices
Arbitration with CORFO
Total Dividend paid in 2016 ~US$400 million
JV to develop Caucharí-Olaroz lithium project
Strong demand growth in lithium market higher
volumes and prices
Potassium nitrate capacity expansion: positioned to
supply growing solar salts and water soluble
fertilizer markets
Strong cost position
Strong balance sheet
Other Relevant Topics
Ownership Structure(1) Dividends
Other Considerations
SQM Business Opportunities
Pampa
Group
and Kowa
Group
32%
Potash
Corp 32%
Bank of
New York
(ADRs)
23%
Others
Chile 13%
(1) As of June 30, 2016
15. 15Fourth Quarter 2016 Earnings Presentation
467
296
213
278
0
100
200
300
400
500
2013 2014 2015 2016
Revenues Net Income(1)
Results
2,203
2,014
1,728
1,939
0
500
1,000
1,500
2,000
2,500
2013 2014 2015 2016
US$Million
US$Million
Higher lithium sales volumes and prices in Q4 2016 resulted in increased EBITDA of
US$239 million in the last quarter
Higher sales volumes of potassium chloride, iodine and solar salts let to increased
revenues but lower prices kept the margins under pressure
(1) Net income for 2016 includes one-time charge of US$32.8 million related
to stopping of our train that used to run between Coya Sur and Tocopilla,
and provision for the payments of US$30.5 million to DOJ and SEC.