Unassociated Document
UNITED
STATES OF AMERICA
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
6-K
REPORT
OF
FOREIGN ISSUER
PURSUANT
TO RULE 13A-16 OR 15D-16
OF
THE
SECURITIES AND EXCHANGE ACT OF 1934
Includes
the free translation of a material event sent by Sociedad Química y Minera de
Chile S.A. to the Chilean Superintendency of Securities and Insurance
(Superintendencia de Valores y Seguros de Chile) on November 27,
2008.
SOCIEDAD
QUIMICA Y MINERA DE CHILE S.A.
(Exact
name of registrant as specified in its charter)
CHEMICAL
AND MINING COMPANY OF CHILE INC.
(Translation
of registrant's name into English)
El
Trovador 4285, Santiago, Chile (562) 425-2000
(Address
and phone number of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual reports under
cover of Form 20-F or Form 40-F.
Form
20-F
x Form
40-F
o
Indicate
by check mark whether the registrant by furnishing the information contained
in
this Form is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes o No x
If
"Yes"
is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82___________
Santiago,
November 27, 2008.
Mr.
Guillermo Larraín R.
Superintendent
Superintendency
of Securities and Insurance
Avda.
Lib. Bernardo O'Higgins 1449
Santiago
ESSENTIAL
ISSUE
Dear
Mr.
Superintendent:
We
hereby
inform you that SQM Nitratos S.A (SQN) - a subsidiary of Sociedad Química y
Minera S.A.- and Yara International ASA (YARA) have recently modified and
renewed certain commercialization contracts that were signed in the year 2001.
The execution of such agreements was informed as an Essential Issue to the
Superintendency of Securities and Insurance, and other relevant institutions
and
individuals on May 16 and November 23, 2001.
These
contracts originally were to expire in 2011, but the parties agreed to renew
them in advance of their expiration date, and they have been renewed until
the
year 2016, with the unanimous approval of the Board of Directors of Sociedad
Química y Minera de Chile S.A. This decision will enable SQN and YARA to
continue commercializing their plant nutrients in different markets around
the
world. Under the contracts, -i-
SQN will
utilize Yara’s distribution chain to sell plant nutrients in markets where
Yara’s commercial presence and infrastructure are greater than SQN’s, and
-ii-
Yara
will
utilize SQN’s distribution chain to sell plant nutrients in markets where SQN’s
commercial presence and infrastructure are greater than Yara’s. Both
companies will continue to actively control the commercialization process of
their own products. These agreements will enable SQN to continue reducing
its distribution costs, while offering a broader range of products to its
customers through YARA’s significant international presence.
We
hereby
inform you of the above as a material event, as a complement to the letters
that
we sent on May 16 and November 23 of the year 2001, in accordance with Articles
9 and 10 of Law No. 18.045, and General Standard No. 30 issued by the
Superintendency of Securities and Insurance on November 10, 1989.
We
remain
at your disposal to clarify any additional aspects that you may deem relevant
in
relation to the above.
Very
truly yours,
Sociedad
Química y Minera de Chile S.A.
Conf:
/s/
Patricio Contesse G.
Patricio
Contesse G.
Chief
Executive Officer
| Cc: |
Santiago
Stock Exchange
|
Brokers
Stock Exchange
Electronic
Stock Exchange
New
York
Stock Exchange
Securities
and Exchange Commission
The
Bank
of New York
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
SOCIEDAD
QUIMICA Y MINERA DE CHILE S.A.
Conf:
/s/
Ricardo Ramos R.
Ricardo
Ramos R.
Chief
Financial Officer
Date:
November 28, 2008