SQM - Better Buy: Sociedad Quimica y Minera vs. Dow
Industrial chemical companies are getting leaner and meaner in an effort to streamline their businesses and focus on efficiency. Sociedad Quimica y Minera de Chile SA (NYSE: SQM) and Dow Inc. (NYSE: DOW have been reborn thanks to key changes in their structure. Ever since spinning off from DowDuPont, the new Michigan-based Dow is laser-focused on supplying high-volume commodity chemical products like silicone and polyethylene. Sociedad Quimica y Minera, commonly known as SQM, is headquartered in Chile and is one of the world's largest suppliers of lithium. With earnings coming up for Dow on October 24 and SQM on November 20, it's the perfect time to see which company is the better buy.