Iodine is used in a wide range of medical, agricultural and industrial applications. Main application are X-Ray contrast media, biocides, antiseptics and disinfectants, pharmaceutical, polarizing films for liquid crystal displays (LCD), chemicals, herbicides, etc.

SQM produces iodine and, through a joint venture with Ajay, organic and inorganic iodine derivatives. SQM through Ajay or alone, is also actively participating in the iodine recycling business using iodinated side streams from chemical processes in Europe, the United States and Asia.