Sociedad de Inversiones Pampa Calichera is planning a capital increase of up to $320 million, The Wall Street Journal reports. The Chilean holding company will seek shareholder approval on Jan. 19, 2011. It will use the proceeds of the capital increase to expand its business and repay existing debt. Pampa Calichera is one of the holding companies for specialty chemical and fertilizer producer, SQM.

Click here for the story from The Wall Street Journal.