Global Materials Undervalued Small Caps

Tokuyama

Market Cap: JP¥265.3b

Produces and sells various chemical products in Japan.

Shenzhen Batian Ecotypic Engineering

Market Cap: CN¥10.3b

Shenzhen Batian Ecotypic Engineering Co., Ltd.

Ora Banda Mining

Market Cap: AU$2.6b

Engages in the exploration, operation, and development of mineral properties and mining in Australia.

Zhejiang Runtu

Market Cap: CN¥8.1b

Produces and sells dyes in China.

Berger Paints Bangladesh

Market Cap: ৳65.4b

Manufactures and markets liquid and non-liquid paints and varnishes, emulsions, coatings, and trades painting tools in Bangladesh.

Mayur Uniquoters

Market Cap: ₹21.8b

Engages in the manufacture and sale of coated textile fabrics in India and internationally.

MOIL

Market Cap: ₹75.1b

Engages in the exploration, development, and marketing of various grades of manganese ores in India and Internationally.

Silvercorp Metals

Market Cap: CA$2.2b

Acquires, explores, develops, and mines mineral properties in China.

Shenzhen Noposion Crop Science

Market Cap: CN¥11.1b

Researches and develops, manufactures, distributes, and provides technical services for pesticides and fertilizers in China and internationally.

Shenzhen King Explorer Science and Technology

Market Cap: CN¥4.6b

Researches, designs, develops, manufactures, and sells intelligent equipment systems to civil explosive production and blasting service companies in China and internationally.

Huhtamaki India

Market Cap: ₹20.2b

Manufactures and sells of flexible consumer packaging and labelling solutions in India.

Flotek Industries

Market Cap: US$459.3m

Operates as a technology-driven green chemistry and data company that serves customers across industrial and commercial markets in the United States, the United Arab Emirates, and internationally.

Beijing Tongyizhong New Material Technology

Market Cap: CN¥4.0b

Engages in the research and development, production, and sale of ultra-high molecular weight polyethylene fibers and composite materials in China and internationally.

Taoka Chemical Company

Market Cap: JP¥18.5b

Manufactures and sells various chemicals in Japan and internationally.

Osaka Soda

Market Cap: JP¥204.8b

Manufactures and sells basic and functional products in Asia, Europe, North America, and internationally.

PILLAR

Market Cap: JP¥117.1b

Designs, develops, manufactures, and sells various fluid control equipment in Japan and internationally.

GCH Technology

Market Cap: CN¥6.9b

Researches, develops, produces, and sells nucleating agents, synthetic hydrotalcites, and composite additives in China and internationally.

Gränges

Market Cap: SEK 12.9b

Engages in the development, production, and distribution of rolled aluminum products for thermal management systems, specialty packaging, and niche applications in Asia Pacific, Europe, and North and South Americas.

Sylvania Platinum

Market Cap: UK£230.5m

Engages in the retreatment of platinum group metals (PGM) bearing chrome tailings materials in South Africa.

Zignago Vetro

Market Cap: €684.1m

Produces, markets, and sells hollow glass containers in Italy, rest of Europe, and internationally.

Forterra

Market Cap: UK£351.7m

Engages in the manufacturing and sale of building products made from clay and concrete in the United Kingdom.

JK Paper

Market Cap: ₹68.0b

Engages in the production and sale of paper products in India.

Akçansa Çimento Sanayi ve Ticaret Anonim Sirketi

Market Cap: ₺24.7b

Manufactures and sells cement, clinker, ready-mix concrete, and aggregates in Turkey and internationally.

Koskisen Oyj

Market Cap: €207.2m

Operates in wood industry in Finland, Japan, Germany, Poland, other European countries, and internationally.

Suzhou Shihua New Material Technology

Market Cap: CN¥10.0b

Suzhou Shihua New Material Technology Co., Ltd.

Zanyu Technology Group

Market Cap: CN¥5.2b

Engages in the research and development, manufacture, and sale of surfactants and oleo chemicals in China and internationally.

Ningxia Building Materials GroupLtd

Market Cap: CN¥6.4b

Manufactures and sells cement, cement clinkers, concrete, and aggregates in China.

Marshalls

Market Cap: UK£413.6m

Manufactures and sells landscape, building, and roofing products in the United Kingdom and internationally.

Pioneer Cement

Market Cap: PK₨50.4b

Manufactures, markets, and sells cement and clinker products in Pakistan.

Dhanuka Agritech

Market Cap: ₹63.1b

Operates as an agro-chemical company in India.

Kalekim Kimyevi Maddeler Sanayi Ve Ticaret Anonim Sirketi

Market Cap: ₺14.8b

Operates in the construction chemicals sector in Turkey and internationally.

Develop Global

Market Cap: AU$1.4b

Engages in the exploration and development of mineral resource properties in Australia.

Orinko Advanced PlasticsLTD

Market Cap: CN¥6.5b

Orinko Advanced Plastics Co.,LTD. reesearches and develops, produces, and sells modified plastics in China.

Alkane Resources

Market Cap: AU$1.5b

Operates as a gold exploration and production company in Australia.

China Catalyst Holding

Market Cap: CN¥4.5b

Engages in the research and development, production, and sale of zeolite catalyst, customized process package solutions, and fine chemicals in China and internationally.