Global Materials Healthy potentially undervalued

Silgan Holdings

Market Cap: US$4.3b

Manufactures and sells rigid packaging solutions for consumer goods products in the United States and internationally.

Huaibei Mining HoldingsLtd

Market Cap: CN¥29.9b

Primarily engages in coal mining, washing, processing, sales, and production of coal chemical products in China.

Hoa Phat Group

Market Cap: ₫202.6t

Produces and sells steel products in Vietnam.

Suzano

Market Cap: R$63.6b

Manufactures and sells pulp and paper products in Brazil and internationally.

Aurelia Metals

Market Cap: AU$423.1m

Engages in the exploration and production of mineral properties in Australia.

MEGA P&C Advanced Materials (Shanghai)

Market Cap: CN¥5.0b

Produces and sells solid content, water-based solvent free, and special function coating products in China.

Kumho Petro ChemicalLtd

Market Cap: ₩3.0t

Manufactures and sells synthetic rubber and resins, specialty chemicals, nanocarbon, energy, and building materials in South Korea and internationally.

RPM International

Market Cap: US$13.5b

Provides specialty chemicals for the construction, industrial, specialty, and consumer markets.

Iluka Resources

Market Cap: AU$2.5b

Engages in the exploration, project development, mining, processing, marketing, and rehabilitation of mineral sands in Australia, China, rest of Asia, Europe, the Americas, and internationally.

Jinan Shengquan Group Share Holding

Market Cap: CN¥23.0b

Jinan Shengquan Group Share Holding Co., Ltd.

SeAH Steel

Market Cap: ₩328.5b

Manufactures and sells steel products in South Korea.

UNID

Market Cap: ₩446.1b

Manufactures and sells potassium based chemical products in South Korea and internationally.

MeiHua Holdings GroupLtd

Market Cap: CN¥28.4b

Manufactures nutritional products and solutions in China and internationally.

Breedon Group

Market Cap: UK£1.1b

Engages in the quarrying, manufacture, and sale of construction materials and building products primarily in the United Kingdom and internationally.

Navigator Company

Market Cap: €2.2b

Manufactures and markets pulp and paper products worldwide.

GCC. de

Market Cap: Mex$59.4b

Through its subsidiaries, produces, markets, and distributes cement, aggregates, ready-mix concrete, and other materials for the construction industry in Mexico and the United States.

CPH Group

Market Cap: CHF 414.8m

Develops, manufactures, and distributes chemical products and packaging solutions for pharmaceutical customers in Europe, Asia, and North and South America.

Saudi Aramco Base Oil Company - Luberef

Market Cap: ر.س16.1b

Produces and sells base oils and various by-products in the Kingdom of Saudi Arabia, the United Arab Emirates, India, Egypt, Singapore, the United States, and internationally.

China National Building Material

Market Cap: HK$38.9b

An investment holding company, engages in building material, new materials, and engineering technical services businesses.

Chemtrade Logistics Income Fund

Market Cap: CA$1.7b

Offers industrial chemicals and services in Canada, the United States, and South America.

Tubacex

Market Cap: €409.6m

Engages in the manufacturing and sale of stainless steel and nickel tubes in Spain and internationally.

Huhtamäki Oyj

Market Cap: €3.1b

Provides packaging solutions in the United States, Germany, the United Kingdom, India, Turkey, Australia, Thailand, Poland, South Africa, Spain, Finland, and internationally.

Minerals Technologies

Market Cap: US$1.9b

Develops, produces, and markets various mineral, mineral-based, and related systems and services.

Trimegah Bangun Persada

Market Cap: Rp70.9t

PT Trimegah Bangun Persada TBK engages in the nickel ore mining and processing business in China, Switzerland, Sweden, and Indonesia.

Graphic Packaging Holding

Market Cap: US$4.5b

Designs, produces, and sells consumer packaging products to brands in food, beverage, foodservice, household, and other consumer products in the Americas, Europe, and the Asia Pacific.

Neo Performance Materials

Market Cap: CA$646.9m

Engages in the manufacture and sale of rare earth, magnetic powders, magnets, and rare metal-based functional materials in China, Japan, Thailand, South Korea, North America, Europe, and internationally.

Satellite ChemicalLtd

Market Cap: CN¥59.3b

A low-carbon chemical company, manufactures and sells functional chemicals, new polymer materials, and new energy materials in China and internationally.

Michelmersh Brick Holdings

Market Cap: UK£77.1m

Together its subsidiaries, manufactures and sells bricks and brick prefabricated products in the United Kingdom and rest of Europe.

Imerys

Market Cap: €2.0b

Engages in the supply of specialty minerals for various industries across Europe, the Middle East, Africa, Asia Pacific, and America.

Semen Indonesia (Persero)

Market Cap: Rp17.8t

Manufactures, packs, and distributes cement in Indonesia and internationally.

Tokai Carbon

Market Cap: JP¥206.9b

Manufactures and sells carbon-related products and services in Japan.

Kardemir Karabük Demir Çelik Sanayi Ve Ticaret

Market Cap: ₺28.2b

Kardemir Karabük Demir Çelik Sanayi ve Ticaret A.S.

Daicel

Market Cap: JP¥367.4b

Engages in the materials, medical/healthcare, smart, safety, and engineering plastics businesses in Japan and internationally.

Lotte Chemical

Market Cap: ₩3.0t

A chemical company, manufactures and distributes petrochemical products.

SSAB

Market Cap: SEK 69.7b

Engages in the production and sale of steel products in Sweden, Finland, the Rest of Europe, the United States, and internationally.

Grupa Kety

Market Cap: zł9.0b

Produces and sells aluminum profiles and components in Poland and internationally.