Global Materials Undervalued Dividend Payers

Wienerberger

Market Cap: €3.1b

Produces and sells clay blocks, facing bricks, roof tiles, and pavers in Europe West, Europe East, and North America.

Mitsubishi Gas Chemical Company

Market Cap: JP¥501.5b

Manufactures and sells basic and fine chemicals, and functional materials in Japan.

Kemira Oyj

Market Cap: €2.9b

Operates as a chemicals company in Finland, rest of Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

ShenZhen YUTO Packaging Technology

Market Cap: CN¥21.7b

ShenZhen YUTO Packaging Technology Co., Ltd.

HEXPOL

Market Cap: SEK 28.6b

Develops, manufactures, and sells various polymer compounds and engineered gaskets, seals, and wheels in Sweden, rest of Europe, the United States, rest of the Americas, and Asia.

Taiheiyo Cement

Market Cap: JP¥417.5b

Engages in the cement, mineral resources, environmental, construction materials, and other businesses in Japan and internationally.

Yongxing Special Materials TechnologyLtd

Market Cap: CN¥18.8b

Engages in the development, production, and sale of stainless steel rods and wires, special alloy materials, and lithium battery materials in China and internationally.

YONFER Agricultural Technology

Market Cap: CN¥18.8b

Engages in the research, development, production, and marketing of fertilizers in China.

Methanex

Market Cap: CA$3.6b

Produces and supplies methanol in Asia Pacific, North America, Europe, and South America.

Navigator Company

Market Cap: €2.2b

Manufactures and markets pulp and paper products worldwide.

Daicel

Market Cap: JP¥346.7b

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

Cementir Holding

Market Cap: €2.0b

Operates in the building materials sector in Italy, Nordic and Baltic, Belgium, North America, Türkiye, Egypt, and the Asia Pacific.

Billerud

Market Cap: SEK 20.9b

Provides paper and packaging materials worldwide.

NV Bekaert

Market Cap: €1.8b

Provides steel wire transformation and coating technologies worldwide.

Adeka

Market Cap: JP¥309.0b

Engages in chemicals, food products, and life science businesses.

UACJ

Market Cap: JP¥257.1b

Manufactures and sells aluminum products in Japan and internationally.

Anhui Jinhe IndustrialLtd

Market Cap: CN¥12.5b

Engages in the chemicals business in China.

Aica Kogyo Company

Market Cap: JP¥232.2b

Develops, produces, and sells chemical products, and laminates and building materials in Japan and internationally.

Indocement Tunggal Prakarsa

Market Cap: Rp20.4t

Manufactures and sells cement and ready-mix concrete products in Indonesia and internationally.

Scientex Berhad

Market Cap: RM 5.1b

An investment holding company, manufactures, markets, and sells stretch films and various flexible plastic packaging (FPP) products.

Corticeira Amorim S.G.P.S

Market Cap: €1.0b

Engages in the acquisition and transformation of cork into various cork and cork-related products in Europe, the United States, Rest of America, Australasia, and Africa.

Transcontinental

Market Cap: CA$1.6b

Engages in the flexible packaging business in Canada, the United States, Latin America, the United Kingdom, and internationally.

DeHua TB New Decoration MaterialLtd

Market Cap: CN¥8.3b

Produces and sells environmentally friendly furniture panels in China and internationally.

Corbion

Market Cap: €953.0m

Provides lactic acid and lactic acid derivatives, food preservation solutions, functional blends, and algae ingredients in the Netherlands, the United States, Asia, rest of North Americas, the rest of Europe, the Middle East, and Africa.

Sichuan Guoguang Agrochemical

Market Cap: CN¥7.2b

Engages in the research and development, manufacture, marketing, and distribution of agrochemical products and materials in China and internationally.

Zignago Vetro

Market Cap: €700.8m

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

Hyosung TNC

Market Cap: ₩1.0t

Manufactures and sells fiber in South Korea and internationally.

Groupe Guillin

Market Cap: €554.6m

Produces and sells food packaging products in France, the United Kingdom, Italy, and internationally.

CPH Group

Market Cap: CHF 444.7m

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

UNID

Market Cap: ₩536.4b

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

Tharisa

Market Cap: R6.1b

An investment holding company, engages in the mining, processing beneficiation, marketing, sale, and logistics of platinum group metals (PGMs) and chrome concentrates in South Africa, China, Singapore, Hong Kong, the United States, Australia, Japan, and internationally.

Eastern Polymer Group

Market Cap: ฿8.7b

Through its subsidiaries, engages in the manufacture and distribution of rubber insulation, automotive, and plastic packing products in Thailand and internationally.

Treatt

Market Cap: UK£122.3m

Manufactures and supplies various natural extracts and ingredients to beverage, flavor, fragrance, and consumer goods markets in the United Kingdom, Germany, Ireland, rest of Europe, the United States, rest of the Americas, China, and internationally.

Michelmersh Brick Holdings

Market Cap: UK£100.3m

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