Emirati Materials Potentially Undervalued Companies

Borouge

Market Cap: د.إ74.3b

Through its subsidiaries, provides polymer solutions in the People’s Republic of China, India, the United Arab Emirates, Austria, Egypt, Pakistan, Vietnam, Saudi Arabia, Bangladesh, Japan, and internationally.

Fujairah Cement Industries PJSC

Market Cap: د.إ145.5m

Together with its subsidiary, manufactures and sells clinkers and hydraulic cement, and ready mixed and dry mix concrete and mortars in the United Arab Emirates and internationally.

Fujairah Building Industries P.J.S.C

Market Cap: د.إ420.2m

Manufactures and sells concrete products in the United Arab Emirates and internationally.

Ras Al Khaimah for White Cement & Construction Materials P.S.C

Market Cap: د.إ455.1m

Manufactures and supplies lime and cement products in the United Arab Emirates and internationally.

Fertiglobe

Market Cap: د.إ27.8b

Produces and sells nitrogen-based products in Europe, North and South America, Africa, the Middle East, Asia, and Oceania.

EMSTEEL Building Materials PJSC

Market Cap: د.إ7.6b

Engages in the operation, trading, and investing in industrial projects and commercial businesses involved in the building materials and steel sectors in the United Arab Emirates.