Belgian Materials Potentially Undervalued Companies

Tessenderlo Group

Market Cap: €1.2b

Engages in the agriculture, valorizing bio-residuals, machinery, mechanical engineering, electronics, energy, and industrial solution businesses worldwide.

Titan

Market Cap: €3.5b

Engages in the production, trade, and distribution of construction materials in Greece, the Balkans, Europe, Egypt, Türkiye, Italy, France, the United States, and Brazil.

Umicore

Market Cap: €5.9b

Operates as a materials technology and recycling company in Belgium, Europe, the Asia-Pacific, North America, South America, and Africa.

Solvay

Market Cap: €2.6b

Provides basic and performance chemicals worldwide.

Solvac

Market Cap: €1.6b

Operates as a specialty chemicals company in Belgium.

Campine

Market Cap: €349.5m

Provides raw material solutions in Belgium and internationally.

NV Bekaert

Market Cap: €2.0b

Provides steel wire transformation and coating technologies worldwide.

Syensqo

Market Cap: €6.2b

A chemical company, engages in the research, development, and production of advanced materials for industrial and consumer applications worldwide.