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: €3.8b

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: €5.5b

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

Campine

Market Cap: €285.0m

Provides raw material solutions in Belgium and internationally.

Solvay

Market Cap: €2.7b

Provides basic and performance chemicals worldwide.

Solvac

Market Cap: €1.8b

Operates as a specialty chemicals company in Belgium.