Brazilian Materials Potentially Undervalued Companies

Suzano

Market Cap: R$55.5b

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

FMC

Market Cap: R$1.4b

An agricultural sciences company, develops, markets, and sells crop protection chemicals in Latin America, North America, Europe, the Middle East, Africa, and Asia.

Dexxos Participações

Market Cap: R$859.3m

Engages in the production and sale of thermosetting resins to the reconstituted wood panels industry in Brazil.

Irani Papel e Embalagem

Market Cap: R$1.8b

Manufactures and sells corrugated cardboard and packaging papers in Brazil and internationally.

Dexco

Market Cap: R$4.5b

Produces and sells wooden panels in Brazil and internationally.

Celanese

Market Cap: R$5.1b

Produces and sells engineered polymers worldwide.

Electro Aço Altona

Market Cap: R$243.0m

Produces, markets, and supplies steel castings and alloys in Brazil, Latin and North America, Europe, Asia, and Africa.

Usinas Siderúrgicas de Minas Gerais

Market Cap: R$7.5b

Operates in the steel industry and related activities in Brazil and internationally.

Vittia

Market Cap: R$508.9m

Vittia S.A. manufacturing and sale of compost, fertilizers, biological pesticides, and other chemical products in Brazil and internationally.

Eastman Chemical

Market Cap: R$8.5b

Operates as a specialty materials company in the United States, China, and internationally.

LyondellBasell Industries

Market Cap: R$21.8b

Operates as a chemical company in the United States, Germany, China, Mexico, Italy, Japan, France, Poland, the Netherlands, and internationally.

Mosaic

Market Cap: R$7.8b

Through its subsidiaries, produces and markets concentrated phosphate and potash crop nutrients.

Eucatex Indústria e Comércio

Market Cap: R$1.9b

Produces and sells hardboard and wood panels in Brazil.

Electro Aço Altona

Market Cap: R$243.0m

Produces, markets, and supplies steel castings and alloys in Brazil, Latin and North America, Europe, Asia, and Africa.

Dow

Market Cap: R$23.4b

Through its subsidiaries, provides various materials science solutions for packaging, infrastructure, mobility, and consumer applications in the United States, Canada, Europe, the Middle East, Africa, India, the Asia Pacific, and Latin America.

Sansuy

Market Cap: R$35.6m

Sansuy S.A. manufacture and sell laminates and flexible PVC plastics in Brazil.

PPG Industries

Market Cap: R$25.0b

Manufactures and distributes paints, coatings, and specialty materials in the United States, Canada, the Asia Pacific, Latin America, Europe, the Middle East, and Africa.

Metalurgica Gerdau

Market Cap: R$12.7b

Produces and supplies long steel products in Brazil, the Americas, and internationally.

POSCO Holdings

Market Cap: R$23.4t

Operates as an integrated steel producer in Korea and internationally.

Eagle Materials

Market Cap: R$6.4b

Through its subsidiaries, manufactures and sells heavy construction products and light building materials in the United States.

Braskem

Market Cap: R$3.6b

Engages in the manufacture, sale, import, and export of chemicals, petrochemicals, and fuels in Brazil.

CF Industries Holdings

Market Cap: R$19.6b

Engages in the production of ammonia in North America, Europe, and internationally.

Avery Dennison

Market Cap: R$13.9b

Operates as a materials science and digital identification solutions company in the North America, Europe, the Middle East, North Africa, Asia, and Latin America.

Sibanye Stillwater

Market Cap: R$142.0b

Operates as a precious metals mining company in South Africa, the United States, Europe, and Australia.

Companhia Siderúrgica Nacional

Market Cap: R$6.4b

Operates as an integrated steel producer in Brazil and internationally.

Packaging Corporation of America

Market Cap: R$22.4b

Manufactures and sells containerboard and uncoated freesheet (UFS) paper products in North America.

Ball

Market Cap: R$16.8b

Supplies aluminum packaging products for the beverage, personal care, and household products industries in the United States, Brazil, and internationally.

Klabin

Market Cap: R$22.8b

Produces and exports packaging paper and sustainable paper packaging solutions in Brazil and internationally.

International Paper

Market Cap: R$22.0b

Produces and sells renewable fiber-based packaging in North America, Latin America, Europe, South America, and North Africa.

Amcor

Market Cap: R$22.4b

Develops and produces packaging solutions for nutrition, health, beauty, and wellness categories in Europe, North America, Latin America, and the Asia Pacific.