Brazilian Materials Potentially Undervalued Companies

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$4.2b

Produces and sells wooden panels in Brazil and internationally.

LyondellBasell Industries

Market Cap: R$21.4b

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

Suzano

Market Cap: R$51.0b

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

Dexxos Participações

Market Cap: R$842.4m

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

Celanese

Market Cap: R$5.9b

Produces and sells engineered polymers worldwide.

Eastman Chemical

Market Cap: R$8.3b

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

Unipar Carbocloro

Market Cap: R$6.5b

Produces and sells chlorine and caustic soda in South America.

Vittia

Market Cap: R$549.4m

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

Ternium

Market Cap: R$9.8b

Manufactures and distributes steel products in Mexico, Southern Region, Brazil, and internationally.

FMC

Market Cap: R$1.5b

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

Eucatex Indústria e Comércio

Market Cap: R$2.4b

Produces and sells hardboard and wood panels in Brazil.

Sibanye Stillwater

Market Cap: R$120.4b

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

Mosaic

Market Cap: R$7.3b

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

Sansuy

Market Cap: R$43.1m

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

Ball

Market Cap: R$14.0b

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

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.

Paranapanema

Market Cap: R$34.8m

Produces and sells copper and its byproducts in Brazil and internationally.

CF Industries Holdings

Market Cap: R$18.1b

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

Braskem

Market Cap: R$6.5b

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

Bradespar

Market Cap: R$8.5b

Through its interest in VALE, operates as a mining company in the production of iron ore and pellets, and nickel in Brazil.

Avery Dennison

Market Cap: R$11.9b

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

Companhia Siderúrgica Nacional

Market Cap: R$8.9b

Operates as an integrated steel producer in Brazil and internationally.

CSN Mineração

Market Cap: R$24.4b

Engages in the iron ore mining business in Brazil, Asia, and Europe.

Dow

Market Cap: R$25.1b

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.

International Paper

Market Cap: R$17.9b

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

Gold Fields

Market Cap: R$542.1b

Operates as a gold producer with reserves and resources in South Africa, Ghana, Australia, Peru, Canada, and Chile.

Klabin

Market Cap: R$20.6b

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