Global Materials Potentially Undervalued Companies

I G Petrochemicals

Market Cap: ₹11.8b

Engages in the manufacture and sale of organic and inorganic chemicals in India and internationally.

Ecovyst

Market Cap: €976.0m

Offers specialty catalysts and services in the United States and internationally.

Robex Resources

Market Cap: €1.2b

Engages in the exploration, development, and production of gold in West Africa.

Salzgitter

Market Cap: €1.6b

Engages in steel and technology businesses worldwide.

Fujian Yuanli Active CarbonLtd

Market Cap: CN¥6.1b

Engages in the manufacture and sale of activated carbon in China.

Luxi Chemical Group

Market Cap: CN¥31.1b

Manufactures and sells chemical and fertilizer products.

Qatar National Cement Company (Q.P.S.C.)

Market Cap: ر.ق1.9b

Manufactures and sells cement, lime, washed sand, and other related products in Qatar.

Southern Province Cement

Market Cap: ر.س3.3b

Engages in the manufacture, production and sale of cement, clinker, and its derivatives and accessories in Saudi Arabia.

Sinai Cement (S.A.E)

Market Cap: ج.م17.4b

Together with its subsidiaries manufactures and sells cement and cement products.

DSM-Firmenich

Market Cap: Mex$18.3b

Provides nutrition, health, and beauty solutions in Switzerland, the Netherlands, rest of Europe, the Middle East and Africa, North America, Latin America, China, and rest of Asia.

Symrise

Market Cap: Mex$10.1b

Operates as a supplier of fragrances, flavorings, cosmetic base materials and active ingredients, and functional ingredients and solutions in Europe, Africa, the Middle East, North America, the Asia Pacific, and Latin America.

International Paper

Market Cap: US$19.7b

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

Vulcan Energy Resources

Market Cap: US$1.5b

Engages in the geothermal energy, and lithium exploration and production activities in Europe, Germany, and Australia.

Ternium

Market Cap: Mex$7.1b

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

Freeport-McMoRan

Market Cap: US$57.7b

Engages in the mining of mineral properties in North America, South America, and Indonesia.

SIG Group

Market Cap: US$3.1b

Provides aseptic carton packaging systems and solutions for beverage and liquid food products.

Quimpac

Market Cap: S/259.8m

Engages in the production and sale of chemical products for industrial and domestic use in Peru and internationally.

Rajeshwari Cans

Market Cap: ₹284.2m

Engages in the manufacturing and sale of tin containers for ink and color manufacturing units in India.

Okaya

Market Cap: JP¥155.1b

Engages in the selling, exporting, and importing of iron and steel, special steel, non-ferrous metals in Japan and internationally.

Maanshan Iron & Steel

Market Cap: HK$33.2b

Manufactures and sells iron and steel products, and related by-products in Mainland China, Hong Kong, and internationally.

Explosive

Market Cap: CN¥17.5b

Engages in the research, development, production, and sale of civil explosives and military products, engineering blasting services, and other businesses in China.

Oji Holdings

Market Cap: US$728.0b

Manufactures and sells pulp and paper products in Japan, China, rest of Asia, North and South America, Europe, Oceania, and internationally.

Ruitai Materials Technology

Market Cap: CN¥4.1b

Engages in the research, production, sale, and service of refractories in China.

Lingyuan Iron & Steel

Market Cap: CN¥7.1b

Engages in the production, operation, and development of metallurgical products; and mining, washing, and deep processing of ferrous metal ores in China.

North Chemical Industries

Market Cap: CN¥10.3b

Manufactures and sells nitrocellulose products in China.

JK Lakshmi Cement

Market Cap: ₹101.8b

Manufactures and supplies cement in India.

Salee Colour

Market Cap: ฿594.9m

Engages in the manufacture and sales of pigment pellets and powders, fabricated plastic, masterbatch and compound, and distribution of solar energy system and parts in Thailand and internationally.

ICL Group

Market Cap: ₪7.0b

Operates as a specialty minerals and chemicals company worldwide.

Chifeng Jilong Gold MiningLtd

Market Cap: HK$57.1b

Engages in mining, metallurgical processing, and sales of gold worldwide.

Gansu Shangfeng CementLtd

Market Cap: CN¥10.1b

Manufactures and sells building materials, and cement and cement clinker products in China.

Guangdong Tapai Group

Market Cap: CN¥10.3b

Engages in the production and sale of cement in China.

Kaneka

Market Cap: JP¥259.7b

Engages in the manufacture and sale of polyvinyl chloride (PVC), crosslinked PVC, PVC-PVAc polymers, paste PVC, acryl grafted-vinyl chloride copolymer, and chlorinated PVC in Japan and internationally.

Sungchang Enterprise Holdings

Market Cap: ₩101.1b

Engages in the development of various plant species and forest restoration activities in South Korea.

ADAMA

Market Cap: CN¥15.3b

Develops, manufactures, and commercializes crop protection products in Israel and internationally.

Tokyo Printing Ink Mfg

Market Cap: JP¥17.0b

Manufactures and sells specialty chemicals in Japan and internationally.

Fujian Cement

Market Cap: CN¥3.8b

Manufactures, transports, and distributes clinker and cement products in the People’s Republic of China.