Italian Materials Potentially Undervalued Companies

Cementir Holding

Market Cap: €2.2b

Operates in the building materials sector in Italy, Nordic and Baltic, Belgium, North America, Turkiye, Egypt, and the Asia Pacific.

Mosaic

Market Cap: €6.7b

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

Cleveland-Cliffs

Market Cap: €6.8b

Operates as a steel producer in the United States and Canada.

Stora Enso Oyj

Market Cap: €7.5b

Provides renewable solutions for the packaging, biomaterials, wooden constructions, and paper industries in Finland and internationally.

Outokumpu Oyj

Market Cap: €2.6b

Produces and sells various stainless-steel products in Finland, Germany, Italy, the United Kingdom, other European countries, North America, the Asia-Pacific, and internationally.

Seri Industrial

Market Cap: €129.9m

Through its subsidiaries, engages in the production and recycling of plastic materials for battery, automotive, hydro-thermo-sanitary, civil, and shipbuilding markets.

SIG Group

Market Cap: €5.0b

Provides aseptic carton packaging systems and solutions for beverage and food products primarily in Europe, India, the Middle East, Africa, the Asia Pacific, and the Americas.

Aurubis

Market Cap: €7.5b

Processes metal concentrates and recycling materials in Germany.

Lenzing

Market Cap: €890.1m

Produces and markets regenerated cellulosic fibers for textiles and nonwovens.

Celanese

Market Cap: €4.9b

Produces and sells engineered polymers worldwide.

Boliden

Market Cap: €151.7b

Engages in the extracting, producing, and recycling of base metals in Sweden, Finland, other Nordic region, Germany, the United Kingdom, Europe, North America, and internationally.

FMC

Market Cap: €1.3b

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

Huhtamäki Oyj

Market Cap: €3.3b

Provides packaging solutions in the United States, Germany, the United Kingdom, India, Turkey, Australia, Thailand, Poland, South Africa, Spain, Finland, and internationally.

Alcoa

Market Cap: €13.2b

Engages in the bauxite mining, alumina refining, aluminum production, and energy generation business in Australia, Brazil, Canada, Iceland, Norway, Spain, the United States, and internationally.

Dow

Market Cap: €22.5b

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.

LyondellBasell Industries

Market Cap: €21.1b

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

LANXESS

Market Cap: €1.2b

A specialty chemicals company, engages in the development, manufacture, and marketing of chemical intermediates, additives, and consumer protection products worldwide.

Grifal

Market Cap: €7.1m

Provides packaging solutions in Italy, rest of Europe, and internationally.

CF Industries Holdings

Market Cap: €18.1b

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

Wacker Chemie

Market Cap: €4.6b

Produces and sells chemical products in Europe, Asia, the Americas, and internationally.

Voestalpine

Market Cap: €7.7b

Processes, develops, manufactures, and sells steel and technology products in Austria, the European Union, and internationally.

Clariant

Market Cap: €3.6b

Develops, manufactures, distributes, and sells specialty chemicals in Switzerland, Europe, the Middle East, Africa, the United States, and the Asia Pacific.

Green Oleo

Market Cap: €14.7m

Produces and sells fine oleochemicals from renewable raw materials.

PPG Industries

Market Cap: €25.1b

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

Kemira Oyj

Market Cap: €2.5b

Operates as a chemicals company in Finland, rest of Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

McEwen

Market Cap: €1.1b

Engages in the exploration, development, production, and sale of gold and silver deposits in the United States, Canada, Mexico, and Argentina.

Buzzi

Market Cap: €7.0b

Manufactures, distributes, and sells cement, ready-mix concrete, and natural aggregates.

UPM-Kymmene Oyj

Market Cap: €12.2b

Engages in the forest-based bioindustry worldwide.

Metsä Board Oyj

Market Cap: €1.2b

Engages in the folding boxboard, fresh fibre linerboard, and market pulp businesses in Finland and internationally.

Neodecortech

Market Cap: €72.6m

Produces and markets decorative papers for the industrial sectors of wood and furnishing accessories in Italy, the rest of Europe, Asia, the Middle East, America, and Africa.

Heidelberg Materials

Market Cap: €27.7b

Produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide.

Saccheria F.lli Franceschetti

Market Cap: €11.4m

Produces and markets bags and packaging products in Italy.

AngloGold Ashanti

Market Cap: €50.0b

Operates as a gold mining company in Africa, Australia, and the Americas.

Newmont

Market Cap: €121.9b

Operates as a gold producer.

International Paper

Market Cap: €21.2b

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

Caltagirone

Market Cap: €1.2b

Through its subsidiaries, engages in the construction business in Italy, Denmark, Belgium, the United States, Turkey, Egypt, China, Malaysia, Australia, and internationally.