Italian Materials Potentially Undervalued Companies

Green Oleo

Market Cap: €21.2m

Produces and sells fine oleochemicals from renewable raw materials.

Mayr-Melnhof Karton

Market Cap: €1.8b

Manufactures and sells cartonboard and folding cartons in Germany, Austria, and internationally.

Outokumpu Oyj

Market Cap: €2.3b

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

Kemira Oyj

Market Cap: €3.1b

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

Cleveland-Cliffs

Market Cap: €8.6b

Operates as a flat-rolled steel producer in the United States, Canada, and internationally.

Aurubis

Market Cap: €6.3b

Processes metal concentrates and recycling materials in Germany.

Vidrala

Market Cap: €3.2b

Manufactures and sells glass containers for food and beverage products in the United Kingdom, Ireland, Italy, Iberian Peninsula, rest of Europe, and Brazil.

Lenzing

Market Cap: €965.5m

Produces and markets regenerated cellulosic fibers for textiles and nonwovens.

Celanese

Market Cap: €5.0b

A chemical and specialty materials company, manufactures and sells engineered polymers worldwide.

FMC

Market Cap: €1.9b

An agricultural sciences company, provides crop protection solutions to farmers in Latin America, North America, Europe, the Middle East, Africa, and Asia.

Holcim

Market Cap: €42.6b

Provides building materials and solutions worldwide.

LyondellBasell Industries

Market Cap: €15.7b

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

Alcoa

Market Cap: €17.1b

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.

Mosaic

Market Cap: €8.3b

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

Wacker Chemie

Market Cap: €3.6b

Provides chemical products worldwide.

HEXPOL

Market Cap: €29.5b

Develops, manufactures, and sells various polymer compounds and engineered gaskets, seals, and wheels in Sweden, rest of Europe, the United States, rest of the Americas, and Asia.

Newmont

Market Cap: €124.8b

Engages in the production and exploration of gold properties.

SSAB

Market Cap: €75.5b

Engages in the production and sale of steel products in Sweden, Finland, the Rest of Europe, the United States, and internationally.

thyssenkrupp

Market Cap: €6.5b

Provides industrial and technology solutions and services in Germany and internationally.

Sika

Market Cap: €24.2b

A specialty chemicals company, develops, produces, and sells systems and products for bonding, sealing, damping, reinforcing, and protecting in the building sector and motor vehicle industry worldwide.

Wienerberger

Market Cap: €3.2b

Produces and sells clay blocks, facing bricks, roof tiles, and pavers in Europe West, Europe East, and North America.

Eastman Chemical

Market Cap: €7.8b

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

Metsä Board Oyj

Market Cap: €1.2b

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

Huhtamäki Oyj

Market Cap: €3.2b

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

International Flavors & Fragrances

Market Cap: €17.8b

Manufactures and markets food, beverage, health and biosciences, scent, pharma solutions, and complementary adjacent products in the United States, Europe, and internationally.

Boliden

Market Cap: €167.6b

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.

Saccheria F.lli Franceschetti

Market Cap: €11.1m

Produces and markets bags and packaging products in Italy.

Neodecortech

Market Cap: €50.8m

Engages in the production and marketing of decorative papers for the industrial sectors of wood and furnishing accessories in Italy, Europe, Asia, the Middle East, the United States, and Africa.

Grifal

Market Cap: €13.7m

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

Packaging Corporation of America

Market Cap: €19.5b

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

Caltagirone

Market Cap: €1.2b

Through its subsidiaries, engages in the cement manufacturing, media, real estate, and publishing activities.

International Paper

Market Cap: €22.5b

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

SIG Group

Market Cap: €4.8b

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

Covestro

Market Cap: €11.3b

Supplies high-tech polymer materials and application solutions.

Ball

Market Cap: €14.9b

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

Buzzi

Market Cap: €9.3b

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