Mexican Materials Potentially Undervalued Companies

Orbia Advance Corporation. de

Market Cap: Mex$40.3b

Provides polymer solutions in the United States, Northwest Europe, Africa, the Middle East, Asia, Southwest Europe, Mexico, Brazil, Central and Eastern Europe, Colombia, Central America, Peru, Southeast Europe, Canada, Ecuador, Argentina, Chile, Israel, and internationally.

Vidrala

Market Cap: Mex$3.0b

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

Cleveland-Cliffs

Market Cap: Mex$6.1b

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

O-I Glass

Market Cap: Mex$2.2b

Through its subsidiaries, manufactures and sells glass containers to food and beverage manufacturers in the Americas, Europe, and internationally.

ALPEK. de

Market Cap: Mex$18.2b

Alpek, S.A.B. de C.V., together with its subsidiaries, operates as a petrochemical company in Mexico, the United States, Argentina, Brazil, Chile, Canada, the United Kingdom, Oman, and Saudi Arabia.

Fortescue

Market Cap: Mex$46.1b

Engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally.

Navigator Company

Market Cap: Mex$2.2b

Manufactures and markets pulp and paper products worldwide.

FMC

Market Cap: Mex$1.7b

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

Celanese

Market Cap: Mex$5.9b

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

Arkema

Market Cap: Mex$7.7b

Manufactures and sells specialty materials in Europe, the United States, Canada, Mexico, China, Hong Kong, Taiwan, and internationally.

Corporación Moctezuma. de

Market Cap: Mex$67.7b

Engages in the production, distribution, and sale of Portland cement, mortar, white cement, ready-mixed concrete and aggregates in Mexico.

Inmocemento

Market Cap: Mex$1.6b

Through its subsidiaries, engages in the real estate and cement businesses.

Suzano

Market Cap: Mex$70.3b

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

Newmont

Market Cap: Mex$132.9b

Operates as a gold producer.

Sealed Air

Market Cap: Mex$4.5b

Provides packaging solutions in the United States and internationally, Europe, the Middle East, Africa, and Asia Pacific.

Methanex

Market Cap: Mex$4.9b

Produces and supplies methanol in Asia Pacific, North America, Europe, and South America.

Vitro. de

Market Cap: Mex$2.6b

Through its subsidiaries, produces, processes, distributes, and markets inorganic chemical products worldwide.

Torex Gold Resources

Market Cap: Mex$6.4b

A mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Mexico and the United States.

Sylvamo

Market Cap: Mex$1.6b

Produces and markets uncoated freesheet for cutsize, offset paper, and pulp in Europe, Latin America, and North America.

Eastman Chemical

Market Cap: Mex$7.3b

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

Chemours

Market Cap: Mex$2.6b

Provides performance chemicals in North America, the Asia Pacific, Europe, the Middle East, Africa, and Latin America.

Dow

Market Cap: Mex$21.9b

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.

Symrise

Market Cap: Mex$10.6b

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.

Braskem

Market Cap: Mex$7.4b

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

Avery Dennison

Market Cap: Mex$16.5b

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

Smurfit Westrock

Market Cap: Mex$24.1b

Manufactures, distributes, and sells containerboard, corrugated containers, and other paper-based packaging products.

International Paper

Market Cap: Mex$20.6b

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

USA Rare Earth

Market Cap: Mex$3.8b

Engages in mining, processing, and supplying rare earths and other critical minerals in the United States.

Sibanye Stillwater

Market Cap: Mex$178.6b

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

AngloGold Ashanti

Market Cap: Mex$57.7b

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

Verallia Société Anonyme

Market Cap: Mex$3.3b

Manufactures and sells glass packaging products for beverages and food products worldwide.

LyondellBasell Industries

Market Cap: Mex$18.3b

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

New Gold

Market Cap: Mex$13.2b

An intermediate gold mining company, engages in the development and operation of mineral properties in Canada.

Coeur Mining

Market Cap: Mex$15.8b

Operates as a gold and silver producer in the United States, Canada, and Mexico.

Harmony Gold Mining

Market Cap: Mex$207.3b

Engages in the exploration, extraction, and processing of mineral properties in South Africa, Papua New Guinea, and Australia.

Boliden

Market Cap: Mex$187.5b

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.