French Materials Strong Balance Sheet Stocks

Fermentalg

Market Cap: €47.5m

Provides biosolutions based on aquatic micro-organisms in Europe, North America, Asia, and internationally.

Grolleau Société Anonyme

Market Cap: €9.5m

Designs and produces infrastructure equipment in France.

Carbios SAS

Market Cap: €94.3m

Engages in design and development of enzymatic processes in France.

Exacompta Clairefontaine

Market Cap: €184.4m

Engages in producing, finishing, and formatting of papers in France, Europe, and internationally.

Moulinvest

Market Cap: €71.1m

Operates in the wood industry business in France.

Baikowski

Market Cap: €86.2m

Produces ultra-pure alumina powders and formulations in France, the rest of Europe, the Americas, Asia, and internationally.

EPC Groupe

Market Cap: €580.3m

Engages in the manufacture, storage, and distribution of explosives in Europe, Africa, Asia Pacific, and the Americas.

AFYREN SAS

Market Cap: €68.1m

Provides biobased products to replace petroleum-based molecules in France.

ZCCM Investments Holdings

Market Cap: €501.9m

Operates as a diversified mining investment and operations company in Zambia and internationally.

Groupe Guillin

Market Cap: €417.8m

Produces and sells food packaging products in France, the United Kingdom, Italy, and internationally.

L'Air Liquide

Market Cap: €110.0b

Provides gases, technologies, and services for the industrial and health sectors in Europe, the Americas, the Asia Pacific, the Middle East, and Africa.

Coil/N.V

Market Cap: €6.4m

Provides anodizing services on aluminum flat rolled products in coil form, sheets, and panels in Europe.

Hoffmann Green Cement Technologies Societe anonyme

Market Cap: €65.3m

Designs, produces, distributes, and markets clinker-free decarbonized cement products in France.

Vicat

Market Cap: €2.8b

Engages in the production and sale of cement, ready-mixed concrete, and aggregates for construction industry.

Encres Dubuit

Market Cap: €6.4m

Together with subsidiaries, develops, manufactures, and markets technical inks in France and internationally.

Robertet

Market Cap: €1.8b

Produces and sells perfumes, aromas, and natural products in France, Europe, the United States, and internationally.

Oeneo

Market Cap: €584.2m

Operates in the wine industry worldwide.

Arkema

Market Cap: €4.2b

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

Cogra 48 Société Anonyme

Market Cap: €23.9m

Engages in manufacturing wood pellets in France and internationally.

Méthanor

Market Cap: €5.9m

A renewable energy company, finances and operates renewable energy projects in France.

Verallia Société Anonyme

Market Cap: €2.2b

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