French Materials Strong Balance Sheet Stocks

Fermentalg

Market Cap: €45.9m

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

Carbios SAS

Market Cap: €100.7m

Engages in design and development of enzymatic processes in France.

Grolleau Société Anonyme

Market Cap: €9.8m

Designs and produces infrastructure equipment in France.

Exacompta Clairefontaine

Market Cap: €186.7m

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

Moulinvest

Market Cap: €70.8m

Operates in the wood industry business in France.

Baikowski

Market Cap: €91.0m

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

EPC Groupe

Market Cap: €582.4m

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

AFYREN SAS

Market Cap: €69.2m

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: €391.9m

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

L'Air Liquide

Market Cap: €109.7b

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

Hoffmann Green Cement Technologies Societe anonyme

Market Cap: €62.9m

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

Encres Dubuit

Market Cap: €6.4m

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

Vicat

Market Cap: €3.0b

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

Robertet

Market Cap: €1.8b

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

Oeneo

Market Cap: €588.0m

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: €5.6m

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.