Global Materials Undervalued based on future growth

Koppers Holdings

Market Cap: US$612.3m

Provides treated wood products, wood preservation chemicals, and carbon compounds in the United States, Australasia, Europe, and internationally.

JK Paper

Market Cap: ₹55.3b

Engages in the production and sale of paper products in India.

Vetropack Holding

Market Cap: CHF 470.8m

Provides glass packaging products for the food and beverage industry.

Allied Supreme

Market Cap: NT$19.1b

Manufactures and sells fluoropolymer resin in China, America, and Taiwan.

Kunshan Asia Aroma

Market Cap: CN¥4.1b

Engages in the research and development, production, and sale of spices and food additives in China.

PPC

Market Cap: R9.5b

Engages in the production and sale of cement, aggregates, ready mix concrete, and fly ash in South Africa, Botswana, and Zimbabwe.

Tharisa

Market Cap: R8.6b

An investment holding company, engages in the mining, processing, sale, and logistics of platinum group metals (PGMs) and chrome concentrates in South Africa, China, Singapore, Hong Kong, the United Arab Emirates, and internationally.

AltynGold

Market Cap: UK£389.5m

Engages in the exploration and development of gold producing mine in the Republic of Kazakhstan.

GHCL

Market Cap: ₹45.7b

Manufactures and trading of inorganic chemicals in India and internationally.

Tubacex

Market Cap: €428.6m

Engages in the manufacturing and sale of stainless steel and nickel tubes in Spain and internationally.

Fauji Cement

Market Cap: PK₨140.5b

Engages in the manufacturing and selling of various types of cement in Pakistan.

D&L Industries

Market Cap: ₱29.3b

Provides products for food ingredients, oleochemicals for personal and home care use, raw materials for plastic products, and aerosol products in the Philippines and internationally.

Central Asia Metals

Market Cap: UK£363.1m

Operates as a base metals producer.

Kanto Denka Kogyo

Market Cap: JP¥75.9b

Manufactures and sells various chemical products in Japan, rest of Asia, Europe, and America.

Kocaer Celik Sanayi ve Ticaret Anonim Sirketi

Market Cap: ₺21.0b

Engages in the production and sale of iron and steel products in Turkey and internationally.

Luoyang Jianlong Micro-nano New Material

Market Cap: CN¥3.3b

Engages in the manufacture and sale of molecular sieves in China.

SeAH Holdings

Market Cap: ₩679.8b

Engages in the steel materials business in South Korea and internationally.

Cabio Biotech (Wuhan)

Market Cap: CN¥3.2b

Develops, produces, and markets arachidonic and docosahexaenoic acids, and beta-carotene for domestic and foreign infant formula, and healthy food manufacturers.

Aeris Resources

Market Cap: AU$643.6m

Explores, produces, and sells precious metals in Australia.

TFF Group

Market Cap: €375.1m

Engages in the wine and spirits ageing in the United States, Europe, France, Asia, and internationally.

Kalekim Kimyevi Maddeler Sanayi Ve Ticaret Anonim Sirketi

Market Cap: ₺18.9b

Operates in the construction chemicals sector in Turkey and internationally.

AGI Greenpac

Market Cap: ₹38.5b

Operates as a packaging products company in India and the United Arab Emirates.

PCC Rokita

Market Cap: zł1.4b

Designs, produces, and sells chemical products in Poland, Germany, the European Union, rest of Europe, the United States, Asia, and internationally.

San Fu Chemical

Market Cap: NT$12.7b

Manufactures and sells various chemical products in Taiwan.

Hsin Kuang Steel

Market Cap: NT$12.5b

Engages in the cutting, stamping, and sale of various steel products in Taiwan.

Hoa Sen Group

Market Cap: ₫10.0t

Engages in the manufacturing and trading steel sheet in Vietnam and internationally.

Cahya Mata Sarawak Berhad

Market Cap: RM 1.5b

An investment holding company, engages in the manufacture and trading of cement and construction materials in Malaysia and internationally.

Malaysia Smelting Corporation Berhad

Market Cap: RM 1.5b

An investment holding company, engages in the smelting tin concentrates and tin bearing materials primarily in Malaysia.

KG Dongbu SteelLtd

Market Cap: ₩542.3b

Produces and sells steel products in South Korea.

Sylvania Platinum

Market Cap: UK£271.8m

Engages in the retreatment of platinum group metals (PGM) bearing chrome tailings materials in South Africa.

UNID

Market Cap: ₩539.1b

Manufactures and sells potassium based chemical products in South Korea and internationally.

WONIK MaterialsLtd

Market Cap: ₩530.8b

Manufactures and sells specialty gases in South Korea, China, and internationally.

Aurelia Metals

Market Cap: AU$516.2m

Engages in the exploration and production of mineral properties in Australia.

Kohat Cement

Market Cap: PK₨99.9b

Engages in the production and sale of cement in Pakistan and Afghanistan.

D.G. Khan Cement

Market Cap: PK₨99.5b

Produces and sells clinker, low alkali cement, and ordinary Portland and sulphate resistant cement in Pakistan.

TMK Chemical Bhd

Market Cap: RM 1.3b

Engages in sourcing, processing, and distribution of inorganic chemicals and value-added services in Malaysia, Vietnam, Singapore, Indonesia, Brunei and internationally.