Global Materials Low Leverage High Rewards

Creative Castings

Market Cap: ₹803.1m

Engages in the manufacture and sale of machined and unmachined investment castings in India.

Mino Ceramic

Market Cap: JP¥13.2b

Designs, produces, and sells refractories and advanced ceramics in Japan and internationally.

Narmada Gelatines

Market Cap: ₹3.1b

Manufactures and sells gelatine and related products in India and internationally.

Bhansali Engineering Polymers

Market Cap: ₹30.4b

Operates a petrochemical company in India and internationally.

Nippon Fine Chemical

Market Cap: JP¥56.0b

Manufactures and sells fine chemical, cosmetic, and industrial chemical products in Japan and internationally.

Indo Borax & Chemicals

Market Cap: ₹13.1b

Manufactures and sells boron-based products in India.

Shih-Kuen Plastics

Market Cap: NT$2.4b

Engages in the manufacturing, processing, and sales of plastic sheet products.

HEXPOL

Market Cap: SEK 31.2b

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.

Asia Pile Holdings

Market Cap: JP¥57.8b

Through its subsidiaries, engages in the foundation construction business in Japan and Vietnam.

EPL

Market Cap: ₹73.3b

Manufactures and sells plastic packaging materials in the form of multilayer collapsible tubes, corrugated boxes, and laminates in the Americas, Europe, Africa, the Middle East, South Asia, and the East Asia Pacific.

Ohishi Sangyo

Market Cap: JP¥10.2b

Manufactures and sells industrial packaging materials primarily in Japan.

Nihon Parkerizing

Market Cap: JP¥182.8b

Engages in the manufacture and supply of surface treatment chemicals in Japan and internationally.

Muto Seiko

Market Cap: JP¥16.2b

Manufactures and sells plastic parts in Japan, Vietnam, China, Taiwan, rest of Asia, and internationally.

Daoming Optics&ChemicalLtd

Market Cap: CN¥5.2b

Engages in the research and development, production, and sale of various functional films and polymer synthetic materials in China and internationally.

Konishi

Market Cap: JP¥92.0b

Manufactures and sells synthetic adhesives in Japan.

Sakai Chemical Industry

Market Cap: JP¥64.2b

Manufactures and sells various chemical products in Japan, Asia, North America, Europe, the Middle East, and internationally.

KH Neochem

Market Cap: JP¥123.4b

Researches, manufactures, and sells of petrochemical products in Japan and internationally.

DeHua TB New Decoration MaterialLtd

Market Cap: CN¥10.4b

Produces and sells furniture boards in China and internationally.

Lucky Cement

Market Cap: NT$4.9b

Manufactures and sells cement, stone, and other cement-related products in the People’s Republic of China.

Asia Cement

Market Cap: NT$116.9b

Engages in the cement business in China and Taiwan.

Yamato Kogyo

Market Cap: JP¥805.5b

Through its subsidiaries, engages in the manufacture and sale of steel products in Japan and internationally.

Nissan Chemical

Market Cap: JP¥1.0t

Engages in the chemicals, performance materials, agricultural chemicals, and healthcare businesses in Japan and internationally.

Gansu Shangfeng Materials

Market Cap: CN¥13.2b

Engages in the production and sale of building materials in China.

Jaya Tiasa Holdings Berhad

Market Cap: RM 1.0b

An investment holding company, engages in the extraction and sale of logs in Malaysia.

Acadian Timber

Market Cap: CA$328.5m

Provides forest products in Eastern Canada and the Northeastern United States.

Corporación Moctezuma. de

Market Cap: Mex$69.5b

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

Sinon

Market Cap: NT$16.3b

Manufactures and sells various pesticides, chemicals, and fertilizers.

Adeka

Market Cap: JP¥399.5b

Engages in chemicals, food, and life sciences businesses.

Chun Yuan Steel Industry

Market Cap: NT$13.9b

Manufactures, processes, and trades steel plates, silicon steel sheets, container components, special steel, and H-beams, and undertakes construction of steel structure projects in Taiwan, Asia, America, and Europe.

National Aluminium

Market Cap: ₹699.8b

Engages in the manufacture and sale of alumina and aluminum products in India and internationally.

Yamax

Market Cap: JP¥14.0b

Engages in the provision of civil engineering and architectural concrete products in Japan.

Sakata INX

Market Cap: JP¥128.2b

Manufactures and sells various printing inks and auxiliary agents in Japan, Asia, the America, Europe, and internationally.

INternational CArbide Technology

Market Cap: NT$1.1b

INternational CArbide Technology Co., Ltd.

ChugokukogyoLtd

Market Cap: JP¥2.7b

Manufactures and sells high voltage, steel structure, and facility equipment in Japan.

CHC Resources

Market Cap: NT$15.5b

Produces, processes, and sells construction materials in Taiwan and internationally.

Yamau Holdings

Market Cap: JP¥13.6b

Manufactures and sells concrete products in Japan.