Global Materials Low Leverage High Rewards

Sakata INX

Market Cap: JP¥117.5b

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

Bhansali Engineering Polymers

Market Cap: ₹26.3b

Operates a petrochemical company in India and internationally.

Narmada Gelatines

Market Cap: ₹2.9b

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

Nippon Fine Chemical

Market Cap: JP¥54.4b

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

Dangote Cement

Market Cap: ₦19.3t

Engages in the preparation, manufacturing, distribution, and sale of cement and related products in Nigeria.

Indo Borax & Chemicals

Market Cap: ₹11.7b

Manufactures and sells boron and lithium 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 25.5b

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¥59.5b

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

EPL

Market Cap: ₹73.7b

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.

Lucky Cement

Market Cap: NT$5.6b

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

Asia Cement

Market Cap: NT$127.0b

Engages in the cement business in China and Taiwan.

Taiyo KagakuLtd

Market Cap: JP¥42.7b

Manufactures and sells functional food ingredients for food, beverage, supplement, and cosmetic applications in Japan and internationally.

Nitto Denko

Market Cap: JP¥2.1t

Primarily engages in the adhesive tapes business in Japan, the Americas, Europe, Asia, Oceania, and internationally.

Nihon Parkerizing

Market Cap: JP¥189.7b

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

Daoming Optics&ChemicalLtd

Market Cap: CN¥6.1b

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

Nissan Chemical

Market Cap: JP¥1.1t

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

Yamato Kogyo

Market Cap: JP¥739.7b

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

KH Neochem

Market Cap: JP¥98.0b

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

Mino Ceramic

Market Cap: JP¥14.3b

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

KurimotoLtd

Market Cap: JP¥87.1b

Manufactures and sells ductile iron pipes and accessories, valves, and industrial and construction materials in Japan and internationally.

Muto Seiko

Market Cap: JP¥15.2b

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

Konishi

Market Cap: JP¥91.6b

Manufactures and sells synthetic adhesives in Japan.

United Paper

Market Cap: ฿5.1b

Engages in the production and distribution of box surface paper and Kraft paper for packaging corrugated boxes in Thailand.

Gansu Shangfeng Materials

Market Cap: CN¥17.8b

Manufactures and sells building materials, and cement and cement clinker products 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.

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.

Ohishi Sangyo

Market Cap: JP¥9.5b

Engages in the manufacture and sale of industrial packaging materials primarily in Japan.

DeHua TB New Decoration MaterialLtd

Market Cap: CN¥9.9b

Produces and sells environmentally friendly furniture panels in China and internationally.

BOC Kenya

Market Cap: KSh3.4b

Manufactures and sells medical and industrial gases and welding products in Kenya.

L'Air Liquide

Market Cap: €104.2b

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

Lafarge Africa

Market Cap: ₦5.3t

Manufactures, markets, and sells cement and other cementitious products in Nigeria.

Feng Hsin Steel

Market Cap: NT$35.3b

Manufactures, processes, and trades various steel products in Taiwan.

Sentien Printing Factory

Market Cap: NT$1.2b

Manufactures and sells heat transfer, insert mold, and in-mold labels and release foils in Taiwan, Mainland China, Indonesia, Vietnam, and internationally.

Chun Yuan Steel Industry

Market Cap: NT$16.1b

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.

Adeka

Market Cap: JP¥401.6b

Engages in chemicals, food products, and life science businesses.