Global Materials Low Leverage High Rewards

Chun Yuan Steel Industry

Market Cap: NT$13.4b

Produces and sells steel products in Taiwan and rest of Asia.

Yamax

Market Cap: JP¥18.1b

Engages in the manufacture and sale of concrete and cement products for the construction and civil engineering projects in Japan.

ChugokukogyoLtd

Market Cap: JP¥2.3b

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

Stella Chemifa

Market Cap: JP¥49.9b

Manufactures and sells high-purity chemical products in Japan and internationally.

Asahi Yukizai

Market Cap: JP¥95.4b

Engages in the piping system, resin, and water treatment and resource development businesses in Japan.

Nippon Fine Chemical

Market Cap: JP¥61.8b

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

Castrol India

Market Cap: ₹180.9b

Manufactures and markets automotive and industrial lubricants in India and internationally.

Adeka

Market Cap: JP¥381.8b

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

Jinduicheng Molybdenum

Market Cap: CN¥47.5b

Engages in the provision of molybdenum worldwide.

Sakata INX

Market Cap: JP¥116.2b

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

Uzin Utz

Market Cap: €355.6m

Develops, manufactures, and sells construction chemical system products in Germany, the United States, Netherlands, and internationally.

Grigeo Group

Market Cap: €145.4m

Operates in the paper and wood industry in Lithuania.

Bhansali Engineering Polymers

Market Cap: ₹21.5b

Operates a petrochemical company in India and internationally.

Corticeira Amorim S.G.P.S

Market Cap: €873.8m

Engages in the acquisition and transformation of cork into various cork and cork-related products in Europe, the United States, Rest of America, Australasia, and Africa.

Kuriyama Holdings

Market Cap: JP¥32.5b

Manufactures and sells of various hoses, rubber, and plastics products in Japan, the United States, Canada, Europe, and internationally.

Corporación Moctezuma. de

Market Cap: Mex$69.7b

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

Feng Hsin Steel

Market Cap: NT$37.2b

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

Exacompta Clairefontaine

Market Cap: €192.4m

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

China West Construction Group

Market Cap: CN¥7.7b

Engages in the building materials business in China, Malaysia, Indonesia, Cambodia, and internationally.

Chugoku Marine Paints

Market Cap: JP¥223.8b

Produces and sells functional coatings worldwide.

A-Rank Berhad

Market Cap: RM 69.7m

An investment holding company, manufactures and markets aluminium billets in Malaysia.

Shandong Nanshan AluminiumLtd

Market Cap: CN¥55.1b

Shandong Nanshan Aluminium Co.,Ltd. is involved in the aluminum processing activity worldwide.

Divyashakti

Market Cap: ₹560.6m

Engages in the manufacture and export of granite products in India.

Baoshan Iron & Steel

Market Cap: CN¥156.1b

Manufactures and sells steel products for automobile, home appliance, petrochemical, machinery manufacturing, energy, transportation, and other industries in China and internationally.

Lih Tai Construction Enterprise

Market Cap: NT$5.4b

Produces and sells ready-mixed concrete products in Taiwan.

Kyoei Steel

Market Cap: JP¥103.5b

Engages in the manufacture, processing, and sells of billets and steel products in Japan, Vietnam, North America, and internationally.

Okamoto Industries

Market Cap: JP¥92.5b

Manufactures and sells industrial and household products in Japan and internationally.

Hokko Chemical Industry

Market Cap: JP¥41.5b

Together with subsidiaries, manufactures and sells crop protection and fine chemicals products in Japan and internationally.

Nihon Yamamura Glass

Market Cap: JP¥29.9b

Produces and sells glass bottles and plastic caps in Japan and internationally.

Xinjiang Qingsong Building Materials and Chemicals(Group)CoLtd

Market Cap: CN¥6.8b

Xinjiang Qingsong Building Materials and Chemicals(Group)Co,Ltd.

Jiangsu Changbao SteeltubeLtd

Market Cap: CN¥7.2b

Manufactures and sells steel tubes in the People’s Republic of China and internationally.

PGP Glass Ceylon

Market Cap: LK₨52.6b

Manufactures and sells glass bottles in Sri Lanka, India, the United States, and internationally.

OKA Corporation Bhd

Market Cap: RM 109.2m

An investment holding company, engages in the manufacturing and selling of pre-cast concrete products for the infrastructure, sewerage, construction, and highway industries in Malaysia.

Shanghai Huayi Group

Market Cap: CN¥14.8b

Operates as a chemical company in China.

SABIC Agri-Nutrients

Market Cap: ر.س53.6b

Engages in the production, conversion, manufacturing, marketing, and trade of agri-nutrients and chemical products in Singapore, the United States, India, the Kingdom of Saudi Arabia, the United Arab Emirates, Bangladesh, Pakistan, and internationally.

Nippon Chuzo K. K

Market Cap: JP¥4.0b

Engages in industrial castings, engineering, and construction materials business in Japan.