Global Materials Low Leverage High Rewards

L'Air Liquide

Market Cap: €96.5b

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

Castrol India

Market Cap: ₹185.4b

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

Jinduicheng Molybdenum

Market Cap: CN¥61.1b

Engages in the provision of molybdenum worldwide.

National Aluminium

Market Cap: ₹676.8b

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

CHC Resources

Market Cap: NT$17.4b

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

Adeka

Market Cap: JP¥383.0b

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

Vicostone

Market Cap: ₫6.4t

Manufactures and sells quartz based engineered stones in Asia and internationally.

Bhansali Engineering Polymers

Market Cap: ₹21.5b

Operates a petrochemical company in India and internationally.

ChugokukogyoLtd

Market Cap: JP¥2.8b

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

Lafarge Africa

Market Cap: ₦3.6t

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

Taoka Chemical Company

Market Cap: JP¥13.7b

Manufactures and sells chemicals, functional materials, and resin additives in Japan and internationally.

Hsing Ta CementLtd

Market Cap: NT$5.2b

Produces and sells cement and clinker products in Taiwan and China.

Uzin Utz

Market Cap: €365.7m

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

Exacompta Clairefontaine

Market Cap: €184.4m

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

Corticeira Amorim S.G.P.S

Market Cap: €820.6m

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.

Innospec

Market Cap: US$1.6b

Develops, manufactures, blends, markets, and supplies specialty chemicals in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.

Corporación Moctezuma. de

Market Cap: Mex$67.8b

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

Asahi Yukizai

Market Cap: JP¥108.9b

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

Acadian Timber

Market Cap: CA$311.2m

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

Shandong Nanshan AluminiumLtd

Market Cap: CN¥68.4b

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

Baoshan Iron & Steel

Market Cap: CN¥142.3b

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

China West Construction Group

Market Cap: CN¥7.3b

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

Lih Tai Construction Enterprise

Market Cap: NT$5.5b

Produces and sells ready-mixed concrete products in Taiwan.

OAT Agrio

Market Cap: JP¥27.8b

Researches, develops, manufactures, and sells agrochemicals and fertilizers in Japan.

NOF

Market Cap: JP¥663.9b

Manufactures chemicals in Japan.

Kyoei Steel

Market Cap: JP¥102.5b

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

Mitani Sekisan

Market Cap: JP¥124.2b

Produces and sells concrete products in Japan.

Tosoh

Market Cap: JP¥720.1b

Manufactures and sells basic chemicals, petrochemicals, specialty products, and fine chemicals.

Okamoto Industries

Market Cap: JP¥99.5b

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

Hokko Chemical Industry

Market Cap: JP¥45.2b

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

Vidrala

Market Cap: €2.5b

Engages in the manufacture and sale of glass containers for food and beverage products in the United Kingdom, Ireland, Italy, Iberian Peninsula, rest of Europe, and Brazil.

Chugoku Marine Paints

Market Cap: JP¥176.9b

Produces and sells functional coatings worldwide.

Divyashakti

Market Cap: ₹495.7m

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

UPM-Kymmene Oyj

Market Cap: €13.3b

Engages in the forest-based bioindustry worldwide.

FP

Market Cap: JP¥188.8b

Manufactures and markets polystyrene and compound resin disposable food containers in Japan.

Xinjiang Qingsong Building Materials and Chemicals Group

Market Cap: CN¥6.8b

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