Global Materials Low Leverage High Rewards

Tex Year Industries

Market Cap: NT$1.9b

Manufactures and trades in viscose, adhesives, and hot-melt adhesives in Taiwan, Asia, Europe, the United States, and internationally.

HOKUETSU METAL

Market Cap: JP¥5.3b

Manufactures, processes, and sells iron and steel products in Japan.

NOROO PAINT & COATINGS

Market Cap: ₩168.1b

Engages in the development, manufacture, and sale of paints in South Korea and internationally.

Hodogaya Chemical

Market Cap: JP¥23.8b

Primarily engages in the production and sale of organic industrial chemicals in Japan.

Konishi

Market Cap: JP¥72.3b

Manufactures and sells synthetic adhesives in Japan.

Minho (M) Berhad

Market Cap: RM 101.7m

An investment holding company, manufactures and sells timber products in Malaysia.

Shandong Link Science and TechnologyLtd

Market Cap: CN¥4.2b

Shandong Link Science and Technology Co.,Ltd.

DeHua TB New Decoration MaterialLtd

Market Cap: CN¥8.5b

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

Chongqing Changjiang River Moulding Material (Group)

Market Cap: CN¥2.5b

Chongqing Changjiang River Moulding Material (Group) Co., Ltd.

Daoming Optics&ChemicalLtd

Market Cap: CN¥5.2b

Engages in the research and development, production, and sale of reflective materials and products worldwide.

Bayer CropScience

Market Cap: ₹210.4b

Engages in the manufacture, sale, and distribution of insecticides, fungicides, herbicides, and various other agrochemical products and corn seeds in India, Germany, Bangladesh, and internationally.

Asia Cement

Market Cap: NT$159.1b

Engages in the manufacturing and selling cement, clinker, ready-mixed concrete, and cement related products in China, Taiwan, and internationally.

Nippon Denko

Market Cap: JP¥36.5b

Engages in the ferroalloys, functional materials, incineration ash recycling, aqua solutions, and electric power businesses in Japan.

Nippon Crucible

Market Cap: JP¥4.0b

Through its subsidiaries, engages in the manufacture and sale of refractory products primarily in Japan.

Kureha

Market Cap: JP¥125.5b

Manufactures and sells functional materials, specialty chemicals, and plastics in Japan and internationally.

Norsk Hydro

Market Cap: NOK 110.3b

Engages in the power production, bauxite extraction, alumina refining, aluminium smelting, and recycling activities worldwide.

Mineros

Market Cap: Col$1.8t

Engages in the exploration, development, and production of gold in Central and South America.

Göltas Göller Bölgesi Cimento Sanayi ve Ticaret

Market Cap: ₺6.9b

Göltas Göller Bölgesi Cimento Sanayi ve Ticaret A.S.

Shenzhen Jinjia GroupLtd

Market Cap: CN¥5.1b

Engages in the research, development, and production of packaging materials in China.

Riyadh Cement

Market Cap: ر.س4.0b

Produces and sells cement in the Kingdom of Saudi Arabia, the Kingdom of Bahrain, the Hashemite Kingdom of Jordan, the State of Kuwait, the State of Qatar, and the Sultanate of Oman.

Northern Star Resources

Market Cap: AU$21.9b

Engages in the exploration, development, mining, and processing of gold deposits.

Rio Tinto Group

Market Cap: UK£77.4b

Engages in exploring, mining, and processing mineral resources worldwide.

AMG Packaging & Paper

Market Cap: JA$1.4b

Manufactures, distributes, and retails cartons of various sizes in Jamaica.

BBC

Market Cap: ₩42.6b

Manufactures and sells filaments for oral care industry and brushes.

Kyowa Leather Cloth

Market Cap: JP¥16.3b

Manufactures and sells synthetic leather cover materials in Japan.

INternational CArbide Technology

Market Cap: NT$1.2b

INternational CArbide Technology Co., Ltd.

Gujarat Intrux

Market Cap: ₹1.6b

Manufactures and supplies stainless, non-alloy, and alloy steel castings in India.

Grigeo Group

Market Cap: €143.9m

Operates in the paper and wood industry in Lithuania.

K Laser Technology

Market Cap: NT$3.0b

Researches, develops, produces, and sells laser holographic packaging materials, and products and optical instruments.

Analabs Resources Berhad

Market Cap: RM 172.1m

An investment holding company, manufactures, formulates, and sells resins, chemicals, and building materials in Malaysia, rest of Asia, and internationally.

Styrenix Performance Materials

Market Cap: ₹48.6b

Engages in the manufacture, trading, and sale of engineering thermoplastics in India.

Taoka Chemical Company

Market Cap: JP¥15.1b

Manufactures and sells various chemicals in Japan and internationally.

DingZing Advanced Materials

Market Cap: NT$9.3b

Researches, develops, produces, and sells composite materials, technical films, and other components for various industries in Taiwan.

Stella Chemifa

Market Cap: JP¥44.3b

Manufactures and sells inorganic fluorine compounds in Japan and internationally.

AmiaLtd

Market Cap: NT$2.1b

Engages in the processing, manufacturing, trading, and recycling of various industrial chemicals in Taiwan and China.

Kuantum Papers

Market Cap: ₹9.0b

Produces, markets, and sells agro and wood-based paper products in India.