Global Materials Low Leverage High Rewards

Kakatiya Cement Sugar and Industries

Market Cap: ₹1.1b

Manufactures and sells Portland cement in India.

Zhejiang Jiahua Energy Chemical IndustryLtd

Market Cap: CN¥11.5b

Zhejiang Jiahua Energy Chemical Industry Co.,Ltd.

Crown Seal

Market Cap: ฿2.3b

Manufactures and sells caps for bottles in Thailand.

Sichuan Meifeng Chemical Industry

Market Cap: CN¥3.7b

Sichuan Meifeng Chemical Industry Co., Ltd.

Quechen Silicon Chemical

Market Cap: CN¥6.5b

Engages in the manufacture and supply of silica in China and internationally.

HBIS Resources

Market Cap: CN¥8.5b

Engages in the mining, processing, selling, and servicing of mineral products in Asia, Africa, Europe, and the Americas.

Luyang Energy-Saving Materials

Market Cap: CN¥6.1b

Researches and develops, produces, and sells energy-saving products in the field of ceramic fiber, alumina fiber, soluble fiber, basalt fiber, and insulating firebrick in China and internationally.

Capital

Market Cap: UK£134.6m

Provides drilling, mining, mineral assaying, and surveying services.

Jiangxi Selon Industrial

Market Cap: CN¥2.1b

Research, develops, produces, markets, and sells fine chemical products in China and internationally.

Hoa Sen Group

Market Cap: ₫8.6t

Manufactures and trades in steel sheets in Vietnam and internationally.

Cementos Bio Bio

Market Cap: CL$422.8b

Engages in the production and sale of cement, lime, and concrete products in Chile and internationally.

Chemical and Allied Products

Market Cap: ₦32.6b

Engages in the manufacture and sale of paints and coatings in Nigeria.

Iberpapel Gestión

Market Cap: €222.3m

Manufactures and markets printing and writing paper in Spain, rest of the European Union, South America, Africa, and internationally.

EMS-CHEMIE HOLDING

Market Cap: CHF 14.2b

Engages in the high performance polymers and specialty chemicals businesses in the United States, Europe, Asia, and internationally.

UPM-Kymmene Oyj

Market Cap: €12.3b

Engages in the forest-based bioindustry in Europe, North America, Asia, and internationally.

Barrick Gold

Market Cap: CA$45.2b

Engages in the exploration, mine development, production, and sale of gold and copper properties.

Tokyo Ohka Kogyo

Market Cap: JP¥383.4b

Manufactures and sells chemical products and process equipment in Japan and internationally.

POSCO STEELEON

Market Cap: ₩226.4b

Manufactures, processes, and sells steel products in South Korea and internationally.

Kuraray

Market Cap: JP¥537.9b

Engages in the production and sale of resins, chemicals, fibers, activated carbon, and high-performance membranes and systems worldwide.

POVAL KOGYO

Market Cap: JP¥3.1b

Manufactures and sells special and resin belts in Japan.

Toho Acetylene

Market Cap: JP¥12.6b

Provides gas and equipment related products in Japan.

JSP

Market Cap: JP¥49.3b

Manufactures and sells expanded polymers worldwide.

Anhui Conch Cement

Market Cap: HK$130.6b

Manufactures, sells, and trades in clinker and cement products in China and internationally.

China Nonferrous Mining

Market Cap: HK$20.1b

An investment holding company, engages in the exploration, mining, ore processing, leaching, smelting, and sale of copper cathodes, blister copper, copper anodes.

Scientex Berhad

Market Cap: RM 5.4b

An investment holding company, manufactures, markets, and sells stretch films and various flexible plastic packaging (FPP) products.

Yunnan Tin

Market Cap: CN¥22.7b

Engages in the production, processing, and export of tin in China and internationally.

Yunnan Aluminium

Market Cap: CN¥52.7b

Manufactures and sells aluminum in China.

China Sunsine Chemical Holdings

Market Cap: S$519.6m

An investment holding company, manufactures and sells specialty chemicals in the People’s Republic of China, rest of Asia, America, Europe, and internationally.

OKA Corporation Bhd

Market Cap: RM 130.1m

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

Wah Nobel Chemicals

Market Cap: PK₨2.0b

Manufactures and sells various chemicals in Pakistan.

Thong Guan Industries Berhad

Market Cap: RM 461.9m

An investment holding company, manufactures and trades in plastic products and packaged food, beverages, and other consumable products in Malaysia, Other Asian countries, Oceania, Europe, North America, and internationally.

Eastern Polymer Group

Market Cap: ฿7.4b

Through its subsidiaries, engages in the manufacture and distribution of rubber insulation, automotive, and plastic packing products in Thailand and internationally.

Tianshan Aluminum GroupLtd

Market Cap: CN¥34.3b

Produces and sells primary aluminum, alumina, prebaked anodes, high-purity aluminum, and aluminum deep-processed products and materials in China and internationally.

Bluestar Adisseo

Market Cap: CN¥25.8b

Engages in the research, development, production, and sale of feed additives for animal nutrition worldwide.

Shandong Hualu-Hengsheng Chemical

Market Cap: CN¥43.3b

Shandong Hualu-Hengsheng Chemical Co., Ltd.

SABIC Agri-Nutrients

Market Cap: ر.س47.3b

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.