Norwegian Materials Low Leverage High Rewards

Yara International

Market Cap: NOK 112.4b

Provides crop nutrition, ammonia, and industrial solutions in Norway, European Union, Europe, Africa, Asia, North America, Latin America, Australia, and New Zealand.

Borregaard

Market Cap: NOK 14.9b

Engages in the development, production, and marketing of specialized biochemicals and biomaterials in Norway, rest of Europe, Asia, the United States, and internationally.