Deep Intelligence Across Industries

Company Headquarters: Breda, The Netherlands Founded: 2008 Workforce: 105 Company Working: argenx SE is a clinical-stage biotechnology company. It is developing a pipeline of differentiated antibody-based therapies for the treatment of autoimmune diseases and cancer. The company focuses on developing product candidates with the potential to be either first-in-class against novel targets or best-in-class against known to treat diseases with significant unmet medical needs. It has a strong presence in Luxembourg, Denmark, Switzerland, and the Netherlands.

Company Headquarters: Heidenheim, Germany Founded: 1867 Workforce: ~19,000 Company Working: Voith GmbH & Co. KGaA is a leading company with a broad portfolio of systems, products, services, and digital solutions. It had set standards in the energy, oil & gas, paper, raw materials, transport, and automotive industries. The company also manufactures hydropower turbines, generators, and drive components, which are used in applications such as industrial plants, road and rail vehicles, and waters. It operates through four segments, which are hydro, paper, turbo, and digital ventures. The company offers energy storage system products under its hydro and turbo segments. It provides its advanced products and solutions for end-use industries such as cement, chemicals & petrochemicals, commercial vehicles & automotive, construction, marine, mechanical engineering, mining, oil & gas, thermal power plants, rail vehicles, and steel. Voith GmbH & Co. KGaA has operations in more than 60 countries, across the globe. Ray Sono AG, Voith Turbo GmbH & Co. KG, Voith Hydro Holding GmbH & Co. KG, Voith Industrial Services AS, and Voith Industrial Services Holding GmbH are some of its subsidiaries

Company Headquarters: Maine, US Founded: 1943 Workforce: 1,805 Company Working: Almirall, S.A. is a pharmaceutical company. It engaged in research, development, manufacturing, and commercialization of medicines and licensed products. The company offers some of the major brands in the market, including the Ciclopoli franchise, Solaraze, Decoderm franchise, Skilarence, among others. The company’s products focus on treating respiratory diseases, including asthma and chronic obstructive pulmonary disease (COPD), autoimmune diseases including rheumatoid arthritis and multiple sclerosis, dermatological diseases including psoriasis, eczema, acne, and other skin infections, and gastrointestinal diseases including irritable bowel syndrome with constipation.

Company Headquarters: Montpellier, France Founded: 2002 Workforce: ~200 Company Working: Medtech SA (Medtech) designs, develops, and markets a new generation of robotic assistance for the express purpose of improved medical and surgical technique. The company’s robots contribute to safer and more stable implantation of both more effective and less invasive treatments. It developed ROSA, an innovative technological device devoted to brain surgery procedures. The company’s mission is to be instrumental in the use of minimally invasive surgical procedures for patient benefit and improved cost control.

Company Headquarters: Hamilton, Bermuda, UK Founded: 1952 Workforce: ~15,000 Company Working: Nabors Industries Ltd is one of the leading global drilling rig (offshore and onshore) fleet providers. It offers directional drilling services, innovative technologies, and performance tools for itself and third parties. The company is well positioned in the competitive market with its seamlessly integrated downhole hardware, equipment, and software solutions, which are required for designing rigs. It offers a variety of software solutions to its clients for drilling data analytics, RigCLOUD platform, equipment condition monitoring software, fuel management, and directional drilling. Additionally, in the equipment segment, the company offers automated surface equipment, downhole tools, and automated floor systems. Its rig instrumentation software systems help enhance drilling performance and wellbore placement. Nabors Industries Ltd has smart drilling techniques, which provide benefits such as real-time monitoring, user-friendly interface design, intelligent alarms, synchronized top drive operating data, and integration with other downhole technologies for streamlined management. Its overall smart well systems include wiring, sensing, and decoding devices that are integrated with the value chain. As a global player, the company is currently working with approximately 407 marketed rigs for land-based operations in the US and Canada and 23 other countries across the world. Nabors Industries Ltd. specializes in wellbore placement solutions and offers directional drilling and Measurement While Drilling (MWD) systems and services for clients all over the world.

Company Headquarters: North Carolina, US Founded: 2006 Workforce: ~200 Company Working: TransEnterix, Inc. (TransEnterix) is a medical device company. It engages in the research, development, and sale of medical device robotics to enhance minimally invasive surgeries. The company offers Senhance Surgical Robotic System, a multi-port robotic system which gives surgeons the precision to perform surgeries with more accuracy. TransEnterix has also developed another system named SurgiBot System, which gives robotically enhanced laparoscopic surgical platform to healthcare professionals.

Company Headquarters: Texas, US Founded: 1941 Workforce: ~29,500 Company Working: Weatherford International is one of the largest multinational in oil field and service companies, which offers innovative solutions, technology and pioneer services to the oil and gas industry. The company operates through the following product and services segments: formation evaluation, drilling, completions, productions, abandonment, tubular running services, rigs, rig equipment and software. It offers a variety of drilling services including surface logging systems, closed-loop drilling, rental tools and services, drilling waste management, pressure control, liner system, cementing and drilling optimization. Weatherford’s product and services provides includes Artificial Lift Systems, Testing and Production Services, Completion Systems, Cementing Products, Surface Logging Systems, Intervention Services, and Reservoir Solutions. Weatherford offers MPD of two types, namely semi-automated and automated. The company has a wide operational portfolio, which is segmented regionally as western and eastern hemisphere, across the globe. It is embracing automation, and digitalization, including technologies such as big data, Internet of Things, and machine learning to enhance the exploration and production process. It operates in over 90 countries and has facilities in over 860 locations, which include research and development, service, manufacturing, and training. The companies MPD product portfolio includes subsea and surface rotating control devices.

Company Headquarters: Virginia, US Founded: 1981 Workforce: ~9,000 Company Working: The AES Corporation is a leading company with a diverse portfolio of distribution businesses and thermal and renewable generation facilities. It primarily focuses on providing energy solutions that enhances various technologies that are based on coal, diesel, gas, oil, coke petroleum, and renewables. The company’s products have applications in hospitals, homes, schools, and commercial facilities. It provides safe, reliable, and sustainable energy storage solutions. The company specializes in developing and operating energy generation individual solar PV projects and solar PV projects that are combined with energy storage project systems. It operates in the UK, Argentina, Pakistan, China, Hungary, and Brazil.

Company Headquarters: US Founded: 2003 Workforce: ~33,000 Company Working: Tesla Inc. is one of the leading automotive manufacturers that designs, develops, manufactures, and sells fully electric high-performance vehicles. It operates through two segments, which are automotive and energy generation and storage service and others. The automotive and energy generation segment comprises premium electric sedans, such as the Model S sedans and Model X sport utility vehicles. Additionally, the company distributes its all-electric premium sedans, globally. The energy generation and storage service business segment offers superchargers and charging stations. Apart from this, the company leverages its technical expertise in power electronics, batteries, and integrated systems to manufacture and sell energy storage products. Tesla, Inc. manufactures all its automobiles in Fremont, California, the US, where the vast majority of the vehicle components are made. The company offers an exclusive set of energy solutions, power walls, power packs, and solar roofs for enabling homeowners, businesses, and utilities to manage renewable energy generation, storage, and consumption. Furthermore, it offers electric vehicle powertrain components and systems and services for electric vehicles to other manufacturers.

Company Headquarters: US Founded: 1994 Workforce: 341,400 Company Working: Amazon.com, Inc. engages in the retail sale of consumer products and subscriptions in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS) segments. It sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through physical stores and retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk. The company also manufactures and sells electronic devices, including Kindle e-readers, fire tablets, and fire TVs among others. The Amazon Web Services segment involves in the global sales of compute, storage, database, and AWS service offerings for start-ups, enterprises, government agencies, and academic institutions. The company has its offices located in countries such as Australia, Brazil, Canada, France, Italy, and India among others. The company specializes in e-commerce, retail, operations, and Internet-based services.

Company Headquarters: US Founded: 1999 Workforce: 25,178 Company Working: Salesforce.com Inc is a leading provider of enterprise cloud computing solutions, with a focus on customer relationship management (CRM). The company first introduced its CRM solutions in the year 2000. It provides cloud-based applications for sales, service, and marketing which do not require IT expertise for their installation or management. The company specializes in enterprise cloud computing, and integration of customer relationship management and social networking to capitalize on commercial applications. The product offerings include sales cloud, service cloud, marketing cloud, and commerce cloud. The company proves services which are intuitive and easy-to-use and can be deployed rapidly, customized easily and integrated with other platforms and enterprise apps. Customer Success Platform is a comprehensive portfolio of service offerings providing sales force automation, customer service and support, marketing automation, digital commerce, community management, analytics, application development, IoT integration, collaborative productivity tools, and professional cloud services.

Company Headquarters: Germany Founded: 1995 Workforce: ~215,675 Company Working: Deutsche Telekom AG (Deutsche Telekom) is engaged in the provision of telecommunications and information technology (IT) services. The company offers a range of mobile and fixed telecommunications services, IT, Internet, and network services. Deutsche Telekom has operations in over 50 countries across North America, South America, Europe, Asia, and Africa. The company operates in five business segments namely the US, Germany, Europe, systems solutions, and group headquarters, and group development. The US operating segment combines all mobile activities in the US market. The Germany segment comprises all fixed-network and mobile activities for consumers and business customers in Germany. The segment also focuses on the wholesale business to provide telecommunications services for carriers and other operating segments. The Europe operating segment comprises all fixed-network and mobile operations of the national companies in Greece, Romania, Hungary, Poland, the Czech Republic, Croatia, the Netherlands, Slovakia, Austria, Albania, the North Macedonia, and Montenegro. In addition, it offers information and communications technology (ICT) solutions to business customers. The Europe operating segment also includes international carrier sales and solutions (ICSS), global technology, and the global network factory (GNF) units. The systems solutions operating segment offers ICT products and solutions for large multinational corporations and public institutions, under the T-Systems brand. The operating segment offers its customers with ICT solutions from a single source and develops and operates infrastructure and industry solutions. The segment primarily includes services from the cloud, machine-to-machine (M2M) and security solutions, complementary, standardized mobile and fixed-network products, and solutions for virtual collaboration and IT platforms. The company operates in over 50 countries across North America, South America, Europe, Africa, and Asia-Pacific

Company Headquarters: Maharashtra, India Founded: 1980 Workforce: ~2,143 Company Working: ISMT LTD is primarily engaged in manufacturing steel and tubes and providing engineering services. It provides products such as seamless tubes, tube-based products, and alloy steels for the mining and drilling industry. The company caters to a wide range of end-use industries including automotive, mining, engineering, energy, and oil & gas. It operates through two business segments, namely, tube and steel. OCTG are included under both these segments. Additionally, the company focuses on researching and developing methods for reducing process costs and incorporating new technological advancements into its products. ISMT LTD has four subsidiaries– ISMT North America, Taneja Aerospace and Aviation Limited (India), Structo Hydraulics AB (Sweden), and ISMT Europe (Sweden).

Company Headquarters: Pittsburgh, US Founded: 1901 Workforce: ~10,000 Company Working: United States Steel Corporation is engaged in producing integrated steel. Additionally, it also manufactures a wide range of value-added steel sheet and tubular products for the automotive, electronics, industrial machinery, construction, and oil & gas industries. The company operates through three business segments– North American flat-rolled (Flat-Rolled), U. S. Steel Europe (USSE) and tubular products (Tubular). It offers OCTG under its tubular products segment. Some of the key products offered by the company under the tubular products segment include casing & tubing pipes and steel products. Cygnus Gold Limited (Australia), Ontario Mining Corporation (China), U. S. Steel Europe (Germany), U. S. Steel Europe (France), and U. S. Steel Europe (Italy) are some of the key subsidiaries of the company. It has production facilities across the US and countries in Central Europe and sales offices in Dubai, the US, and Canada.

Company Headquarters: Delhi, India Founded: 1984 Workforce: ~1000 Company Working: Jindal Saw Ltd, a leading company of the Jindal Group, which is engaged in producing and exporting steel and pipes. It offers products such as clad pipes, arc pipes, spiral pipes, stainless steel pipes, and connector casings. The company operates through four business segments– saw pipe, ductile iron pipe, seamless pipes & tubes, and iron ore mines & pellet. It offers OCTG under the seamless pipes & tubes segment, which also includes line pipes, process pipes, and pipes & tubes that are used for general mechanical engineering and agricultural purposes. This segment covers a wide range of applications in oil & gas and petrochemical industries, exploration, heat exchangers, and general engineering. Some of the key products offered by the company include pipe coatings, bends, and connector castings. Jindal ITF Limited (India), Jindal Saw Holdings FZE (UAE), Greenray Holdings Limited (UK), Ralael Holdings Limited (US) are some of the company’s key subsidiaries. It has manufacturing facilities across India, the US, the UK, and the UAE

Haitian International is the world's largest plastic injection moulding machine (PIMM) manufacturer by unit output, a family-controlled Ningbo industrial champion that sold over 53,000 machines in FY2024 and generated RMB17.7bn of revenue in FY2025. It runs a two-brand architecture: Haitian for servo-hydraulic toggle (Mars) and two-platen (Jupiter) machines, and Zhafir for all-electric and hybrid-electric machines (Venus, Zeres, Jenius). Its moat is industrial scale and vertical integration. Combined with a cost position that Western and Japanese peers cannot match, this has delivered 31–33% gross margins through the cycle. A balance sheet holding roughly RMB12.4bn of net cash including wealth-management products (30 Jun 2026) funds 34–40% payouts. Strategy centres on the "Five-Five" internationalisation programme, which localises production in Serbia, India, Japan, Mexico and Southeast Asia to follow Chinese manufacturers going abroad and to insulate against tariffs. Overseas revenue reached 42.9% in FY2025 before slipping to 33.8% in 1H2026. --- ### Company's own description Per its 2025 Annual Report and interim filings, the Group is principally engaged in the manufacturing and distribution of plastic injection moulding machines. The listed company is an investment holding entity. The corporate governance report states the Company aims to be the leading pioneer of the PIMM industry, trusted by customers, and to lead the industry's development and set its benchmarks. Its corporate mission is summarised as "Communication, Innovation, Efficiency." Its product philosophy is "technology to the point": serve customised needs in each niche market while standardising component production. ### Independent characterisation Haitian is a high-volume, mid-market capital-equipment manufacturer. It wins on price-performance, delivery lead time and service density rather than on ultra-high-end precision. The business model has four features. 1. **Product-led capital goods sales.** PIMMs were 95.3% of FY2025 revenue (RMB16,897.3m). The rest (4.7%, RMB835.9m) is parts and service. 2. **Deep vertical integration with group affiliates.** Key components come from controlling-family affiliates rather than being consolidated: servo systems, linear guides, ball screws and hydraulics from Ningbo Haitian Driving System (HDS), automation cells from Haitian Smart Solutions, and machine tools from Haitian Precision. FY2025 purchases from HDS were RMB1,036.6m and from Haitian Smart Solutions RMB523.8m (AR2025). This creates cost control but also related-party exposure. 3. **Customer financing as a sales tool.** Credit terms run from 30 days to 36 months (1H26-IA). Most receivables are backed by distributor guarantees, PRC credit insurance or letters of credit. The Group guaranteed RMB299.4m of customers' bank facilities at 30 Jun 2026. 4. **Treasury-heavy balance sheet.** Wealth-management products (FVPL) of RMB10,186.3m at 30 Jun 2026 exceed operating cash and generate a material other-gains line. ### Revenue model mix | Revenue type | FY2025 (RMB m) | % of total | Nature | |---|---|---|---| | Machine (product) sales — PIMMs | 16,897.3 | 95.3% | One-off capital equipment | | Parts & service ("Others" in 1H26) | 835.9 | 4.7% | Recurring aftermarket | | Subscription / licensing | Not separately disclosed | — | Software (Go Factory 2.0) is bundled; some software sales are noted in third-party descriptions, but no separate figure is disclosed | ### Value-chain position Haitian sits in the mid-stream of plastics processing. Upstream inputs are castings, steel plate, hydraulics, servo drives, controllers and screws/barrels; part of the control-system stack is made in-house via Zhejiang Keqiang Intelligent Control System. Downstream customers are moulders and OEMs. It sells directly and through distributors and agents, and the Group cites an extensive China network plus exports to more than 130 countries (AR2025). Its five largest customers and five largest suppliers each accounted for less than 30% of sales and purchases in FY2025. ### End-markets and customer types End-markets cited in filings are: - Automotive, especially NEV components (driver of Jupiter two-platen demand) - 3C electronics (driver of Zhafir electric demand) - Home appliances - Daily consumer goods and packaging (Mars core market) - Building materials - Medical - Logistics (pallets and crates) Customer types range from SME moulders in China and emerging markets to Chinese multinationals building overseas plants. The 1H26 decline was attributed to a slowdown in these companies' overseas build-outs. Key-account OEMs and tier-suppliers make up the third group.

Company Headquarters: Switzerland Founded: 1860 Workforce: ~13000 Company Working: Bühler is engaged in design, manufacturer, and sale of die casting machines, grinding & dispensing machines, and other food processing & manufacturing machines and equipment. The company operates through four business segments, namely grains & food, consumer foods, and advanced materials. The grains & food segment offers solutions for grain logistics, cleaning and storage, malting and brewery, and rice. The consumer foods segment offers process and handling solutions for dry and liquid ingredients for a range of consumer products for baked goods, premixes, confectionery, and dairy. The advanced materials segment offers high-pressure die-casting machines and wet mixing, grinding, and dispersing technology solutions for various industries. The company offers its products for end-use applications including food and feed, vehicles, printing units, buildings, packaging, lenses, and batteries. Buhler (Changzhou) Machinery Co. Ltd, Buhler Equipment (Xian) Co. Ltd., Haas do Brasil Industria de Maquinas Ltda., and Buhler US Holding Inc. are some of the subsidiaries of the company.

LK Technology is a Hong Kong–listed, family-controlled maker of capital equipment. It is one of the world's largest manufacturers of die-casting machines and the pioneer of "ultra-large integrated die-casting" (giga-casting) for new-energy-vehicle (NEV) body structures. Through its Italian subsidiary IDRA and its Chinese plants, LK built the 6,000-tonne class presses that made single-piece rear underbodies commercially viable. It then took press tonnage to 16,000T, and in FY2026 it commercialised what it describes as the world's first 16,000T ultra-large intelligent die-casting unit. Around this die-casting core, LK runs a plastic injection-moulding machine business (32% of revenue), now growing on toy and consumer demand, and a small CNC machining-centre arm. Its strategic edge is technology leadership in large-tonnage casting and TPI semi-solid magnesium forming. Its weaknesses are heavy exposure to Chinese automotive capex cycles, compressing margins and rising leverage, which were laid bare by an 88% profit collapse in FY2026. --- ### Company's own description In its FY2025 and FY2026 annual reports, LK calls itself one of the world's largest die-casting machine manufacturers. Its business spans design, manufacture and sale of hot-chamber and cold-chamber die-casting machines, plastic injection-moulding machines and CNC machining centres. To serve overseas markets it has set up sales and service companies in the USA and India, and it runs a foundry in Fuxin (Liaoning) that produces cast iron and steel components [AR FY2025; AR FY2026]. Management's stated strategy has two pillars: technology leadership and global expansion, under a "technology-led, market-first" approach [FY2026 Results Press Release]. ### Independent characterisation LK is best understood as a cyclical capital-goods OEM whose earnings follow its customers' capital expenditure. Those customers are mainly Chinese and global automakers and their Tier-1 casting suppliers. Revenue is overwhelmingly product revenue: one-off sales of machines, die-casting cells and related automation. Moulds, spare parts, retrofit and upgrade services and software (the LK-NET cloud die-casting management system) make up a secondary and undisclosed share. No subscription or licensing revenue is separately reported. A product/service/subscription/licensing split is therefore not publicly disclosed. **Value-chain position.** LK sits upstream of foundries and die-casters. Its suppliers are steel, hydraulics, controls and electronics vendors. Its customers are: 1. Automakers that bring casting in-house. Tesla, through IDRA's Giga Press, is the best-known historical example. 2. Tier-1 die-casters that make large structural parts, battery trays and motor housings. 3. Diversified manufacturers in 3C electronics, home appliances, toys, packaging and general industry, served mainly through the injection-moulding and smaller die-casting lines. **Revenue model features that matter analytically:** **Lumpy, high-ticket orders:** The company has noted that its large-scale die-casting equipment can be worth several hundred million (HK$) per installation [AR FY2026 Chairman's Statement]. Order timing and customer acceptance therefore drive half-year volatility. **Working-capital intensity:** Long build and commissioning cycles mean large inventories and receivables. Operating cash flow swung from an outflow of HK$167 M in H1 FY2025 to an inflow of HK$101 M in H1 FY2026 [H1 FY2026 interim summary via Tiger]. **Mix sensitivity:** Ultra-large presses carry different margins from small hot-chamber or injection machines. Price competition in China compressed group gross margin from 27.4% to 24.5% in FY2026. ### End-markets served | End-market | Primary segment | Comment (source) | |---|---|---| | Automotive: NEV and ICE structural parts, powertrain, battery housings | Die-casting | Primary revenue source for die-casting [FY2026 PR] | | Toys | Injection moulding | 16.7% of group revenue in FY2026, now the second-largest application sector; growth above 55% for two consecutive years [FY2026 PR] | | 3C electronics / consumer products | Die-casting (magnesium, small tonnage), injection moulding | Targeted for magnesium TPI [HKBrand; FY2026 PR] | | Energy storage / photovoltaic | Die-casting | Stated new application area [HKBrand; FilingReader 1 Jul 2026] | | Robotics | Die-casting (magnesium) | Stated new application area. Magnesium alloys are positioned for lightweight robot structures [AR FY2025; FilingReader] | | Aerospace | Die-casting / special casting | Stated as a target scenario [HKBrand] | | General industry / machining | CNC machining centres | 2.6% of revenue in FY2026 |

Company Headquarters: Japan Founded: 1925 Workforce: ~750 Company Working: Toyo Machinery & Metal Co., Ltd. manufactures and sells plastic injection molding machines, peripheral automation equipment, die casting machines and related components. It operates through two business segments namely injection moulding machine and die-casting. It currently operates through its plants in Japan, which have manufacturing halls, office spaces, logistics centers, and research & development workshops. It offers its products for powder coating, petrochemicals, automotive, aerospace, and mining & construction applications. The company has a wide geographic presence in more than 40 countries including China, India, Vietnam, Thailand, Indonesia, and Malaysia.

Company Headquarters: Japan Founded: 1949 Workforce: ~1772 Company Working: Toshiba Machine Co., Ltd. is engaged in the manufacturing and sale of machine tools, plastic processing machines, and semiconductor manufacturing equipment. It operates through the following segments, namely molding machinery, machine tools, and others. The molding machinery segment manufactures injection molding machines, plastic extrusions, and die casting machines. The machine tools segment includes large machine tools, portal type machine tools, machining centers, horizontal boring machines, and high-precision machines. The others segment produces and supplies electronic control devices. The company is specialized in manufacturing plastic processing machinery, die-casting machines, machine tools, precision machinery, industrial robot, and electronic controls. The company has a wide global presence and direct operations in more than 13 countries around the globe. It primarily operates through its dealers, exporters, and distributors, along with 5 subsidiaries. Toshiba Machine South East Asia Pte. Ltd., Fuji Seiki Machine Works, Ltd., Toshiba Machine Co., America, and Toshiba Machinery (Shanghai) Co., Ltd. are some of the subsidiaries of the company.

Company Headquarters: Tokyo, Japan Founded: 2002 Workforce: ~61,234 Company Working: JFE Holdings, Inc is engaged in the business of manufacturing steel, engineering, and trading business products. The company manufactures and supplies steel products through JFE Steel Corporation, which is one of its subsidiaries. JFE Steel Corporation is one of the largest steel manufacturing company that is engaged in the manufacturing of steel products. It supplies products such as plates pipes and tubes, sheets, electrical steels, stainless and specialty steels, iron powders, and bars and wire rods. The company operates through three business segments, namely, JFE Steel Corporation, JFE Engineering Corporation, and JFE Shoji Trade Corporation. It offers OCTG under the JFE steel corporation segment. Furthermore, it also focuses on reducing its environmental impact by developing high-performance steel materials and iron manufacturing processes. JFE Steel Corporation has operations in several countries, including the US, Brazil, India, Singapore, Bangkok, China, Vietnam, and Australia. It has production facilities and sales offices across the US, the UK, Egypt, India, the UAE, China, South Korea, Indonesia, Australia, Taiwan, and the Philippines. The company’s research laboratories are in Sendai, Chiba, Keihin, Chita, Kurashiki, and Fukuyama

Company Headquarters: Tokyo, Japan Founded: 2002 Workforce: ~293,557 Company Working: Nippon Steel Corporation is one of the leading companies that designs, manufactures, and supplies products such as plates, bar & wire rods, construction products, pipes & tubes, titanium, and stainless steels. It operates through five business segments, namely, steelmaking and steel fabrication, engineering and construction, system solutions, chemicals, and new materials. The company supplies OCTG under the steelmaking and steel fabrication segment. Some of the other products included under this segment are line pipes and specialty tubes. The company serves several end-use industries including automobiles, resource & energy, construction & civil engineering, railways, shipbuilding, food, and industrial machinery. Nippon Steel Corporation has manufacturing facilities in several countries, including the US, Mexico, Brazil, Sweden, Japan, China, Thailand, Singapore, Malaysia, Indonesia, and India. It has sales offices across the globe, including the US, Brazil, Mexico, Germany, UAE, China, Singapore, Indonesia, Australia, and India. The company has three R&D centers in Japan. Osaka Steel Co., Ltd (Japan), Nippon Steel & Sumikin Stainless Steel Corporation (Japan), Standard Steel, LLC (US), and Ovako AB (Sweden) are some of its key subsidiaries.

Company Headquarters: California, US Founded: 1998 Workforce: ~50 Company Working: Viaspace is a clean energy company that provides products and technology for renewable and alternative energy that reduces or eliminates the client’s dependence on fossil and highly polluting energy sources. It develops and manufactures disposable methanol fuel cartridges that provide the energy sources for notebook computers, mobile phones, and military equipment, among other applications. Moreover, the company also provides products for industries, including renewable energy and chemical sensing. It is engaged in the production of Giant King Grass (GKG), an energy crop that generates renewable energy based on biomass. The company’s products can be used as pellets and bio-coal and biomethane for electricity and biorefinery. Guangzhou Inter Pacific Arts Corp (China), VIASPACE Green Energy Inc. (US), Bad Love Cosmetics Company, LLC (US), Inter Pacific Arts Corp (China), and Marco Polo World News Inc. (US) are some of its subsidiaries

Company Headquarters: Salzburg, Austria Founded: 1876 Workforce: ~30,000 Company Working: Benteler Group is one of the global leaders in manufacturing and delivering metal-based products, systems, and services. It provides various products such as chassis, automotive bodies, engines, exhaust systems, precision steel tubes, seamless and welded tubes, carbon-steel, and stainless-steel tubes that are used in the automotive and oil & gas industries. The company primarily operates through three divisions, namely, automotive, steel/tube, and distribution. OCTG are included under its steel/tube division, which caters to various end-use industries such as automotive, oil & gas, and energy. It has operations in 140 locations across 40 countries, with 81 plants and 60 subsidiaries and trading companies. Benteler Aluminium Systems France SNC (France), Benteler Automobiltechnik Eisenach GmbH (Germany), Benteler Automotive (Changshu) Company Limited (China), Benteler North America Corporation, Wilmington (US), Benteler Steel Tube GmbH (Germany), Benteler Steel/Tube Manufacturing Corporation (US), Benteler Steel/Tube (UK) Ltd, and Wolverhampton (UK) are some of its subsidiaries. It employs more than 1,200 employees in its research and development department in 32 locations across 18 countries. The company filed for 81 new patents in 2018.

Company Headquarters: Paris, France Founded: 1899 Workforce: ~19,000 Company Working: Vallourec is one of the leading suppliers of premium tubular solutions for end-use industries such as power, oil & gas, automobile, construction, and petrochemicals. It operates through three business segments, namely, oil & gas and petrochemicals, industry, and power generation. The company provides OCTG under the oil & gas and petrochemicals segment. Some of the other products offered by the company under this segment are drilling products, surf, offshore, and onshore line pipes, hydrocarbon processing tubes, and fittings. Furthermore, it manufactures a wide range of products for the oil & gas industry including seamless tubes, line pipes, and premium connections for drilling operations, which can withstand extreme operating conditions such as high temperature, high pressure, and corrosive environments. Vallourec has a presence in more than 20 countries, including the US, Germany, Brazil, China, Saudi Arabia, Mexico, Nigeria, and South Africa. It has six research & development centers across the US, Brazil, and France. Vallourec Changzhou Co., Ltd (China), Valinox Nucléaire (France), Vallourec Tube-Alloy, LLC (US), and Vallourec Umbilicals (France) are some of the company’s key subsidiaries.

Company Headquarters: Caesarea, Israel Founded: 2001 Workforce: ~200 Company Working: Mazor Robotics develops, manufactures, and markets robotic-based technology and products for supporting surgical procedures in the fields of orthopedics and neurosurgery. The company strives towards its mission to help heal patients by innovating spine and brain surgery with transformative guidance systems. It is elevating spine and brain surgery from typical freehand procedures to cutting-edge, effective, state-of-the-art procedures, which define the future of surgical technology.

Company Headquarters: India Founded: 1994 Workforce: The company has employed more than 13400 employees. Company Working: JSW is a leading steel producer in India with a strong presence in the domestic market. The company produces a wide range of steel products used in various industries, such as automotive, construction, and energy. JSW is committed to sustainable production and has set targets to reduce its carbon emissions and water usage. The company is also focused on developing new products and technologies to improve the efficiency of its production processes.