This sub-type of the industry comprises companies that produce raw materials like iron ore for the iron and steel industry, chemicals for the pharmaceutical and other industries, and cement for construction.
They are closely related to the manufacturing sector. More often than not, this industry looks for people with civil engineering experience.
The companies undertaking the manufacture and drilling of natural resources could be public or private, and their policies and day-to-day functioning differ accordingly. Also, it is one of the fastest-growing sectors in the country.
The 5 Types of Raw Materials & Natural Resources Companies
1. Agribusiness Companies like Bayer, Dairy Farmers of America, and CaterPillar
This chiefly comprises farming and crop cultivation, dairy and animal husbandry, and fishing. Food grains, fruits, and vegetables have to be grown as staples in the diet of us humans. The dairy and animal husbandry sector keeps cattle and uses them for meat and other purposes like obtaining wool, etc. It also includes the fishing industry.
2. Chemical Companies like Henkel, Dow AgroSciences, and Pfizer
An example can be Dow AgroSciences, which targets its offerings at manufacturers of products using specialty chemicals, advanced materials, and plastics. These include firms in the food, transportation, medicine, personal care, and construction sectors.
3. Forestry & Timber Companies like Georgia-Pacific, West Fraser, and Weyerhaeuser
An example can be Georgia-Pacific, they are one of the world’s leading makers of tissue, pulp, packaging, and building products. You may recognize our household brands, such as Brawny® paper towels, Quilted Northern® bath tissue, and Dixie® cups and tableware.
4. Material Companies like Airbus, Borosil Renewables, and Arkema
The materials sector includes companies engaged in the discovery, development, and processing of raw materials, which are used across a broad range of sectors and industries. Materials stocks include manufacturers of products as varied as plastic, fertilizer, paper, concrete, and metals.
An example can be Borosil Renewables Limited, which manufactures glass products. The Company offers industrial, pharmaceutical, and volumetric glassware products. Borosil Renewables offers bottles, burette, pipettes, flasks, condensers, ground joints, extractors, and other related products.
5. Mining Companies like BHP, ArcelorMittal, and Vale
The mining industry consists of the search for, extraction, beneficiation, and processing of naturally occurring solid minerals from the earth. These mined minerals include coal, metals such as iron, copper, or zinc, and industrial minerals such as potash, limestone, and other crushed rocks.