Foresa France

Name

Foresa France

Legal name

FORESA, INDUSTRIAS DEL NOROESTE, S.A.

Website

https://foresa.com

Company type

Private

Founded year

1964

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Industrial Chemicals (Formaldehyde, Resins, and Adhesives)

NAICS

Other Basic Organic Chemical Manufacturing (32519)

SIC

Industrial Organic Chemicals (2860)

akta.pro primary industry

C1 & Synthesis Gas Derivatives (Methanol, Formaldehyde, Acetic Acid) (IMAEADAC)

Keywords

• Formaldehyde manufacturing
• Industrial adhesives
• Chemical resins
• Wood panel adhesives
• Sustainable chemistry

Headquarters

HQ city

Pontevedra

HQ country

Spain

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Chemical Products Sales: Revenue generated from manufacturing and selling formaldehyde, adhesives, and resin products to industrial customers across wood, packaging, automotive, coatings, and construction sectors.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels1 record

Core offering

Foresa is a chemical manufacturer founded in 1964 that primarily produces formaldehyde, along with derived resins and adhesives, for industrial B2B customers. The company's products are applied across multiple industrial sectors including wood/board manufacturing, paper impregnation, insulation, foundry, packaging, abrasives, automotive, cork, coatings, composites, and biofuels. In addition to chemical products, Foresa offers toll manufacturing (maquila) services and tank rental through its storage terminals.

Product overview

Foresa is a chemical manufacturing company founded in 1964, primarily specializing in formaldehyde and adhesives production. The company operates production facilities across Spain, Portugal, and France, serving as a strategic collaborator in the chemical industry. Their product portfolio centers on formaldehyde-based chemistry, which serves as the foundation for their adhesive and resin product lines. These core products are then applied across diverse industrial sectors including wood/board manufacturing, paper impregnation, insulation, foundry, packaging, abrasives, automotive, cork, coatings, composites, and biofuels. In addition to chemical products, Foresa offers technology services including tank storage rental and toll manufacturing (maquila) services.

Differentiator

Problem solved

Functional benefit

Brands

• Foresa France: French subsidiary and commercial office of Foresa, located in Carbon-Blanc near Bordeaux, France
• Bresfor
• Foresa Biowax
• Foresa Pinature
• Fordevasa

Products and services

• Formaldehyde (Formol) Primary chemical product manufactured by Foresa, used as a key input for adhesives and resins production. Sold to industrial B2B customers across multiple sectors.
• Adhesives (Adhesivos) Adhesive products for wood, packaging, and industrial applications, leveraging formaldehyde chemistry. Sold to industrial manufacturers.
• Resins (Resinas) Chemical resins for various industrial applications including wood panels, foundry, and composite materials. Sold to industrial manufacturers and downstream resin producers.
• Isocyanates (Isocianatos) Isocyanate products for various industrial applications, supplied to industrial B2B customers.
• Technology Services (Toll Manufacturing / Maquila) Technology services including tank rental and toll manufacturing (maquila) services for chemical products. Provided to industrial customers requiring third-party chemical manufacturing or storage.
• Tank Rental Services (Alquiler de Tanques) Storage terminal and tank rental services for chemical products, operated from Foresa's terminal at Villagarcía de Arosa, Spain. Provided to industrial chemical customers.

Segments12 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Five partnerships are on record, tiered minor.

• Instituto Enerxético de GaliciaminorOthersCollaboration on energy efficiency projects in Galicia, with Foresa participating in multiple annual projects from 2020-2026
• CDTIminorOthersSpanish public innovation agency supporting R&D projects and innovation initiatives
• European Union (FEDER, Horizon 2020, Bio Based Industries)minorOthersEU funding programs supporting sustainable development, research, and bio-based industry initiatives
• Xunta de GaliciaminorOthersGalician regional government supporting regional industry development
• MITECO-IDAEminorOthersSpanish Ministry for the Ecological Transition supporting energy efficiency initiatives

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Hexion: Global formaldehyde and adhesive resins manufacturer serving forest products, foundry, and industrial markets. Operates multiple European plants and competes directly in the same downstream verticals as Foresa.
• Bakelite Synthetics: One of the world's largest producers of formaldehyde, phenolic and urea-formaldehyde resins serving wood panels, foundry, and composites — directly comparable product portfolio and end-market mix to Foresa.
• Perstorp: Swedish specialty chemicals producer of formaldehyde derivatives, polyols, and resins for coatings, composites, and engineered wood — competes in the same upstream chemistry and downstream wood/composite applications.
• Allnex (formerly Cytec Industries' Coating Resins): Major European resin manufacturer serving coatings, composites, and industrial adhesives — overlaps with Foresa's resin and coatings segments and shares the same sustainable chemistry / EU regulatory backdrop.
• Synthomer: UK-listed specialty chemicals group that acquired Dynea, the former European market leader in formaldehyde and wood adhesive resins. Competes head-to-head with Foresa in wood-panel resins and formaldehyde across Europe.

Regional players

• Kolon Industries: Korean chemical manufacturer producing formaldehyde, phenolic resins, and specialty resins for wood panels and composites — operates primarily in Asia but uses the same C1 chemistry as Foresa, making it a useful technology and scale benchmark.

Broad incumbents

• INEOS Composites: Part of INEOS, manufacturing unsaturated polyester and formaldehyde-based resins for composites, automotive, and construction — broader chemical portfolio but overlapping product lines in composites and foundry.
• BASF: Global chemical major with formaldehyde, glues, and impregnating resins within its Performance Chemicals segment — broader incumbent that touches Foresa's same end-markets but at vastly larger scale.
• Georgia-Pacific Chemicals: Division of Koch Industries' Georgia-Pacific, one of the largest integrated formaldehyde and resin producers in the world — broader scale and portfolio than Foresa but directly comparable products and end-customer segments.

Emerging players

• Prefere Resins (formerly INEOS Melamines): European-based producer of formaldehyde-based and bio-based resins for wood panels, laminates, and paper impregnation — a more focused, bio-pivoting competitor that overlaps directly with Foresa's primary wood/boards and paper impregnation segments.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/foresa-france

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Foresa France