Euskatfund

What Euskatfund does

Euskatfund SL is a privately held Spanish manufacturer and distributor of foundry materials and machinery, headquartered in Legutiano, Álava (Basque Country). The company manufactures self-curing NO-BAKE resins (Furanic, Alkaline Phenolic, Phenolic Urethane), COLD BOX resins for core making, EURCAST EXO exothermic-insulating sleeves and mini-risers, CERAMSAND ceramic foundry sand made from calcined bauxite, and SphereOx synthetic iron oxide additive. It is positioned as the only national manufacturer of NO-BAKE moulding resin in Spain. Euskatfund complements its manufactured portfolio by representing and distributing complementary products and machinery from European partners, including Omega Foundry Machinery (continuous sand mixers, thermal and mechanical sand reclamation, carousel and fast loop systems), Primafond (cold box and shell core shooters, sand preparation, amine neutralizers), Belloi & Romagnoli (green moulding), FCRI Mazzon (ceramic filters), SEEIF Ceramic (ceramic gating), Silices Gilarranz (silica sand), Rand York Minerals (chromite sand), Mazzon/HA Group (foundry chemicals), and Capital Refractories (refractories for Spain and North Africa). The company's primary customers are Spanish foundries producing iron, steel, and alloy castings, with named enterprise relationships including Fundiciones PALACIO, DRAXTON, CASTINOX, FUMBARRI, and Talleres ALJU, several of which participate in co-funded R&D consortia with AZTERLAN.

The business model combines direct B2B sales of proprietary consumables with distribution of imported capital equipment under exclusive Spanish market representative agreements. Revenue is generated through hardware sales of resins, ceramic sand, sleeves/risers, and machinery, plus distribution margins on partner products. Pricing is quote-based and not publicly disclosed. The company sells primarily through direct relationships with technical support and custom product design, supplemented by content marketing via its website blog and LinkedIn presence. Distribution to North Africa is conducted indirectly via the 2021 Capital Refractories channel agreement. Operations span over 7,000 m² of facilities including a 2,100 m² manufacturing pavilion added in 2023, with quality and environmental management certified under ISO 9001:2015 and ISO 14001:2015, and the EUSKATFUND brand protected by an EUIPO trademark registered in 2018.

The company's competitive positioning rests on a hybrid model that few Spanish competitors replicate: domestic resin manufacturing paired with stacked exclusive European machinery representations and active participation in Basque government and ERDF co-financed R&D programs (RESAND, HAZITEK, ARESINT, INORGANI, SIFON). With 11-50 employees and no disclosed funding events, ownership changes, or revenue figures, Euskatfund operates as a stable, founder-aligned industrial supplier executing measured capacity and product line expansion.

Name

Euskatfund

Legal name

EUSKATFUND SL

Website

https://euskatfund.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Euskatfund is a Spanish manufacturer and distributor of foundry materials and machinery, producing NO-BAKE resins, ceramic sand, sleeves, and risers while representing European machinery brands for foundries in Spain and North Africa.

Ownership category

akta.pro rank

Product category

Foundry Materials and Machinery

NAICS

Custom Compounding of Purchased Resins (325991), Resin and Synthetic Rubber Manufacturing (32521), Clay Product and Refractory Manufacturing (3271)

SIC

Metalworkg Machinery & Equipment (3540)

akta.pro primary industry

Commodity Thermoplastics Resin Manufacturing (PE, PP, PVC, PS) (IMANAAAA)

akta.pro secondary industry

Surface Preparation Equipment (Shot Blasting, Scarifiers, Grinders) (IMAHALAL)

Keywords

• Foundry resins
• Core making equipment
• Sand reclamation systems
• Ceramic foundry sand
• Exothermic sleeves risers

Headquarters

HQ city

Álava

HQ country

Spain

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Resin Manufacturing and Sales: Manufacture and sale of self-curing resins (Furanic, Alkaline Phenolic, Phenolic Urethane) and core-making resins to foundries. Core product line with established market presence.
2. Machinery Distribution: Representation and distribution of foundry machinery from European manufacturers including Omega, Primafond, and Belloi & Romagnoli. Includes core shooters, sand mixers, sand reclamation systems, and moulding equipment.
3. Auxiliary Products Distribution: Distribution of auxiliary foundry products including silica sands, ceramic filters, ceramic gating systems, refractory products, chromite sand, and steel shots from partner manufacturers.
4. Sleeves and Risers Manufacturing: Manufacture of high-performance sleeves and mini-risers (manguitos y mazarotas) including EURCAST EXO product line. Expanded production with new 2,100 m2 facility.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Euskatfund manufactures self-curing NO-BAKE resins (Furanic, Alkaline Phenolic, Phenolic Urethane) and COLD BOX resins for foundry moulding and core making, alongside proprietary EURCAST EXO sleeves and mini-risers, CERAMSAND ceramic sand, and SphereOx iron oxide additive. The company also represents and distributes foundry machinery and auxiliary products (sand mixers, reclamation systems, core shooters, filters, refractory materials) from European manufacturers including Omega Foundry Machinery, Primafond, and Belloi & Romagnoli, supplying integrated solutions to iron, steel, and alloy foundries.

Product overview

Euskatfund is a Spanish foundry materials and machinery supplier operating as a manufacturer and distributor. The core product portfolio consists of NO-BAKE resins (Furanic, Alkaline Phenolic, Phenolic Urethane) and COLD BOX resins for core making, along with manufactured products including EURCAST EXO sleeves and mini-risers, and CERAMSAND ceramic sand. The company distributes a complementary range of foundry products including silica sand, ceramic filters, ceramic conduits, and SphereOx iron oxide additive. Machinery offerings are distributed through partnerships with Omega Foundry Machinery (chemical moulding, sand reclamation, handling systems), Primafond (core shooter machines, sand preparation, amine neutralizers), and Belloi & Romagnoli (green moulding), covering the full spectrum of foundry production needs from moulding and core making to sand recovery and material handling.

Differentiator

Problem solved

Functional benefit

Products and services

• NO-BAKE Resins (Furanic, Alkaline Phenolic, Phenolic Urethane) Self-curing resin systems for foundry moulding, including Furanic, Alkaline Phenolic, and Phenolic Urethane variants for iron, steel, and alloy casting applications; Euskatfund is the only national manufacturer of NO-BAKE moulding resin in Spain.
• COLD BOX Resins Resins for core-making processes cured with amine (Phenolic Urethane) or methyl formate (Alkaline Phenolic), used in Cold Box core shooter machines for foundry applications.
• EURCAST EXO Sleeves (Manguitos) High-performance exothermic-insulating sleeves for foundry feeding systems, including hygroscopic varieties that do not absorb moisture, manufactured for iron, steel, and alloy castings.
• EURCAST EXO Mini-Risers (Mini Mazarotas) Low-density, high-performance mini-risers with exothermic-insulating formulation for iron, steel, and alloy castings, providing sound castings without porosity.
• CERAMSAND Ceramic Sand Fused ceramic sand made from calcined bauxite with spherical shape, high refractoriness (>1800°C), excellent crush resistance, and inert chemical characteristics; reduces binder consumption by 30-50%.
• Silica Sands (Arenas Sílice) Silica sand products for foundry moulding applications, supplied through partner Silices Gilarranz with washing, sorting, drying, and micronization capabilities.
• Ceramic Filters (Filtros Cerámicos) Ceramic foam filters for metal filtration during casting, supplied through partner FCRI Mazzon, designed to remove inclusions and improve casting quality.
• Ceramic Conduits (Conductos Cerámicos) Ceramic gating systems and hollow ceramics with high resistance to molten metal penetration for foundry system assemblies, supplied through partner SEEIF Ceramic.
• SphereOx Synthetic Iron Oxide Synthetic iron oxide additive with spherical particles that prevents veining, burns, penetrations and pinholes in castings; reduces resin requirements by 10-20% and acts as a gas scrubber.
• Omega Continuous Sand Mixers Spartan III and IV series high-speed continuous mixers for NO-BAKE moulding, with capacities from 3 to 100 tonnes per hour, in mobile, pivoting, and articulated configurations.
• Omega Thermal Sand Reclamation Systems Thermal sand reclamation equipment with patented 'Dead Bed' insulation, capacities from 250 kg/hour to 12 tonnes/hour, with 3-year warranty on burners and lining.
• Omega Mechanical Sand Reclamation Systems Mechanical sand recovery equipment including GAMMA VATOR, GAMMA LOW LEVEL, GAMMA HL HIGH LEVEL, and GAMMA MAJOR/MAGOR PLUS combination systems with capacities from 1 to 45 tonnes per hour.
• USR Secondary Attrition Reclaimer Mechanical sand reclamation unit with high-speed attrition chambers for removing binder from inorganic and semi-organic bound sand without damaging grain size; achieves up to 90% sand recovery.
• Primafond Cold Box Core Shooter Machines Core shooter machines for Cold Box processes with hydraulic/pneumatic operation, shooting capacities from 2.5 to 150 liters, integrated PLC control, and optional gassing units.
• Primafond Shell Moulding Core Shooters Shell moulding core shooter machines with capacities from 5 to 100 liters, featuring gas or electric heating, independent box temperature control, and automatic or semi-automatic operation modes.
• Primafond Amine Neutralizers (Scrubbers) Equipment that captures and neutralizes amine in gaseous state using water and sulfuric acid or orthophosphoric acid washing system to precipitate amine as neutral salt for environmental compliance.
• Belloi & Romagnoli Green Moulding Equipment Green moulding machinery from Belloi & Romagnoli for traditional sand casting processes, distributed by Euskatfund in Spain.

Quantifiable outcome

• Sand binder consumption reduction of 30-50% using CERAMSAND ceramic sand
• +3 more outcomes

Named customers5 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• Capital RefractoriescoreChannel Partner/ Reseller/ Distributor · 20 April 2021Distribution agreement for Spanish and North African markets. Capital Refractories specializes in refractories for steel, foundries, and cement industries, with over 50 years of experience and factories in UK, Czech Republic, USA, and China.
• FCRI MazzoncoreTechnology or IntegrationManufacturer of ceramic foam filters characterized by constant innovation in materials, R&D focus, and interest in environmental protection.
• OMEGA Foundry Machinery Ltd.coreChannel Partner/ Reseller/ DistributorUK-based manufacturer of chemical moulding machinery including continuous sand mixers, sand reclamation systems, and foundry carousel machines. Euskatfund is the representative for the Spanish market.
• PRIMAFONDcoreChannel Partner/ Reseller/ DistributorItalian manufacturer of core shooter machines for cold box and shell moulding processes, with over 30 years of market experience. Euskatfund is the representative for the Spanish market.
• Rand York MineralsminorChannel Partner/ Reseller/ DistributorSupplier of chromite foundry sand, founded in 1992, with latest technology for producing and processing quality foundry chromite sand under ISO9000/2 standards.
• Silices GilarranzminorChannel Partner/ Reseller/ DistributorFamily business with over 40 years dedicated to silica quarry exploitation, with washing, sorting, drying facilities, and micronization plants.
• SEEIF CeramicminorChannel Partner/ Reseller/ DistributorCzech manufacturer of ceramic gating systems (hollow ceramics), refractory shapes, insulating materials, and closure systems for foundry ladles.
• MazzonminorChannel Partner/ Reseller/ DistributorItalian manufacturer of chemical products for foundry since 1962, now part of HA Group, a world leader in foundry chemical production.
• Belloi & RomagnoliminorChannel Partner/ Reseller/ DistributorItalian manufacturer of green moulding machinery, founded in 1950, adapting to new needs with professional quality and constant improvement.
• ZIBO TAA METALminorChannel Partner/ Reseller/ DistributorChinese manufacturer of shot blasting abrasives since 1997, National High-Tech Enterprise with the only metal abrasive engineering research center in China.
• AZTERLAN (Basque Research & Technology Alliance)coreStrategic or Co-development PartnerTechnological research center promoting the RESAND project for development of alternative moulding materials to foundry silica sand with low environmental and health impact.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Imerys: French global specialty minerals leader whose Performance Minerals and Refractory segments serve foundries with ceramic sands, chromite, and refractory products. Competes with Euskatfund's CERAMSAND ceramic sand and auxiliary mineral distribution portfolio as part of a much broader minerals platform.
• RHI Magnesita: Global leader in refractory products for foundries, steel, cement, and glass industries. Competes with Euskatfund in the refractory side of its distribution business (Capital Refractories, SEEIF Ceramic) through a much larger global platform.
• Allied Mineral Products: US-based refractory and ceramic products manufacturer serving foundries and steel producers. Competes in similar refractory and feeder product categories as part of a broader industrial minerals portfolio.
• Quarzwerke: German specialty minerals producer of high-purity silica sands and mineral fillers for foundries, glass, and industrial applications. Competes with Euskatfund's silica sand distribution line (Silices Gilarranz) at the upstream minerals level.
• Saint-Gobain: French diversified materials group with refractory, ceramic, and silica-based product lines serving foundries. Operates as a broad incumbent offering competing versions of filters, refractories, and ceramic gating systems that overlap with Euskatfund's distribution portfolio.

Direct peers

• ASK Chemicals: One of the largest global manufacturers of foundry chemicals and resin systems (NO-BAKE, cold-box, furanic, phenolic urethane), headquartered in Germany. Direct competitor to Euskatfund's resin manufacturing core, especially in European markets.
• Sintokogio (Sinto): Japanese manufacturer of foundry moulding lines, core-making equipment, and sand reclamation systems (including USR-type attrition). Euskatfund distributes Sinto's USR technology but Sinto also competes with the Omega/Primafond equipment lines it sells.
• Foseco (Vesuvius plc): Global leader in foundry consumables (resins, filters, feeding systems, metallurgical products) and part of Vesuvius plc. Directly competes with Euskatfund across resin systems, ceramic filters, sleeves/risers, and coated sand products.
• Laempe + Mössner: German manufacturer of core shooter machines and core-making equipment, including cold-box and shell processes. Competes with Primafond, the Italian core-shooter brand Euskatfund distributes in Spain.
• Hüttenes-Albertus (HA International / HA Group): German-based global leader in foundry chemicals; the parent group that absorbed Mazzon (an existing Euskatfund partner). Direct competitor in resin systems, coatings, and foundry auxiliaries.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/euskatfund

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

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 Euskatfund