Finnish sand recycling technology company Resand Ltd has increased its equipment financing facility with Norion Bank to €25 million, up from the €14.5 million agreement signed in November 2025.
The added financing will support new customer agreements, investment in sand reclamation machinery, and broader operational scaling as the company responds to rising demand from foundries seeking more efficient and lower-emission material supply. Resand, based in Nuutajärvi, Finland, develops technology that recycles foundry sand at near-100% efficiency through its Sand as a Service model.
The expanded facility follows what the company described as a strong start to 2026, including new agreements with AGVS Aluminium Werke GmbH in Germany and Termit in Slovenia. Resand said the funding will also help advance its international expansion into new markets.
The added financing will support new customer agreements, investment in sand reclamation machinery, and broader operational scaling as the company responds to rising demand from foundries seeking more efficient and lower-emission material supply. Resand, based in Nuutajärvi, Finland, develops technology that recycles foundry sand at near-100% efficiency through its Sand as a Service model.
The expanded facility follows what the company described as a strong start to 2026, including new agreements with AGVS Aluminium Werke GmbH in Germany and Termit in Slovenia. Resand said the funding will also help advance its international expansion into new markets.