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MINOLITE

Transforming glass waste into sustainable construction materials.


Minolite products result from multiple years of R&D to “upcycle” low-quality glass waste streams with a novel, unique & environmentally friendly technology.

Valunor was created in 2020, spinning off the core sphere technology, to further improve the process to industrial scale and create a sustainable business in Construction lightweight aggregate.

Key milestones:

2020

  • Pilot leverage and starting test on concrete and mortar applications

  • Several patents based on the invention filled at the global level

2021/ 2022

  • Qualifications of several raw materials and product qualifications under EN13055

  • Selected as one of the best Contech startups by Cemex VC

  • Development of the Generation 2 equipment for the expansion kiln

  • Patent granted in Norway

2023

  • Relocation from Honeføss to a larger site in Kongsvinger allowing further expansion

  • Retrofit and capacity increase of our Production Pilot

  • Patent granted in Europe (38 countries) and India

2024

  • Patent granted in USA and Australia

  • More than 40 positive end product tests inside wide application in Mortars and Concrete

  • Construction of a high-capacity production unit

About Us: About

Our Team

Pan European Team

Our team has deep knowledge in material science, construction business, and international business development.

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Charles Churet

President

Over 32 years at Dow Chemical. In 2008 he acquired distressed assets, and grew the business organically & and through multiple acquisitions creating Axson. In 2015 the BU were sold to Sika, PPG and Maeder. He now manages Oyat Invest AG, his family office. In November 2019 he led the re-incorporation of Minolite under Valunor AG and chairs the board of Directors.

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Marc Cheloudko

CEO - Business Development

Over 25 years of experience as senior executive  (GM, VP, Sales & Marketing)  in the mineral industry (Carmeuse) the coatings industry (PPG ,Valspar) , specialty chemicals (Solutia) and consulting.

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Rune Brusletto

TIO - Technology Implementation

Experienced CTO with a demonstrated history of working in the environmental services industry. Strong information technology professional skilled in Energy, Sustainability, Renewable Energy, Waste to Energy, and Business Development. CTO at Arbaflame (N).

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Hamideh Kaffash

Technology and Operation Manager

PhD in Materials Science and Engineering from the Norwegian University of Science and Technology (NTNU). She has 8 years of experience in research and development in different industries.

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Ralf Krueger

CFO

Over 20 years of experience as CFO, international business finance manager and analyst. His background is in start up corrosion protection (Thermission AG) and chemical multinational companies, polyethylene, polypropylene, polystyrene, thermoplastics and coatings (Dow Chemical).

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Norman Blank

Advisory Board

PhD in chemistry , over 30 years as senior executive responsible for R & D in the chemical industry, mainly sealant & adhesives for industry and OEM, construction chemical and roofing membranes for WR Grace, Henkel and Sika.

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Sergio Capelli

Advisory Board

Over 30 years experience as Senior Global  executive leader in different functions (R&D, Commercial Operation) for Paint and Adhesives & Sealants Industry (PPG) , Base and Specialty Chemicals (DOW)  & Steel Industry (Tenaris).

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Hege Liavaag

Financial Accountant 

Hege has more than 25 years of experience in a wide spectrum of major and smaller companies, Hege is in charge of all our accounting, auditing, invoicing, salary payment, and services under the supervision of CFO.

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Bo Åke Johansson

Operator

With an extensive background spanning over 35 years, Åke enriches our team with a wealth of experience across various domains, including CNC, heat treatment, and installation.

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Robert Tollefsen

Operator

Robert has an extensive hands on experience in production in different industries

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Vladimir Sovic

Process Engineer

Vladimir has a master's degree in polymer engineering and he has multiple years of experience in different industries as a process engineer.

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History

The Company was established 2016 to perform a research programme for the development of an expanded glass granulate and to develop the nescessary production equipment. The program was supported by the Research Council of Norway as part of the SkatteFunn R&D tax scheme.

In 2018 the Company started to design and build a new kiln able to produce expanded granulates under close to zero gravity conditions by utilizing energy from renewable hydropower.

In 2020 a patent application based on the invention was filed.

Contact Us

Minolite Production Plant

Norvald Strandsveg 59, 2212 Kongsvinger, Norway

Valunor AS

Markensvegen 1 B, 2212 Kongsvinger, Norway

Valunor AG

C/O Fellmann & Partner AG

Grafenaustrasse 7, CH-6300 ZUG

Switzerland

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