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.
Transforming glass waste into sustainable construction materials.
The Company was established to develop an expanded glass granulate for the circular economy based on recycled glass, utilizing carbon neutral energy sources.
Our technology department and pilot production plant are located at Eggemoen Aviation and Technology park.
Valunor AS is registered in Norway with company number 926418505, and is a wholly owned subsidiary of Valunor AG, registered in Zug, Switzerland.
Pan European Team
Our team has deep knowledge in material science, construction business and international business development.
Over 32 years at Dow Chemical. In 2008 he acquired distresses assets, grew the business organically & trough 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.
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.
Over a decade of experience as an investor-operator in hands-on special situations. His background is in private equity (SYZ, Valtegra), corporate credit (Brigade Capital) and equity investing (JANA Partners, Merrill Lynch).
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.
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).
Finn Erik Solvang
R&D and Operations
Entrepreneur with 20 years experience in the foamed glass and geothermal industry, patent design, and business model innovation for recycled materials and renewable energy resources.
Site manager - Eggemoen
20 years experience from the glass work industry in various positions. 6 years experience from foam glass industry. Participated in 3 reserarch programs related to technology development for foamglass production.
Knut Berg Haugen
Pilot Plant operator - Eggemoen
5 years on foam glass research programs, prototype design and equipment testing, production of minimum viable products for customer testing and external validation. Assembly, setup and operation of 3 different technology platforms for making of foamglass products.
Minolite Materials AS
Eggemoen Aviation and Technology Park
Rotorveien 22, 3514 Hønefoss, Norway
Po. Box 2020, N-3103 Tønsberg, Norway
Po.Box 2020, N-3103 Tønsberg, Norway
C/O Fellmann & Partner AG
Grafenaustrasse 7, CH-6300 ZUG