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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 in Kongsvinger.

Valunor AS is registered in Norway with company number  926418505, and is  a wholly owned subsidiary of Valunor AG, registered in Zug, Switzerland.

About Us: About

Our Team

Pan European Team

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


Charles Churet


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.


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, Reneawable Energy, Waste to Energy, and Business Development. CTO at Arbaflame (N).

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Hamideh Kaffash

Project Manager-R&D engineer

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.


Jonas Grov Andersen

Site supervisor - Process engineer

Bachelor’s degree in engineering, material science and technology from NTNU. He is specialized in material structure and properties, production, shaping and applications of materials, material testing and characterization through microscopy and NDT methods.

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Ralf Krueger


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).


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.


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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Ken Thomas Halvorsrud

Production Leader

Ken Thomas has over 25 years of experience in the plastic pipes and wood pellets industries as an operation and production leader.

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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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About Us: Team


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.

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Minolite Production Plant

Markensvegen 1 B, 2212 Kongsvinger, Norway

Valunor AS

Markensvegen 1 B, 2212 Kongsvinger, Norway

Valunor AG

C/O Fellmann & Partner AG

Grafenaustrasse 7, CH-6300 ZUG


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