FORT LAUDERDALE, Fla., Nov. 20 /PRNewswire-FirstCall/ -- Magnum D'Or
Resources, Inc. (OTC Bulletin Board: MDOR) is pleased to announce that it has
completed its first test trial runs to produce crumb rubber and rubber powders
at Minus 20 mesh and 10 to 20 mesh. This will allow us to transfer these new
products to our partner, Sekhar Research Innovations (SRI), for continued
formulation testing of various applications and custom compounding for our
preferred clients.
President of SRI, Gopinath Sekhar commented, 'This is an exciting time for
us at SRI, the strategic partnership we have formed with Magnum has continued
to grow stronger and stronger. With the commissioning of their powder
production operations commencing in Magog, this starts the next important
chapter in our joint activities. We are eagerly awaiting the arrival of
various powder samples from Magog to carry out in-depth evaluation. This will
allow us to proceed expeditiously towards final custom compound production.
The aggressive schedule in getting equipment installed and commissioned at
Magnum's Magog facility is truly gratifying and reinforces our belief that we
have the right partners who share our work ethic and aspirations for
performance.'
President of Magnum, Joseph Glusic stated, 'I am truly elated at the
progress we have made in Magog in such a short time. This is truly a
testament to our management and staff, as well as, the support we have had
from our consultants and contractors. Everyone is ecstatic to see production
commence in Magog, first with Buffings, now soon crumb rubber, and powders.
Everything is truly beginning to come together and fall into place in Magog.'
Magnum has recently established two new partners for securing additional
supplies of tires and larger OTR tires. This is great news for our company
since OTR tires have such a high yield of reclaimable solid rubber.