Magnum Announces New Canadian Client
MAGOG, Quebec, July 9 /PRNewswire-FirstCall/ -- Magnum D'Or Resources, Inc. (OTC Bulletin Board: MDOR), a next generation rubber recycling Solutions Company, announces a new client in (Sherbrooke) Quebec, 'Le Dynastie' condo development. Magnum just recently sold some of its custom 'Close Loop' green products made from recycled rubber tires at its Magog Plant. To view photos visit: http://magnumresources.net/view-investors.php?id=230
Magnum recently surpassed one of its highest yielding production days at the Magog Facility. This occurred after the latest production line was installed for production of pure rubber nuggets and crumb rubber. The facility produced roughly 26,000 lbs of just pure rubber nuggets during a single shift. This does not include all the additional tonnage of crumb rubber produced during the 'Close Loop' Rubber recycling operation.
According to Magnum's Sr. Project Coordinator Larry Hogan, 'Magog is now fine tuning its operations for normal rubber production as well as the metal magnetic conveyors in order to produce a more defined amount of high quality steel from the recycling of used tires and rubber products. We are also 'tweaking and modifying' the fiber removal system in order to produce higher quality, higher yielding product for our customers. We also expect to receive more equipment this week and next week at the Magog plant in order to remove all the fiber from the production line of rubber nuggets, crumb, and powders. This will also allow the company to generate another type of revenue stream from the selling of recycled fiber to new and potential clients.'
About: Magnum's 98,000+ sq ft facility is located in Magog (Quebec). Magnum currently holds over $130 Million USD in open contracts for the production of rubber nuggets and rubber buffing. Magnum's proprietary 'GREEN' technology provides a one of a kind solution to all of the challenges in eliminating Stockpiles of Scrap Tires and Rubber Scrap.
Magnum/SRI are currently using their advanced technologies to produce next generation rubber recycling solutions for custom compounds, retread compounds, processing aids, advanced state-of-the-art equipment, and reactivated ambient/cryogenic rubber powders for the global market. Magnum/SRI tests are targeting premium applications that contain high grade properties.
