Magnum/SRI Next Generation Rubber Recycling Solutions
FORT LAUDERDALE, Fla., Aug. 3 /PRNewswire-FirstCall/ -- Magnum D'Or Resources, Inc. (OTC Bulletin Board: MDOR), a next generation rubber recycling solutions company, announces market update.
Magnum's Magog facility recently completed installing a fiber removal system capable of removing up to 97% of the contaminants from our rubber nugget products. Photos are at http://magnumresources.net/gallery/?level=album&id=2&plog_page=4. "We believe that by minor modifications Magnum will be able to remove roughly 99% in the near term," stated Larry Hogan, Magnum's Corporate Sr. Project Manager. Magnum has recently sent the recently modified rubber product samples to National Sales and Supply (Majestic Mulch) for approval: http://www.nsalessupply.com/.
During recent meetings, CEO of Magnum D'Or Resources, Joseph Glusic, and CEO of Sekhar Research Innovations Sdn Bhd (SRI), Gopi Sekhar, discussed several options for disbursing information regarding newly developed and recently performed material endurance and wear studies:
"Over the course of the last few months we have been working on developing a number of Magnum SRI custom compounds to be used in several challenging and commercially important applications. Our efforts have been targeted at applications ranging from general molded and extruded rubber goods through more demanding applications, such as premium retread and medium specification automotive components.
"We have also put a great deal of effort in producing a Magnum/SRI custom compound to be used as a substantive component in light truck tire manufacture. We believe that this is an incredible milestone, since we can now activate crumb rubber produced at Magog and then process it into a custom compound that can be used as a substantial substitution component in the manufacture of OEM light truck tires without compromise in properties. That it has never been accomplished at these levels before and some of the challenges in achieving it are substantial. We believe this validates our highest hopes and lofty goals.
"The test results at each level of our research and development thus far have been more than promising and it is our belief that no really significant innovation comes out of having reasonable goals and expectations.
