Magnum/SRI Next Generation Rubber Recycling Solutions to Make History
FORT LAUDERDALE, Fla., Aug. 11 /PRNewswire-FirstCall/ -- Magnum D'Or Resources, Inc. (OTC Bulletin Board: MDOR), a next generation rubber recycling solutions company, announced the addition of Carl Sabilo, as corporate Facility Director of Magnum Recycling USA. Magnum also releases new video of specific rubber nuggets being produced to fulfill open orders. Company notes that the demand for all their products is backlogged.
Magnum is pleased with the recent accomplishments and events that have taken place during the second quarter of 2009. The company has significant news announcements that will be forthcoming and is very excited to be positioned to update the market with upcoming Magnum/SRI Next Generation Rubber Recycling Solutions. We anticipate having solutions to the ever increasing volume of the billions of tires being illegally dumped and abandoned worldwide.
Magnum's executive project Director, Larry Hogan recently hired Carl Sabilo to act in the capacity of Corporate Facility Director. He will serve under Mr. Hogan as a Division Supervisor, with his focus on US operations and start-up. Currently Mr. Sabilo is assisting the operations staff in Magog in fine tuning current equipment.
Carl is a seasoned veteran of over 25 years in civil engineering and heavy equipment material handling. His expertise will be utilized to ensure optimum performance of equipment and plant production during Magnum's accelerated expansion activities.
President and CEO, Joseph Glusic stated, "The addition of Mr. Sabilo to our company is further validation of Magnum's goal of becoming one of the foremost companies in our sector. Mr. Sabilo brings with him substantial experience across a wide range of industries to further our position in the world manufacturing arena. We welcome him to our family and have extremely high expectations of his abilities and performance."
MAGNUM/SRI UPDATE: Magnum/SRI is looking forward to updating the market with regard to its history-making Next Generation, Custom Rubber Compounds. The process takes scrap rubber tires from the growing tire mountains around the country and converts it into a viable performing raw material able to provide value addition to various applications.
The scrapped tires are first processed into fine rubber powder with fiber and metal separated out allowing for a very high level of purity. This powder is put through our activation process and then compounded before being treated with our proprietary high performance processing aids. The resultant material which has been compounded or formulated to be compatible with specific categories of our customer's virgin compounds can now be blended in their manufacturing process without appreciable loss of properties.
