Next generation rubber recycling solutions company, Magnum D’Or Resources, Inc., takes the opportunity today to release market updates. MDOR and Magnum SRI ‘Next generation’ Custom Compounds have recently received front-page coverage from Malaysia’s best selling and highly regarded publication on business and investment, ‘The Edge.’ The publication caters to clients with interest in the Malaysian financial market.
‘The Edge’ is one of the first widely circulated professional information organizations to recognize the company’s’ technological advancements. The publication highlighted the developments of Magnum/SRI and how it will advance the future for OEM Virgin Tire and Retread tire manufactures. The publication also reported that Magnum/SRI Custom compounds will provide the manufacture with substantial cost savings on their raw material purchases, as well as create “Green” products in a sorely needed industry.
Additionally, Magnum Recycling USA has now completed several infrastructure upgrades in preparation for the start-up of the multiple stage shredding system. The upgrades include installation of new electrical capacity, a water mist delivery system and grading of new storage and staging pits. The company recently completed start-up testing and initial capacity tests of the new shredding system. Currently, all necessary steps have been completed for commercial operation pending final permitting and inspection required by the Colorado regulatory authorities.
Bryan Brammer, Chief Operating Officer of Magnum USA said, “We are at a very exciting point in time at this site; with the permits being issued in the next couple of weeks we will be into full production very quickly.”