FORT LAUDERDALE, Fla., Sept. 19 /PRNewswire-FirstCall/ -- Magnum D'Or Resources, Inc. (BULLETIN BOARD: MDOR) , a next generation rubber recycling solutions company, releases positive tests results on the World's First Light Truck Tire made from Magnum SRI Next Generation Revolutionary Custom Compound. This has been a truly historic month for the Magnum SRI Operations. We have for some time now been carrying out trials in laboratory scale, converting our activated compound into a "custom compound" tailored for blending with various high end applications. We have now successfully produced the custom compound in full commercial production scale (shown on video #1) using a Banbury mixer at the World Renowned "Malaysia Rubber Research Institute facility in Sungai Buloh http://www.lgm.gov.my/." This effectively replicates the production parameters and process flow intended in Magnums Magog facility and subsequently the Colorado facility.
The Magnum/SRI custom compound was shipped out to a manufacturer's tire production unit where it was blended (shown on video #2) with their virgin light truck tire compound in several batches both in their Banbury intermix and also post chemical addition on sheeting mill. Throughout the exercise great pains were taken on our part to ensure that the handling of our compound and the resultant composite mix was processed in an identical fashion to their normal production conditions (Production of a normal OEM Light Truck Tire).
POSITIVE RESULTS: The composite compound was extruded and applied to the tire assembly process and successfully molded and vulcanized into a full production run of light truck tires (as shown video #3). Along with samples taken from each step of the compounding and manufacturing process the tires were put under the most stringent in-house tests and passed with flying colors matching the original (OEM) tires technical and performance parameters. Samples of the composite compound along with the virgin material were tested again in our own labs and independently at the RRI (World Renowned "Malaysia Rubber Research Institute facility in Sungai Buloh" http://www.lgm.gov.my/) physical testing labs and reaffirmed that there was no appreciable difference in tensile and abrasion resistance.
For official validation the Magnum/SRI light truck tires along with control (original OEM) tires were immediately submitted to the Rubber Research Institutes tire testing lab for a month long battery of tests covering abrasion resistance and destructive tests to complete our lab based due diligence. Even if our tires perform at 90% of the original specs it would be considered an epic achievement as it would be an industry and technological first of great commercial significance (Any result at or above 90% to the original can be considered a fantastic success as it means that we can easily reach 100% by compound adjustment alone).
CEO of SRI: In addressing the recent tests, Mr. Gopi Sekhar, CEO of SRI stated "This success has been achieved by thinking out of the box coupled with a great deal of hard work, diligence and a great deal of support from our partnership with Magnum. The support and synergy from our joint venture with Magnum has been invaluable and is helping propel our development efforts towards tangible results geared towards the optimization of the operations in Magog and Colorado." He also added that "this is a truly significant and historic development, as for the first time there is a technology that is going to consume recycled material in value added applications and in volumes that will really make a difference to the annual accumulation of over 2 billion tires.
Magnum SRI has progressed and may soon be able to supply raw material compounds in industrial volumes. This is an achievement that Magnum SRI can really be proud of." "What's very positive for Magnum and its Magog and Colorado facilities is that the production output in the form of custom compounds (New Revolutionary Magnum SRI Custom Compounds) would be easily welcomed by manufacturers for value added applications such as retread and high specification automotive components. The fact is Magog and Colorado viability would have several advantages. First, raw material costs can be minimized with direct control on material quality through its 1st stage of process with pure fine dust. Further, this material is then processed through several stages into value added compound which will allow the customers good saving in their raw material costs, while also allowing Magog and Colorado a healthy profit margin. With increased potential consumption in each area of application and a much broader application base, all this adds up to very exciting developments. I have no doubt that once our compounds are readily available to tire manufactures, an explosive growth will follow and would likely lead to a change in business model as the potential volume would make it difficult to address from one or even several units."
To view World's First Magnum SRI Light Truck Tires: http://magnumresources.net/gallery/?level=album&id=5&plog_page=2 About MDOR:
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. For photos: http://magnumresources.net/gallery/?level=album&id=2
Magnum's new Hudson, Colorado facility is approximately 50 miles northeast of Denver, Colorado. The facility consists of 120 high grade commercially zoned land, buildings, equipment, and inventory in excess of 30,000,000+ tires. The facility is one of the largest tire landfills in the world and its central location is extremely well situated to accept and supply all of Magnum's current and future facility operations. For photos: http://magnumresources.net/gallery/?level=album&id=3
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. To visit SRI: http://www.srielastomers.com/
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Contact: Magnum D'Or Resources, Inc., Fort Lauderdale, FL 1-954-315-3883 http://www.magnumresources.net/ mdor@magnumresources.net Green Tech International Advisors Human, Public, Investor Relations 1-561-674-2169 greentechint@yahoo.com
Magnum D'Or Resources, Inc.
CONTACT: Magnum D'Or Resources, Inc., +1-954-315-3883,
mdor@magnumresources.net; or Green Tech International Advisors,
+1-561-674-2169, greentechint@yahoo.com
Web Site: http://www.magnumresources.net/
