Magnum USA Adds New Clients

Magnum D'Or Resources Inc., Fort Lauderdale, Fla., has announced a new tire source agreements and on-going tire recycling operations.
 

Magnum's wholly owned subsidiary, Magnum Recycling USA, recently added additional tire source clients to its operations in Hudson, Colo. One client will be using the site for the disposal of off-road tires and the others will be disposing of passenger, light truck and heavy truck tires.

The operators chose the Hudson facility based on Magnum's completed permitting process and guarantee that all tires delivered to the facility will ultimately be recycled into new end-user products.

Bryan Brammer, COO of Magnum Recycling USA, says, "We have added new clients therefore adding new revenue to the bottom line of Magnum's US division. It is also exciting to know that other companies like Magnum, desire to be good stewards to the environment by not letting waste tires go into illegal tire dumps. These tipping fees will prove to be a solid revenue stream and foundation for the Hudson facility."

He adds, "In addition to collecting raw material, we have also been recycling tires into shreds and nuggets in order to stockpile a large feedstock for our next phase which will be the production of recycled ultra fine rubber powders. Along with the help of Magnum Engineering International, our U.S. operations are excited to begin the production of next generation Magnum SRI custom compounds and customer specific powders."