(Stock Symbol: MDOR http://www.magnumresources.net ) Magnum's 98,000+ sq ft facility is located in Magog (Quebec). Magnum currently holds over $130 Million USD in open contracts over the next five years for the production of rubber nuggets and rubber buffings (mulch). Magnum owns the exclusive rights to North America and future Global Rights to an array of next generation cost-saving custom compounds, patents, process technology, and trade secrets of SRI http://srielastomers.com/ that will allow for rubber to be reconstituted and specially blended into EPDM powders, and EPDM compounds.
Magnum/SRI are currently using their advanced technologies to produce the next generation of rubber recycling solutions custom compounds, retread compounds, processing aids, advanced state-of-the-art equipment, and reactivated ambient/cryogenic rubber powders for the world market.
View more about MDOR click http://www.magnumresources.net and to see videos of production as well as detailed photos of our facility go here: http://magnumresources.net/investors.php
Magnums proprietary technology and know-how developments will Revolutionize the Global Rubber Processing & Next Generation Compounding Market Worldwide.
Magnum's proprietary "GREEN" technology provides a one of a kind solution to all of the challenges in eliminating Stockpiles of Scrap Tires and Global Waste including: establishing Turnkey Recycling/Waste Management facilities; design, manufacture, and sell products made with recycled materials; and institute viable solutions to the problem of recycling waste rubber. This also includes our one of a kind close loop recycling technology using our proprietary know-how for recycling scrap rubber to produce a variety of end products while reducing greenhouse gases.
SRI and Magnum are currently using its advanced technologies along with continued research & development to produce the next generation of retread compounds and reactivated ambient /cryogenic rubber powders for the world market. Magnum has now positioned itself in the global arena by locating a facility in Malaysia with capability for R & D, high performance compounding, processing aids, recycling solutions, and advanced state of the art equipment.
Magnum's Magog, Canada Facility:
Magog is a well known rubber and plastics epicenter that is located in the Estrie region of Quebec and in the MRC Memphremagog. It benefits from an exceptional geographic location since it is situated on the Canadian-American border. Located at 2035 Rene-Patenaude Magog (Quebec), J1X 7J2 is comprised of a 98,000+ sq ft mixed use building located within the Technology Center of Magog, Canada on approximately 10 acres of land.
The licensed proprietary and patented process that MDOR utilizes produces the finest rubber products available to the market. Furthermore, MDOR's patented processes will produce profitable products that are ecologically friendly by disintegrating used tires down to their most basic and usable components. This high technology plant will be used to design, manufacture, and sell products made with recycled materials; and institute viable solutions to the problem of recycling waste rubber. MDOR will use its licensed patented processes to recycle scrap tires, remove fibers and metal wire, and produce crumb rubber sorted into different mesh sizes for use in various rubber products.
Thus, MDOR will continue developing new compounds, file new patents, and produce products for the rubber powder it manufactures. At this time applications outnumber the amount of available raw material to produce them, thus creating a considerable supply gap for quality recycled rubber powder.
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Why is their 52 week down 92.86%? Are they not receiving the tires anymore?
MadGamin 7 months ago