Magnum D'Or Resources announced the completion of the process of removing and processing a disposal pit of scrap tires at its Hudson facility. This is the first time that the tire volume has been reduced at the Hudson facility. This achievement by Magnum D'Or Resources highlights its aim of utilizing the entire stock of about 35,000,000 tires that were already disposed and that are currently available at the site within the Colorado Legislative order of 10 years.
Joseph Glusic, President and CEO of Magnum D'Or Resources, remarked that the state and local officials can take pride in their support for Magnum D'Or Resources through this achievement that has highlighted the company’s commitment to a number of Colorado regulatory and oversight agencies and State Legislators.
Marsha Looper, Colorado State Representative, remarked that this achievement indicates that Magnum D'Or Resources has taken up the correct direction to achieve its goals. Looper is an advocate for the clean-up and disposal of waste tires throughout the state. Bryan Brammer, COO of Magnum USA, remarked that the company with the achievement of its first empty pit is focusing in cleaning a lot more pits through the removal of damaged tires and the company also aims in producing feed stock and usable products for its processing requirements.
A site tour and meeting was recently hosted by Magnum USA with its partner SRI in order to discuss production plans for the Hudson Facility and issues related to next generation rubber cycling machines from SRI.