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A major rubber recycling company is set to buy one of the world’s biggest tire landfills, located in Colorado, where more than 30 million used tires sit awaiting new life.
Magnum D’Or Resources Inc. announced Aug. 20 that it is in the final stages of acquiring the Hudson, Colo., site. The property is approximately 120 acres of commercially-zoned land with buildings, equipment and tires on site. Magnum intends to make it core to its existing business, which consists of using advanced technologies to produce new rubber recycling solutions for custom compounds and retread compounds.
Currently, Magnum operates a 98,000-square-foot facility in Quebec, where it produces rubber nuggets and buffing. The company touts its “green” technology for transforming stockpiles of scrap tires and rubber scrap.
Magnum’s CEO Joseph Glusic said, “This facility and location solidifies our standing and paves the way for our US operations. I believe with the size and location, that the facility will be a central hub for our company and at the center of our strategic plans for expansion. Its central location as an international business hub makes it perfect for business access worldwide. This is just the beginning of some very exciting developments on the horizon.”
Magnum works with SRI, Sekhar Research Innovations, which develops technologies and equipment for rubber recycling.
1 Billion Tires Disposed Worldwide
Over one billion tires are disposed of in the world each year, according to numerous sources. Used Tires.net estimates that number to be as much as three billion in the United States alone. Solutions to the accumulation of disposed tires include proper maintenance of tires, retreading and reuse in commercial applications, it says. Most U.S. states regulate the management of scrap tires and prohibit tires ending up in landfills.
Prolonging the life of tires can be achieved through maintaining tire pressure, wheel balance and alignment, as well as limiting excessive acceleration and braking, Used Tires.net says. Retreading a tire uses one third less crude oil than what is used to make a new tire, it explains.
The recycling process allows for tires to be chopped, ground or powdered for use in producing floor mats, adhesives, gaskets, shoe soles, electrical insulators and asphalt, it explains. Industries and sectors that use scrap tires for fuel include cement kilns, paper mills, electric utilities, waste-to-energy facilities, construction, landscaping, farming and playground equipment manufacturing, it says.
