Big number talk here $$$$$$$$$$$$$$$$
Upon completion this equipment will produce about 25,000 tons of crumb rubber and nuggets annually. The basic crumb rubber and nuggets will be sold for $200 to $400 per ton however the more highly refined rubber will be used as a basis for our ultra fine processing and sold at a much higher premium. Magnum's strategy is to immediately produce powders after final installation of the plant in the first calendar quarter of 2009.
This plant will allow Magnum to hook up their proprietary fine powder production line without interrupting the production of the 25,000 tons of nuggets/crumb. Magnum plans to produce up to 20,000 tons of ultra fine powders for clients or high end custom compounds with SRI.