Russell Industries, Inc. (Pink Sheets: RIND) announced today that its biofuels project is continuing on schedule. The first milestone calls for an operational pilot model to be completed by January 31, 2010. “The prototype reactor is being used to run numerous functionality tests. On-going algae culture experiments are also being performed in concert with the engineering systems checks. Near term plans include statistical evaluation of cultures and photo-microscopic documentation of various trial runs,” said Dr. William Wilder, President of Axis Environmental Services, Inc. and scientific consultant to RIND. The Company will also be updating its website this month
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