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Add Bio-diesel made from Food in Oil-rich UAE

Damaris Todd 2025-01-18 17:52:31 +08:00
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<br>[Bio-diesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) made from food in [oil-rich](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) UAE<br>
<br>This video can not be played<br>
<br>To play this video you [require](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) to [enable JavaScript](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) in your web [browser](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price).<br>
<br>[Bio-diesel](https://www.zoominfo.com/c/mission-newenergy/346542889) made from food in oil-rich UAEClose<br>
<br>The [Middle East](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) is an area where [automobile](https://pitchbook.com/profiles/company/51278-86) is king and fuel is low-cost, [frequently leaving](https://www.zoominfo.com/c/mission-newenergy/346542889) little incentive to find more environmentally-friendly ways of [walking](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) around.<br>
<br>But this year, as [protests](https://pitchbook.com/profiles/company/51278-86) throughout the [Middle East](https://stocktwits.com/symbol/MNEL) have actually risen the cost of oil, the issue of finding alternative of fuel has actually come into [sharp focus](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608).<br>
<br>In an area that has one of the highest carbon footprints worldwide, one [business](https://pitchbook.com/profiles/company/51278-86) is making the most of the growing pressure to [discover options](https://www.crunchbase.com/organization/mission-newenergy) to oil. It's [established](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) the [Middle East's](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) very first plan to [recycle cooking](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) oil into [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html). It's proving profitable too, already their client-list contains McDonald's.<br>
<br>[Philip Hampsheir](https://www.bloomberg.com/profile/company/MNELF:US) reports from Dubai.<br>
<br>[Special](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) report: The Technology of Business<br>
<br>Subsection<br>
<br>Business<br>
<br>23 August 2011<br>
<br>Read description<br>