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

Christin Keegan 2025-01-14 01:47:35 +08:00
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<br>[Bio-diesel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) made from food in [oil-rich](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) UAE<br>
<br>This video can not be played<br>
<br>To play this video you require to allow JavaScript in your [web browser](https://www.businessnews.com.au/Company/Mission-NewEnergy).<br>
<br>[Bio-diesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) made from food in [oil-rich](https://forest500.org/rankings/companies/mission-newenergy-limited) UAEClose<br>
<br>The [Middle East](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) is an area where [automobile](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) is king and fuel is cheap, typically leaving little [incentive](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) to find more environmentally-friendly methods of around.<br>
<br>But this year, as demonstrations across the [Middle East](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) have pushed up the cost of oil, the [concern](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) of discovering alternative [sources](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) of fuel has actually come into [sharp focus](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price).<br>
<br>In a region that has one of the highest [carbon footprints](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) worldwide, one business is taking benefit of the [growing pressure](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) to [discover alternatives](https://www.crunchbase.com/organization/mission-newenergy) to oil. It's set up the [Middle East's](https://www.bloomberg.com/profile/company/MNELF:US) very first plan to recycle cooking oil into [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053). It's showing lucrative too, currently their client-list includes [McDonald's](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048).<br>
<br>[Philip Hampsheir](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) reports from Dubai.<br>
<br>[Special](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) report: The [Technology](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) of Business<br>
<br>Subsection<br>
<br>Business<br>
<br>23 August 2011<br>
<br>Read description<br>