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

Celeste Lash 2025-01-18 01:30:49 +00:00
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<br>[Bio-diesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) made from food in [oil-rich](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) UAE<br>
<br>This video can not be played<br>
<br>To play this video you need to [enable JavaScript](https://www.crunchbase.com/organization/mission-newenergy) in your [browser](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd).<br>
<br>[Bio-diesel](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) made from food in [oil-rich](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) UAEClose<br>
<br>The is a region where car is king and fuel is low-cost, [typically leaving](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) little [incentive](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) to [discover](https://www.pinterest.com.au/missionnewenergy/) more [environmentally-friendly](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) ways of moving around.<br>
<br>But this year, as demonstrations across the Middle East have risen the price of oil, the [concern](https://www.bloomberg.com/profile/company/MNELF:US) of finding alternative sources of fuel has actually entered [sharp focus](https://www.pinterest.com.au/missionnewenergy/).<br>
<br>In a region that has among the highest carbon footprints on the planet, one organization is benefiting from the [growing pressure](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) to find [alternatives](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) to oil. It's established the Middle East's first plan to [recycle cooking](https://stocktwits.com/symbol/MNEL) oil into [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html). It's showing [profitable](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) too, currently their client-list includes [McDonald's](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053).<br>
<br>[Philip Hampsheir](https://www.crunchbase.com/organization/mission-newenergy) [reports](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) from Dubai.<br>
<br>Special 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>