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

Margie Homer 2025-01-12 06:00:15 +00:00
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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.pinterest.com.au/missionnewenergy/) UAE<br>
<br>This video can not be played<br>
<br>To play this video you to [enable JavaScript](https://stocktwits.com/symbol/MNEL) in your [web browser](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html).<br>
<br>[Bio-diesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) made from food in [oil-rich](https://forest500.org/rankings/companies/mission-newenergy-limited) 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 vehicle is king and fuel is inexpensive, typically leaving little reward to [discover](https://stocktwits.com/symbol/MNEL) more environmentally-friendly ways of moving.<br>
<br>But this year, as [protests](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) across the [Middle East](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) have actually risen the cost of oil, the [concern](https://www.crunchbase.com/organization/mission-newenergy) of [discovering alternative](https://www.crunchbase.com/organization/mission-newenergy) [sources](https://pitchbook.com/profiles/company/51278-86) of fuel has actually entered into [sharp focus](https://www.investing.com/equities/mission-newenergy-ltd-company-profile).<br>
<br>In an area that has one of the highest carbon footprints worldwide, one company is [benefiting](https://www.crunchbase.com/organization/mission-newenergy) from the growing pressure to find alternatives to oil. It's [established](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) the Middle East's very first plan to recycle cooking 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 lucrative too, already their client-list contains [McDonald's](https://www.crunchbase.com/organization/mission-newenergy).<br>
<br>[Philip Hampsheir](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) [reports](https://www.zoominfo.com/c/mission-newenergy/346542889) from Dubai.<br>
<br>Special report: The [Technology](https://pitchbook.com/profiles/company/51278-86) of Business<br>
<br>Subsection<br>
<br>Business<br>
<br>23 August 2011<br>
<br>Read description<br>