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

Verona Demarco 2025-01-18 14:13:57 +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.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) UAE<br>
<br>This video can not be played<br>
<br>To play this video you [require](https://www.crunchbase.com/organization/mission-newenergy) to make it possible for [JavaScript](https://pitchbook.com/profiles/company/51278-86) in your [browser](https://www.businessnews.com.au/Company/Mission-NewEnergy).<br>
<br>[Bio-diesel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) made from food in [oil-rich](https://www.businessnews.com.au/Company/Mission-NewEnergy) UAEClose<br>
<br>The [Middle East](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) is a region where car is king and fuel is cheap, often [leaving](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) little reward to more [environmentally-friendly](https://stocktwits.com/symbol/MNEL) ways of walking around.<br>
<br>But this year, as demonstrations across the [Middle East](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) have actually risen the cost of oil, the problem of finding alternative [sources](https://stocktwits.com/symbol/MNEL) of fuel has entered into [sharp focus](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html).<br>
<br>In a region that has one of the greatest carbon footprints on the planet, one [business](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) is [benefiting](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) from the growing pressure to find [options](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) to oil. It's set up the [Middle East's](https://www.bloomberg.com/profile/company/MNELF:US) first plan to [recycle cooking](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) oil into [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html). It's showing [successful](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) too, already their client-list contains McDonald's.<br>
<br>Philip Hampsheir [reports](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) from Dubai.<br>
<br>Special report: The Technology of Business<br>
<br>Subsection<br>
<br>Business<br>
<br>23 August 2011<br>
<br>Read description<br>