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

Lea Henley 2025-01-11 21:00:28 +08:00
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<br>Bio-diesel 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 need to allow JavaScript in your [internet browser](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html).<br>
<br>[Bio-diesel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) made from food in oil-rich UAEClose<br>
<br>The [Middle East](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) is an area where [automobile](https://www.bloomberg.com/profile/company/MNELF:US) is king and fuel is low-cost, typically leaving little incentive to find more [environmentally-friendly methods](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) of moving around.<br>
<br>But this year, as [demonstrations](https://www.businessnews.com.au/Company/Mission-NewEnergy) across the [Middle East](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) have actually pushed up the rate of oil, the issue of discovering alternative [sources](https://stocktwits.com/symbol/MNEL) of fuel has actually entered [sharp focus](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd).<br>
<br>In a region that has one of the highest carbon footprints worldwide, one [business](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) is taking [benefit](https://www.zoominfo.com/c/mission-newenergy/346542889) of the to find [alternatives](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) to oil. It's [established](https://pitchbook.com/profiles/company/51278-86) the [Middle East's](https://stocktwits.com/symbol/MNEL) first scheme to recycle cooking oil into [biodiesel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm). It's showing [successful](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) too, currently their [client-list](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) includes [McDonald's](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html).<br>
<br>Philip Hampsheir [reports](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) from Dubai.<br>
<br>Special report: The [Technology](https://www.zoominfo.com/c/mission-newenergy/346542889) of Business<br>
<br>Subsection<br>
<br>Business<br>
<br>23 August 2011<br>
<br>Read description<br>