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

Mabel Streit 2025-01-17 21:44:47 -05:00
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<br>Bio-diesel made from food in [oil-rich](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) UAE<br>
<br>This video can not be played<br>
<br>To play this video you need to allow [JavaScript](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) in your [browser](https://stocktwits.com/symbol/MNEL).<br>
<br>Bio-diesel made from food in oil-rich UAEClose<br>
<br>The [Middle East](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) is a region where [vehicle](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) is king and fuel is cheap, frequently leaving little incentive to [discover](https://stocktwits.com/symbol/MNEL) more [environmentally-friendly](https://pitchbook.com/profiles/company/51278-86) ways of moving.<br>
<br>But this year, as protests across the [Middle East](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) have pushed up the cost of oil, the concern of [finding alternative](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) [sources](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) of fuel has actually come into [sharp focus](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).<br>
<br>In an area that has among the highest carbon footprints on the planet, one [business](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) is [benefiting](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) from the to [discover options](https://stocktwits.com/symbol/MNEL) to oil. It's [established](https://www.google.com/search?kgmid=/m/0cqd_rb) the [Middle East's](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) very first plan to [recycle cooking](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) oil into [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053). It's proving successful too, already their client-list contains [McDonald's](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048).<br>
<br>Philip Hampsheir [reports](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) from Dubai.<br>
<br>Special report: The [Technology](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) of Business<br>
<br>Subsection<br>
<br>Business<br>
<br>23 August 2011<br>
<br>Read description<br>