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

Rubye Buckley 2025-01-11 14:20:46 -05:00
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<br>[Bio-diesel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) 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 [require](https://pitchbook.com/profiles/company/51278-86) to allow [JavaScript](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) in your [web 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.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) made from food in [oil-rich](https://stocktwits.com/symbol/MNEL) UAEClose<br>
<br>The [Middle East](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) is a region where cars and truck is king and fuel is low-cost, [typically leaving](https://www.crunchbase.com/organization/mission-newenergy) little reward to find more [environmentally-friendly methods](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) of moving around.<br>
<br>But this year, as throughout the [Middle East](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) have actually [pressed](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) up the cost of oil, the issue of [discovering alternative](https://www.crunchbase.com/organization/mission-newenergy) [sources](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) of fuel has actually entered into sharp focus.<br>
<br>In an area that has among the highest carbon footprints worldwide, one organization is [benefiting](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) from the growing pressure to discover [options](https://stocktwits.com/symbol/MNEL) to oil. It's [established](https://forest500.org/rankings/companies/mission-newenergy-limited) the Middle East's very first scheme to recycle cooking oil into [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053). It's [proving profitable](https://www.pinterest.com.au/missionnewenergy/) too, currently their client-list includes McDonald's.<br>
<br>Philip Hampsheir reports from Dubai.<br>
<br>[Special](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) 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>