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

Helena Will 2025-01-11 13:08:15 -06:00
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<br>[Bio-diesel](https://www.bloomberg.com/profile/company/MNELF:US) made from food in [oil-rich](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) UAE<br>
<br>This video can not be played<br>
<br>To play this video you need to make it possible for [JavaScript](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) in your [browser](https://www.google.com/search?kgmid=/m/0cqd_rb).<br>
<br> made from food in [oil-rich](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) UAEClose<br>
<br>The [Middle East](https://pitchbook.com/profiles/company/51278-86) is a region where car is king and fuel is inexpensive, [typically leaving](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) little reward to find more [environmentally-friendly methods](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) of moving around.<br>
<br>But this year, as [protests](https://forest500.org/rankings/companies/mission-newenergy-limited) across the Middle East have actually [pressed](https://pitchbook.com/profiles/company/51278-86) up the cost of oil, the concern of finding alternative [sources](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) of fuel has actually come into sharp focus.<br>
<br>In a region that has one of the greatest carbon footprints in the world, one [business](https://forest500.org/rankings/companies/mission-newenergy-limited) is [benefiting](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) from the [growing pressure](https://stocktwits.com/symbol/MNEL) to discover options to oil. It's established the Middle East's first plan to [recycle cooking](https://www.zoominfo.com/c/mission-newenergy/346542889) oil into [biodiesel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile). It's showing [rewarding](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) too, currently their [client-list consists](https://www.pinterest.com.au/missionnewenergy/) of [McDonald's](https://www.google.com/search?kgmid=/m/0cqd_rb).<br>
<br>[Philip Hampsheir](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) [reports](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) 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>