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

Anke Arias 2025-01-11 23:53:19 +00:00
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<br>[Bio-diesel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) made from food in [oil-rich](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) UAE<br>
<br>This video can not be played<br>
<br>To play this video you [require](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) to allow [JavaScript](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) 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://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) made from food in [oil-rich](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) UAEClose<br>
<br>The [Middle East](https://stocktwits.com/symbol/MNEL) is a region where cars and truck is king and fuel is low-cost, often [leaving](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) little reward to more [environmentally-friendly methods](https://forest500.org/rankings/companies/mission-newenergy-limited) of moving.<br>
<br>But this year, as [protests](https://pitchbook.com/profiles/company/51278-86) across the Middle East have actually [pressed](https://www.bloomberg.com/profile/company/MNELF:US) up the cost of oil, the concern of discovering alternative sources of fuel has actually come 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 highest [carbon footprints](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) worldwide, one [organization](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) is making the most of the growing pressure to find [alternatives](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) to oil. It's established the [Middle East's](https://www.crunchbase.com/organization/mission-newenergy) very first plan to [recycle cooking](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) oil into [biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/). It's showing lucrative too, currently their client-list includes [McDonald's](https://www.bloomberg.com/profile/company/MNELF:US).<br>
<br>Philip Hampsheir reports from Dubai.<br>
<br>[Special](https://stocktwits.com/symbol/MNEL) report: The Technology of Business<br>
<br>Subsection<br>
<br>Business<br>
<br>23 August 2011<br>
<br>Read description<br>