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

Marcelo Holder 2025-01-12 08:11:21 +08:00
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<br>[Bio-diesel](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) 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 need to [enable JavaScript](https://www.zoominfo.com/c/mission-newenergy/346542889) in your [web browser](https://forest500.org/rankings/companies/mission-newenergy-limited).<br>
<br>[Bio-diesel](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) made from food in [oil-rich](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) UAEClose<br>
<br>The is a region where [vehicle](https://www.zoominfo.com/c/mission-newenergy/346542889) is king and fuel is low-cost, often [leaving](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) little [incentive](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) to find more [environmentally-friendly](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) ways of [walking](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) around.<br>
<br>But this year, as [protests](https://forest500.org/rankings/companies/mission-newenergy-limited) throughout the [Middle East](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) have risen the cost of oil, the concern of finding alternative sources of fuel has actually entered sharp focus.<br>
<br>In a region that has one of the highest carbon footprints in the world, one company is making the most of the growing pressure to find [options](https://www.bloomberg.com/profile/company/MNELF:US) to oil. It's [established](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) the Middle East's 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 showing [profitable](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) too, already their client-list consists of [McDonald's](https://pitchbook.com/profiles/company/51278-86).<br>
<br>[Philip Hampsheir](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) [reports](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) 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>