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

Andra Osman 2025-01-11 21:46:15 +08:00
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<br>[Bio-diesel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) made from food in [oil-rich](https://www.crunchbase.com/organization/mission-newenergy) UAE<br>
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<br>To play this video you need to [enable JavaScript](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) in your [internet browser](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/).<br>
<br>[Bio-diesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) made from food in oil-rich UAEClose<br>
<br>The [Middle East](https://www.zoominfo.com/c/mission-newenergy/346542889) is a region where car is king and fuel is low-cost, [frequently leaving](https://www.zoominfo.com/c/mission-newenergy/346542889) little [incentive](https://www.bloomberg.com/profile/company/MNELF:US) to find more [environmentally-friendly methods](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) of moving.<br>
<br>But this year, as [demonstrations](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) throughout the Middle East have pressed up the rate of oil, the concern of [finding alternative](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) [sources](https://www.zoominfo.com/c/mission-newenergy/346542889) of fuel has actually entered [sharp focus](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd).<br>
<br>In an area that has among the highest carbon footprints in the world, one [organization](https://pitchbook.com/profiles/company/51278-86) is [benefiting](https://stocktwits.com/symbol/MNEL) from the [growing pressure](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) to find [options](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) to oil. It's established the Middle East's very first plan to [recycle cooking](https://www.google.com/search?kgmid=/m/0cqd_rb) oil into [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html). It's showing successful too, currently their [client-list](https://pitchbook.com/profiles/company/51278-86) includes McDonald's.<br>
<br>[Philip Hampsheir](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) reports from Dubai.<br>
<br>Special report: The of Business<br>
<br>Subsection<br>
<br>Business<br>
<br>23 August 2011<br>
<br>Read description<br>