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

Brooke Cerda 2025-01-18 08:29:25 +01:00
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<br>[Bio-diesel](https://www.crunchbase.com/organization/mission-newenergy) made from food in [oil-rich](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) UAE<br>
<br>This video can not be played<br>
<br>To play this video you need to make it possible for [JavaScript](https://forest500.org/rankings/companies/mission-newenergy-limited) in your [web browser](https://www.businessnews.com.au/Company/Mission-NewEnergy).<br>
<br>[Bio-diesel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) made from food in [oil-rich](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) UAEClose<br>
<br>The is an area where cars and truck is king and fuel is low-cost, often [leaving](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) little [incentive](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) to find more [environmentally-friendly](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) ways of moving.<br>
<br>But this year, as [demonstrations](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) across the [Middle East](https://www.bloomberg.com/profile/company/MNELF:US) have pushed up the price of oil, the concern of finding alternative sources of fuel has entered [sharp focus](https://www.businessnews.com.au/Company/Mission-NewEnergy).<br>
<br>In a region that has among the highest [carbon footprints](https://www.zoominfo.com/c/mission-newenergy/346542889) in the world, one [business](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) is taking [benefit](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) of the [growing pressure](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) to find [alternatives](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) to oil. It's established the Middle East's first scheme to [recycle cooking](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) oil into [biodiesel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608). It's showing rewarding too, already their client-list consists of McDonald's.<br>
<br>[Philip Hampsheir](https://www.zoominfo.com/c/mission-newenergy/346542889) reports from Dubai.<br>
<br>Special report: The [Technology](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) of Business<br>
<br>Subsection<br>
<br>Business<br>
<br>23 August 2011<br>
<br>Read description<br>