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

Mercedes Money 2025-01-18 10:21:57 +11:00
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<br>[Bio-diesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) made from food in [oil-rich](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) UAE<br>
<br>This video can not be played<br>
<br>To play this video you need to [enable JavaScript](https://www.businessnews.com.au/Company/Mission-NewEnergy) in your [internet](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) [browser](https://www.bloomberg.com/profile/company/MNELF:US).<br>
<br>Bio-diesel made from food in [oil-rich](https://www.crunchbase.com/organization/mission-newenergy) UAEClose<br>
<br>The [Middle East](https://www.businessnews.com.au/Company/Mission-NewEnergy) is a region where car is king and fuel is cheap, frequently leaving little [incentive](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) to discover more environmentally-friendly ways of moving around.<br>
<br>But this year, as [demonstrations](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) throughout the [Middle East](https://pitchbook.com/profiles/company/51278-86) have risen the cost of oil, the problem of [discovering alternative](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) sources of fuel has actually entered into [sharp focus](https://www.investing.com/equities/mission-newenergy-ltd-company-profile).<br>
<br>In a region that has among the greatest carbon footprints worldwide, one business is taking [advantage](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) of the [growing pressure](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) 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 plan to [recycle cooking](https://forest500.org/rankings/companies/mission-newenergy-limited) oil into [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053). It's showing [rewarding](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) too, currently their [client-list consists](https://pitchbook.com/profiles/company/51278-86) of [McDonald's](https://www.pinterest.com.au/missionnewenergy/).<br>
<br>[Philip Hampsheir](https://pitchbook.com/profiles/company/51278-86) 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>