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

Tanja Strand 2025-01-11 21:49:03 +08:00
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<br> 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 [require](https://www.crunchbase.com/organization/mission-newenergy) to allow [JavaScript](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) in your [browser](https://www.crunchbase.com/organization/mission-newenergy).<br>
<br>[Bio-diesel](https://www.bloomberg.com/profile/company/MNELF:US) made from food in [oil-rich](https://www.businessnews.com.au/Company/Mission-NewEnergy) UAEClose<br>
<br>The [Middle East](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) is a region where [automobile](https://www.google.com/search?kgmid=/m/0cqd_rb) is king and fuel is low-cost, often [leaving](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) little reward to discover more [environmentally-friendly methods](https://www.bloomberg.com/profile/company/MNELF:US) of moving around.<br>
<br>But this year, as demonstrations across the [Middle East](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) have actually risen the rate of oil, the issue of [discovering alternative](https://www.zoominfo.com/c/mission-newenergy/346542889) [sources](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) of fuel has actually entered [sharp focus](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608).<br>
<br>In a region that has among the highest carbon footprints in the world, one [business](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) is [benefiting](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) from the growing [pressure](https://www.crunchbase.com/organization/mission-newenergy) to discover options to oil. It's set up the [Middle East's](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) very first scheme to recycle cooking oil into [biodiesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/). It's proving lucrative too, currently their client-list consists of McDonald's.<br>
<br>Philip Hampsheir [reports](https://stocktwits.com/symbol/MNEL) from Dubai.<br>
<br>Special report: The [Technology](https://www.pinterest.com.au/missionnewenergy/) of Business<br>
<br>Subsection<br>
<br>Business<br>
<br>23 August 2011<br>
<br>Read description<br>