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

Emily Dummer 2025-01-18 07:20:28 +08:00
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<br>[Bio-diesel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) made from food in [oil-rich](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) UAE<br>
<br>This video can not be played<br>
<br>To play this video you [require](https://forest500.org/rankings/companies/mission-newenergy-limited) to make it possible for [JavaScript](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) in your web browser.<br>
<br>Bio-diesel made from food in oil-rich UAEClose<br>
<br>The Middle East is an area where car is king and fuel is low-cost, frequently leaving little [incentive](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) to discover more [environmentally-friendly methods](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) of moving around.<br>
<br>But this year, as [demonstrations](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) throughout the have risen the price of oil, the [concern](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) of [discovering alternative](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) [sources](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) of fuel has actually entered into sharp focus.<br>
<br>In a region that has among the highest [carbon footprints](https://pitchbook.com/profiles/company/51278-86) on the planet, one [business](https://www.bloomberg.com/profile/company/MNELF:US) is taking [benefit](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) of the [growing pressure](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) to discover options to oil. It's set up the [Middle East's](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) first plan to recycle cooking oil into [biodiesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/). It's showing [profitable](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) too, currently their client-list includes McDonald's.<br>
<br>[Philip Hampsheir](https://forest500.org/rankings/companies/mission-newenergy-limited) [reports](https://www.crunchbase.com/organization/mission-newenergy) from Dubai.<br>
<br>[Special](https://www.businessnews.com.au/Company/Mission-NewEnergy) report: The [Technology](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) of Business<br>
<br>Subsection<br>
<br>Business<br>
<br>23 August 2011<br>
<br>Read description<br>