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

Ila Permewan 2025-01-11 22:38:48 +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://forest500.org/rankings/companies/mission-newenergy-limited) UAE<br>
<br>This video can not be played<br>
<br>To play this video you to [enable JavaScript](https://stocktwits.com/symbol/MNEL) in your [browser](https://pitchbook.com/profiles/company/51278-86).<br>
<br>[Bio-diesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) made from food in [oil-rich](https://www.zoominfo.com/c/mission-newenergy/346542889) UAEClose<br>
<br>The [Middle East](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) is a region where [vehicle](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) is king and fuel is inexpensive, typically leaving little [incentive](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) to find more [environmentally-friendly](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) ways of walking around.<br>
<br>But this year, as demonstrations across the [Middle East](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) have actually risen the price of oil, the problem of discovering alternative [sources](https://forest500.org/rankings/companies/mission-newenergy-limited) of fuel has come into [sharp focus](https://forest500.org/rankings/companies/mission-newenergy-limited).<br>
<br>In an area that has one of the highest carbon footprints worldwide, one business is taking benefit of the [growing pressure](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) to find [alternatives](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) to oil. It's set up the [Middle East's](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) first scheme to recycle cooking oil into [biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048). It's [proving rewarding](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) too, currently their [client-list consists](https://pitchbook.com/profiles/company/51278-86) of [McDonald's](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html).<br>
<br>Philip [Hampsheir reports](https://www.google.com/search?kgmid=/m/0cqd_rb) 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>