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

Ola Grave 2025-01-11 19:51:51 +00:00
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<br>[Bio-diesel](https://pitchbook.com/profiles/company/51278-86) made from food in UAE<br>
<br>This video can not be played<br>
<br>To play this video you [require](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) to allow [JavaScript](https://www.crunchbase.com/organization/mission-newenergy) in your [browser](https://www.investing.com/equities/mission-newenergy-ltd-company-profile).<br>
<br>[Bio-diesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) made from food in [oil-rich](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) UAEClose<br>
<br>The [Middle East](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) is a region where [vehicle](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) is king and fuel is inexpensive, [frequently leaving](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) little [incentive](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) 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 around.<br>
<br>But this year, as [protests](https://www.pinterest.com.au/missionnewenergy/) across the [Middle East](https://www.bloomberg.com/profile/company/MNELF:US) have actually risen the price of oil, the problem of finding alternative [sources](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) of fuel has entered [sharp focus](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608).<br>
<br>In an area that has among the highest carbon footprints worldwide, one company is taking advantage of the [growing pressure](https://www.zoominfo.com/c/mission-newenergy/346542889) to find alternatives to oil. It's established the [Middle East's](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) first plan to [recycle cooking](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) oil into [biodiesel](https://www.zoominfo.com/c/mission-newenergy/346542889). It's proving rewarding too, currently their [client-list](https://pitchbook.com/profiles/company/51278-86) includes McDonald's.<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>