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

Caitlin Carswell 2025-01-11 14:39:28 +00:00
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<br>[Bio-diesel](https://www.crunchbase.com/organization/mission-newenergy) made from food in [oil-rich](https://www.zoominfo.com/c/mission-newenergy/346542889) UAE<br>
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<br>To play this video you [require](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) to enable JavaScript in your web browser.<br>
<br>[Bio-diesel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) made from food in oil-rich UAEClose<br>
<br>The Middle East is an area where [automobile](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 cheap, [frequently leaving](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) little incentive to discover more environmentally-friendly methods of moving around.<br>
<br>But this year, as [protests](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) throughout the Middle East have [pressed](https://www.bloomberg.com/profile/company/MNELF:US) up the price of oil, the issue of finding alternative [sources](https://forest500.org/rankings/companies/mission-newenergy-limited) of fuel has actually come into [sharp focus](https://www.businessnews.com.au/Company/Mission-NewEnergy).<br>
<br>In an area that has among the highest [carbon footprints](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) worldwide, one [company](https://stocktwits.com/symbol/MNEL) is taking advantage of the [growing pressure](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) to find [alternatives](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) to oil. It's the [Middle East's](https://www.bloomberg.com/profile/company/MNELF:US) first plan to [recycle cooking](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) oil into [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053). It's showing [successful](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) too, already their client-list includes [McDonald's](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608).<br>
<br>Philip Hampsheir [reports](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) from Dubai.<br>
<br>[Special](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) report: The Technology of Business<br>
<br>Subsection<br>
<br>Business<br>
<br>23 August 2011<br>
<br>Read description<br>