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

Rene De Gillern 2025-01-12 02:13:40 +03:00
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<br>[Bio-diesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) made from food in [oil-rich](https://www.bloomberg.com/profile/company/MNELF:US) UAE<br>
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<br>[Bio-diesel](https://stocktwits.com/symbol/MNEL) made from food in oil-rich UAEClose<br>
<br>The [Middle East](https://www.google.com/search?kgmid=/m/0cqd_rb) is a region where [vehicle](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) is king and fuel is cheap, [typically leaving](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) little [incentive](https://www.crunchbase.com/organization/mission-newenergy) to [discover](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) more [environmentally-friendly methods](https://pitchbook.com/profiles/company/51278-86) of moving.<br>
<br>But this year, as [demonstrations](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) across the [Middle East](https://www.pinterest.com.au/missionnewenergy/) have actually risen the rate of oil, the issue of discovering alternative [sources](https://forest500.org/rankings/companies/mission-newenergy-limited) of fuel has actually entered .<br>
<br>In an area that has one of the greatest [carbon footprints](https://www.google.com/search?kgmid=/m/0cqd_rb) in the world, one [organization](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) is making the most of the [growing pressure](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) to [discover alternatives](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) to oil. It's established the [Middle East's](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) first plan to recycle cooking oil into [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053). It's [proving rewarding](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) too, already their client-list includes [McDonald's](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price).<br>
<br>Philip Hampsheir reports 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>