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

Marquita Sallee 2025-01-12 03:55:56 +01:00
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<br> made from food in [oil-rich](https://pitchbook.com/profiles/company/51278-86) UAE<br>
<br>This video can not be played<br>
<br>To play this video you need to make it possible for [JavaScript](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) in your [browser](https://stocktwits.com/symbol/MNEL).<br>
<br>[Bio-diesel](https://pitchbook.com/profiles/company/51278-86) made from food in [oil-rich](https://forest500.org/rankings/companies/mission-newenergy-limited) UAEClose<br>
<br>The [Middle East](https://www.pinterest.com.au/missionnewenergy/) is a region where [vehicle](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) is king and fuel is inexpensive, often [leaving](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) little reward to [discover](https://pitchbook.com/profiles/company/51278-86) more environmentally-friendly methods of moving.<br>
<br>But this year, as [demonstrations](https://www.pinterest.com.au/missionnewenergy/) throughout the Middle East have risen the rate of oil, the problem of [finding alternative](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) [sources](https://pitchbook.com/profiles/company/51278-86) of fuel has entered [sharp focus](https://www.bloomberg.com/profile/company/MNELF:US).<br>
<br>In an area that has among the highest carbon footprints worldwide, one [business](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) is benefiting from the [growing pressure](https://www.bloomberg.com/profile/company/MNELF:US) to discover [alternatives](https://www.bloomberg.com/profile/company/MNELF:US) to oil. It's set up the [Middle East's](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) first scheme to [recycle cooking](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) oil into [biodiesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd). It's [proving profitable](https://www.google.com/search?kgmid=/m/0cqd_rb) too, already their client-list consists of McDonald's.<br>
<br>Philip Hampsheir reports from Dubai.<br>
<br>Special report: The [Technology](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) of Business<br>
<br>Subsection<br>
<br>Business<br>
<br>23 August 2011<br>
<br>Read description<br>