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

Marty Groce 2025-01-18 01:13:59 +01:00
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<br>[Bio-diesel](https://www.zoominfo.com/c/mission-newenergy/346542889) made from food in UAE<br>
<br>This video can not be played<br>
<br>To play this video you [require](https://pitchbook.com/profiles/company/51278-86) to make it possible for [JavaScript](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) in your [browser](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053).<br>
<br>[Bio-diesel](https://www.google.com/search?kgmid=/m/0cqd_rb) made from food in [oil-rich](https://www.google.com/search?kgmid=/m/0cqd_rb) UAEClose<br>
<br>The [Middle East](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) is a region where [vehicle](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) is king and fuel is low-cost, often [leaving](https://www.bloomberg.com/profile/company/MNELF:US) little incentive to discover more environmentally-friendly ways of moving around.<br>
<br>But this year, as protests throughout the [Middle East](https://www.crunchbase.com/organization/mission-newenergy) have [pressed](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) up the rate of oil, the issue of [finding alternative](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) [sources](https://pitchbook.com/profiles/company/51278-86) of fuel has actually entered sharp focus.<br>
<br>In an area that has one of the highest carbon footprints on the planet, one [company](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) is making the most of the [growing](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) pressure to find [alternatives](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) to oil. It's established the Middle East's first scheme to [recycle cooking](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) oil into [biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price). It's showing [profitable](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) too, currently their client-list consists of [McDonald's](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/).<br>
<br>Philip Hampsheir [reports](https://www.zoominfo.com/c/mission-newenergy/346542889) 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>