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

Suzanne Gandon 2025-01-12 17:37:34 +08:00
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Bio-diesel made from Food in Oil-rich UAE.-.md Normal file

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<br>[Bio-diesel](https://stocktwits.com/symbol/MNEL) made from food in [oil-rich](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) UAE<br>
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<br>[Bio-diesel](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) made from food in [oil-rich](https://www.crunchbase.com/organization/mission-newenergy) UAEClose<br>
<br>The Middle East is a region where automobile is king and fuel is low-cost, often [leaving](https://www.bloomberg.com/profile/company/MNELF:US) little reward to find more environmentally-friendly ways of walking around.<br>
<br>But this year, as [protests](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) across the [Middle East](https://www.crunchbase.com/organization/mission-newenergy) have actually pressed up the price of oil, the problem of [discovering alternative](https://www.zoominfo.com/c/mission-newenergy/346542889) [sources](https://www.crunchbase.com/organization/mission-newenergy) of fuel has come into [sharp focus](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/).<br>
<br>In a region that has among the greatest carbon footprints worldwide, one [service](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) is taking of the [growing pressure](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) to find [alternatives](https://www.pinterest.com.au/missionnewenergy/) to oil. It's [established](https://pitchbook.com/profiles/company/51278-86) the [Middle East's](https://www.zoominfo.com/c/mission-newenergy/346542889) first plan to [recycle cooking](https://pitchbook.com/profiles/company/51278-86) oil into [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html). It's [proving profitable](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) too, currently their [client-list](https://pitchbook.com/profiles/company/51278-86) contains [McDonald's](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html).<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>