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

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Maira Barrera 2025-01-18 09:46:03 +00:00
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<br>[Bio-diesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) made from food in [oil-rich](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) UAE<br>
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<br>[Bio-diesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) made from food in oil-rich UAEClose<br>
<br>The [Middle East](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) is a region where [vehicle](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) is king and fuel is inexpensive, [frequently leaving](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) little [incentive](https://stocktwits.com/symbol/MNEL) to discover more [environmentally-friendly](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) ways of moving.<br>
<br>But this year, as demonstrations throughout the [Middle East](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) have pressed up the rate of oil, the problem of finding alternative [sources](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) of fuel has come into [sharp focus](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html).<br>
<br>In a region that has one of the greatest worldwide, one [service](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) is benefiting from the [growing pressure](https://forest500.org/rankings/companies/mission-newenergy-limited) to [discover alternatives](https://forest500.org/rankings/companies/mission-newenergy-limited) to oil. It's set up the [Middle East's](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) very first scheme to recycle cooking oil into [biodiesel](https://www.zoominfo.com/c/mission-newenergy/346542889). It's [proving rewarding](https://www.businessnews.com.au/Company/Mission-NewEnergy) too, currently their client-list consists of McDonald's.<br>
<br>[Philip Hampsheir](https://stocktwits.com/symbol/MNEL) [reports](https://www.bloomberg.com/profile/company/MNELF:US) from Dubai.<br>
<br>[Special](https://stocktwits.com/symbol/MNEL) 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>