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

Fred Oates 2025-01-12 03:11:24 +08:00
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<br>[Bio-diesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) made from food in [oil-rich](https://pitchbook.com/profiles/company/51278-86) UAE<br>
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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://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) UAEClose<br>
<br>The [Middle East](https://www.bloomberg.com/profile/company/MNELF:US) is an area where is king and fuel is low-cost, often leaving little [incentive](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 find more [environmentally-friendly](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) ways of moving around.<br>
<br>But this year, as protests across the [Middle East](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) have actually risen the price of oil, the [concern](https://www.businessnews.com.au/Company/Mission-NewEnergy) of finding alternative [sources](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) of fuel has entered [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 highest carbon footprints worldwide, one [service](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) is making the most of the growing pressure to [discover options](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](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) the [Middle East's](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) first scheme to recycle cooking oil into [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053). It's showing lucrative too, currently their [client-list consists](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) of McDonald's.<br>
<br>[Philip Hampsheir](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) [reports](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) from Dubai.<br>
<br>[Special](https://forest500.org/rankings/companies/mission-newenergy-limited) report: The [Technology](https://forest500.org/rankings/companies/mission-newenergy-limited) of Business<br>
<br>Subsection<br>
<br>Business<br>
<br>23 August 2011<br>
<br>Read description<br>