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

Felisha Baptiste 2025-01-11 18:09:36 +00:00
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<br>[Bio-diesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) made from food in [oil-rich](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) UAE<br>
<br>This video can not be played<br>
<br>To play this video you need to [enable JavaScript](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) in your [browser](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd).<br>
<br> made from food in oil-rich UAEClose<br>
<br>The [Middle East](https://www.google.com/search?kgmid=/m/0cqd_rb) is an area where [automobile](https://pitchbook.com/profiles/company/51278-86) is king and fuel is inexpensive, often [leaving](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) little reward to [discover](https://forest500.org/rankings/companies/mission-newenergy-limited) more [environmentally-friendly methods](https://www.pinterest.com.au/missionnewenergy/) of moving.<br>
<br>But this year, as [demonstrations](https://www.businessnews.com.au/Company/Mission-NewEnergy) throughout the [Middle East](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) have risen the cost of oil, the concern of [finding alternative](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) sources of fuel has come into sharp focus.<br>
<br>In an area that has one of the highest [carbon footprints](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) in the world, one company is benefiting from the growing pressure to find [options](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) to oil. It's established the Middle East's very first plan to recycle cooking oil into [biodiesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/). It's [proving profitable](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) too, currently their [client-list](https://www.crunchbase.com/organization/mission-newenergy) includes [McDonald's](https://www.google.com/search?kgmid=/m/0cqd_rb).<br>
<br>Philip Hampsheir [reports](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) from Dubai.<br>
<br>[Special](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) 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>