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Alethea Gibney 2025-01-12 11:28:33 +08:00
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<br>[Bio-diesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) made from food in UAE<br>
<br>This video can not be played<br>
<br>To play this video you need to allow [JavaScript](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) in your [internet browser](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).<br>
<br>[Bio-diesel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) made from food in [oil-rich](https://www.crunchbase.com/organization/mission-newenergy) UAEClose<br>
<br>The [Middle East](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 an area where [automobile](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) is king and fuel is inexpensive, [typically leaving](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) little reward to discover more environmentally-friendly ways of walking around.<br>
<br>But this year, as demonstrations across the [Middle East](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) have actually pushed up the rate of oil, the problem of [finding alternative](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) [sources](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) of fuel has actually entered into sharp focus.<br>
<br>In an area that has one of the greatest carbon footprints in the world, one business is taking advantage of the [growing pressure](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) to find [options](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) to oil. It's set up the [Middle East's](https://forest500.org/rankings/companies/mission-newenergy-limited) first scheme to [recycle cooking](https://www.zoominfo.com/c/mission-newenergy/346542889) oil into [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053). It's showing successful too, already their [client-list consists](https://www.bloomberg.com/profile/company/MNELF:US) of [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](https://www.zoominfo.com/c/mission-newenergy/346542889) [reports](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) from Dubai.<br>
<br>Special report: The [Technology](https://www.bloomberg.com/profile/company/MNELF:US) of Business<br>
<br>Subsection<br>
<br>Business<br>
<br>23 August 2011<br>
<br>Read description<br>