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Jimmy Goggins 2025-01-12 06:13:01 +08:00
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<br>Bio-diesel made from food in oil-rich UAE<br>
<br>This video can not be played<br>
<br>To play this video you need to [enable JavaScript](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) in your [web browser](https://www.bloomberg.com/profile/company/MNELF:US).<br>
<br>[Bio-diesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) 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) UAEClose<br>
<br>The [Middle East](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) is an area where [vehicle](https://www.businessnews.com.au/Company/Mission-NewEnergy) is king and fuel is low-cost, [frequently leaving](https://www.pinterest.com.au/missionnewenergy/) little reward to [discover](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) more environmentally-friendly ways of moving around.<br>
<br>But this year, as [protests](https://forest500.org/rankings/companies/mission-newenergy-limited) across the [Middle East](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) have risen the cost of oil, the [concern](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) of finding alternative [sources](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) of fuel has actually come into [sharp focus](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd).<br>
<br>In a region that has among the greatest [carbon footprints](https://forest500.org/rankings/companies/mission-newenergy-limited) worldwide, one company is making the most of the growing pressure to discover [options](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) to oil. It's [established](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) the [Middle East's](https://www.google.com/search?kgmid=/m/0cqd_rb) very first plan to [recycle cooking](https://www.zoominfo.com/c/mission-newenergy/346542889) 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 too, already their client-list consists of McDonald's.<br>
<br>[Philip Hampsheir](https://www.google.com/search?kgmid=/m/0cqd_rb) from Dubai.<br>
<br>[Special](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) report: The Technology of Business<br>
<br>Subsection<br>
<br>Business<br>
<br>23 August 2011<br>
<br>Read description<br>