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Lucio Haygood 2025-01-12 11:25:38 -06:00
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<br>[Bio-diesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) made from food in [oil-rich](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) UAE<br>
<br>This video can not be played<br>
<br>To play this video you need to make it possible for [JavaScript](https://www.zoominfo.com/c/mission-newenergy/346542889) in your [browser](https://www.investing.com/equities/mission-newenergy-ltd-company-profile).<br>
<br>[Bio-diesel](https://www.bloomberg.com/profile/company/MNELF:US) 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 is a region where car is king and fuel is low-cost, [frequently leaving](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) little incentive to find more [environmentally-friendly](https://www.pinterest.com.au/missionnewenergy/) ways of moving.<br>
<br>But this year, as protests throughout the [Middle East](https://pitchbook.com/profiles/company/51278-86) have risen the price of oil, the concern of [finding alternative](https://www.crunchbase.com/organization/mission-newenergy) [sources](https://www.google.com/search?kgmid=/m/0cqd_rb) of fuel has entered into [sharp focus](https://www.pinterest.com.au/missionnewenergy/).<br>
<br>In a region that has one of the highest carbon footprints in the world, one business is taking [advantage](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) of the growing pressure to find [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.pinterest.com.au/missionnewenergy/) first scheme to [recycle cooking](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) oil into [biodiesel](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). It's showing [rewarding](https://forest500.org/rankings/companies/mission-newenergy-limited) too, currently their [client-list](https://www.zoominfo.com/c/mission-newenergy/346542889) contains McDonald's.<br>
<br>Philip Hampsheir reports from Dubai.<br>
<br>[Special](https://www.zoominfo.com/c/mission-newenergy/346542889) report: The Technology of Business<br>
<br>Subsection<br>
<br>Business<br>
<br>23 August 2011<br>
<br>Read description<br>