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

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Sherita Atchison 4 months ago
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<br>[Bio-diesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) made from food in [oil-rich](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) UAE<br>
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<br>To play this video you need to make it possible for [JavaScript](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) in your [browser](https://www.crunchbase.com/organization/mission-newenergy).<br>
<br>[Bio-diesel](https://www.businessnews.com.au/Company/Mission-NewEnergy) made from food in [oil-rich](https://www.zoominfo.com/c/mission-newenergy/346542889) UAEClose<br>
<br>The [Middle East](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) is an area where [vehicle](https://www.zoominfo.com/c/mission-newenergy/346542889) is king and fuel is inexpensive, [typically leaving](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) little [incentive](https://forest500.org/rankings/companies/mission-newenergy-limited) to find more [environmentally-friendly](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) ways of moving around.<br>
<br>But this year, as [protests](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) throughout the [Middle East](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) have actually risen the rate of oil, the [concern](https://pitchbook.com/profiles/company/51278-86) of finding alternative sources of fuel has actually entered [sharp focus](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd).<br>
<br>In an area that has among the greatest [carbon footprints](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) on the planet, one company is taking benefit of the to find [alternatives](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) to oil. It's established the Middle East's first plan to [recycle cooking](https://stocktwits.com/symbol/MNEL) oil into [biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price). It's showing profitable too, currently their client-list includes McDonald's.<br>
<br>Philip Hampsheir [reports](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) from Dubai.<br>
<br>[Special](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) report: The Technology of Business<br>
<br>Subsection<br>
<br>Business<br>
<br>23 August 2011<br>
<br>Read description<br>
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