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

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Jens Carrasco 4 months ago
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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 [enable JavaScript](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) in your [browser](https://www.crunchbase.com/organization/mission-newenergy).<br>
<br>Bio-diesel made from food in oil-rich UAEClose<br>
<br>The [Middle East](https://www.pinterest.com.au/missionnewenergy/) is an area where [vehicle](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) is king and fuel is low-cost, [typically leaving](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) little [incentive](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) to find more [environmentally-friendly](https://forest500.org/rankings/companies/mission-newenergy-limited) ways of [walking](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) around.<br>
<br>But this year, as [demonstrations](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) throughout the [Middle East](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) have actually pushed up the cost of oil, the problem of [finding alternative](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) sources of fuel has entered into sharp focus.<br>
<br>In a region that has one of the greatest [carbon footprints](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) worldwide, one [service](https://www.zoominfo.com/c/mission-newenergy/346542889) is making the most of the growing pressure to find [alternatives](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) to oil. It's [established](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) the [Middle East's](https://www.crunchbase.com/organization/mission-newenergy) first scheme to recycle cooking oil into [biodiesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd). It's proving profitable too, currently their [client-list](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) contains McDonald's.<br>
<br>Philip Hampsheir [reports](https://www.google.com/search?kgmid=/m/0cqd_rb) from Dubai.<br>
<br>[Special](https://www.businessnews.com.au/Company/Mission-NewEnergy) 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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