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Roberta Belt 2025-01-18 20:45:04 +08:00
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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.energy-xprt.com/companies/mission-newenergy-limited-36048) UAE<br>
<br>This video can not be played<br>
<br>To play this video you need to [enable JavaScript](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) in your [browser](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html).<br>
<br>[Bio-diesel](https://www.businessnews.com.au/Company/Mission-NewEnergy) made from food in [oil-rich](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) UAEClose<br>
<br>The [Middle East](https://www.zoominfo.com/c/mission-newenergy/346542889) is a region where car is king and fuel is cheap, typically leaving little [incentive](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) to find more environmentally-friendly ways of moving around.<br>
<br>But this year, as demonstrations throughout the [Middle East](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) have risen the price of oil, the concern of [discovering alternative](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) sources of fuel has actually come into [sharp focus](https://pitchbook.com/profiles/company/51278-86).<br>
<br>In a region that has among the highest [carbon footprints](https://forest500.org/rankings/companies/mission-newenergy-limited) worldwide, one [organization](https://www.pinterest.com.au/missionnewenergy/) is making the most of the [growing pressure](https://forest500.org/rankings/companies/mission-newenergy-limited) to find [options](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) to oil. It's set up the [Middle East's](https://www.bloomberg.com/profile/company/MNELF:US) very first plan to oil into [biodiesel](https://www.zoominfo.com/c/mission-newenergy/346542889). It's [proving lucrative](https://www.businessnews.com.au/Company/Mission-NewEnergy) too, currently their client-list contains [McDonald's](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048).<br>
<br>Philip Hampsheir [reports](https://forest500.org/rankings/companies/mission-newenergy-limited) from Dubai.<br>
<br>Special report: The [Technology](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) of Business<br>
<br>Subsection<br>
<br>Business<br>
<br>23 August 2011<br>
<br>Read description<br>