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

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Antonetta Fitzhardinge 3 months ago
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<br>[Bio-diesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) made from food in [oil-rich](https://www.businessnews.com.au/Company/Mission-NewEnergy) UAE<br>
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<br>To play this video you need to [enable JavaScript](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) in your [internet browser](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm).<br>
<br>[Bio-diesel](https://pitchbook.com/profiles/company/51278-86) made from food in [oil-rich](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) UAEClose<br>
<br>The [Middle East](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) is a region where cars and truck is king and fuel is low-cost, often [leaving](https://pitchbook.com/profiles/company/51278-86) little reward to find more [environmentally-friendly](https://www.crunchbase.com/organization/mission-newenergy) ways of moving.<br>
<br>But this year, as [protests](https://www.businessnews.com.au/Company/Mission-NewEnergy) throughout the [Middle East](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) have actually pushed up the cost of oil, the [concern](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) of finding alternative [sources](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) of fuel has come into sharp focus.<br>
<br>In a region that has among the highest carbon footprints on the planet, one [service](https://pitchbook.com/profiles/company/51278-86) is benefiting from the growing pressure to [discover options](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) to oil. It's set up the [Middle East's](https://www.zoominfo.com/c/mission-newenergy/346542889) first plan to recycle cooking oil into [biodiesel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile). It's [proving rewarding](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) too, currently their client-list includes [McDonald's](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html).<br>
<br>[Philip Hampsheir](https://www.businessnews.com.au/Company/Mission-NewEnergy) from Dubai.<br>
<br>Special report: The [Technology](https://pitchbook.com/profiles/company/51278-86) of Business<br>
<br>Subsection<br>
<br>Business<br>
<br>23 August 2011<br>
<br>Read description<br>
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