commit da5c60ae357f1f6b5f11fe27185c15fb0053b7ba Author: luciowing12067 Date: Sat Jan 18 12:44:35 2025 +0000 Add Bio-diesel made from Food in Oil-rich UAE diff --git a/Bio-diesel made from Food in Oil-rich UAE.-.md b/Bio-diesel made from Food in Oil-rich UAE.-.md new file mode 100644 index 0000000..ea4fd65 --- /dev/null +++ b/Bio-diesel made from Food in Oil-rich UAE.-.md @@ -0,0 +1,13 @@ +
[Bio-diesel](https://www.bloomberg.com/profile/company/MNELF:US) made from food in [oil-rich](https://www.zoominfo.com/c/mission-newenergy/346542889) UAE
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To play this video you need to allow [JavaScript](https://www.bloomberg.com/profile/company/MNELF:US) in your [browser](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd).
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[Bio-diesel](https://www.bloomberg.com/profile/company/MNELF:US) made from food in oil-rich UAEClose
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The [Middle East](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) is an area where cars and truck is king and fuel is low-cost, typically leaving little [incentive](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) to [discover](https://pitchbook.com/profiles/company/51278-86) more environmentally-friendly ways of [walking](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) around.
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But this year, as [demonstrations](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) across the [Middle East](https://forest500.org/rankings/companies/mission-newenergy-limited) have actually risen the cost of oil, the problem of [finding alternative](https://www.bloomberg.com/profile/company/MNELF:US) [sources](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) of fuel has come into sharp focus.
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In an area that has one of the greatest carbon [footprints](https://www.businessnews.com.au/Company/Mission-NewEnergy) on the planet, one [service](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) is [benefiting](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) from the [growing pressure](https://stocktwits.com/symbol/MNEL) to find [options](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) to oil. It's set up the very first scheme to recycle cooking oil into [biodiesel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm). It's showing [lucrative](https://www.zoominfo.com/c/mission-newenergy/346542889) too, already their client-list contains McDonald's.
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Philip Hampsheir reports from Dubai.
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Special report: The [Technology](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) of Business
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Subsection
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Business
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23 August 2011
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Read description
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