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Maricruz Pastor 2025-01-12 15:12:21 +06:00
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<br>Bio-diesel made from food in oil-rich UAE<br>
<br>This video can not be played<br>
<br>To play this video you need to [enable JavaScript](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) in your web browser.<br>
<br>[Bio-diesel](https://www.google.com/search?kgmid=/m/0cqd_rb) made from food in [oil-rich](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) UAEClose<br>
<br>The [Middle East](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) is an area where [automobile](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) is king and fuel is cheap, often leaving little reward to find more [environmentally-friendly](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) ways of moving.<br>
<br>But this year, as [demonstrations](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) across the [Middle East](https://stocktwits.com/symbol/MNEL) have risen the price of oil, the issue of [discovering alternative](https://forest500.org/rankings/companies/mission-newenergy-limited) [sources](https://pitchbook.com/profiles/company/51278-86) of fuel has entered [sharp focus](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048).<br>
<br>In a region that has among the greatest on the planet, one [business](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) is [benefiting](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) from the [growing pressure](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) to find [options](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) to oil. It's [established](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) the [Middle East's](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) very first scheme to [recycle cooking](https://forest500.org/rankings/companies/mission-newenergy-limited) oil into [biodiesel](https://www.zoominfo.com/c/mission-newenergy/346542889). It's proving profitable too, already their client-list contains McDonald's.<br>
<br>Philip Hampsheir reports from Dubai.<br>
<br>[Special](https://www.pinterest.com.au/missionnewenergy/) report: The [Technology](https://www.zoominfo.com/c/mission-newenergy/346542889) of Business<br>
<br>Subsection<br>
<br>Business<br>
<br>23 August 2011<br>
<br>Read description<br>