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

Kaley Claypool
2025-01-09 07:46:15 +00:00
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<br>Bio-diesel made from food in [oil-rich](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) UAE<br>
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<br>Bio-diesel made from food in oil-rich UAEClose<br>
<br>The [Middle East](https://pitchbook.com/profiles/company/51278-86) is an area where cars and truck is king and fuel is cheap, frequently leaving little incentive to find more [environmentally-friendly methods](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) of moving.<br>
<br>But this year, as protests throughout the Middle East have actually risen the rate of oil, the problem of discovering alternative [sources](https://www.crunchbase.com/organization/mission-newenergy) of fuel has come into sharp focus.<br>
<br>In a region that has among the highest carbon footprints on the planet, one company is benefiting from the growing pressure to find options to oil. It's set up the Middle East's very first plan to [recycle cooking](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) oil into [biodiesel](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). It's showing rewarding too, already their client-list contains McDonald's.<br>
<br>[Philip Hampsheir](https://stocktwits.com/symbol/MNEL) from Dubai.<br>
<br>Special report: The Technology of Business<br>
<br>Subsection<br>
<br>Business<br>
<br>23 August 2011<br>
<br>Read description<br>