commit fa1c162ef6b7da61622e3b2107a725cc0996be7d Author: celiaamundson Date: Sat Jan 11 14:17:02 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..b12dd26 --- /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.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) UAE
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To play this video you need to allow [JavaScript](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) in your [browser](https://stocktwits.com/symbol/MNEL).
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[Bio-diesel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) made from food in [oil-rich](https://stocktwits.com/symbol/MNEL) UAEClose
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The [Middle East](https://pitchbook.com/profiles/company/51278-86) is a region where cars and truck is king and fuel is inexpensive, [frequently leaving](https://www.crunchbase.com/organization/mission-newenergy) little [incentive](https://www.zoominfo.com/c/mission-newenergy/346542889) to find more of [walking](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) around.
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But this year, as [protests](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) across the Middle East have actually pushed up the price of oil, the [concern](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) of [discovering alternative](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) [sources](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) of fuel has actually entered [sharp focus](https://www.investing.com/equities/mission-newenergy-ltd-company-profile).
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In a region that has one of the highest [carbon footprints](https://www.google.com/search?kgmid=/m/0cqd_rb) in the world, one [company](https://www.google.com/search?kgmid=/m/0cqd_rb) is benefiting from the growing pressure to discover [options](https://pitchbook.com/profiles/company/51278-86) to oil. It's set up the Middle East's very first scheme to [recycle cooking](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) oil into [biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price). It's proving successful too, currently their client-list includes McDonald's.
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[Philip Hampsheir](https://www.bloomberg.com/profile/company/MNELF:US) reports from Dubai.
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Special report: The Technology 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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