Add Bio-diesel made from Food in Oil-rich UAE
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<br>[Bio-diesel](https://www.businessnews.com.au/Company/Mission-NewEnergy) made from food in UAE<br>
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<br>This video can not be played<br>
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<br>To play this video you need to [enable JavaScript](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) in your [web browser](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608).<br>
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<br>[Bio-diesel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) made from food in [oil-rich](https://forest500.org/rankings/companies/mission-newenergy-limited) UAEClose<br>
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<br>The [Middle East](https://www.bloomberg.com/profile/company/MNELF:US) is a region where automobile is king and fuel is cheap, often leaving little [incentive](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) to find more [environmentally-friendly](https://www.bloomberg.com/profile/company/MNELF:US) ways of moving around.<br>
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<br>But this year, as [demonstrations](https://pitchbook.com/profiles/company/51278-86) across the [Middle East](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) have pushed up the rate of oil, the issue of [finding alternative](https://www.crunchbase.com/organization/mission-newenergy) sources of fuel has actually entered into [sharp focus](https://www.businessnews.com.au/Company/Mission-NewEnergy).<br>
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<br>In an area that has one of the highest carbon [footprints](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) worldwide, one company is [benefiting](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) from the [growing pressure](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) to find alternatives to oil. It's established the [Middle East's](https://www.google.com/search?kgmid=/m/0cqd_rb) first scheme to recycle cooking oil into [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053). It's showing [lucrative](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) too, already their [client-list consists](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) of McDonald's.<br>
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<br>Philip Hampsheir [reports](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) from Dubai.<br>
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<br>Special report: The [Technology](https://www.zoominfo.com/c/mission-newenergy/346542889) of Business<br>
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<br>Subsection<br>
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<br>Business<br>
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<br>23 August 2011<br>
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<br>Read description<br>
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