<br>In recent history biofuels such as [biodiesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) and [bioethanol](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) have actually become big business around the world. Many countries have taken an eager interest in their [continued manufacture](https://www.bloomberg.com/profile/company/MNELF:US) and usage, including establishing nations such as Brazil which is seen as a world leader in [biofuel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) development. Even smaller sized nations such as the [United Kingdom](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) presently utilize around one and a half million litres of biofuel a year and aim to increase this three-fold within the next ten years.<br>
