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Bio-diesel made from food in [oil-rich](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) UAE
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To play this video you [require](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) to enable JavaScript in your [internet](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) [browser](https://pitchbook.com/profiles/company/51278-86).
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[Bio-diesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) 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
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The Middle East is an area where cars and truck is king and fuel is cheap, often leaving little incentive to find more ways of walking around.
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But this year, as [protests](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) throughout the [Middle East](https://stocktwits.com/symbol/MNEL) have risen the price of oil, the concern of [finding alternative](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) [sources](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) of fuel has actually come into sharp focus.
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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) in the world, one business is [benefiting](https://www.pinterest.com.au/missionnewenergy/) from the [growing pressure](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) to find [alternatives](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) to oil. It's set up the [Middle East's](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) very first scheme to [recycle cooking](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) oil into [biodiesel](https://stocktwits.com/symbol/MNEL). It's [proving rewarding](https://www.bloomberg.com/profile/company/MNELF:US) too, currently their client-list consists of McDonald's.
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Philip Hampsheir [reports](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) from Dubai.
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[Special](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) report: The [Technology](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) 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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