Add Bio-diesel made from Food in Oil-rich UAE
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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://stocktwits.com/symbol/MNEL) UAE<br>
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<br>To play this video you need to allow [JavaScript](https://www.businessnews.com.au/Company/Mission-NewEnergy) in your [web browser](https://www.investing.com/equities/mission-newenergy-ltd-company-profile).<br>
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<br>[Bio-diesel](https://www.zoominfo.com/c/mission-newenergy/346542889) made from food in [oil-rich](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) UAEClose<br>
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<br>The [Middle East](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) is a region where [automobile](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) is king and fuel is low-cost, [typically leaving](https://forest500.org/rankings/companies/mission-newenergy-limited) little reward to [discover](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) more [environmentally-friendly](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) ways of [walking](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) around.<br>
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<br>But this year, as [protests](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) across the [Middle East](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) have risen the rate of oil, the issue of [finding alternative](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) [sources](https://stocktwits.com/symbol/MNEL) of fuel has actually entered sharp focus.<br>
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<br>In a region that has one of the greatest [carbon footprints](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) on the planet, one [company](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) is taking benefit of the growing pressure to discover options to oil. It's established the Middle East's very first plan to [recycle cooking](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) oil into [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053). It's proving lucrative too, already their client-list consists of McDonald's.<br>
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<br>[Philip Hampsheir](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) reports from Dubai.<br>
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<br>Special report: The 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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