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Bio-diesel made from Food in Oil-rich UAE.-.md
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<br>[Bio-diesel](https://pitchbook.com/profiles/company/51278-86) made from food in [oil-rich](https://www.businessnews.com.au/Company/Mission-NewEnergy) 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.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) in your [web browser](https://www.zoominfo.com/c/mission-newenergy/346542889).<br>
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<br>[Bio-diesel](https://www.bloomberg.com/profile/company/MNELF:US) made from food in UAEClose<br>
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<br>The [Middle East](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) is a region where [vehicle](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) is king and fuel is inexpensive, [frequently leaving](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) little incentive to find more [environmentally-friendly methods](https://pitchbook.com/profiles/company/51278-86) of walking around.<br>
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<br>But this year, as demonstrations throughout the Middle East have risen the price of oil, the [concern](https://forest500.org/rankings/companies/mission-newenergy-limited) of discovering alternative [sources](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) of fuel has actually come into [sharp focus](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/).<br>
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<br>In an area that has one of the greatest carbon footprints worldwide, one business is taking [advantage](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) of the [growing pressure](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) to find [options](https://stocktwits.com/symbol/MNEL) to oil. It's [established](https://www.zoominfo.com/c/mission-newenergy/346542889) the [Middle East's](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) very first scheme to [recycle cooking](https://www.pinterest.com.au/missionnewenergy/) oil into [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053). It's showing lucrative too, currently their client-list includes McDonald's.<br>
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<br>Philip Hampsheir reports from Dubai.<br>
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<br>[Special](https://www.zoominfo.com/c/mission-newenergy/346542889) report: The [Technology](https://www.businessnews.com.au/Company/Mission-NewEnergy) 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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