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<br>[Bio-diesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) made from food in [oil-rich](https://www.crunchbase.com/organization/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 make it possible for [JavaScript](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) in your browser.<br>
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<br>[Bio-diesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) made from food in oil-rich UAEClose<br>
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<br>The Middle East is an area where [automobile](https://pitchbook.com/profiles/company/51278-86) is king and fuel is inexpensive, frequently leaving little reward to discover more environmentally-friendly ways of moving.<br>
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<br>But this year, as [demonstrations](https://www.crunchbase.com/organization/mission-newenergy) across the [Middle East](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) have actually pushed up the price of oil, the [concern](https://forest500.org/rankings/companies/mission-newenergy-limited) of [discovering alternative](https://www.zoominfo.com/c/mission-newenergy/346542889) of fuel has entered [sharp focus](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html).<br>
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<br>In a region that has one of the greatest carbon footprints worldwide, one service is [benefiting](https://stocktwits.com/symbol/MNEL) from the growing pressure to find options to oil. It's [established](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) the [Middle East's](https://forest500.org/rankings/companies/mission-newenergy-limited) first scheme to [recycle cooking](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) oil into [biodiesel](https://www.crunchbase.com/organization/mission-newenergy). It's [proving profitable](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) too, already their [client-list](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) contains [McDonald's](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/).<br>
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<br>Philip Hampsheir [reports](https://stocktwits.com/symbol/MNEL) from Dubai.<br>
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<br>[Special](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) report: The [Technology](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) 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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