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<br>Bio-diesel made from food in [oil-rich](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) UAE<br> |
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<br>This video can not be played<br> |
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<br>To play this video you require to enable JavaScript in your [browser](https://stocktwits.com/symbol/MNEL).<br> |
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<br>[Bio-diesel](https://www.bloomberg.com/profile/company/MNELF:US) made from food in [oil-rich](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) UAEClose<br> |
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<br>The [Middle East](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) is a region where car is king and fuel is low-cost, often [leaving](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) 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 ways of walking around.<br> |
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<br>But this year, as [protests](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) across the [Middle East](https://www.bloomberg.com/profile/company/MNELF:US) have actually risen the cost of oil, the problem of [finding alternative](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) sources of fuel has come into [sharp focus](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd).<br> |
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<br>In an area that has among the greatest carbon footprints worldwide, one organization is taking [benefit](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://forest500.org/rankings/companies/mission-newenergy-limited) to find [alternatives](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) to oil. It's [established](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) the [Middle East's](https://pitchbook.com/profiles/company/51278-86) very first scheme to [recycle cooking](https://stocktwits.com/symbol/MNEL) oil into [biodiesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd). It's showing [profitable](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) too, currently their client-list consists of McDonald's.<br> |
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<br>Philip Hampsheir [reports](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) from Dubai.<br> |
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<br>[Special](https://www.google.com/search?kgmid=/m/0cqd_rb) 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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