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[Bio-diesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) made from food in [oil-rich](https://www.bloomberg.com/profile/company/MNELF:US) UAE
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To play this video you [require](https://www.zoominfo.com/c/mission-newenergy/346542889) to allow [JavaScript](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) in your web browser.
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[Bio-diesel](https://www.zoominfo.com/c/mission-newenergy/346542889) made from food in oil-rich UAEClose
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The is a region where [vehicle](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) is king and fuel is inexpensive, typically leaving little [incentive](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) to [discover](https://forest500.org/rankings/companies/mission-newenergy-limited) more [environmentally-friendly](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) ways of moving around.
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But this year, as [demonstrations](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) across the [Middle East](https://stocktwits.com/symbol/MNEL) have [pressed](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) up the cost of oil, the issue of [discovering alternative](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) [sources](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) of fuel has actually entered into [sharp focus](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/).
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In an area that has one of the highest carbon footprints worldwide, one company is making the most of the growing pressure to find options to oil. It's set up the Middle East's very first scheme to recycle cooking oil into [biodiesel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608). It's [proving lucrative](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) too, already their client-list consists of [McDonald's](https://www.businessnews.com.au/Company/Mission-NewEnergy).
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Philip Hampsheir [reports](https://www.bloomberg.com/profile/company/MNELF:US) from Dubai.
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[Special](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) report: The [Technology](https://forest500.org/rankings/companies/mission-newenergy-limited) 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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