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<br>[Bio-diesel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) made from food in [oil-rich](https://www.pinterest.com.au/missionnewenergy/) UAE<br>
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<br>To play this video you [require](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) to allow [JavaScript](https://www.pinterest.com.au/missionnewenergy/) in your [browser](https://www.bloomberg.com/profile/company/MNELF:US).<br>
<br>[Bio-diesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) made from food in oil-rich UAEClose<br>
<br>The Middle East is an area where automobile is king and fuel is low-cost, typically leaving little incentive to discover more ways of moving.<br>
<br>But this year, as [demonstrations](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) across the [Middle East](https://pitchbook.com/profiles/company/51278-86) have pushed up the rate of oil, the [concern](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) of [discovering alternative](https://www.google.com/search?kgmid=/m/0cqd_rb) sources of fuel has actually entered sharp focus.<br>
<br>In a region that has one of the greatest [carbon footprints](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) on the planet, one business is [benefiting](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) from the growing pressure to find [alternatives](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) to oil. It's [established](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) the [Middle East's](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) very first scheme to [recycle cooking](https://www.pinterest.com.au/missionnewenergy/) oil into [biodiesel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm). It's showing [profitable](https://www.bloomberg.com/profile/company/MNELF:US) too, currently 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.<br>
<br>[Philip Hampsheir](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) reports from Dubai.<br>
<br>[Special](https://www.bloomberg.com/profile/company/MNELF:US) report: The Technology of Business<br>
<br>Subsection<br>
<br>Business<br>
<br>23 August 2011<br>
<br>Read description<br>
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