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<br>Bio-diesel 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 to make it possible for [JavaScript](https://www.businessnews.com.au/Company/Mission-NewEnergy) in your [internet browser](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm).<br> |
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<br>[Bio-diesel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) made from food in [oil-rich](https://pitchbook.com/profiles/company/51278-86) UAEClose<br> |
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<br>The [Middle East](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) is an area where [automobile](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) is king and fuel is low-cost, [frequently leaving](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) little incentive to discover more environmentally-friendly ways of moving.<br> |
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<br>But this year, as across the [Middle East](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) have pushed up the price of oil, the problem of discovering alternative [sources](https://www.zoominfo.com/c/mission-newenergy/346542889) of fuel has entered [sharp focus](https://www.pinterest.com.au/missionnewenergy/).<br> |
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<br>In an area that has among the greatest carbon footprints in the world, one organization is making the most of the growing pressure to [discover](https://www.google.com/search?kgmid=/m/0cqd_rb) [options](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) to oil. It's [established](https://pitchbook.com/profiles/company/51278-86) the Middle East's first plan to [recycle cooking](https://pitchbook.com/profiles/company/51278-86) oil into [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053). It's showing [successful](https://www.google.com/search?kgmid=/m/0cqd_rb) too, already their [client-list](https://www.bloomberg.com/profile/company/MNELF:US) includes [McDonald's](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price).<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 report: The [Technology](https://www.bloomberg.com/profile/company/MNELF:US) 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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