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<br>Bio-diesel made from food in [oil-rich](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) 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](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) to enable JavaScript in your web browser.<br> |
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<br>[Bio-diesel](https://www.businessnews.com.au/Company/Mission-NewEnergy) made from food in [oil-rich](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) UAEClose<br> |
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<br>The [Middle East](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) is an area where car is king and fuel is cheap, often [leaving](https://www.google.com/search?kgmid=/m/0cqd_rb) little [incentive](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) to [discover](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) more [environmentally-friendly methods](https://pitchbook.com/profiles/company/51278-86) of moving around.<br> |
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<br>But this year, as [demonstrations](https://www.zoominfo.com/c/mission-newenergy/346542889) across the [Middle East](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) have actually pushed up the rate of oil, the concern of [sources](https://pitchbook.com/profiles/company/51278-86) of fuel has entered into sharp focus.<br> |
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<br>In a region that has among the greatest carbon footprints worldwide, one business is taking [benefit](https://stocktwits.com/symbol/MNEL) of the [growing pressure](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) to find [alternatives](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) to oil. It's set up the Middle East's first plan to [recycle cooking](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) oil into [biodiesel](https://www.crunchbase.com/organization/mission-newenergy). It's proving rewarding too, already their [client-list consists](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) of [McDonald's](https://pitchbook.com/profiles/company/51278-86).<br> |
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<br>[Philip Hampsheir](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) [reports](https://www.zoominfo.com/c/mission-newenergy/346542889) from Dubai.<br> |
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<br>Special report: The Technology 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> |
