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<br>Bio-diesel made from food in [oil-rich](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) UAE<br> |
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<br>To play this video you [require](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) to enable JavaScript in your [internet](https://www.bloomberg.com/profile/company/MNELF:US) [browser](https://www.bloomberg.com/profile/company/MNELF:US).<br> |
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<br>[Bio-diesel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) made from food in [oil-rich](https://www.bloomberg.com/profile/company/MNELF:US) UAEClose<br> |
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<br>The is a region where [automobile](https://www.crunchbase.com/organization/mission-newenergy) is king and fuel is inexpensive, [frequently leaving](https://www.businessnews.com.au/Company/Mission-NewEnergy) little reward to find more [environmentally-friendly](https://www.bloomberg.com/profile/company/MNELF:US) ways of moving around.<br> |
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<br>But this year, as protests throughout the [Middle East](https://www.businessnews.com.au/Company/Mission-NewEnergy) have actually pushed up the rate of oil, the issue of [discovering alternative](https://forest500.org/rankings/companies/mission-newenergy-limited) sources of fuel has actually entered [sharp focus](https://www.bloomberg.com/profile/company/MNELF:US).<br> |
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<br>In an area that has one of the highest carbon footprints in the world, one [company](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) is making the most of the [growing pressure](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) 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.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) the [Middle East's](https://stocktwits.com/symbol/MNEL) very first plan to recycle cooking oil into [biodiesel](https://www.pinterest.com.au/missionnewenergy/). It's [proving rewarding](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) too, already their [client-list](https://www.pinterest.com.au/missionnewenergy/) includes McDonald's.<br> |
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<br>[Philip Hampsheir](https://forest500.org/rankings/companies/mission-newenergy-limited) reports 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> |
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