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<br>[Bio-diesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) made from food in [oil-rich](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) 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.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) to make it possible for [JavaScript](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) in your web browser.<br> |
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<br>[Bio-diesel](https://forest500.org/rankings/companies/mission-newenergy-limited) made from food in oil-rich UAEClose<br> |
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<br>The [Middle East](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) is an area where cars and truck is king and fuel is cheap, often leaving little reward to find more environmentally-friendly methods of moving.<br> |
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<br>But this year, as across the [Middle East](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) have pushed up the cost of oil, the [concern](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) of [discovering alternative](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) [sources](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) of fuel has entered into [sharp focus](https://www.bloomberg.com/profile/company/MNELF:US).<br> |
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<br>In an area that has one of the greatest carbon footprints on the planet, one [company](https://www.crunchbase.com/organization/mission-newenergy) is making the most of the [growing pressure](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) to [discover alternatives](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) to oil. It's established the [Middle East's](https://forest500.org/rankings/companies/mission-newenergy-limited) very first plan to [recycle cooking](https://www.zoominfo.com/c/mission-newenergy/346542889) oil into [biodiesel](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). It's proving successful 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](https://www.investing.com/equities/mission-newenergy-ltd-company-profile).<br> |
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<br>Philip Hampsheir [reports](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) from Dubai.<br> |
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<br>Special report: The [Technology](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) 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> |
