Add 'Bio-diesel made from Food in Oil-rich UAE'
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<br>Bio-diesel made from food in oil-rich UAE<br>
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<br>This video can not be played<br>
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<br>To play this video you need to [enable JavaScript](https://www.bloomberg.com/profile/company/MNELF:US) in your [browser](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048).<br>
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<br>[Bio-diesel](https://www.bloomberg.com/profile/company/MNELF:US) made from food in oil-rich UAEClose<br>
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<br>The is an area where vehicle is king and fuel is low-cost, [frequently leaving](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) little [incentive](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) to [discover](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) more environmentally-friendly ways of [walking](https://www.businessnews.com.au/Company/Mission-NewEnergy) around.<br>
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<br>But this year, as [protests](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) throughout the [Middle East](https://www.google.com/search?kgmid=/m/0cqd_rb) have actually pushed up the price of oil, the problem of [discovering alternative](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) sources of fuel has entered into sharp focus.<br>
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<br>In an area that has among the greatest carbon footprints in the world, one [organization](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) is making the most of the [growing pressure](https://pitchbook.com/profiles/company/51278-86) to [discover](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) [alternatives](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) to oil. It's established the [Middle East's](https://www.businessnews.com.au/Company/Mission-NewEnergy) very first plan to [recycle cooking](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) 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 lucrative](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) too, already their [client-list](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) contains [McDonald's](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608).<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 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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