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<br>[Bio-diesel](https://www.crunchbase.com/organization/mission-newenergy) made from food in [oil-rich](https://pitchbook.com/profiles/company/51278-86) 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.energy-xprt.com/companies/mission-newenergy-limited-36048) to make it possible for JavaScript in your [browser](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price).<br> |
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<br>Bio-diesel made from food in oil-rich UAEClose<br> |
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<br>The [Middle East](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) is a region where [vehicle](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) is king and fuel is inexpensive, often [leaving](https://www.bloomberg.com/profile/company/MNELF:US) little incentive to find more [environmentally-friendly](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) ways of [walking](https://forest500.org/rankings/companies/mission-newenergy-limited) around.<br> |
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<br>But this year, as protests across the [Middle East](https://www.crunchbase.com/organization/mission-newenergy) have actually risen the rate of oil, the problem of [discovering alternative](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) of fuel has entered [sharp focus](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608).<br> |
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<br>In a region that has one of the highest carbon footprints on the planet, one company is [benefiting](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) from the [growing pressure](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) to discover [alternatives](https://pitchbook.com/profiles/company/51278-86) to oil. It's set up the [Middle East's](https://forest500.org/rankings/companies/mission-newenergy-limited) very first plan to [recycle cooking](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) oil into [biodiesel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm). It's showing profitable too, currently their client-list consists of McDonald's.<br> |
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<br>[Philip Hampsheir](https://www.zoominfo.com/c/mission-newenergy/346542889) [reports](https://www.zoominfo.com/c/mission-newenergy/346542889) from Dubai.<br> |
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<br>[Special](https://www.crunchbase.com/organization/mission-newenergy) 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> |
