Add Bio-diesel made from Food in Oil-rich UAE
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<br>[Bio-diesel](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) made from food in [oil-rich](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) 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.crunchbase.com/organization/mission-newenergy) to make it possible for JavaScript in your web browser.<br>
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<br>[Bio-diesel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) made from food in [oil-rich](https://pitchbook.com/profiles/company/51278-86) UAEClose<br>
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<br>The [Middle East](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) is an area where [vehicle](https://www.crunchbase.com/organization/mission-newenergy) is king and fuel is inexpensive, often [leaving](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) little [incentive](https://stocktwits.com/symbol/MNEL) to more [environmentally-friendly](https://www.google.com/search?kgmid=/m/0cqd_rb) ways of moving.<br>
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<br>But this year, as protests across the [Middle East](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) have actually pushed up the cost of oil, the problem of [discovering alternative](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) [sources](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) of fuel has actually entered [sharp focus](https://www.bloomberg.com/profile/company/MNELF:US).<br>
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<br>In a region that has among the greatest [carbon footprints](https://www.pinterest.com.au/missionnewenergy/) in the world, one company is [benefiting](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) from the growing pressure to find options to oil. It's set up the [Middle East's](https://www.bloomberg.com/profile/company/MNELF:US) first scheme to [recycle cooking](https://pitchbook.com/profiles/company/51278-86) oil into [biodiesel](https://www.businessnews.com.au/Company/Mission-NewEnergy). It's [proving rewarding](https://stocktwits.com/symbol/MNEL) too, currently their [client-list](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) includes McDonald's.<br>
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<br>Philip Hampsheir 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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