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<br>[Bio-diesel](https://www.bloomberg.com/profile/company/MNELF:US) made from food in [oil-rich](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) 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 make it possible for [JavaScript](https://pitchbook.com/profiles/company/51278-86) in your .<br> |
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<br>[Bio-diesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) made from food in [oil-rich](https://forest500.org/rankings/companies/mission-newenergy-limited) UAEClose<br> |
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<br>The [Middle East](https://www.pinterest.com.au/missionnewenergy/) is a region where [automobile](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) is king and fuel is cheap, [frequently leaving](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) little reward to discover more environmentally-friendly methods of walking around.<br> |
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<br>But this year, as [demonstrations](https://stocktwits.com/symbol/MNEL) throughout the [Middle East](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) have risen the cost of oil, the issue of [discovering alternative](https://www.zoominfo.com/c/mission-newenergy/346542889) [sources](https://www.pinterest.com.au/missionnewenergy/) of fuel has actually come into [sharp focus](https://www.zoominfo.com/c/mission-newenergy/346542889).<br> |
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<br>In a region that has among the greatest [carbon footprints](https://forest500.org/rankings/companies/mission-newenergy-limited) on the planet, one [business](https://www.google.com/search?kgmid=/m/0cqd_rb) is benefiting from the growing pressure to [discover](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) options to oil. It's established the Middle East's very first plan to recycle cooking oil into [biodiesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd). It's [proving lucrative](https://www.businessnews.com.au/Company/Mission-NewEnergy) too, currently their [client-list consists](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) of [McDonald's](https://www.zoominfo.com/c/mission-newenergy/346542889).<br> |
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<br>Philip Hampsheir reports from Dubai.<br> |
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<br>Special report: The [Technology](https://pitchbook.com/profiles/company/51278-86) 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> |
