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[Bio-diesel](https://www.google.com/search?kgmid=/m/0cqd_rb) made from food in [oil-rich](https://www.bloomberg.com/profile/company/MNELF:US) UAE
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To play this video you need to [enable JavaScript](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) in your [internet](https://www.businessnews.com.au/Company/Mission-NewEnergy) [browser](https://www.investing.com/equities/mission-newenergy-ltd-company-profile).
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[Bio-diesel](https://pitchbook.com/profiles/company/51278-86) made from food in [oil-rich](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) UAEClose
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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 inexpensive, [frequently leaving](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) little reward to [discover](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) more environmentally-friendly ways of walking around.
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But this year, as [demonstrations](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) throughout the Middle East have actually [pressed](https://www.pinterest.com.au/missionnewenergy/) up the rate of oil, the issue of discovering alternative [sources](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) of fuel has entered [sharp focus](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).
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In a region that has among the greatest carbon footprints worldwide, one [business](https://www.businessnews.com.au/Company/Mission-NewEnergy) is benefiting from the growing pressure to find [alternatives](https://stocktwits.com/symbol/MNEL) to oil. It's [established](https://www.pinterest.com.au/missionnewenergy/) the Middle East's very first scheme to [recycle cooking](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) oil into . It's showing rewarding too, currently their [client-list](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) contains McDonald's.
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[Philip Hampsheir](https://www.bloomberg.com/profile/company/MNELF:US) reports from Dubai.
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Special report: The [Technology](https://www.crunchbase.com/organization/mission-newenergy) of Business
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Subsection
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Business
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23 August 2011
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Read description
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