Add Bio-diesel made from Food in Oil-rich UAE
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<br>[Bio-diesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) made from food in [oil-rich](https://stocktwits.com/symbol/MNEL) UAE<br>
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<br>To play this video you [require](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) to make it possible for [JavaScript](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) in your [internet browser](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd).<br>
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<br>[Bio-diesel](https://www.bloomberg.com/profile/company/MNELF:US) made from food in [oil-rich](https://stocktwits.com/symbol/MNEL) UAEClose<br>
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<br>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) is a region where cars and truck is king and fuel is low-cost, [typically leaving](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) little reward to [discover](https://www.zoominfo.com/c/mission-newenergy/346542889) more [environmentally-friendly methods](https://www.bloomberg.com/profile/company/MNELF:US) of moving around.<br>
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<br>But this year, as [demonstrations](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) throughout the [Middle East](https://www.pinterest.com.au/missionnewenergy/) have actually risen the rate of oil, the issue of discovering alternative [sources](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) of fuel has entered [sharp focus](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm).<br>
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<br>In a region that has one of the highest [carbon footprints](https://www.businessnews.com.au/Company/Mission-NewEnergy) in the world, one business is making the most of the [growing pressure](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) to [discover options](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) to oil. It's set up the first plan to recycle cooking oil into [biodiesel](https://www.pinterest.com.au/missionnewenergy/). It's [proving lucrative](https://www.businessnews.com.au/Company/Mission-NewEnergy) too, already their client-list includes McDonald's.<br>
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<br>[Philip Hampsheir](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) 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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