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Bio-diesel made from food in [oil-rich](https://www.crunchbase.com/organization/mission-newenergy) UAE
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To play this video you need to enable JavaScript in your [web browser](https://www.zoominfo.com/c/mission-newenergy/346542889).
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[Bio-diesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) made from food in [oil-rich](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) UAEClose
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The [Middle East](https://www.google.com/search?kgmid=/m/0cqd_rb) is a region where vehicle is king and fuel is cheap, [frequently leaving](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) little reward to discover more environmentally-friendly ways of moving around.
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But this year, as [protests](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) across the [Middle East](https://www.businessnews.com.au/Company/Mission-NewEnergy) have [pressed](https://forest500.org/rankings/companies/mission-newenergy-limited) up the cost of oil, the problem of [sources](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) of fuel has come into [sharp focus](https://www.crunchbase.com/organization/mission-newenergy).
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In an area that has one of the greatest carbon footprints on the planet, one company is benefiting from the [growing pressure](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) to find [options](https://forest500.org/rankings/companies/mission-newenergy-limited) to oil. It's set up the [Middle East's](https://stocktwits.com/symbol/MNEL) first scheme to [recycle cooking](https://forest500.org/rankings/companies/mission-newenergy-limited) oil into [biodiesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd). It's [proving successful](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) too, currently their client-list includes [McDonald's](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048).
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[Philip Hampsheir](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) [reports](https://forest500.org/rankings/companies/mission-newenergy-limited) from Dubai.
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Special report: The [Technology](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) 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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