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Bio-diesel made from food in [oil-rich](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) UAE
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Bio-diesel made from food in oil-rich UAEClose
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The [Middle East](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) is an area where [vehicle](https://www.zoominfo.com/c/mission-newenergy/346542889) is king and fuel is cheap, typically leaving little [incentive](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) to find more environmentally-friendly methods of moving.
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But this year, as [protests](https://stocktwits.com/symbol/MNEL) across the Middle East have actually risen the rate of oil, the [concern](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) of [discovering alternative](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) [sources](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) of fuel has actually entered into [sharp focus](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html).
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In a region that has one of the highest carbon footprints in the world, one [organization](https://www.pinterest.com.au/missionnewenergy/) is making the most of the [growing pressure](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) to [discover options](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) to oil. It's [established](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) the [Middle East's](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) first plan to recycle cooking oil into [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html). It's showing [lucrative](https://www.pinterest.com.au/missionnewenergy/) too, already their of [McDonald's](https://www.pinterest.com.au/missionnewenergy/).
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[Philip Hampsheir](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) [reports](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) from Dubai.
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[Special](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) report: The [Technology](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) of Business
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Subsection
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Business
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23 August 2011
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