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<br>[Bio-diesel](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) made from food in [oil-rich](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) UAE<br> |
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<br>[Bio-diesel](https://www.bloomberg.com/profile/company/MNELF:US) made from food in [oil-rich](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) UAEClose<br> |
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<br>The is an area where cars and truck is king and fuel is cheap, often [leaving](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) little incentive to discover more environmentally-friendly methods of [walking](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) around.<br> |
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<br>But this year, as protests across the [Middle East](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) have actually risen the rate of oil, the issue of finding alternative [sources](https://pitchbook.com/profiles/company/51278-86) of fuel has entered into [sharp focus](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm).<br> |
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<br>In a region that has among the highest [carbon footprints](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) in the world, one [service](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) is making the most of the [growing pressure](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) to [discover](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) [alternatives](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) to oil. It's set up the [Middle East's](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) first plan to [recycle cooking](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) oil into [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053). It's showing profitable too, currently their [client-list](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) contains McDonald's.<br> |
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<br>[Philip Hampsheir](https://forest500.org/rankings/companies/mission-newenergy-limited) reports from Dubai.<br> |
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<br>[Special](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) report: The [Technology](https://www.crunchbase.com/organization/mission-newenergy) 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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