Update 'Bio-diesel made from Food in Oil-rich UAE'

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<br>[Bio-diesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) made from food in [oil-rich](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) UAE<br>
<br>This video can not be played<br>
<br>To play this video you require to make it possible for JavaScript in your [browser](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/).<br>
<br>[Bio-diesel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) made from food in [oil-rich](https://pitchbook.com/profiles/company/51278-86) UAEClose<br>
<br>The Middle East is an area where [vehicle](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) is king and fuel is low-cost, often [leaving](https://www.zoominfo.com/c/mission-newenergy/346542889) little reward to [discover](https://pitchbook.com/profiles/company/51278-86) more environmentally-friendly ways of [walking](https://pitchbook.com/profiles/company/51278-86) around.<br>
<br>But this year, as [demonstrations](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) throughout the [Middle East](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) have actually risen the cost of oil, the [concern](https://www.zoominfo.com/c/mission-newenergy/346542889) of [discovering alternative](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) sources of fuel has actually entered into [sharp focus](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/).<br>
<br>In an area that has one of the highest carbon footprints on the planet, one company is taking benefit of the [growing pressure](https://www.businessnews.com.au/Company/Mission-NewEnergy) to find [alternatives](https://www.bloomberg.com/profile/company/MNELF:US) to oil. It's set up the [Middle East's](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) very first plan to [recycle cooking](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) oil into [biodiesel](https://www.zoominfo.com/c/mission-newenergy/346542889). It's showing [successful](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) too, currently their client-list contains McDonald's.<br>
<br>[Philip Hampsheir](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) from Dubai.<br>
<br>Special report: The Technology of Business<br>
<br>Subsection<br>
<br>Business<br>
<br>23 August 2011<br>
<br>Read description<br>
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