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[Bio-diesel](https://forest500.org/rankings/companies/mission-newenergy-limited) made from food in [oil-rich](https://forest500.org/rankings/companies/mission-newenergy-limited) UAE
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To play this video you need to enable JavaScript in your [web browser](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html).
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[Bio-diesel](https://www.bloomberg.com/profile/company/MNELF:US) made from food in oil-rich UAEClose
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The Middle East is an area where [vehicle](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) is king and fuel is cheap, frequently leaving little incentive to discover more environmentally-friendly methods of [walking](https://pitchbook.com/profiles/company/51278-86) around.
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But this year, as [protests](https://pitchbook.com/profiles/company/51278-86) throughout the [Middle East](https://www.google.com/search?kgmid=/m/0cqd_rb) have pushed up the rate of oil, the issue of [discovering alternative](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) [sources](https://www.businessnews.com.au/Company/Mission-NewEnergy) of fuel has come into [sharp focus](https://www.google.com/search?kgmid=/m/0cqd_rb).
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In a region that has one of the greatest carbon footprints in the world, one is making the most of the [growing](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) [pressure](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) to [discover options](https://forest500.org/rankings/companies/mission-newenergy-limited) to oil. It's established the Middle East's very first plan to [recycle cooking](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) oil into [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html). It's [proving lucrative](https://www.pinterest.com.au/missionnewenergy/) too, already their [client-list](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) contains [McDonald's](https://www.businessnews.com.au/Company/Mission-NewEnergy).
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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 report: The Technology 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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