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[Bio-diesel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) made from food in UAE
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To play this video you need to make it possible for [JavaScript](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) in your [web browser](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048).
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[Bio-diesel](https://www.zoominfo.com/c/mission-newenergy/346542889) 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) UAEClose
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The [Middle East](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) is a region where cars and truck is king and fuel is inexpensive, frequently leaving little reward to discover more [environmentally-friendly methods](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) of walking around.
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But this year, as [protests](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) throughout the [Middle East](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) have actually risen the price of oil, the problem of [finding alternative](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) [sources](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) of fuel has actually entered into sharp focus.
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In an area that has one of the greatest carbon [footprints](https://pitchbook.com/profiles/company/51278-86) on the planet, one [business](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) is making the most of the [growing pressure](https://forest500.org/rankings/companies/mission-newenergy-limited) to [discover alternatives](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) to oil. It's [established](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) the Middle East's first plan to recycle cooking oil into [biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/). It's showing profitable too, already their [client-list](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) includes McDonald's.
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[Philip Hampsheir](https://pitchbook.com/profiles/company/51278-86) [reports](https://www.google.com/search?kgmid=/m/0cqd_rb) from Dubai.
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[Special](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) 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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