Add Bio-diesel made from Food in Oil-rich UAE
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Bio-diesel made from Food in Oil-rich UAE.-.md
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<br>[Bio-diesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) made from food in [oil-rich](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) UAE<br>
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<br>To play this video you need to allow [JavaScript](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) in your web browser.<br>
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<br>[Bio-diesel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) made from food in [oil-rich](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) UAEClose<br>
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<br>The [Middle East](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) is an area where car is king and fuel is cheap, [typically leaving](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) little reward to find more [environmentally-friendly methods](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) of moving.<br>
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<br>But this year, as [protests](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) across the [Middle East](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) have pushed up the price of oil, the problem of [finding alternative](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) of fuel has entered sharp focus.<br>
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<br>In a region that has among the greatest carbon footprints on the planet, one [service](https://www.zoominfo.com/c/mission-newenergy/346542889) is taking [advantage](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) of the [growing pressure](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) to [discover](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) [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.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) first plan to recycle cooking oil into [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053). It's [proving profitable](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) too, already their client-list includes McDonald's.<br>
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<br>[Philip Hampsheir](https://pitchbook.com/profiles/company/51278-86) [reports](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) from Dubai.<br>
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<br>Special report: The Technology 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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