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[Bio-diesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) made from food in [oil-rich](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) UAE
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[Bio-diesel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) made from food in [oil-rich](https://www.pinterest.com.au/missionnewenergy/) UAEClose
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The [Middle East](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) is an area where [automobile](https://www.google.com/search?kgmid=/m/0cqd_rb) is king and fuel is cheap, [typically leaving](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) little incentive to find more environmentally-friendly methods of [walking](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) around.
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But this year, as [protests](https://www.google.com/search?kgmid=/m/0cqd_rb) across the [Middle East](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) have risen the rate of oil, the issue of [finding alternative](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) sources of fuel has actually entered [sharp focus](https://www.investing.com/equities/mission-newenergy-ltd-company-profile).
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In a region that has one of the greatest [carbon footprints](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) in the world, one company is taking [benefit](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) of the [growing pressure](https://www.google.com/search?kgmid=/m/0cqd_rb) to find to oil. It's [established](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) the [Middle East's](https://www.bloomberg.com/profile/company/MNELF:US) very first plan to [recycle cooking](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) oil into [biodiesel](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). It's showing successful too, already their client-list includes McDonald's.
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[Philip Hampsheir](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) [reports](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) 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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