Bio-diesel made from Food in Oil-rich UAE (#2) · Issues · Drew Melba / mission-newenergy-ltd

Bio-diesel made from Food in Oil-rich UAE

Bio-diesel made from food in oil-rich UAE

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The Middle East is an area where car is king and fuel is inexpensive, frequently leaving little reward to find more environmentally-friendly methods of walking around.

But this year, as demonstrations throughout the Middle East have actually pushed up the rate of oil, the problem of finding alternative sources of fuel has actually entered into sharp focus.

In a region that has among the highest carbon footprints worldwide, one company is benefiting from the growing pressure to find alternatives to oil. It's set up the Middle East's very first scheme to recycle cooking oil into biodiesel. It's showing rewarding too, currently their client-list contains McDonald's.

Philip Hampsheir reports from Dubai.

Special report: The Technology of Business

Subsection

Business

23 August 2011

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[Bio-diesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) 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 
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 To play this video you [require](https://www.google.com/search?kgmid=/m/0cqd_rb) to [enable JavaScript](https://forest500.org/rankings/companies/mission-newenergy-limited) in your [web browser](https://www.zoominfo.com/c/mission-newenergy/346542889). 
 made from food in [oil-rich](https://pitchbook.com/profiles/company/51278-86) UAEClose 
 The [Middle East](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) is an area where car is king and fuel is inexpensive, [frequently leaving](https://forest500.org/rankings/companies/mission-newenergy-limited) little reward to find more [environmentally-friendly methods](https://pitchbook.com/profiles/company/51278-86) of [walking](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) around. 
 But this year, as [demonstrations](https://stocktwits.com/symbol/MNEL) throughout the [Middle East](https://stocktwits.com/symbol/MNEL) have actually pushed up the rate of oil, the problem of [finding alternative](https://www.google.com/search?kgmid=/m/0cqd_rb) [sources](https://stocktwits.com/symbol/MNEL) of fuel has actually entered into [sharp focus](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608). 
 In a region that has among the highest [carbon footprints](https://pitchbook.com/profiles/company/51278-86) worldwide, one [company](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) is benefiting from the growing pressure to find alternatives to oil. It's set up the [Middle East's](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) very first scheme to recycle cooking oil into [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053). It's showing [rewarding](https://stocktwits.com/symbol/MNEL) too, currently their client-list contains McDonald's. 
 Philip Hampsheir reports from Dubai. 
 [Special](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) report: The Technology of Business 
 Subsection 
 Business 
 23 August 2011 
 Read description