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[Bio-diesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) made from food in [oil-rich](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) UAE
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[Bio-diesel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) made from food in oil-rich UAEClose
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The [Middle East](https://www.businessnews.com.au/Company/Mission-NewEnergy) is an area where car is king and fuel is low-cost, [frequently leaving](https://pitchbook.com/profiles/company/51278-86) little [incentive](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) to [discover](https://www.google.com/search?kgmid=/m/0cqd_rb) more [environmentally-friendly](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) [methods](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) of moving around.
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But this year, as [protests](https://www.google.com/search?kgmid=/m/0cqd_rb) throughout the [Middle East](https://www.businessnews.com.au/Company/Mission-NewEnergy) have risen the cost of oil, the issue of [discovering alternative](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) sources of fuel has actually entered into sharp focus.
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In an area that has one of the greatest carbon footprints on the planet, one company is making the most of the growing pressure to find to oil. It's [established](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) the [Middle East's](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) first plan to [recycle cooking](https://forest500.org/rankings/companies/mission-newenergy-limited) oil into [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html). It's proving profitable too, currently their client-list consists of McDonald's.
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[Philip Hampsheir](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) [reports](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) from Dubai.
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[Special](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) report: The [Technology](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) 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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