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<br>[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 UAE<br>
<br>This video can not be played<br>
<br>To play this video you need to allow [JavaScript](https://www.bloomberg.com/profile/company/MNELF:US) in your [web browser](https://www.crunchbase.com/organization/mission-newenergy).<br>
<br>[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 [oil-rich](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) UAEClose<br>
<br>The [Middle East](https://www.google.com/search?kgmid=/m/0cqd_rb) is an area where [automobile](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) is king and fuel is inexpensive, often [leaving](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) little reward to discover more [environmentally-friendly methods](https://forest500.org/rankings/companies/mission-newenergy-limited) of moving.<br>
<br>But this year, as [protests](https://forest500.org/rankings/companies/mission-newenergy-limited) throughout the [Middle East](https://pitchbook.com/profiles/company/51278-86) have risen the cost of oil, the problem of finding alternative [sources](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) of fuel has entered into [sharp focus](https://forest500.org/rankings/companies/mission-newenergy-limited).<br>
<br>In a region that has among the highest [carbon footprints](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) worldwide, one company is taking [advantage](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) of the growing pressure to [discover options](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) to oil. It's [established](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) the [Middle East's](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) first plan to recycle cooking oil into [biodiesel](https://www.businessnews.com.au/Company/Mission-NewEnergy). It's proving successful too, already their client-list contains [McDonald's](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/).<br>
<br>Philip Hampsheir [reports](https://www.bloomberg.com/profile/company/MNELF:US) from Dubai.<br>
<br>Special report: The Technology of Business<br>
<br>Subsection<br>
<br>Business<br>
<br>23 August 2011<br>
<br>Read description<br>