Bio-diesel made from Food in Oil-rich UAE (#1) · Issues · Lea Segal / mission-biofuels-sdn.-bhd

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, typically leaving little incentive to discover more environmentally-friendly ways of moving around.

But this year, as protests throughout the Middle East have risen the price of oil, the concern of discovering alternative sources of fuel has actually entered into sharp focus.

In a region that has one of the highest carbon footprints on the planet, one organization is benefiting from the growing pressure to discover alternatives to oil. It's established the very first scheme to recycle cooking oil into biodiesel. It's showing successful too, already 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.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) made from food in [oil-rich](https://www.pinterest.com.au/missionnewenergy/) UAE 
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 To play this video you [require](https://www.zoominfo.com/c/mission-newenergy/346542889) to allow [JavaScript](https://www.businessnews.com.au/Company/Mission-NewEnergy) in your [browser](https://www.pinterest.com.au/missionnewenergy/). 
 [Bio-diesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) made from food in [oil-rich](https://forest500.org/rankings/companies/mission-newenergy-limited) UAEClose 
 The [Middle East](https://pitchbook.com/profiles/company/51278-86) is an area where car is king and fuel is inexpensive, [typically leaving](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) little [incentive](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) to [discover](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) more environmentally-friendly ways of moving around. 
 But this year, as [protests](https://pitchbook.com/profiles/company/51278-86) throughout the Middle East have risen the price of oil, the [concern](https://forest500.org/rankings/companies/mission-newenergy-limited) of discovering alternative [sources](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) of fuel has actually entered into sharp focus. 
 In a region that has one of the highest carbon footprints on the planet, one organization is benefiting from the growing pressure to [discover alternatives](https://pitchbook.com/profiles/company/51278-86) to oil. It's [established](https://stocktwits.com/symbol/MNEL) the very first scheme to recycle cooking oil into [biodiesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/). It's showing successful too, already their [client-list](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) contains McDonald's. 
 [Philip Hampsheir](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) [reports](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) from Dubai. 
 Special report: The [Technology](https://www.pinterest.com.au/missionnewenergy/) of Business 
 Subsection 
 Business 
 23 August 2011 
 Read description