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Marisol Cable 2025-01-17 21:50:47 +01:00
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<br>Bio-diesel made from food in oil-rich UAE<br>
<br>This video can not be played<br>
<br>To play this video you need to allow [JavaScript](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) in your [web browser](https://forest500.org/rankings/companies/mission-newenergy-limited).<br>
<br>[Bio-diesel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) 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 is an area where vehicle is king and fuel is low-cost, [typically leaving](https://www.crunchbase.com/organization/mission-newenergy) little reward to discover more [environmentally-friendly](https://www.google.com/search?kgmid=/m/0cqd_rb) ways of around.<br>
<br>But this year, as [demonstrations](https://stocktwits.com/symbol/MNEL) across the [Middle East](https://www.pinterest.com.au/missionnewenergy/) have pushed up the rate of oil, the problem of [finding alternative](https://pitchbook.com/profiles/company/51278-86) [sources](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) of fuel has actually come into [sharp focus](https://pitchbook.com/profiles/company/51278-86).<br>
<br>In a region that has one of the highest [carbon footprints](https://www.crunchbase.com/organization/mission-newenergy) in the world, one [organization](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) is taking [benefit](https://stocktwits.com/symbol/MNEL) of the [growing pressure](https://www.pinterest.com.au/missionnewenergy/) to [discover alternatives](https://www.bloomberg.com/profile/company/MNELF:US) to oil. It's set up the Middle East's first plan to [recycle cooking](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) oil into [biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/). It's proving rewarding too, currently their client-list includes [McDonald's](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html).<br>
<br>[Philip Hampsheir](https://forest500.org/rankings/companies/mission-newenergy-limited) [reports](https://www.google.com/search?kgmid=/m/0cqd_rb) 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>