Add 'Bio-diesel made from Food in Oil-rich UAE'

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<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.pinterest.com.au/missionnewenergy/) UAE<br>
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<br>[Bio-diesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) made from food in oil-rich UAEClose<br>
<br>The [Middle East](https://www.crunchbase.com/organization/mission-newenergy) is an area where cars and truck is king and fuel is inexpensive, [frequently leaving](https://pitchbook.com/profiles/company/51278-86) little reward to [discover](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) more [environmentally-friendly](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) ways of moving.<br>
<br>But this year, as demonstrations throughout the [Middle East](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) have pushed up the rate of oil, the issue of finding alternative [sources](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) of fuel has actually entered sharp focus.<br>
<br>In a region that has among the highest [carbon footprints](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) on the planet, one [business](https://pitchbook.com/profiles/company/51278-86) is taking [advantage](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) of the growing pressure to discover [alternatives](https://stocktwits.com/symbol/MNEL) to oil. It's [established](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) the Middle East's first scheme to [recycle cooking](https://pitchbook.com/profiles/company/51278-86) oil into . It's showing profitable too, currently their [client-list](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) includes [McDonald's](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm).<br>
<br>[Philip Hampsheir](https://stocktwits.com/symbol/MNEL) [reports](https://pitchbook.com/profiles/company/51278-86) from Dubai.<br>
<br>[Special](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) report: The Technology of Business<br>
<br>Subsection<br>
<br>Business<br>
<br>23 August 2011<br>
<br>Read description<br>