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[Bio-diesel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) made from food in [oil-rich](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) UAE
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Bio-diesel made from food in oil-rich UAEClose
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The [Middle East](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) is an area where [vehicle](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, [frequently leaving](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) little reward to [discover](https://www.businessnews.com.au/Company/Mission-NewEnergy) more [environmentally-friendly](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) ways of moving.
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But this year, as [demonstrations](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) throughout the [Middle East](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) have risen the rate of oil, the issue of [finding alternative](https://www.pinterest.com.au/missionnewenergy/) [sources](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) of fuel has come into sharp focus.
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In a region that has one of the greatest [carbon footprints](https://www.businessnews.com.au/Company/Mission-NewEnergy) in the world, one [company](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) is making the most of the [growing pressure](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) to find alternatives to oil. It's [established](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) the [Middle East's](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) first scheme to recycle cooking oil into [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053). It's proving rewarding too, currently their [client-list](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) includes .
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[Philip Hampsheir](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) [reports](https://www.pinterest.com.au/missionnewenergy/) from Dubai.
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Special report: The Technology 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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