Bio-diesel made from Food in Oil-rich UAE (#2) · Issues · Aretha Lemay / 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 a region where car is king and fuel is inexpensive, typically leaving little incentive to discover more environmentally-friendly ways of walking around.

But this year, as protests across the Middle East have actually pushed up the price of oil, the concern of finding alternative sources of fuel has come into sharp focus.

In a region that has one of the highest carbon footprints in the world, one company is making the most of the growing pressure to discover options to oil. It's established the Middle East's first plan to recycle cooking oil into biodiesel. It's proving profitable too, already their client-list includes McDonald's.

Philip Hampsheir reports from Dubai.

Special report: The of Business

Subsection

Business

23 August 2011

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[Bio-diesel](https://www.businessnews.com.au/Company/Mission-NewEnergy) made from food in [oil-rich](https://www.crunchbase.com/organization/mission-newenergy) UAE 
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 To play this video you need to [enable JavaScript](https://pitchbook.com/profiles/company/51278-86) in your [internet browser](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053). 
 [Bio-diesel](https://stocktwits.com/symbol/MNEL) made from food in [oil-rich](https://forest500.org/rankings/companies/mission-newenergy-limited) UAEClose 
 The [Middle East](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) is a region where car is king and fuel is inexpensive, [typically leaving](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) little incentive to [discover](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) more environmentally-friendly ways of walking around. 
 But this year, as protests across the Middle East have actually pushed up the price of oil, the concern of [finding alternative](https://forest500.org/rankings/companies/mission-newenergy-limited) [sources](https://www.bloomberg.com/profile/company/MNELF:US) of fuel has come into [sharp focus](https://forest500.org/rankings/companies/mission-newenergy-limited). 
 In a region that has one of the highest carbon footprints in the world, one [company](https://www.crunchbase.com/organization/mission-newenergy) is making the most of the growing pressure to [discover options](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) to oil. It's [established](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) the [Middle East's](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) first plan to [recycle cooking](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) oil into [biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html). It's [proving profitable](https://www.pinterest.com.au/missionnewenergy/) too, already their [client-list](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) includes McDonald's. 
 [Philip Hampsheir](https://www.zoominfo.com/c/mission-newenergy/346542889) reports from Dubai. 
 Special report: The of Business 
 Subsection 
 Business 
 23 August 2011 
 Read description