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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>This video can not be played<br> |
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<br>To play this video you need to make it possible for [JavaScript](https://www.crunchbase.com/organization/mission-newenergy) in your [web browser](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608).<br> |
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<br>[Bio-diesel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) made from food in [oil-rich](https://www.google.com/search?kgmid=/m/0cqd_rb) UAEClose<br> |
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<br>The [Middle East](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) is an area where car is king and fuel is inexpensive, [typically leaving](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) little reward to find more [environmentally-friendly methods](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) of [walking](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) around.<br> |
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<br>But this year, as [demonstrations](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) throughout the [Middle East](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) have risen the cost of oil, the problem of [finding alternative](https://stocktwits.com/symbol/MNEL) [sources](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) of fuel has come into sharp focus.<br> |
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<br>In a region that has among the greatest carbon footprints in the world, one [company](https://www.zoominfo.com/c/mission-newenergy/346542889) is benefiting from the [growing pressure](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) to find [options](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) to oil. It's set up the [Middle East's](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) first plan to recycle cooking oil into [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053). It's showing profitable too, currently their client-list contains .<br> |
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<br>[Philip Hampsheir](https://pitchbook.com/profiles/company/51278-86) [reports](https://www.crunchbase.com/organization/mission-newenergy) from Dubai.<br> |
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<br>Special report: The Technology of Business<br> |
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<br>Subsection<br> |
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<br>Business<br> |
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<br>23 August 2011<br> |
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<br>Read description<br> |
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