Add 'Bio-diesel made from Food in Oil-rich UAE'
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<br>[Bio-diesel](https://www.bloomberg.com/profile/company/MNELF:US) made from food in [oil-rich](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) UAE<br>
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<br>[Bio-diesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) made from food in oil-rich UAEClose<br>
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<br>The [Middle East](https://forest500.org/rankings/companies/mission-newenergy-limited) is a region where automobile is king and fuel is low-cost, [typically leaving](https://stocktwits.com/symbol/MNEL) little [incentive](https://www.google.com/search?kgmid=/m/0cqd_rb) to [discover](https://forest500.org/rankings/companies/mission-newenergy-limited) more [environmentally-friendly methods](https://forest500.org/rankings/companies/mission-newenergy-limited) of moving.<br>
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<br>But this year, as [demonstrations](https://www.businessnews.com.au/Company/Mission-NewEnergy) throughout the [Middle East](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) have risen the rate of oil, the [concern](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) of [discovering alternative](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) [sources](https://stocktwits.com/symbol/MNEL) of fuel has come into sharp focus.<br>
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<br>In a region that has one of the highest carbon footprints on the planet, one company is taking [advantage](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) of the growing pressure to find [alternatives](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) to oil. It's set up the [Middle East's](https://www.zoominfo.com/c/mission-newenergy/346542889) very first scheme to [recycle cooking](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) oil into [biodiesel](https://www.crunchbase.com/organization/mission-newenergy). It's showing profitable too, already their client-list consists of .<br>
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<br>Philip Hampsheir [reports](https://www.crunchbase.com/organization/mission-newenergy) from Dubai.<br>
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<br>[Special](https://www.google.com/search?kgmid=/m/0cqd_rb) report: The [Technology](https://forest500.org/rankings/companies/mission-newenergy-limited) 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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