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<br>[Bio-diesel](https://forest500.org/rankings/companies/mission-newenergy-limited) made from food in [oil-rich](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) UAE<br> |
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<br>This video can not be played<br> |
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<br>To play this video you [require](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) to make it possible for [JavaScript](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) in your [browser](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608).<br> |
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<br>[Bio-diesel](https://www.crunchbase.com/organization/mission-newenergy) made from food in [oil-rich](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) UAEClose<br> |
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<br>The [Middle East](https://www.bloomberg.com/profile/company/MNELF:US) is a region where is king and fuel is low-cost, [typically leaving](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) little [incentive](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) to find more environmentally-friendly ways of walking around.<br> |
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<br>But this year, as demonstrations throughout the Middle East have risen the rate of oil, the issue of finding alternative [sources](https://pitchbook.com/profiles/company/51278-86) of fuel has actually entered into sharp focus.<br> |
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<br>In an area that has among the greatest [carbon footprints](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) on the planet, one company is taking advantage of the [growing pressure](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) to find [options](https://www.google.com/search?kgmid=/m/0cqd_rb) to oil. It's [established](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) the [Middle East's](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) very first scheme to [recycle cooking](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) 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 includes [McDonald's](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).<br> |
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<br>Philip Hampsheir [reports](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) from Dubai.<br> |
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<br>[Special](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) 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> |
