Bio-diesel made from Food in Oil-rich UAE (#1) · Issues · Rae Devine / oleovest-pl

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 an area where car is king and fuel is inexpensive, typically leaving little incentive to discover more environmentally-friendly ways of moving.

But this year, as demonstrations throughout the Middle East have risen the rate of oil, the concern of finding alternative sources of fuel has actually entered .

In a region that has one of the greatest carbon footprints in the world, one service is making the most of the growing pressure to discover options to oil. It's set up the Middle East's very first scheme to recycle cooking oil into biodiesel. It's proving profitable too, currently their client-list includes McDonald's.

Philip Hampsheir reports from Dubai.

Special report: The Technology of Business

Subsection

Business

23 August 2011

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Bio-diesel made from food in oil-rich UAE 
 This video can not be played 
 To play this video you require to make it possible for [JavaScript](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) in your [internet browser](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/). 
 [Bio-diesel](https://www.bloomberg.com/profile/company/MNELF:US) made from food in [oil-rich](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) UAEClose 
 The [Middle East](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) is an area where car is king and fuel is inexpensive, [typically leaving](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) little [incentive](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) to [discover](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) more [environmentally-friendly](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) ways of moving. 
 But this year, as [demonstrations](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) throughout the [Middle East](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) have risen the rate of oil, the concern of [finding alternative](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) [sources](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) of fuel has actually entered . 
 In a region that has one of the greatest carbon footprints in the world, one [service](https://www.google.com/search?kgmid=/m/0cqd_rb) is making the most of the [growing pressure](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) to discover options to oil. It's set up the [Middle East's](https://www.bloomberg.com/profile/company/MNELF:US) very first scheme to [recycle cooking](https://pitchbook.com/profiles/company/51278-86) oil into [biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price). It's proving profitable too, currently their client-list includes McDonald's. 
 Philip Hampsheir [reports](https://stocktwits.com/symbol/MNEL) from Dubai. 
 [Special](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) report: The [Technology](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) of Business 
 Subsection 
 Business 
 23 August 2011 
 Read description