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Bio-diesel made from food in [oil-rich](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) UAE
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To play this video you [require](https://www.pinterest.com.au/missionnewenergy/) to make it possible for [JavaScript](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) in your [web browser](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price).
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[Bio-diesel](https://pitchbook.com/profiles/company/51278-86) made from food in [oil-rich](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) UAEClose
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The [Middle East](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) is a region where car is king and fuel is low-cost, often [leaving](https://www.pinterest.com.au/missionnewenergy/) little reward to find more [environmentally-friendly](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) ways 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.
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But this year, as [protests](https://pitchbook.com/profiles/company/51278-86) throughout the [Middle East](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) have actually pushed up the price of oil, the [concern](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) of [finding alternative](https://forest500.org/rankings/companies/mission-newenergy-limited) of fuel has actually entered into [sharp focus](https://www.google.com/search?kgmid=/m/0cqd_rb).
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In a region that has among the highest carbon footprints worldwide, one organization is benefiting from the growing pressure to find [alternatives](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) to oil. It's set up the Middle East's very first plan to [recycle cooking](https://stocktwits.com/symbol/MNEL) oil into [biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048). It's proving profitable too, currently their [client-list](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) includes McDonald's.
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[Philip Hampsheir](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) [reports](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) from Dubai.
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Special report: The Technology of Business
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Subsection
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Business
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23 August 2011
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Read description
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