Bear and Ethanol Ventures have teamed up with the clear goal of highlighting the potential of bioethanol as a force for good in the battle to protect our earth and power the future.

Ethanol Ventures aims to be an important and significant element in the UK and European road biofuels market by delivering at least 378 million litres a year of bioethanol from two Facilities in Grimsby and Teesside from 2011.

Using surplus wheat predominately from the UK as feedstock and recycling the residue from the production process, the objective is to have a carbon footprint over 70% better than that for petrol production.

The UK Government has provided a legislative mandate requiring a minimum amount of bioethanol to be blended with fossil fuels and from April 2008 and will increase each year. The EU has its own, higher targets for blending that Member States have indicated support for.

The Facilities planned will reduce emissions in the UK, thus improving the air quality. The output expected is the equivalent of taking some 300,000 cars off the UK’s roads as well as contributing to the meeting of Greenhouse gas reduction targets.

These facilities will contribute almost 30% of the UK’s expected requirements for bioethanol.

Careful placement of the Facilities allows for short road distances from ports and grain facilities.

This is the first industrial scale operation that allows individual investors an opportunity to contribute directly towards bioethanol production in the UK.

Message from promoter

Future and its group of companies were established in 1999 and since that time we have raised nearly £6 billion through over 100 partnerships and investment vehicles. We have over 30 first class individuals involved in our business and I would encourage you to visit our website at http://www.futurecapitalpartners.com for further information about us.

Whether or not climate change is occurring and whether its cause is increased carbon dioxide, methane, nitrous dioxide or other emissions is, as most of us know, a hotly debated topic amongst scientists and environmentalists. Clearly the consequences for our planet are potentially catastrophic if the answer is that climate change is happening and our pollutants are a principal or substantial cause of this. One thing that is widely believed, however, is that an awful lot of our fossil fuel usage and pollution is caused by the use of transport fuels. Approximately 74% of the UK’s oil supply is used in transportation. If the consequences of not significantly reducing our emissions are potentially catastrophic, it follows that it would be folly not to pursue those goals that can be achieved at modest cost.

Transport fuels are a natural and immediate means by which we can achieve significant emissions reductions. A 5% bioethanol blend has been calculated to equate to a reduction in carbon emissions of approximately one million tonnes – the equivalent to removing one million cars from our roads every year. Added to which, bioethanol can be blended with diesel or petrol at mixes of up to about 24% before any alteration is required to engine design. Bioethanol appear likely to be less expensive at the pump than oil based petrol or diesel in the foreseeable future and should lead to a reduced reliance on oil imports (a nations’ single greatest import expense).

It is a common perception that bioethanol strategies are not significantly more “green” than using fossil fuels for transport fuels and/or that the diversion of land and food crops to bioethanol usage is equally, if not more, damaging than living with the polluting effect of conventional transport fuels. This is not true of all bioethanol strategies, as we explain elsewhere in this Proposal and as reported recently by The Royal Society.

We have identified this opportunity as one which we see as having a deliberately designed carbon footprint that is better by 70% in comparison to fossil fuels, with a sustainable feedstock strategy (wheat) and being part of an early stage industry movement, and which we believe is capable of rapidly delivering attractive returns. In addition, UK tax resident individual investors should derive a degree of down side protection through the expected availability of Capital Allowances in the Project and their ability to benefit from these reliefs against their other income.

Future has already invested £1m in the Bridge Financing and expects to invest at least £1m in this Offer .

We trust you will find this opportunity equally important and we look forward to being catalysts for change together.

Tim Levy
Chief Executive Officer
Future Capital Partners Limited