- About us
- IBJ Awards
- Free Sample
- Contact us
Cargill reveals new canola facility plans
(Posted on 26/04/21)
Cargill has announced plans to break ground on a new canola processing facility in Regina, Saskatchewan, to support the growing global demand for canola products. The company expects to begin construction on the $350 million project, which will have a similar design to Cargill’s existing Camrose facility, early next year with plans to be operational by early 2024. The company will also update and modernize its canola facilities in Camrose and Clavet over the next 12 months to increase volume and broaden capabilities at both locations.
“We are confident in the continued growth and competitiveness of the canola processing industry and look forward to helping farmers access increasing market demand,” said Jeff Vassart, President of Cargill Canada. “Through these projects, we’re committed to providing a better, more efficient customer experience across our network, making it easier to do business with Cargill.”
The new state-of-the-art facility is projected to have an annual production capacity of 1 million metric tonnes and will provide a consistent and fast point of delivery for farmers and end users. This investment will generate approximately 1 million hours of employment throughout the construction phase. Upon completion, the company expects the facility will add approximately 50 full-time positions.
“Saskatchewan is a leader in agriculture production and through investments such as this we are growing our capacity to process these products at home,” Premier Scott Moe said. “We welcome this significant investment and look forward to working with Cargill to add value to the canola our producers grow, create local jobs and support Saskatchewan’s economic growth.”
The Regina, Camrose and Clavet projects build upon the company’s work to modernize and expand capacity across its North American oilseeds network. In March, Cargill announced a series of other projects across its U.S. soy processing facilities, valued at $475 million dollars.
Cargill is a global leader in oilseed processing and currently operates two canola crush facilities in Camrose, Alberta, and Clavet, Saskatchewan. In addition, Cargill offers a full suite of solutions for farmers across western Canada – from grain marketing and advisory services to crop inputs and agronomic expertise. The company recently acquired Precision Ag, which operates four crop input retail sites in Saskatchewan.
Cargill and Owensboro Grain Company, a fifth-generation family-owned soybean processing facility and... Read more
Rio Tinto is providing an update at its Investor Seminar on progress against its long-term strategy... Read more
Rio Tinto has proven the effectiveness of its low-carbon iron-making process using ores from its mines... Read more
Rio Tinto, BHP and Fortescue are launching an innovative pilot programme aimed at helping to eliminate... Read more
Leading UAE steel pipe manufacturer and exporter, AJ Steel, has signed an agreement with the integrated... Read more
Fertilizers Europe has welcomed the recognition of the European Commission that urgent and targeted... Read more
The National Grain and Feed Association (NGFA) in the USA and 192 other members of the Agricultural... Read more
Global miners BHP and Rio Tinto have formed a partnership agreement to accelerate the development of... Read more
Trafigura, a market leader in the global commodities industry, has entered into a USD800 million five... Read more
Cargill’s metals business and Blastr Green Steel AS, a developer of decarbonized steel supply,... Read more