Wednesday, May 26, 2021

A third canola plant for Regina area

A third company has announced plans to build a huge canola-crushing plant, this time south of Regina and at the U.S. border.

Earlier this month two companies unveiled plans for canola-crushing plants in Regina.

Ceres Global Ag Corp. said it will build its $350 million plant close to the hig-volume grain elevator it already owns at Northgate, Sask.

The plant will have capacity to process between 1.1 million and 1.2 million tonnes of canola annually and produce about 400,000 tonnes of canola oil per year.

It will start by marketing oil to the U.S. to be used as a fuel, but it said it could upgrade processing to food quality. It also said it could readily expand capacity by 30 per cent.