Cargill Announces Over 50% Completion of Regina Canola Processing Facility
18/07/2024 (ChemAnalyst News) - Cargill, a global leader in oilseed processing, announced on 16 July 2024 that it has surpassed the 50 percent completion milestone in constructing its new canola facility at the Global Transportation Hub in West Regina, Saskatchewan. The facility, which broke ground in July 2022, is expected to open in 2025. It will have the capacity to process 1 million metric tons of canola annually, producing crude canola oil for food and biofuel markets, as well as canola meal for animal feed.
" Jeff Vassart, president of Cargill Canada, emphasized the significance of integrating the Regina facility into Cargill's network, highlighting its role in connecting the Canadian canola industry with expanding domestic and global markets for vegetable oil, high-quality meal, and biofuels. Despite navigating challenges in the current construction landscape and overcoming initial setbacks, Cargill remains steadfast in its commitment to establishing a leading choice for canola growers in the area. Additionally, the company is dedicated to supporting the decarbonization efforts within the global food and fuel supply chain."
To enhance rail and road infrastructure around the new plant, Cargill has recently acquired over 400 acres near the Global Transportation Hub. This acquisition will improve connectivity to existing rail lines, ensuring efficient access to destination markets for both meal pellets and canola oil. Furthermore, it will expand the site's capability to receive canola seed shipments into Regina as required, presenting a fresh destination for farmers across Western Canada.
Cargill provides comprehensive solutions for farmers throughout Western Canada, offering services ranging from grain marketing and advisory support to crop inputs and agronomic expertise. Canadian canola growers can optimize the value of their crop through a range of tailored programs.
Cargill is committed to providing food, ingredients, agricultural solutions, and industrial products in a safe, responsible, and sustainable manner. Positioned at the core of the supply chain, the company partners with farmers and customers to source, produce, and distribute essential products. Cargill's 160,000 team members innovate with purpose, ensuring businesses can grow, communities thrive, and consumers enjoy a high quality of life. With 159 years of experience as a family-owned company, Cargill remains forward-looking while staying true to its core values. Founded in 1865 as a lone grain warehouse in Iowa, USA, Cargill has expanded to become a global leader connecting individuals worldwide through the agricultural supply chain. The company provides food, ingredients, agricultural solutions, and industrial products to nourish the world sustainably, ensuring safety and responsibility in its operations. Cargill operates globally, serving 125 markets across 70 countries through a network of 1,000 locations worldwide.