Viterra has officially announced it will build a canola crushing facility at Regina, Sask.
The company is currently in the feasibility stage of finalizing the plant’s capabilities and design, with an initial target to crush 2.5 million metric tonnes annually, which would make it the “world’s largest integrated canola crush facility,” according to the company.
Viterra is the third company in just over a month to make an announcement of added crush capacity in Saskatchewan. Richardson announced a planned upgrade to its Yorkton facility last month, while Cargill unveiled plans for a new crush plant at Regina last week.
Viterra says the plant will play a key role in supplying the feed stock required for renewable fuel production, which would be required to meet the Canadian government’s intended Clean Fuel Standard.
“We are pleased to have the opportunity to pursue this substantial and historic investment in our asset network, which demonstrates our confidence in the future of western Canadian canola production,” says Kyle Jeworski, CEO of Viterra North America. “Through this project, we will be able to further leverage our strong relationships with farm customers and support Saskatchewan’s growth plan for expanded value-added processing capacity. Further, this project will have a long-lasting and positive local economic impact, both in terms of employment related to the facility’s construction and permanent employment once the plant is up and running.”
Completion of the project is subject to successful negotiation and finalization of various permits, licensing, agreements with third parties, and final approvals internally and externally, with a target to be operational by late 2024.
The company says the build site is located north of Regina, near the Federated Co-op Refinery.