Federated Co-operatives Limited (FCL) says it is formally pausing plans to move ahead with two major projects in Regina, Saskatchewan. The proposal to build a renewable diesel production facility and a joint venture canola crush plant has been suspended for the foreseeable future “due to regulatory and political uncertainty, potential shifts in low-carbon public policy,… Read More
Tag: AGT Food and Ingredients
AGT Food and Ingredients Inc. has announced the sale of all shares of its shortline rail and bulk handling infrastructure in Mobil Grain Ltd. to GCM Grosvenor, a global alternative asset management firm. The sale includes MobilGrain and its operating subsidiaries: Last Mountain Rail, with 140 kms (87 miles) running from the Regina Plains to… Read More
Canada has what the world needs: abundant food and food ingredients. More importantly, Canada has what much of the world lacks — good arable land, clean water, and stability. Murad Al-Katib, president and CEO of AGT Food and Ingredients, based at Regina, is well versed in moving commodities and food products around the world. In… Read More
The Port of Churchill and the rail line running to it has moved to 100 per cent local community and Indigenous ownership. AGT Food and Ingredients and Fairfax Financial have “transitioned” their 50 per cent stake in the Arctic Gateway Group to OneNorth, a consortium of community and Indigenous partners, according to a news release… Read More
For the second time this week, the pulse industry is in the spotlight as another research and development project gets the green light. This latest project, funded through the protein supercluster Protein Industries Canada (PIC), is a joint research and development initiative between Saskatchewan-based AGT Food and Ingredients and ulivit, a consumer-facing ingredients start up,… Read More
With just a few regulatory hurdles to go, AGT Foods and Ingredients will soon revert back to a private company. Led by Murad Al-Katib, founder, president and CEO, the Saskatchewan-based pulse and grain processor has big plans in the years ahead, including a “scale up and grow” plan that includes heavy investments into infrastructure and transport… Read More
The Port of Churchill and the rail line leading up to it have been sold to a group that includes Saskatchewan based pulse and specialty crop exporter AGT Food & Ingredients. After an earlier agreement-in-principle fell apart, the federal government announced the sale on Friday of the northern port and rail line from Omnitrax to… Read More
In a move some might already thought was coming, Saskatchewan-based AGT Food and Ingredients Inc announced Thursday it would be seeking privatization. The pulse processing and export company announced the move to go private this morning, but did not offer a clear indication as to when the privatization would actually take place. According to a… Read More
The head of one of Canada’s largest pulse crop exporting companies is optimistic we’ll see Western Canadian crops shipped through the Port of Churchill again. AGT Food & Ingredients is one of the partners in a group that has reached an agreement-in-principle to purchase the port and the rail line leading to it from OmniTrax…. Read More
Could Western Canadian crops once again be exported through the Port of Churchill? Owner Omnitrax has reached an agreement-in-principle to sell the rail line leading to Churchill and the Port of Churchill to a consortium that includes pulse exporter AGT Food and Ingredients, according to the federal government. The Hudson Bay rail line has been… Read More