Viterra plans for new canola crush facility
By Top Crop Manager
Viterra has announced its intent to build a new canola crushing facility in Regina. The company is in the feasibility stage to finalize the plant’s capabilities and design, with an initial targeted annual crush capacity of 2.5 million metric tonnes (MMT), which would make it the world’s largest integrated canola crush facility.
“Over the years we have made a number of strategic investments in Canada and we are excited at the potential opportunity to further enhance our processing business,” said David Mattiske, Viterra CEO. “We look forward to leveraging our expertise at this new state-of-the-art facility, and connecting our customers to additional opportunities within our supply chain.”
Oilseed crush demand is expected to continue growing in the long term, given increasing demand for canola oil in food usage, as well as increases in meal consumption in animal feed markets. This plant will also play a key role in supplying the feed stock required for renewable fuel production. The additional production is vital to support the federal government’s intended Clean Fuel Standard, which aims to reduce Canada’s greenhouse gas emissions.
“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,” said Kyle Jeworski, CEO of Viterra North America. “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 this project is subject to successful negotiation and finalization of various permits, licensing, agreements with third parties and final approvals both internally and externally. The plant aims to be operational in late 2024.