Regina-based Viterra has announced plans to build a multi-million dollar canola crushing facility in the Queen City.
Viterra says the annual crush capacity would be 2.5 million tons, making it the world’s largest integrated canola crush facility.
Viterra says oilseed crush is expected to continue strengthening in the long term due to demand for canola oil in food, as well as meal consumption in animal feed and supplying feed stock for renewable fuel production.
The additional production is designed to support Ottawa’s intended clean fuel standard, to reduce greenhouse gas emissions.
Cost of construction was not revealed, but Cargill last week announced a one million ton crush plant for Regina at $350-million.
Viterra says its plant is targeted to be operational in late 2024.