The Government of Saskatchewan welcomed the announcement by Ceres Global Ag of its plans to build a new USD $350 million integrated canola crush facility at Northgate. "Adding value to . . .
A $350-million integrated canola processing facility is planned for southeast Saskatchewan with construction to start next year.
Ceres Global Ag, which is headquartered in Minneapolis, Minn., is behind the project being built at Northgate, which is next to the U.S. border south of Oxbow.
“Its location along the Canada-U.S. border is ideally located to originate canola seed from our farmer partners, and with a direct connection to BNSF Railway, it provides the most efficient access to the U.S. market and U.S. ports,” Robert Day, president and chief executive officer at Ceres, said in a news release.
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Representative image The facility in Northgate, SK will have an initial processing capacity of 1.1 million mt/yr of canola when it becomes operational.
Agriculture, energy, and industrial products supplier Ceres Global Ag Corp. revealed plans Tuesday to invest $350 million in a new integrated canola crush plant in Northgate, SK canola crush plant. A company release said that the facility will be capable of processing 1.1 million mt/yr of canola and and feature a refining capacity of more than 500,000 mt/yr.
“This is an exciting time for Ceres Global as we position ourselves to take advantage of the unprecedented demand for oilseed crush in North America,” the firm’s president and chief executive officer, Robert Day, said in a statement. “While there are multiple drivers contributing to this demand, the most important is the movement towards green energy and the need for vegetable oil as feedstock for the production of re
Construction of the new 1.1 million metric tonne canola processing plant at Northgate is expected to begin in 2022 and will increase exports of value-added products via the direct connection to the BNSF Railway adjacent to the United States border. With this investment by Ceres, our capacity for value-added production within our province will be further increased, producing more high-quality canola oil and meal for export to current and new markets around the world, Trade and Export Development Minister Jeremy Harrison said. This is good news for jobs and our economy in Saskatchewan, and this also supports our Growth Plan goal to increase agri-food exports to $20 billion in the years ahead.
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Saskatchewan’s streak of landing canola crush investments continued on Tuesday, as a fourth company announced plans for a multi-million-dollar project in the province.
Minnesota-based Ceres Global Ag announced a $350 million integrated canola crush facility slated for Northgate, near the U.S. border in southeast Saskatchewan. It will have capacity to crush 1.1 million metric tonnes of canola annually, and refine 500,000 metric tonnes into oil for food and fuel. Ceres estimates it will create more than 50 full-time jobs in the province.
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