Cargill Surpasses 50 Percent Completion Milestone for Regina Canola Processing Facility Build

REGINA, Saskatchewan--(BUSINESS WIRE)--Jul 16, 2024--

Cargill, a global leader in oilseed processing, today announced it has surpassed the 50 percent completion milestone in the construction of its new canola facility located at the Global Transportation Hub in West Regina, Sask. Cargill broke ground on the facility in July 2022 and anticipates opening in 2025. The new facility will have the capacity to process 1 million metric tons of canola per year, producing crude canola oil for food and biofuel markets and canola meal for animal feed.

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Cargill’s new canola processing facility in West Regina, Saskatchewan, has reached a significant milestone, surpassing 50% completion. Set to open in 2025, this state-of-the-art facility will process 1 million metric tons of canola annually. The new facility will play a critical role connecting the Canadian canola industry to the expanding domestic and global market opportunities for vegetable oil, high quality meal and biofuels. (Photo: Business Wire)

“The addition of the Regina facility to the Cargill network will play a critical role connecting the Canadian canola industry to the expanding domestic and global market opportunities for vegetable oil, high quality meal and biofuels,” said Jeff Vassart, president of Cargill Canada. “The current construction environment is full of unique challenges and this project has faced many headwinds since we broke ground, but we are committed to becoming a best-in-class option for canola growers in the region, along with helping decarbonize the global food and fuel supply chain.”

To support rail and road infrastructure around the new plant, Cargill recently completed the purchase of just over 400 acres near the Global Transportation Hub. This will allow for better connection to existing rail lines, providing efficient access to destination markets for both meal pellets and canola oil. Additionally, this will mean the site has additional optionality to bring canola seed to Regina when needed, providing a new destination for farmers in western Canada.

Cargill offers a full suite of solutions for farmers across western Canada – from grain marketing and advisory services to crop inputs and agronomic expertise. Canadian canola growers can maximize the value of their canola through a variety of programs. Learn more at CargillAg.ca.

About Cargill

Cargill is committed to providing food, ingredients, agricultural solutions, and industrial products to nourish the world in a safe, responsible, and sustainable way. Sitting at the heart of the supply chain, we partner with farmers and customers to source, make and deliver products that are vital for living.

Our 160,000 team members innovate with purpose, providing customers with life’s essentials so businesses can grow, communities prosper, and consumers live well. With 159 years of experience as a family company, we look ahead while remaining true to our values. We put people first. We reach higher. We do the right thing—today and for generations to come. For more information, visit Cargill.com and our News Center.

View source version on businesswire.com:https://www.businesswire.com/news/home/20240716360154/en/

CONTACT: Bridget Christenson

Cargill

media@cargill.com

KEYWORD: NORTH AMERICA CANADA

INDUSTRY KEYWORD: SUPPLY CHAIN MANAGEMENT COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY FOOD/BEVERAGE TRANSPORT AGRICULTURE NATURAL RESOURCES RETAIL OIL/GAS LOGISTICS/SUPPLY CHAIN MANAGEMENT ENERGY

SOURCE: Cargill

PUB: 07/16/2024 09:00 AM/DISC: 07/16/2024 09:03 AM

http://www.businesswire.com/news/home/20240716360154/en