FCL to build nation's largest renewable diesel facility, canola processing plant in Regina
Federated Co-operatives Limited (FCL) has announced plans to build Canada’s largest renewable diesel facility, along with a canola processing plant, in Regina.
FCL said it plans for the two facilities to be located north of the Co-op Refinery Complex and will be known as the Integrated Agriculture Complex.
Regina’s AGT Foods, will be a partner for the canola crushing plant.
They say the partnership furthers the synergies between the production of renewable transportation, fuel and agriculture, creating what they are calling farm to fuel tank.
“We have the best distribution network across western Canada to bring that fuel right back to the farm and to start the cycle all over again,” said Scott Banda, CEO of FCL.
FCL said the project represents an investment of nearly $2 billion, for Saskatchewan and is expected to create more than 2,500 jobs during construction and another 300 permanent positions.
Mayor Sandra Masters, said the opportunity for growth is enormous for the city.
“These are great jobs in terms of the opportunity it provides to folks either looking to move here, or looking to advance and change careers, they’re mortgage paying jobs,” she said.
The direct economic benefit is in forecast to be in the neighbourhood of $4.5 billion.
The province said the canola crushing facility will ensure Saskatchewan exceeds its
2030 growth plan goal of processing 75 per cent of the canola grown in Saskatchewan.
FCL’s renewable diesel plant will have a production capacity of about 15,000 barrels per day, which adds up to about one billion litres per year.
FCL-AGT’s canola crushing facility is expected to use 1.1 million tonnes of canola seed to make 450,000 tonnes of oil.
FCL said the crushing plant built in the complex will be able to produce 50 per cent of the feed stock required to meet production capacity.
AGT said directing the canola towards fuel won’t impact the food crisis, adding they will use their technology to make the canola mead go even further.
Murad Al-Katib, president and CEO at AGT Foods, said he thinks they could generate even more to fill the food gap.
“We’re ultimately going to put this back into high value use in the food systems, we think, again, generating even more food to close that food gap on both population growth and middle income growth around the world.”
Al-Katib said there is a demand for quality plant based protein, environmental stewardship and cleaner energy, adding this complex helps both organizations get closer to becoming net zero.
Premier Scott Moe said the announcement is a “big win” for Saskatchewan’s economy, communities and workers.
“I think most importantly, and not to in anyway be understated, this is a significant win for the environment in our province and in our nation and around the world,” Moe added.
FCL is anticipating the renewable diesel facility will be operating in 2027, with the crushing plant operating before then.
CTVNews.ca Top Stories
BREAKING Federal employees will be required to spend 3 days a week in the office
Starting in September, public servants in the core public administration will be required to work in the office a minimum of three days a week. The Treasury Board Secretariat says executives will need to be in the office four days per week.
Concerns about plexiglass prompt inspections at some Loblaws locations in Ottawa
Inspections are underway at more than one Loblaws location in Ottawa after complaints were filed about tall plexiglass barriers.
OPP officer said 'someone's going to get hurt' before wrong-way Hwy. 401 crash
As multiple Durham police cruisers were chasing a robbery suspect on the wrong side of Highway 401 Monday night, an Ontario Provincial Police officer shared his concerns, telling a dispatcher, "Someone's going to get hurt."
Canada's most wanted fugitive arrested in P.E.I. in connection with Toronto homicide
A suspect in a fatal shooting in Toronto’s east end last summer has been arrested in Charlottetown, just one week after he topped a list of Canada’s most wanted fugitives.
Poilievre returns to House unrepentant for calling Trudeau 'wacko,' Speaker not resigning
An unrepentant Pierre Poilievre returned to the House of Commons on Wednesday to pepper the prime minister about his drug decriminalization policies after being booted the day prior for refusing to take back calling Justin Trudeau 'wacko' over his approach to the issue.
Five human skeletons, missing hands and feet, found outside house of Nazi leader Hermann Göring
Archeologists have unearthed the skeletons of five people, missing their hands and feet, at a former Nazi military base in Poland.
Toddler of Phoenix first responder dies after bounce house goes airborne
A two-year-old child died after a strong gust of wind sent the bounce house he was in airborne and into a neighbouring lot in central Arizona, the Pinal County Sheriff's Office said.
Plane overshoots runway at airport in St. John's, N.L., no injuries reported
Investigators from the Transportation Safety Board of Canada are headed to St. John's, N.L., after a plane overshot a runway at the city's airport this afternoon.
A teen was found buried in a basement in New York. An engraved ring helped police learn her identity two decades later
For more than two decades, the unknown victim was nicknamed "Midtown Jane Doe" because she was found in the Hell's Kitchen neighbourhood of New York City. But this week, investigators finally revealed her identity.