Federated Cooperative Plans Canola Crushing Plant in Saskatchewan

Federated Cooperative Ltd. (FCL)计划建立与AGT Food and Infredients Inc.（AGT Foods）的合资企业（JV）合作，在SK Regina的合作社炼油厂以北建立综合农业综合体（IAC）。

The newly formed JV will construct a $360 million canola crush facility. The partnership with AGT is a 51%-49% split, with FCL holding the majority ownership stake.

Canola压碎设施将为15,000桶/天的可再生柴油厂所需的原料约50％，其余的供应量从其他Canola Crush设施收缩。

The canola crush plant is part of a $2 billion investment FCL is making in the construction of an IAC. This announcement builds on the company’s recent announcement that FCL is advancing plans to construct a renewable diesel facility in the Regina area. The IAC will include the recently announced renewable diesel plant and canola crushing plant that will produce the feedstock for the plant-based fuels produced at the renewable diesel facility.

AGT Foods总裁兼首席执行官Murad Al-Katib表示，农业处于许多全球挑战的最前沿，并正在为全球蛋白质需求，食品和可再生燃料供应提供社会解决方案。

"This project demonstrates Saskatchewan’s leadership in plant-based foods, fuels and feeds and brings together two Saskatchewan companies with the shared goals of decarbonizing our economy and adding value to Western Canadian crop production," says Al-Katib.

"We believe that AGT’s capabilities in grain logistics and plant protein ingredients combined with FCL’s strong history in energy and farm inputs creates a powerful partnership that will benefit the communities in which we operate.”

Scott Banda, CEO of FCL, says Al-Katib and his team are already playing an instrumental role in Saskatchewan agriculture and will bring a great deal of expertise to this venture.

“We are excited to realize the vision we share to bring value-added opportunities to the agriculture sector in both farm-to-tank and farm-to-fork opportunities that will benefit the communities we serve," he says.

"We know the synergies between transportation fuel production and agriculture will play a vital role in Western Canada’s transition to the low carbon economy,” Banda continues. “We believe our Co-op Retailing System is well-positioned to integrate and capture the full agricultural value-chain in the production of fuel and value-added products. We are excited about the opportunities that the IAC will provide for Co-op, the City of Regina and all of Western Canada.”

构成IAC的项目将在当地和整个加拿大西部提供大量的经济机会。IAC的施工阶段将创造大约2,750个工作岗位，一旦完成，可能会创造多达300个永久性就业机会。

在经济影响方面，该综合大楼的总经济产出估计为45亿美元。该估计包括与该设施相关的所有经济实现。IAC投资需要继续进行尽职调查以及环境，监管和董事会批准。

FCL is the fourth company to announce a canola crushing plant in the province.嘉吉,Viterra和Ceres Global Ag Corp。已经宣布计划在该省建造设施。

"With this project, more than $12 billion of capital investment has been announced for the province in the last year, including about $2 billion to build four new canola crush plants," says Premier Scott Moe.

“ FCL的新可再生柴油设施将增强萨斯喀彻温省成为世界上最可持续的能源生产商之一的声誉。该项目是经济的胜利，对工人，家庭和社区的胜利以及对环境的胜利。”

IAC最终为当地合作社和农业生产商创造了机会。通过将农业与基于植物的燃料生产相结合，FCL为农民提供了另一个营销机会，为其农作物和当地合作社提供了另一个机会，以与生产者建立更牢固的关系。