July 18, 2006

Cargill to expand Canadian canola processing capacity

Cargill plans to expand its canola processing operations in the Canadian province of Saskatchewan, the company said Monday (Jul 17) in a press release.

The initial phase of construction in Clavet, Saskatchewan, is set to begin in fall 2006, with completion expected by spring 2007. The expansion will increase the company's canola crush to 3,000 tonnes per day.

"We firmly believe that Canada, in particular Saskatchewan, is one of the areas of the world best-suited to an expanding production of vegetable oil in the form of softseeds," said Wayne Teddy, president of Cargill Grain & Oilseeds Supply Chain-North America, which is a business unit of Cargill Inc, in the release.

"This investment will help better position Cargill and its canola producers as a go-to source in serving the growing global demand for fuel and food applications derived from canola."

In addition to the oilseed processing, Cargill operates a grain handling and crop inputs business across western Canada. In North America, Cargill's grain and oilseed business operates 17 oilseed processing facilities.