Winnipeg, Manitoba
July 18, 2006
Cargill today announced
plans to expand its existing canola processing capabilities in
Clavet, Saskatchewan. The initial phase of construction is
scheduled for Fall 2006, with completion expected by Spring
2007.
Cargill’s decision to further
invest in rural Saskatchewan will increase its canola crush to
3,000 metric tonnes per day.
Wayne Teddy, President of
Cargill’s Grain & Oilseeds Supply Chain-North America business
unit, linked the expansion directly to Cargill’s strategic focus
on vegetable oil’s increased global demand.
“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 Teddy. “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.”
“It is our commitment to expand
Cargill’s Canadian footprint into those areas that will deliver
the greatest value to our farm and end-use customers,” noted
Cargill Limited President, Len Penner. “Together, canola
producers and Cargill will ensure domestic and global consumers
have access to a reliable, consistent, high quality ingredient
for fuel and food.”
In addition to the oilseed
processing, Cargill operates an extensive grain handling and
crop inputs business across Western Canada. In North America,
Cargill’s grain and oilseed business operates 17 oilseed
processing facilities. |