Saskatchewan’s canola crushing capacity keeps on growing following an announcement by Cargill on Thursday afternoon.

Cargill expects to begin construction of a 1-million tonne per year crushing plant early next year, with plans to be operational by early 2024. It will have a similar design to existing facilities in Clavet, SK and Camrose, AB. In addition, those two facilities will be updated and modernized over the next 12 months to increase volume and “broaden capabilities” at both locations.

“We are confident in the continued growth and competitiveness of the canola processing industry and look forward to helping farmers access increasing market demand,” said Jeff Vassart, president of Cargill Canada.

The new Regina facility is expected to generate 1 million hours of employment through the construction phase. When the plant is complete, Cargill expects to have approximately 50 full-time positions.

The Cargill announcement comes one month after Richardson announced it would double the capacity of its canola processing facility in Yorkton, SK.

There is a lot of demand for canola oil in the food sector. as well as additional possibilities for renewable fuels once the federal government unveils its Clean Fuel Standard policy late this year.

(The above graphic is a design of the Cargill canola processing facility)