Louis Dreyfus expands Sask. canola processing facility
By Food in Canada StaffBusiness Operations Grain & Oilseed Milling Canola processing Editor pick Louis Dreyfus Company Saskatchewan
Louis Dreyfus Company (LDC), a global merchant and processor of agricultural goods, expands its canola processing complex in Yorkton, Sask.
“This investment supports the group’s strategic growth plans by reinforcing core merchandizing activities, in this case, with additional capacity to originate and process Canadian canola seeds to provide nourishment for people and livestock. It also positions LDC as a strategic feedstock provider to renewable energy producers and accelerates our contribution to a global energy transition that we are excited to be a part of,” said Michael Gelchie, LDC’s CEO.
LDC has been operating its canola processing complex in Yorkton from 2009, employing approximately 120 people today, in the production of food grade canola oil and feed meal.
“This project reflects our long-term commitment to North America as a key market for LDC, both in terms of origination and distribution, and is expected to contribute to continued local economic development,” said Brian Conn, LDC’s country manager for Canada.
Construction of the additional canola crushing line is expected to begin later this year and will more than double the facility’s annual crush capacity to over 2 million metric tons upon completion.
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