Sucro Can Sourcing to build Canada’s largest sugar refinery in Ontario
By Food in Canada StaffBusiness Operations Ingredients & Additives Editor pick Hamilton-Oshawa Port Authority Ontario Sucro Can Sourcing sugar
Sucro Can Sourcing plans to build Canada’s largest sugar refinery at the Port of Hamilton, Ontario, on lands owned by HOPA Ports (Hamilton-Oshawa Port Authority).
The new refinery, at an estimated investment of $135 million, is expected to have an annual refining capacity of 1 million metric tonnes.
“The sugar markets in both Canada and the United States are experiencing steady, long term, sustainable growth, and Sucro is investing to supply these growing market demands,” said Jonathan Taylor, founder and CEO of Sucro Sourcing. “We have a customer base that is loyal and growing, benefiting from the new competition we are bringing to the market. Despite steady demand from an expanding food processing sector, overall refining capacity in both Canada and the United States has been stagnant for years, especially in Ontario, where the demand for sugar is growing at one of the fastest rates in North America.”
Sucro Can’s focus on improving its customers’ supply chains is a key reason for choosing the Port of Hamilton as the location for its new refinery.
“HOPA Ports is thrilled to be working with Sucro Can to make this historic investment a reality,” said Ian Hamilton, president and CEO of HOPA Ports. “We worked closely with Sucro Can to understand its location and logistics needs, and those of its customers. The new refinery in the heart of southern Ontario’s food processing cluster, has access to marine, rail and highway transportation options. The facility’s new capacity and reliability will give Ontario food processors the confidence to invest in their own operations. For us this is a huge win: driving a resilient and efficient supply chain, growing the economy and creating jobs.”
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