Federated Co-operatives plans new Regina plant

Federated Co-operatives Ltd. says a new renewable diesel fuel and canola-crushing plant will be part of its plan to reduce greenhouse gas emissions.

The oil-production business announced Monday that the estimated $2-billion Integrated Agriculture Complex is to be built in north Regina near the company’s Co-op refinery and in partnership with global pulse-processor and supplier AGT Foods. Federated Co-operatives CEO Scott Banda said his company has made a commitment to reduce its greenhouse gas emissions by 40 per cent by 2030 and to get to net-zero emissions by 2050.

The project is expected to create over 2,500 construction jobs and 150 permanent operating jobs. It is

expected to be completed by 2027.