REGINA — Federated Co-operatives Ltd. today announced it is not going ahead with its planned Integrated Agriculture Complex at Regina. The company said the two main projects within the complex have been “paused.” According to a news release, regulatory and political uncertainty, potential shifts in low-carbon public policy and escalating costs are the reasons the […] Read more
Tag Archives Federated Co-operatives Ltd.
Canola crush plant expands
SASKATOON — The first in a series of previously announced canola crush plants is up and running, while other projects appear to be stalled. Richardson International has more than doubled capacity at its plant in Yorkton, which can now crush 2.5 million tonnes of seed annually, up from 1.1 million tonnes. Related stories: • Overseas […] Read more
Regulatory certainty called vital to Regina project’s future
Renewable diesel plant proposed by FCL and AGT still in early design stages, waiting for Clean Fuel Standards to be set
REGINA — One of the proponents of a renewable fuel project in Regina says the regulatory environment must be clear before it goes ahead. Murad Al-Katib, who heads AGT Foods, said the front-end engineering and design for the facility planned by AGT and Federated Co-operatives Ltd. to produce both protein concentrates and renewable fuel from […] Read more
FCL reports 2023 earnings
Federated Co-operatives Limited has reported $12.5 billion in total sales for 2023, resulting in net earnings of $781 million. As a result, FCL was able to distribute $399 million in patronage back to local Co-ops.
Protein sector faces labour crunch: report
SASKATOON — Government, industry and educational institutes must act now to address the labour challenges confronting the emerging plant-based protein industry in Saskatchewan and Manitoba, according to a new report. “The danger here might be that the sector might not live up to its potential,” said Nicholas Renzetti, research associate with Smart Property Institute, the […] Read more
Costs rise for FCL ag complex
REGINA — The CEO of Federated Co-operatives Ltd. said front-end engineering and design continues on its planned Regina integrated agriculture complex even as costs escalate. Heather Ryan said inflation is a concern. Although she wouldn’t say how much beyond the initial $2-billion price tag the cost has gone, she did say it isn’t far off […] Read more
