Federated Co-operatives Limited to acquire Belle Plaine ethanol plant

May 23, 2019 |

In Canada, Terra Grain Fuels (TGF) and Federated Co-operatives Limited (FCL) announced they have reached a mutual agreement in which FCL will acquire TGF’s 150 million liter-per-year ethanol plant near Belle Plaine, Saskatchewan.

This move positions local co-ops across Western Canada to be able to continue to provide transportation fuels to their members to meet existing renewable fuels standards and to prepare for the incoming national Clean Fuel Standard.

The 185,000 square foot TGF plant contributes more than C$100 million annually in economic impacts to southern Saskatchewan by purchasing more than 400,000 metric tons of grain and other starch-rich crops from 400 plus producers. The plant also processes and sells up to 160,000 tons of dried distillers grains (DDGs) every year.

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Category: Producer News

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