Saskatchewan

Federated Co-operative Ltd. wants to buy $5.5M of land from City of Regina for renewable diesel plant

Federated Co-operative Limited hopes to build a plant next to the Co-op refinery north of the city. City councillors are set to discuss the request for a $5.48 million land sale at an executive committee meeting on Wednesday.

The plant could create 150 permanent jobs in the city

Federated Co-operative Limited is asking the City of Regina to sell a portion of land near the Co-op refinery for the purpose of building a renewable diesel plant. (Matt Duguid/CBC)

Federated Co-operative Limited hopes to buy almost $5.5 million worth of land from the City of Regina to build a renewable diesel plant.

The co-operative is hoping the plant will be located next to the Co-op refinery north of the city. 

City councillors are set to discuss the request at an executive committee meeting on Wednesday.

If the $5.48 million sale of the land is approved, FCL says it expects to spend between $1.5 and $2 billion to develop the plant, according to a report included in the agenda for Wednesday's meeting. There would be future potential to add elements like agriculture processing services to the plant.

According to the city's analysis, renewable diesel can help reduce emissions from long-haul transport, mass urban transit and agricultural operations. 

City administration has analyzed the climate impact of Federated Co-operative's request and found "the sale of this land has no direct impact on energy consumption and greenhouse gas emissions."

The city also estimates the plant would create around 1,500 temporary jobs in Regina during construction and over 150 jobs once the plant is built, and would add over half a billion dollars to Regina's gross domestic product every year. 

However, building a plant in this area would likely mean more traffic on Inland Drive and Fleet Street, and would also need significant additional infrastructure from the city, particularly water access.

City council's executive committee meets at 9 a.m. on Wednesday.

Comments

To encourage thoughtful and respectful conversations, first and last names will appear with each submission to CBC/Radio-Canada's online communities (except in children and youth-oriented communities). Pseudonyms will no longer be permitted.

By submitting a comment, you accept that CBC has the right to reproduce and publish that comment in whole or in part, in any manner CBC chooses. Please note that CBC does not endorse the opinions expressed in comments. Comments on this story are moderated according to our Submission Guidelines. Comments are welcome while open. We reserve the right to close comments at any time.

Become a CBC Member

Join the conversation  Create account

Already have an account?

now