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Tag Archives pea protein

Canola, Crops, Peas

Plant protein processor backed for expansion

Lenders arrange up to $85 million for Merit Functional Foods

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The money has been lined up to fund a major expansion for a Winnipeg pea and canola protein processing plant that’s still being built. Merit Functional Foods Corp. announced May 4 it has secured a debt financing package of up to $85 million from “a syndicate of lenders” including Export Development Canada, Farm Credit Canada […] Read more
Crops, Pulses, Soybeans

Cargill to enter faux-meat market

Major processor/packer expanding plant-based protein product line

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U.S. agrifood giant Cargill is set to bring its crop supply chain further into its proteins business via a new line of plant-based patty and ground products for the retail and foodservice sectors. Already a major player in meat protein, with assets including two major Canadian packing plants processing up to 6,000 head of cattle […] Read more
Crops, Peas

Beyond Meat locks in Roquette pea protein supply

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Plant-based protein firm Roquette has been booked to “significantly” increase the amount of pea protein it provides to expansion-hungry U.S. faux-meat processor Beyond Meat in the next three years. Los Angeles-based Beyond Meat on Tuesday announced a “multi-year pea protein supply agreement” with France’s Roquette, renewing a “longstanding partnership” between the two firms. No specifics […] Read more
Crops, Pulses

U.S. firm partners with James Cameron’s Prairie pulse processor

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CNS Canada — Saskatchewan pulse processing company Verdient Foods has entered into a joint venture agreement with U.S. company Ingredion to expand operations. The organic pea protein fractionation facility at Vanscoy, about 20 km southwest of Saskatoon, has been running since last year and the new agreement will see it expand operations to include more […] Read more
Crops, Peas, Pulses

A+W to launch pulseburger next month

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Canada’s second-biggest burger chain plans to roll out a new non-meat burger in the Canadian market starting in July. A+W Food Services of Canada on Thursday announced a July 9 release date for what it’s dubbed the Beyond Meat Burger at all its restaurants across the country, in what CEO Susan Senecal called “the fastest […] Read more
Crops, Peas, Reuters

Roquette counts on expanding Canadian pea output

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Winnipeg | Reuters — France’s Roquette, which is building the world’s largest pea protein plant in Manitoba, is counting on the province’s farmers to boost their production to supply the $400 million factory, the company said Friday. Roquette raised eyebrows this week when it said it would build the plant in Portage la Prairie, Man., […] Read more

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