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Another new elevator for Alberta

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Reading Time: < 1 minute The investment in Western Canada’s grain sector continues to grow. G3 Canada recently announced another new elevator, this time in Morinville. The news came just two months after the company announced plans to build an elevator near Carmangay. Construction on that elevator is underway as well as at a third G3 facility at Wetaskiwin. The […] Read more
G3 Canada’s elevator at Melville, Sask., which opened in August, will be similar to its newly announced elevator to be built at Carmangay. Both will have 134- car loop tracks but the Carmangay elevator will have a larger capacity (42,000 tonnes compared to 34,000 tonnes for the Melville facility).
News

G3 Canada announces second Alberta elevator

Company’s elevator in Wetaskiwin under construction, work on Carmangay to start shortly

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Reading Time: 1 minute G3 Canada Limited is building a second new state-of-the-art elevator in the province. G3 Carmangay will be built southwest of the southern Alberta community, on the east side of Highway No. 23 on the CP Rail line. It will have a capacity of 42,000 tonnes, be able to empty a Super-B truck in under five […] Read more
G3’s lake terminal at Hamilton, Ont. (G3.ca)
Crops

G3 has a new CEO

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There’s been a change at the top of Canada’s newest major grain company. G3 Canada’s CEO Karl Gerrand left the grain company Tuesday and has been replaced by Don Chapman, the Manitoba Co-operator has learned. G3 in 2015 purchased 50.1 per cent of the Canadian Wheat Board from the federal government and brought in Gerrand, […] Read more
Crops, Reuters

G3 co-owner SALIC looking at Iraq farmland

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Dubai | Reuters –– The Saudi Agricultural and Livestock Investment Company (SALIC) is looking at more farmland investment opportunities and has its neighbour Iraq on the list. SALIC, an arm of the country’s Public Investment Fund (PIF), said it was also looking to expand its investments in the Black Sea region, which already includes almost […] Read more
A rendering of G3’s proposed grain terminal and loop track for Port Metro Vancouver. (G3.ca)
Crops, Reuters

G3 to proceed with port grain terminal at Vancouver

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Winnipeg | Reuters — Canada’s G3 Global Holdings will build a grain terminal at Port Metro Vancouver by 2020, increasing the flow of wheat and canola to Asia and Latin America, the company said on Wednesday. The Winnipeg-based partnership of Saudi Arabian agriculture company SALIC and U.S. grain handler Bunge Ltd/ had been considering the […] Read more
(Dave Bedard photo)
Crops, Markets, Reuters

Saudi Arabia boosts stake in G3 Canada

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Winnipeg | Reuters — Saudi Arabia’s agriculture company has taken control of the majority investor in grain handler G3 Canada Ltd., according to a filing, reducing Bunge Ltd.’s stake and strengthening the kingdom’s efforts to secure food supplies. G3 Global Holdings, the joint venture of U.S. agribusiness Bunge and Saudi Agricultural and Livestock Investment Co. […] Read more
Viterra, whose Outer Harbour terminal in Adelaide, Australia is shown here, has been part of Glencore’s stable of ag assets since late 2012. (Glencore.com)
Crops, Reuters

CPP, Saudi firm are lead players in bid for Glencore

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Bengaluru/Reuters – Canada Pension Plan Investment Board and state-owned Saudi Agricultural and Livestock Investment Co are among the lead bidders for a minority stake in the agriculture unit of Glencore Plc, Bloomberg reported on Friday. The firms are presenting final bids for the unit this month and Glencore is open to selling stakes to more […] Read more

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