December 12, 2018
Canadian grain growers are set to benefit from improved access to international markets and increased competition, thanks to the construction of the Fraser Grain Terminal, which will be located at the Port of Vancouver.
GrainsConnect Canada and Parrish & Heimbecker (P&H) have signed an agreement to make Fraser Grain Terminal a 50-50 joint venture subject to obtaining necessary approvals from the relevant competition authorities. The facility will have capacity to export up to 4 million tonnes of wheat, barley, oilseeds, pulses and other commodities per annum.
Klaus Pamminger, GrainsConnect’s Chairman of the Board, said the announcement was a clear vote of confidence in Canadian grain producers. “Fraser Grain Terminal will connect our state-of-the-art facilities in Alberta and Saskatchewan directly to global customers, providing a
highly efficient, integrated end-to-end solution,” Pamminger said. “It is exciting to deliver this project with such a highquality partner in P&H.”
Key features of the Fraser Grain Terminal include
Construction is slated to commence late 2018/early 2019 and will take 24 months to complete.
President of GrainsConnect Canada, Warren Stow, commented farmers and the family farm are central to the culture and philosophy of GrainsConnect. “Terminal, rail, port and market - we have the infrastructure, solutions and partnerships to make a difference for family farms. State-of-the-art facilities and private railcars will connect them to global markets,” Stow said. “We are creating the most efficient supply chain in Western Canada.”
About GrainsConnect Canada
GrainsConnect Canada is a joint venture between GrainCorp, a leading Australian agribusiness, and Zen-Noh Grain Corporation, a subsidiary of major Japanese agricultural cooperative Zen-Noh (National Federation of Agricultural Cooperative Associations). GrainsConnect was incorporated in Canada in 2015 and is currently operating two new, high capacity grain terminals in Maymont and Reford, Saskatchewan. In 2019, two additional high capacity terminals will open in Vegreville and Huxley, Alberta. The company offers competitive pricing, game-changing efficiency and access to global demand.
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