Protein Industries Canada invests into non-GMO soybean processing
Published: April 8, 2021
Category: Non-GMO News
New protein ingredient plant will focus on global opportunities with home-grown inputs
Protein Industries Canada recently announced a partnership that will develop and commercialize high-quality, made-in-Canada, non-GMO soybean protein ingredients.
Canada Protein Ingredients Ltd. – Ingrédients Protéiques du Canada Ltée (CPI-IPC), DJ Hendrick International, Agrocorp Processing, Semences Prograin, and Synthesis Network have partnered to produce clean label protein ingredients from Canadian grown soybeans.
The $27.3 million project will result in an innovative proprietary process to produce high-quality and highly sought-after soybean protein ingredients and soybean oil that comply with non-GMO and organic labeling standards. Canada Protein Ingredients (CPI-IPC) will process the crops at a brand-new, first-of-its-kind facility in Canada, expected to break ground in the next 18 months.
Semences Prograin will develop and test new non-GMO soybean varieties optimized for Canada’s growing conditions, while DJ Hendrick International and Agrocorp Processing will assist in developing, testing, and marketing the new end products to international markets. This will add increased value across the Canadian agri-food value chain; farmers will receive premiums for growing specialty crops, and food manufacturers will benefit from a local source of plant-based protein ingredients that currently can only be imported.
“Helping Canada rise from being a commodity supplier to a world-renowned supplier of plant-based ingredients is part of Protein Industries Canada’s mission,” CEO of Protein Industries Canada Bill Greuel said. “This project is yet another step we take in that direction. Harnessing the potential of new crop varieties developed and grown in Canada generates more opportunities across our entire value chain, from farmers to food manufacturers.”
Plans for the upcoming processing facility are currently at a site selection stage. Once completed, the commercial plant will process 25,000 metric tons of crops per year, with the potential to increase capacity and expand to other crops, following the growing demand for clean-label plant-based protein products.
Source: Protein Industries Canada
To view source article, visit: https://www.proteinindustriescanada.ca/news/protein-industries-canada-invests-into-domestic-soybean-processing
Organic & Non-GMO Insights April 2021