Miller Magazine Issue: 117 September 2019
32 NEWS MILLER / SEPTEMBER 2019 G3 celebrates grand opening of new high-efficiency elevator in Saskatchewan $200m pier and grain terminal to be constructed in Egypt G3, a Canadian compa- ny headquartered in Win- nipeg, is celebrating the grand opening of its new high-efficiency elevator in Maidstone, Saskatchewan. G3 hosted customers, in- dustry partners and local officials at the event.Like their other modern grain el- evators across Western Can- ada, G3 Maidstone features fast truck-unloads that save farmers’ time, and a railway loop track that can quickly load a 150-car train and keep grain moving to market. The elevator has a 42,000-tonne capacity. “G3 Maidstone is the latest addition to our growing net- work of high-efficiency facilities,” says G3 President and CEO Don Chapman. “We’re excited to be part of another vibrant farming community and look forward to getting to know our new customers and neighbours. We’re confident they’ll be impressed with our fast, efficient service.” FWS was the general contractor for the new facility. G3 Maidstone is lo- cated on CN rail, providing great access to market, and to G3 Terminal Vancouver when it becomes operational in 2020. G3 has five more elevators currently under construction in Alberta, with one due to open this year and the rest in 2020. US $200m pier and grain terminal is set to be construct- ed in Egypt’s port city of Damietta. The new terminal will have a capacity to discharge 3,000 tonnes of grains per hour according to Islam Salem, CEO of Canal Sugar. While addressing a press conference Mr. Salem said they are finalizing a contract with the government for the pier and grain terminal and that they will be through with the process by the end of the year as they aim to break ground for the project in 2020. Additionally, the project will be partially self-financed while the remaining funds will be sourced from infrastructure financing institutions. However, Mr. Salem declined to give the facility’s exact storage capacity saying that the designs, scope of work and more details will be given on a later date. Canal Sugar is also planning to establish the largest beet sugar plant in the world at Western Minya in Egypt producing 900,000 t/y at an estimated cost of US $1 billion. Moreover, Canal signed a US $169m financing agreement to purchase, operate and construct the west Minya project until the US $700m loan is fully settled. The Minya project also aims to reclaim about 187,850 acres of desert land to use it for production of 2 million tonnes of beet sugar annually as well as growing other strategic crops like wheat and corn. Production is ex- pected to start by 2021 and reach full capacity by 2022. Egypt which highly depends on River Nile for water aims to expand sugar beet planting in the country be- cause it uses less water than cane. Currently, the UAE Al Khaleej Sugar Refinery is the largest port-based sugar refinery in the world. CONTRUCTION REVIEW
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