Red Leaf Pulp Ltd. announced the Company will locate its initial facility in Regina, Saskatchewan, Canada. The Company has secured properties on the west side of the City of Regina and will commence construction of the $350 million facility in early 2022.
The initial plant will have the capacity to produce approximately 182,000 tonnes of market pulp annually from waste wheat straw collected and aggregated from local producers. This represents a $350 million direct investment in the local community and is expected to create 110 permanent full-time jobs, and 250 jobs during construction.
"Red Leaf is delighted to be locating in Regina and we look forward to working with the community, local businesses and the region's growers. Our project provides an opportunity to enhance the utilization of existing resources and diversify revenue sources in the ag-industry while creating a lower carbon future," said Martin Pudlas, CEO of Red Leaf Pulp.
Red Leaf Pulp Ltd. is developer of a proprietary wheat straw-based pulp mill.
