Genesis Fertilizers has signed a Front-End Engineering Design (FEED) agreement with DL Engineering & Construction (DL E&C), a South Korean global leader in engineering and construction.
DL E&C successfully completed the Ma’aden Ammonia III project in Saudi Arabia, the largest commercial production capacity per train globally.
The FEED phase establishes the essential technical and design groundwork for safe and efficient facility construction. DL E&C is set to collaborate with Canada’s PCL Construction to ensure quality, safety, and efficiency throughout preconstruction. Together, they aim to create a comprehensive blueprint that integrates advanced carbon capture technology, targeting the sequestration of up to 1 million metric tonnes of CO₂ annually.
In addition to the FEED agreement, Genesis Fertilizers has achieved critical milestones that underscore its commitment to building a sustainable agricultural future, including:
- Securing land for the proposed facility at Belle Plaine, Saskatchewan.
- Gaining significant provincial government support.
- Appointing PwC as its financial advisor for the project and for government incentives.
- Awarding CARBONCO as the carbon capture technology provider
- Establishing a memorandum of understanding with Whitecap Resources Inc., for cutting-edge carbon sequestration solutions.
As a vertically integrated, farmer-owned initiative, Genesis Fertilizers intends to return profits directly to its farmer-owners and recognizes the critical role of farmers, whose support to date has driven this initiative forward to this critical stage. If fully financed and constructed, the Genesis Fertilizers plant will address the needs of Western Canadian farmers seeking a reliable, locally sourced nitrogen fertilizer. Establishing this facility in Saskatchewan aims to reduce dependency on imports while providing a sustainable, farmer-owned alternative to import, freight costs and leakage of profits outside of Canada.
The FEED phase is scheduled to begin this December, setting defined timelines for the project. With commercial operations targeted to commence by 2029, Genesis Fertilizers will provide regular updates as we work toward revolutionizing fertilizer production in Western Canada.
