Ontario Construction News staff writer
Sucro Can Sourcing has announced its plan to build Canada’s largest sugar refinery at the Port of Hamilton, on lands owned by HOPA Ports (Hamilton-Oshawa Port Authority).
The new refinery, with an expected future annual refining capacity of a million metric tonnes, will cost about $135 million to build.
“The sugar markets in both Canada and the United States are experiencing steady, long term, sustainable growth, and Sucro is investing to supply these growing market demands,” said Jonathan Taylor, founder and CEO of Sucro Sourcing. “We have a customer base that is loyal and growing, benefiting from the new competition we are bringing to the market.”
“Despite steady demand from an expanding food processing sector, overall refining capacity in both Canada and the United States has been stagnant for years, especially in Ontario, where the demand for sugar is growing at one of the fastest rates in North America.”
Sucro Can’s focus on improving its customers’ supply chains is one of the keys to its success, and a key reason for choosing the Port of Hamilton as the location for its new refinery.
The site has access to marine, rail and highway transportation systems.