PHYTO ORGANIX ANNOUNCES $225 MILLION IN STATE OF TECHNOLOGY, NET Z. . . | HOMBRESFN. COM

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The company will employ 80 Albertans and contribute more than $120 million to Alberta’s affordable yellow pea agri-food processing.

CALGARY, AB, May 24, 2022 /PRNewswire/ — Phyto Organix Foods Inc. is pleased to announce that it has signed a letter of intent to acquire 15 acres of land in the Western Irrigation District’s City of Strathmore, Alberta, as the location of its new state-of-the-art, net-zero emission plant protein processing facility. plant-based protein business. When operational in 2024, Phyto Organix will use patented rain fractionation generation for 40,000 metric tons of yellow peas, grown near the facility, in soluble and insoluble protein isolates, processed fiber and starch, and high-quality nutritional foods. pea peel every year. fiber.

“This is an exciting time to be an Albertan,” said Chris Theal, founder, president and CEO of Phyto Organix. “Our $225 million investment will generate more than $120 million in annual GDP, employ 80 Albertans and lead to tangible economic diversification. in the city of Strathmore and the province of Alberta. Our team has designed a net-zero facility to produce food that includes our core values of health, wellness and sustainability. We are motivated to lead the plant protein industry in Alberta.

As a component of the new facility, Phyto Organix earned $1 million over two years, cost-sharing through the federal and provincial governments through the Canadian Agricultural Association, at engineering prices and equipment procurement.

“Alberta’s food processing sector is a key driving force of our economy, and customer demand for responsibly produced plant-based protein in Canada is developing around the world,” said the Honourable Marie-Claude Bibeau, Federal Minister of Agriculture and Agri-Food. “This investment in Phyto Organix’s new net-zero facility supports local producers, protects the environment and increases our ability to meet global demand for our sustainable, high-quality food. “

“Plant-based protein is an emerging subsector with a significant prospect for the expansion and diversification of Alberta’s agricultural processing industry. With demand for high-quality plant-based products expanding particularly in recent years, the Government of Alberta is pleased with corporations like Phyto Organix working with local producers, creating jobs and helping to grow Alberta’s economy. “Nate Horner, Minister of Agriculture, Forestry and Rural Economic Development

“Today’s announcement is a victory for Alberta’s agriculture, innovation and generation-blank sectors,” said Rick Christiaanse, chief executive of Invest Alberta. “Invest Alberta is pleased to assist Phyto Organix in its high-value investment adventure in Alberta as the province continues to be a selection destination for exciting new operations that create jobs, sustainability and have a significant economic impact. “

Phyto Organix is committed to the leaders in generation, structure and engineering in the design of its facilities. The company will use SiccaDania’s proprietary embedded processing generation A/S and has contracted Bird Construction and GHD Engineering to lead the design and structure of the facility and 3-d connectivity with the processing equipment. SiccaDania is a world leader in protein extraction technologies based in Denmark; Bird and GHD are identified leaders in the food and protein processing services structure in Canada.

Phyto Organix’s 100,000-square-foot facility will be the first net-zero plant protein processing facility in North America. Plant features include:

Phyto Organix plant proteins and co-products will be announced under the Phyto Optimate brand, which stands out for its maximum purity, clearly white and odorless with protein isolates of globulin G85 (alternative to meat) and albumin A85 (alternative to milk) and with strong functional attributes for food applications. “Phyto Optimate leverages the confluence of our differentiated product quality, our sustainability pedigree and our team’s hobby to research and find processed item answers for the emerging segment of health- and wellness-conscious food customers,” the theal said. We have great complexity in Phyto Optimate’s vital acquisition agreements with global customer and supplier packaged goods corporations and look forward to finalizing initial commitments in the coming months. “

Phyto Organix Foods Inc. es a privately owned independent company in Calgary that innovates, processes, develops and distributes plant protein, starch, fibre and pea peel fibre for the food and beverage industry. will produce a high-purity yellow pea protein isolate with optimal capacity for use in food formulations for a variety of packaged meat and dairy corporations that share our vision of sustainably processed foods. The company will source yellow peas from local organic and traditional farms and employ another 80 people (including another 60 people at its Strathmore plant).

Bird (TSX: BDT) is a leading Canadian-structured company that operates from coast to coast and serves all of Canada’s primary markets. Bird supplies a complete diversity of structural installations, from new structures to commercial, commercial, institutional and civil infrastructure markets; commercial maintenance, repair and operation facilities, heavy civil structures and mining facilities; as well as vertical infrastructure, adding electrical, mechanical and specialized trades. For over a hundred years, Bird has been a people-centric company with an unwavering commitment to protection and a superior service point that offers a long-term price to all stakeholders. .

GHD is a leading professional company operating in the global water, energy and resources, environment, real estate and buildings and transportation markets. Committed to a vision to make water, energy and urbanization sustainable for generations to come, GHD provides environmental and structural responses to public sector and personal customers. Founded in 1928 and privately owned through its employees, GHD’s network of more than 10,000 specialists is connected through two hundred offices on five continents.

SiccaDania is a Danish company founded on wisdom and many experienced engineers in the field of complex responses for food processing. dairy and nutraceutical applications. Headquartered in Denmark, SiccaDania has established a global presence with offices in France, Germany, the Netherlands, Poland, Singapore, China, Brazil and Canada. With around 450 international workers working tirelessly to create new designs and responses in the atomization boxes, evaporation, mixing, filtration, freeze-drying, sleeve filters, cyclones and many other generation divisions.

Established approximately 80 years ago, the Western Irrigation District (WID) supplies irrigation water to more than 400 farms and 96,000 acres of land east of Calgary. Through cutting-edge partnerships, WID seeks opportunities to modernize and expand infrastructure, protect irrigation water quality, and recently opened a new headquarters in a facility shared with Marigold Library System in Strathmore, Alberta.

The Canadian Agricultural Association is a five-year, $3 billion commitment from Canada’s federal, provincial and territorial governments that supports Canada’s agriculture, agri-food and agricultural products sectors. This includes a $2 billion commitment with 60% shared pricing through the federal government. and 40% across provinces/territories for systems designed and delivered across provinces and territories.

SOURCE Phyto Organix Foods Inc.

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