Ceres reaches fertilizer deal with Koch at Northgate facility

Ceres Global Ag Corp, which owns the Northgate Commodities Logistics Centre at Northgate, Sask.Canada, has reached a fertilizer handling and storage agreement with Koch Fertilizer Canada.

Ceres announced Nov. 17 that it has negotiated a deal that will give Koch exclusive use of yet-to-be-constructed fertilizer storage facilities at Northgate.

The proposed fertilizer facilities are scheduled for completion in May 2017 and will include three bulk storage bays with a total capacity of more than 23,000 tonnes.

Ceres, a Canadian-based company, is the sole owner of Riverland Ag Corp., a grain collection and storage enterprise that includes more than 35 facilities in Canada and the United States.

Ceres also owns a 25 percent stake in Stewart Southern Railway, a short-line rail company in southern Saskatchewan, and is building a commodity logistics hub at Northgate, not far from the Canada-U.S. border.

That facility will include fertilizer storage and handling facilities, oil and gas transloading infrastructure and a high-throughput concrete grain elevator that is to be completed next year.

Koch is an international fertilizer manufacturing company that has wholly owned or partially owned manufacturing facilities in the U.S., Canada and the Caribbean.

Its existing Canadian facilities include a Brandon manufacturing plant that produces anhydrous ammonia, urea, UAN solutions, nitric acid and other ammonia products.

“This agreement with Koch is an important milestone in our build-out of the Northgate facility,:” said Ceres chief executive officer Patrick Bracken.

“We expect that Ceres’s ability to offer fertilizer distribution will make Northgate a more attractive destination for farmers to sell their grain.”