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Sask. canola protein to feed aquaculture
Protein extracted from Saskatchewan canola could be finding its way to fish farms around the world to replace the disappearing Peruvian anchovy.
Toronto-based Bio-Extraction Inc. (Bio-Exx) is building a $10-million low-volume, low-temperature canola crushing plant in the Corman Industrial Park to provide protein to the global aquaculture industry.
Bio-Exx received more than $11 million in backing this winter from a group of four venture capital funds to complete the facility. Bio-Exx has incorporated a Saskatchewan subsidiary, BioExx Specialty Proteins Inc. to operate and sell the output from the Saskatoon plant.
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