The agribusiness said the project is in response to an uptick in global demand for canola products. American agribusiness Cargill is preparing to launch a $350 million project to construct a new canola processing plant in Regina, SK to help meet rising demand for canola products around the world, the company announced Thursday. The firm said it also intends to update and modernize two other canola plants in the province. “We are confident that the continued growth and competitiveness of the canola processing industry and look forward to helping farmers access increasing market demand,” Jeff Vassert, president of Cargill Canada, said in a release. “Through these projects, we’re committed to providing a better, more efficient customer experience across our network, making it easier to do business with Cargill.”