CN Railway Grants 15-Year Lease for 7.34-Acre Scotford Recycling Site
CNI•Canadian National Railway has secured a conditional 15-year lease with PlasCred for a 7.34-acre Scotford Yard, including a 35,000-square-foot building and 200-car rail siding with options to extend to 30 years. The lease supports inbound mixed plastic waste and outbound hydrocarbon condensate shipments, boosting rail logistics revenue and yard utilization.
1. Lease Agreement Details
On June 25, Canadian National Railway entered into a conditional lease with PlasCred for a 7.34-acre parcel at Scotford Yard. The agreement grants an initial 15-year term with options to extend up to 30 years and includes a 35,000-square-foot industrial building and a 200-car rail siding, contingent on conditions being met by August 1, 2026.
2. Facility Operations
The leased site will house an advanced recycling facility capable of processing up to 100 tonnes of mixed hard-to-recycle plastics daily and converting it into approximately 500 barrels of refined hydrocarbon condensate per day. Direct rail access will streamline the receipt of plastic waste bales and shipment of finished condensate products, reducing the need for additional infrastructure.
3. Strategic Implications
This long-term agreement secures recurring lease revenue for CN Railway and guarantees consistent rail traffic through waste inbound and condensate outbound movements. The deal enhances Scotford Yard utilization, strengthens CN’s logistics platform in Alberta’s Industrial Heartland, and supports potential future expansion opportunities.
