NOFOTA stands for Netherlands Oils, Fats and Oilseeds Trade Association, being the Dutch umbrella-organisation of companies concerned with the production, consumption and trade of vegetable and animal oils and fats, oilseeds and their derivatives.

NOFOTA is founded in 1918, established as the Nederlandsche Bond voor den Handel in Vetten, Oliën en Oliezaden, has approximately 180 members. A-members (kindred organisations), B-members (producers, consumers, traders and brokers) and C-members (organisations concerned with the production and trade such as storage companies, laboratories, banks etc.).

It draws up standard contracts, which are of international usage. The latest version of the NOFOTA Trading Rules can be downloaded here (version 1 January 2024). Moreover it provides a mechanism for the settlement of disputes by its arbitration institute.

Events

SEP
26

September 26, 2024

UCOGRAS Annual Dinner

Botanic Sanctuary, Antwerp BE

1
OCT

October 1, 2024

NOFOTA seminar on Trading Rules

VNAB, Boompjes 251, 3011 XZ Rotterdam

7
NOV

November 7, 2024

FOSFA AGM and Annual Dinner

The Brewery, London

28
NOV

November 28, 2024

GROFOR Annual Dinner

Grand Elysee Hotel, Hamburg

5
DEC

December 5, 2024

FOSFA Oils & Fats Dinner

Tallow Chandlers Hall, London

updates

Non-compliance with arbitral award: ORANGE LIFE HOLDING B.V.

It is with regret that we have to inform you that the Council has decided to post the following Company(ies) under rule 18.1 of the NOFOTA Rules of Arbitration: ORANGE LIFE HOLDING B.V.Parklaan 83016 BB RotterdamThe Netherlands

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OTC Flow new member of NOFOTA

OTC Flow in Amsterdam is a new member of the association as per 13 September 2024. OTC Flow is active as a broker in biofuels and biofuel raw materials and thus a B-member of NOFOTA.

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Contitank B.V. recognised storage company

As per 17 July 2024 Contitank in Farmsum is added to the list of NOFOTA recognised storage companies.

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Warning for fraud with documents in the UCO market

Recently NOFOTA received reports of fraud in the UCO market. This fraud would allegedly be committed by companies selling UCO on the European market under the applicability of the NOFOTA Trading Rules, issuing fake documents including bills of lading, certificates…

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Seminar NOFOTA Trading Rules

On Tuesday 1 October 2024 NOFOTA organises a seminar on Trading Rules.Lectures are given by experts in the trade and legal professionals and supported by case studies. Click here for more information and registration.

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