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 150 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 November 2021). Moreover it provides a mechanism for the settlement of disputes by its arbitration institute.
Bio Oil Sarl in Blat (Lebanon) has been added to the NOFOTA list of Postings. Companies who default on contract terms and who fail to honour awards against them, may be ‘posted’ as defaulters. The Council approved to add Bio…
read moreAs per 15 December 2021 Golden Agri becomes a new member of NOFOTA. Golden Agri, part of the Sinar Mas Group is a a producer of palm-based products. The European office is located in Driebergen-Rijsenburg.
read moreAs from 1st November 2021, the Unfair Trading Practices in Agriculture and Food Supply Chain Act entered into force. PLOUM lawyers is organizing a webinar. The new Act has far-reaching consequences for the food industry and its suppliers and purchasers.…
read moreThe NOFOTA Trading Rules (NTR) have been revised as per November 1st, 2021. The specifications and allowances for Used Cooking Oils have been added on the last page of the NTR. Besides two standard analysis methods have been added to…
read moreIt is with deepest sorrow to inform you that Mr. Hanns W. Salzer Levi died on Thursday 21 October 2021. Mr. Levi served as Council member and President between 1969 and 1989. In 1989 Mr. Levi was appointed Honorary Member…
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