Federation of Oils, Seeds and Fats Associations
Abbreviation | FOSFA International |
---|---|
Formation | 25 January 1968 |
Type | Trade association |
Legal status | Private company |
Purpose | Oil, seeds and fats |
Headquarters | 4-6 Throgmorton Avenue, London EC2N 2DL |
Region served | Worldwide |
Membership | 1100 companies in 89 countries |
Chief Executive | Stuart Logan |
Main organ | FOSFA Council (President - Marcus Reis) |
Staff | 7 |
Website | www.fosfa.org |
The Federation of Oils, Seeds and Fats Associations (FOSFA International) is the main trade association for the oil, seeds and fats industry. It regulates legal contracts in the trade/industry.[1]
History
FOSFA was formed from four other previous organisations in 1968.
It used to be based at 20 St Dunstan's Hill, London EC3R 8NQ.
Function
85% of worldwide trade in oils and fats is under FOSFA contracts. It regulates trade in the industry. The clauses in contracts are known as the FOSFA Rules. Its rules cover products transported with Cost, Insurance and Freight (CIF) or Freight on Board (FOB).
It holds week-long residential training courses during the summer and Autumn at London University, Royal Holloway.
See also
- British Association of Cold Pressed Oil Producers
- National Edible Oil Distributors Association - linked to the Food and Drink Federation
- EU Oil and Proteinmeal Industry - FEDIOL
- European Federation for the Science and Technology of Lipids
References
- ↑ Federation of Oils, Seeds and Fats Associations, Retrieved June 2011
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