Letter from ICOA President

Posted on by on April 20th, 2020 | Comments Off on Letter from ICOA President
April 20, 2020

Dear Members,

As of today, more than half of the worldwide population is confined due to the Covid-19 pandemic. Firstly, we hope that you and your beloved ones are fine and in good health. Due to the threat and constrain posed by the Covid-19 pandemic, the board of The International Castor Oil Association has decided to cancel this year’s Annual General Meeting which was scheduled to take place in Sorrento, Italy on 2-4 June 2020. Maintaining the safety and the health of our attendees, speakers and staff is our first priority. As a result, following a vote of the board, we have decided the following:

• The Annual General Meeting will be held next year, in Sorrento, Italy on 25-27 May, 2021. Please be sure to cancel any existing reservation by 2 May, 2020.

• The 2020 membership will be extended to 2021. For those who have not yet renewed their membership dues for 2020, the board has postponed the final payment due date to May 31st, 2020. Please note that if payment is not received before this date, you will no longer be considered in good standing and will not be able to participate in any vote.

• The bylaws will be amended to account for this extraordinary situation. It is proposed when there is a pandemic or similar circumstance to extend the maximum period between two Annual General Meetings from 18 months to 30 months and to prolong the mandate of the board members by another year. This modification of the bylaws will be submitted to members in good standing for a vote by e-mail during the month of June.

Life around the world has changed in a short period of time. The way we live, interact and do business have all been radically disrupted. In this context, The International Castor Oil Association will regularly post on its website a newsletter to update our community with the latest developments of the castor market, from the market yards to the manufacturing and shipping of castor oil and derivatives. We thank those who will be writing this newsletter and providing its content. It will contribute greatly to better connecting our community.

Should you have any questions, please contact us via email icoa@icoa.org

Stay safe and take care of one another.

Francois Guillemet President of the International Castor Oil Association www.icoa.org

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