Return Policy

Last updated: January 2025

Overview

NEW HORIZON TRADING LLC is committed to ensuring customer satisfaction with all energy commodity transactions. Due to the nature of our products—crude oil, natural gas, refined petroleum, and petrochemicals—returns are subject to specific conditions and industry standards.

This Return Policy outlines the circumstances under which returns, replacements, or refunds may be considered for products supplied by NEW HORIZON TRADING LLC.

Quality Assurance Standards

All products supplied by NEW HORIZON TRADING LLC meet or exceed international quality standards and specifications agreed upon in the purchase contract. We provide:

  • Complete product specifications and certificates of analysis
  • Third-party inspection reports upon request
  • Documentation of origin and handling procedures
  • Compliance certificates with applicable regulations

Conditions for Returns

Returns or claims may be accepted under the following circumstances:

1. Quality Non-Conformance

If the delivered product does not meet the specifications outlined in the purchase agreement, customers must notify us within 48 hours of delivery. A detailed analysis report from a certified independent laboratory must be provided to support the claim.

2. Contamination or Damage

Claims for contamination or damage must be reported immediately upon discovery and before the product is used or processed. Photographic evidence and inspection reports are required to process such claims.

3. Delivery Errors

In the event of incorrect product delivery or quantity discrepancies, customers must notify us within 24 hours of receipt. All original packaging and documentation must be preserved for verification purposes.

Return Process

To initiate a return or claim, please follow these steps:

1

Contact Our Team

Reach out to our customer service department at +1 (210) 273-0772 or info@newhorizontrad.com with your order details and the nature of the issue.

2

Submit Documentation

Provide all required documentation including purchase orders, delivery receipts, laboratory reports, and photographic evidence where applicable.

3

Claim Review

Our quality assurance team will review your claim within 5 business days. We may conduct an independent inspection or request additional information.

4

Resolution

Upon approval, we will arrange for product replacement, credit adjustment, or refund according to the terms of your purchase agreement.

Non-Returnable Items

The following circumstances are not eligible for returns or refunds:

  • Products that have been used, processed, or transferred to third parties
  • Damage occurring after delivery due to improper storage or handling
  • Claims made beyond the specified notification period
  • Changes in market prices or customer preferences after purchase
  • Products damaged during transportation by customer-appointed carriers

Refund Processing

Approved refunds will be processed within 15-30 business days following claim approval. Refunds will be issued to the original payment method used for the purchase.

For large-volume transactions, refund terms may be governed by specific contractual agreements and may involve negotiated settlement terms.

Dispute Resolution

NEW HORIZON TRADING LLC is committed to resolving all customer concerns fairly and professionally. In cases where disputes cannot be resolved through direct negotiation, we agree to:

  • Engage independent third-party testing and verification
  • Participate in mediation or arbitration proceedings
  • Comply with applicable industry standards and regulations

Contact Information

For questions regarding this Return Policy or to initiate a return claim, please contact:

NEW HORIZON TRADING LLC

5821 Hidden Creek Ln, Frisco, TX 75036

Phone: +1 (210) 273-0772

Email: info@newhorizontrad.com