Product Description
DATE: March-2012
SOFT OFFER
ORDINARY GREY PORTLAND CEMENT
FOR CONSTRUCTION GRADE 42.5
ACCORDING TO BRITISH STANDARDS (12/1996)
OR AMERICAN STANDARDS (ASTM C-150)
We, SNB PROMOTIONS LTD , with full corporate and legal responsibility, confirm that the Seller are ready,
willing and able to upply, CEMENT PORTLAND 42,5, according to the following terms and conditions
from the provider:
Origin: as EUROPA and/or AMERICA and/o AUSTRALIAat seller choice, not China
Destination: CIF-ASWP
Packaging: Standard-50 kg PP seaworthy bags
CONTRACTS PRICE : 78,00 USD/MT. CIF ASWP
CONTRACT MINIMUM SINCE 12,500 MT X 12 MOTHS until 1.000.000 mt x 12 MONTHS
Delivery for IRAN – IRAQ, EXTRA COSTS (+ 15$/MT added)
PAYMENT: SBLC or BG, (1 month value delivery, covering the last month) +
MT103/23 or ARDLC, Unconditional, Transferable, Divisible, Irrevocable.
Payment shipment value x shipment delivery from Top 50 Western Prime Bank.
GOST CERTIFICATE (RUSSIA) ADD $20,00 PER MT
SABS CERTIFICATE (SOUTH AFRICA) ADD $7,00 PER MT
Attention the BANK GUARANTEE is not a payment. The funds stayjammed in the account of the Buyer, and will be freed (paid) to theexpiration of the contract (after having received all the deliveries of the portland).THE BG ISNT APAYMENT, IS ONLY A BLOCK FUNDS IN HIS OWN BANK(BUYER BANK), AND ONLY WILL BEPAYED IN THE LAST OF THE CONTRACT
SPOT PRICES 42,5 . Europa /Spain origin
12.500 MT 1 Delivery 110 $/MT
25.000 MT 1 Delivery 100 $/MT
25.000 MT 2 x 12,500 Delivery 105 $/MT
37.500 MT 1 Delivery 95 $/MT
37.500 MT 3 x 12,500 Delivery 100 $/MT
50.000 MT 1 Delivery 90 $/MT
50.000 MT 2 x 25,000 Delivery 95 $/MT
50.000 MT 4 x 12,500 Delivery 100 $/MT
75.000 MT 3 x 25,000 Delivery 95 $/MT
75.000 MT 6 x 12,500 Delivery 100 $/MT
100.000 MT 2 x 50,000 Delivery 85 $/MT
100.000 MT 4 x 25,000 Delivery 92 $/MT
100.000 MT 8 x 12,500 Delivery 95 $/MT
PACKING
50KG. BAGS; 1,5 OR 2MT SLING BAGS FOR BULK; AT BUYER’S CHOICE
SHIPMENTS
12,500MT;25,000MT; 50,000MT OR 100,000MT AS PER BUYER REQUEST.
DELIVERY SCHEDULE
INITIAL SHIPMENT WITHIN 30-45 DAYS AFTER THAT THE BANK LETTER OF THE
“LC”AVAILABILITY FOR PAYMENT,ISSUED FROM BUYER’S BANK IS ARRIVED INTO
SELLER’S BANK.
PERFORMANCE BOND( TWO (2%) PERCENT FROM BUYER’S BANK TO SELLER’S BANK AS
GUARANTEE TO PURCHASE AND TWO (2%) PERCENT FROM SELLER’S BANK TO BUYER’S BANK TOGUARANTEE THE AVAILABILITY OF THE PRODUCT. THE 2% IS REFERRED AT SHIP
MONTHLY QUANTITY .
INSPECTION
PROVIDED BY “SGS” OR OTHER COMPATIBLE WORLD CLASS ORGANIZATION AT
THE PORT OF DESTINATION AT SELLER’S COST.
SPOT PAYMENT TERM:
BUYER’S BANK PAYMENT INSTRUMENT WILL BE AN IRREVOCABLE, ASSIGNABLE,
UNENCUMBERED, DIVISIBLE, OPERATIVE AND TRANSFERABLE BG/BANK
GUARANTEE OR STAND BY LETTEROF CREDIT FOR THE SUM OF USD
$000,000.00 (UNITED STATES DOLLARS) COVERING THE TOTAL VALUEQUANTITY AND VALUE THAT WILL ACT AS A COLLATERAL SECURITY GUARANTEE
TOWARDS SUCCESSFUL COMPLETION AND LIFTING OF THE CONTRACTED
QUANTITY, AND WITH A MATURITY DATE OF 3 UP TO 14 MONTHS.
CONTRACT PAYMENT TERM
PAYMENT OF THE AGREEMENT QUANTITY SHALL BE EFFECTED BY A MONTHLY
REVOLVING TRANSFERABLE DIVISIBLE LETTER OF CREDIT TO SELLER’S BANK FROM
BUYER’S BANK FOR THE MONTHLY CONTRACT VALUE OF THE MONTHLY REVOLVING
TRANSFERABLE DIVISIBLE LETTER OF CREDIT SHALL BE : AUTOMATICALLY REVOLVING,
IRREVOCABLE, TRANSFERABLE, DIVISIBLE, UNCONDITIONAL,
UNRESTRICTED,UNENCUMBERED UPON AND CONFIRMED BY ONE OF THE 50 WESTERN
THESE PAYMENT TERMS WILL BE GUARANTED THROUGH A IRREVOCABLE PRIME BANK
STAND-BY LETTER OF CREDIT OR BANK GUARANTEE FOR THE VALUE OF 1(ONE) MONTHCOVERING THE LAST MONTH SHIPMENT QUANTITY AND VALUE THAT WILL ACT AS A
COLLATERAL SECURITY GUARANTEE TOWARDS SUCCESSFUL COMPLETION AND
LIFTING OF THE CONTRACTED QUANTITY, AND WITH A MATURITY DATE OF 14 MONTHS.
THE SBLC OR BG SHALL BE IRREVOCABLE, TRANSFERABLE, DIVISIBLE, UNCONDITIONAL,
UNRESTRICTED, UNENCUMBERED UPON AND CONFIRMED BY ONE OF THE 50 WESTERN
PRIME WORLD BANK. THE MONTHLY REVO NG TRANSFERABLE DIVISIBLE LETTER OF
CREDIT AND THE STAND-BY LETTER OF CREDIT OR BANK GUARANTEE SHOULD BE
ISSUED AT THE BEGINNING OF THE CONTRACT PERIOD AND BOTH SHALL BE ISSIED AN
ACCEPTABLE BANK AND CONFIRMED BY ONE OF THE 50 PRIME WESTERN WORLD BANK
Bank contact is only permitted between the Buyer’s Bank and our Bank. Directcontact with our Bank contact is only permitted between the Buyer’s Bank and our Bank. Directcontact with our bank by the Buyer will be considered as contract breach, liable to pay an indemnity of2 % over the non delivered goods.
Financial instruments must be confirmed by a European Bank listed in Appendix
APPENDIX
The Buyer’s Bank enters in TOP 50 WORLDS BANKS, or if the Buyer’s Bank does not enter inTOP 50 World Banks then the Confirming Bank which enter in TOP 50 Worlds banks is
necessary soplease open thins link and you will see list of TOP 50 Worlds Banks.
GREY PORTLAND CEMENT FOR CONSTRUCTION
GRADE 42.5 according to British standards BS12/96 or ASTM C-150.
CHEMICAL ANALYSIS
Formula 42.5 r Typical AnalysisSiO2 Silicon Dioxide 21 %
Al2O Aluminum Oxide 5.30 %
Fe2O3 Ferric Oxide 3.30 %
CaO Calcium Oxide 65.60 %
MgO Magnesium Oxide 1.10 %
SO3 Sulphur Trioxide 2.70 %
LOI Loss Of Ignition 0.90 %
C3A Tricalcium Aluminates 8.05 %
C3S Tricalcium Silicate 60.00 %
C2S Dicalcium Silicate 15.00 % C4AF
Tricalcium Alumino Ferric 9.76 %
PHYSICAL AND MECHANICAL PROPERTIES
Blain CM2/GR 3.250Autoclave Expansion 0.02Initial Setting Time (VICAT) 105 MinutesFinal Setting Time (VICAT) 135 MinutesCompressive Strength03 days -230 KG/CM207 days 305 KG/CM228 days 420KG/CM2
NOTE: With the purpose an stop to the ghost requests , after the acceptance of the ICPO ofthe Buyer, that has to be conforming to the Seller Procedures, the Seller it will send a FCO.
The Buyer will owe resend the FCO, signed and sealed, for acceptance, and it will have tosend, besides, a MT999 OR BCL , by Swift, bank to bank as POF.
The POF will have to confirm that the Buyer has the funds to send forth the BG,
requested to guarantee. Doesn't wonder a total POF, but only for the value of the BGthat will have to be open to guarantee. Only after having received the MT999 ORBCL, as POF, the Seller will send the Contract.
PROCEDURES
1) Buyer issues ICPO , including Buyer’s bank references + Buyer passport copy
– to LIGHT PRECIOUS RECORDS LTD via Mr.Bustos/Mr.Manca2) Seller shall provide FULL CORPORATE OFFER and returns the FCO duly signedand sealed as acceptance and returns it with an ICPO
Buyer returns Full Corporate Offer signed and stamped accepting price and sale termsand send to Buyers bank and SWIFT MT 999 OR BCL / POF as proof of funds, seeing
below the details of the bank of seller for sending the SWIFT, for the Issuing Bank ofthe BG, UNCONDITIONAL, IRREVOCABLE, TRANSFERABLE COVERING the amount
of .000MT of the total value amount of US $.000.000,00 ( Million US Dollars), from top50 World Bank.
3) Seller issues Contract4) Buyer sign, seal and return the Contract to Seller, duly signed and sealed – TheSeller sign the Contract and return to the Buyer5) Buyer and Seller deposit a copy of the executed Contract to their respective6) The Buyer, within 3 (Three) banking days, Buyer Bank sends to Seller’s Bank , aOperative Financial Instruments by an 25 TOP BANK *:
7) Buyer opens the Bank Guarantee (BG) as agreed in the contract to the Seller’sBank.
8) Within 7 banking days, Seller’s Bank sends the POP and Perf.Bond 2% via SwiftBank to Bank methods to the Buyer’s Bank , to Activate the Buyer’s FinancialInstrument.
9) Shipment to start within 30/45 days after the Buyer's Bank released the financialinstruments to the Seller's Bank.