sell a Spot Methanol to India
sell a Spot Methanol to India Tender: No.: KPC-23-30
Tender: No.: KPC-23-30
Invitation for Sale of Methanol
Dear All;
Please be informed that, KPC (Khark Petrochemical Co) is willing to sell a Spot Methanol to India as per following terms and conditions. You are kindly requested to complete the following form and send only to tender@khipc.com.
Should you have any further inquiries, please feel free to contact us via email s.shahbakhsh@khipc.com or via the under sign +98 21 26132171
Name of Company:
Market__________________________India
Quantity________________________ 20,000 MT +/-10% at Seller’s option
Quality__________________________As per KPC guaranteed Specifications
Delivery Term__________________ Fob Kharg Island
Shipment Time________________-During September & October 2023
Payment Terms________________10 % by CASH within two days after issuance of PI and 90% remained before vessel Arrival/berthing in Euro or AED to a nominated account out of Iran
NOTE: if sales committee decide to make any changes on payment terms, it can be applied to above terms.
Loading Port__________________- Kharg Island
Discharge Port________________-India
Inspection______________________The Seller"s appoint his own inspector (IEI) at load port. The Buyer has the option to appoint an alternative inspector at their own expense,subject to the sellers approval
Pricing Formula________________Price : FOB kharg =C X alpha – 40 USD/MT
C =Average of mid-point of METHANOL spot prices CFR India in USD/MT quoted by ICIS pricing (Methanol–Asia Pacific) publication under heading “SPOT PRICES” and Platt’s Asian Petrochemical scan publication under heading “Aromatics”” .*2 issues will be taken for each Publication as per bellow :
-Quotations to be applied shall be the average of the following published quotes: (1) the quote published one week before the week of the BL at loading port, (2) the quote published during the week of BL at loading port.-In case that mentioned publications are not published or are not available, the unpublished quote shall be omitted.
Validity______________________-This Tender will be valid till end of Saturday 16-09-2023, offers received after the due time would be discarded. Your proposal shall remain valid until Monday 18-09-2023 (COB Tehran Time) for our verification and obtaining board approvals.
Note
• Offers with incomplete information will not be deemed eligible for consideration.
• Participants shall complete the company registration in KPC sales system through following link: https://khargpetrochemical.ir/index.aspx?&siteid=2&pageid=260
• KPC reserves the right to scrap the tender with no reasoning.
• KPC reserves the right to accept or reject the offers provided by bidders
• Week is defined to run from Monday to Sunday.
• The nominated vessel shall be confirmed by Seller
METHANOL
PRODUCT AT KHARG PETROCHEMICAL COMPANY
TEST ASTM METHOD RESULTS
1- PURITY WT% MIN. ASTM E-346 99.85
2- WATER WT%. MAX. ASTM E-1064 0.1
3-ACETONE & ALDEHYDE WT% MAX. ASTM D-1612 0.003
4-ETHANOL WT% MAX. ASTM E-346 0.004
5- SP.GR @ 20/20°C MAX. ASTM D-4052 0.7928
6- ACETONE WT% MAX. ASTM E-346 0.002
7-PERMANGANATE TIME ASTM D-1363 GREATER THAN 60 MIN
8-NON VOLATILE MATTER ASTM D-1353 LESS THAN 8mg /1000ML
9-DISTILATION RANGE °C ASTM D-1078 NOT MORE THAN 1°C AND SHALL INCLUDE 64.6°C+ 0.1°C
10-COLOR PT-Co Scale MAX. ASTM D-1209 5
11-CARBONIZABLE MAX. ASTM E-346 30
12-PH MAX ASTM D-1293 7.5
13-IRON PPM MAX. ASTM D-1068 0.1
14-CHLORIDE PPM MAX. ASTM D-512 0.2
15-APPEARANCE ____- CLEAR AND FREE FROM SUSPENDED MATTER
16-ODOR ASTM D-1296 CHARACTERISTIC NONRESIDUAL
17-MISCIBILITY ASTM D-1722 PASSES TEST
18-ACIDITY AS CH3COOH% MAX. ASTM D-1613 0.003
19-ALKALINITY AS NH3% MAX. ASTM D-1614 0.003
20-HYDROCARBONS ASTM D-1722 PASSES TEST
21-SULFUR PPM MAX ASTM D-5623 0.2
22-TMA PPb MAX ASTM E-346 50
