Portland Cement 42.5 N/R

Commodity:
Portland Cement 42.5 N/R

Origin:
Seller's Choice,USA, CANADA, MEXICO, EEUU, AS REQUESTED, (NOT INCLUDING CHINA TURKEY INDIA & INDONESIA)

Quantity:
Minimum 12500 MT*12

Packing:
Packed in BULK or 50 kg bags

Destination:
CIF (Incoterms 2000) ASWP

Shipping:
45-60 days after receipt and acceptance of the L/C

Loading Port:
At sellers choice

Inspection:
SGS

Contract length:
12 months

Payment:
QUANTITY & BASIS OF DELIVERY QUANTITY & BASIS OF DELIVERY
GREY PORTLAND CEMENT OPC 42.5 NGREY PORTLAND CEMENT OPC 42.5 R
Price : CIF AWSP - NO AFRICA
12.500 mton x 12 months - 94.00 usd
25.000 mton x 12 months - 92.00 usd
50.000 mton x 12 months - 89.00 usd
100.000 mton x 12 months - 87.00 usd
125.000 mton x 12 months - 86.00 usd
200.000 mton x 12 months - 85.00 usd
250.000 mton x 12 months - 83.00 usd
500.000 mton x 12 months - 82.00 usd
1.000.000 mton x 12 months - 78.00 usd


PERFORMANCE BOND PERFORMANCE BOND – –
THE SELLER AGAINST THE BUYER'S NON-OPERATIVE THE SELLER AGAINST THE BUYER'S NON-OPERATIVE TRANSFERABLE LETTER OF TRANSFERABLE LETTER OF
CREDIT WILL POST A PERFORMANCE BOND EQUAVILENT TO THE SUM OF CREDIT WILL POST A PERFORMANCE BOND EQUAVILENT TO THE SUM OF 2%, OF 2%, OF
THE THE MONTHLY SHIPMENT VALUE MONTHLY SHIPMENT VALUE, ,ON A REVOLVING BASIS UNTIL THE TOTAL ON A REVOLVING BASIS UNTIL THE TOTAL
QUANTITY HAS BEEN SHIPPED – QUANTITY HAS BEEN SHIPPED –
INSPECTION INSPECTION
THE THE QUALITY,THE AMOUNT ACCORDING TO SGS IN THE PORT OF LOADING TO THE QUALITY,THE AMOUNT ACCORDING TO SGS IN THE PORT OF LOADING TO THE
COST OF THE SELLER COST OF THE SELLER
DATE OF DELIVERY: DATE OF DELIVERY:
FROM 30 TILL 45 DAYS FROM THE DATE OF ACCEPTING THE LETTER OF CREDIT BY FROM 30 TILL 45 DAYS FROM THE DATE OF ACCEPTING THE LETTER OF CREDIT BY
THE SELLER BANK THE SELLER BANK
Standard Contract Procedures

* A “soft offer” via website is identified (i.e. price, quantity, specifications, and procedures can be viewed).

* Buyer sends valid letter of intention (LOI) with full banking co-ordinates and written permission to conduct a soft bank probe (or a bank comfort letter
(BCL)) to Puissant, Inc.

* Supplier sends Full Corporate Offer/Draft Contract (FCO) (DC).
Buyer signs, seals and returns FCO/DC + BCL to Supplier.

* Supplier sends contract to the buyer.

* Buyer signs and seals contract and returns it to Supplier.

* Supplier signs and seals contract and returns it to the buyer.

* Buyers' bank opens non-operative SBLC/RDLC or BG to Supplier’s bank. (Payment instrument must be issued or confirmed by a TOP 50 bank!)

* Supplier’s Bank issues 2% performance bond (PB) and Proof of Product (POP) via SWIFT to buyers' bank.

* Payment instrument becomes operative.

* Shipments commence as per contract.


Pre-contract proof of product (POP)
Some of our suppliers are willing to offer clients pre-contract proof of product in the form of allocation documentation, quality certification and country specific documentation (such as SABS). Once the supplier is in receipt of a signed draft contract, some of the suppliers are willing to let prospective clients have POP (please note, this is not contractual POP which is produced as a matter of course within the contract stage).

Important Note
Individual Buyers and Suppliers may require minor changes to these contractual procedures.

Frequently Asked Questions (FAQ)

* Puissant, Inc. must receive a LOI + banking coordinates (or BCL) before FCO is issued

* LOI must contain full, verifiable contact and banking details of the buyer

* LOI must be dated within 7 days. LOI older than 7 days will not be acceptable

* LOI must contain target price

* LOI must contain shipment destination. Destination must be a safe world port (SWP) and not sanctioned

* LOI and BCL must be signed and sealed

* BCL must be fresh dated. BCL older than 7 days will not be acceptable

* Suppliers and/or Puissant, Inc. do NOT ask for deposits or any funds “up front”


Acceptable forms of Payment

* Bank Guarantee (BG)

* Transferable Letter of Credit (SBLC / RDLC)

* Non-Transferable Letter of Credit (SBLC / RDLC) by negotiation
(To be issued or confirmed by TOP 50 bank).


Important Note
Payment instruments must be irrevocable, confirmed, auto revolving for one month of shipment value, fully funded and payable at sight (against shipping documents). All payment instruments to be issued or confirmed by TOP 50 bank.

Please note

* Discounted prices are usually not available for “trial orders” though the cost may be rebated at the higher prices paid against a longer term contract by some suppliers (please contact us for further information).

* If Buyers want to visit production facilities: this may be possible and usually at Supplier’s discretion and the Buyer’s cost.


Trading records, allocation certificates and the like are available to Buyers at Supplier’s discretion. Proof of Product (POP) forms part of the contract procedures as a matter of course.
PAYMENT:

OPTION # 1

IRRECVOCABLE FULLY FUNDED TRANSFERABLE REVOLVING

STAND-BY LETTER OF CREDIT (IFFRSLC)

IRREVOCABLE, FULLY FUNDED, UNCONDITIONAL, UNRESTRICTED, UNENCUMBERED, DIVISIBLE, TRANSFERABLE, REVOLVING STAND-BY LETTER OF CREDIT IN FAVOUR AND FOR THE CREDIT OF THE SELLER, THE BENEFICIARY.


OPTION # 2

IRRECVOCABLE TRANSFERBLE REVOLVING

STAND-BY LETTER OF CREDIT (SBLC)


IRREVOCABLE, UNCONDITIONAL, UNRESTRICTED, UNENCUMBERED, DIVISIBLE, TRANSFERABLE, REVOLVING STAND-BY LETTER OF CREDIT IN FAVOUR AND FOR THE CREDIT OF THE SELLER, THE BENEFICIARY.

OPTION # 3

TRANSFERABLE REVOLVING DLC WITH 1 MONTH BG/SBCL

FOR LAST MONTH PAYMENT

1 month BG / SBLC – to be operative for the entire length of contract and pay for last month shipment And an Irrevocable Revolving Documentary Transferable Letter of Credit for the balance of the contract. The Irrevocable Revolving Documentary Letter of Credit and 1 month BG/SBLC should be issued, confirmed and guaranteed by a top prime world bank acceptable to the Seller. Partial shipments are allowed.


OPTION # 4

TRANSFERABLE REVOLVING 3 MONTH BG or SBCL FOR LAST 3 MONTHS

PAYMENT AND TT SWIFT WIRE PAYMENT FOR EACH SHIPMENT

3 month BG or SBLC – to be operative for the entire length of contract and pay for last three months shipment And for the balance of the contract, payment by way of (TT) swift wire transfer for each delivery. The 3 month BG or SBLC should be issued, confirmed and guaranteed by a top prime world bank acceptable to the Seller. Partial shipments are allowed.

.





Specification:

GREY PORTLAND CEMENT FOR CONSTRUCTION GRADE 42.5 R/N

ACCORDING TO BRITISH STANDARDS 12/1996 OR ASTM C-15

CHEMICAL COMPOSITION

SILICON DIOXIDE (SIO2) 21.00

ALUMINIUM OXIDE (A12O3) 5.30

FERRIC OXIDE (FE2O3) 3.30

CALCIUM OXIDE (CAO) 65.60

MAGNESIUM OXIDE (MGO) 1.10

SULPHUR TRIOXIDE (SO3) 2.70

LOSS OF IGNITION (LOI) 0.90

TRICALCIUM SILICATE (C3S) 60.00

DICALCIUM SILICATE (C2S) 15.00

TRICALCIUM ALUMINATE (C3A) 8.05

TRICALCIUM ALUMINO FERRICE (C4AF) 9.76

PHYSICAL AND MECHANICAL PROPERTIES

BLAIN CM2/GR 3.250

AUTOCLAVE EXPANTION 0.02

INITIAL SETTING TIME (VICAT) 105 MINUTES

FINAL SETTING TIME (VICAT) 135 MINUTES

COMPRESSIVE STRENGTH @ 03 DAYS 230 KG/CM2 AND @ 07 DAYS 305

KG/CM2 AND @ 28 DAYS 420 KG/CM2


Sample Letter Of Intent


(On Official Buyer’s Letterhead Only)

To Puissant, Inc.,

I, the undersigned (Buyers Name), passport number (state your passport number, if any), hereby declare and confirm that we are ready, willing and able to purchase the commodity as per specifications and the in the quantity and fort he price as specified in the terms and conditions as hereinafter set forth. This representation is made with full corporate authority and responsibility of the above.

Product:

Quantity:

Contract period:

Specifications:

Origin:

Target Price:

INCOTERMS:

Destination Port/s:

Discharge Rate:

Payment:

Inspection:

Shipping: 30/45 days after receipt and acceptance of the L/C.

Performance Bond: 2% by seller’s bank in favor of the buyer. (Internationally accepted)

Packing Required:

Documents:

Loading: All costs at the port of loading for the account of the seller.

Discharge: All costs at the port of discharge for the account of the buyer.

Whom to be shipped: (Please give Contact Name, Address, Phone, Fax, Email):

Special Conditions: This letter of Intent is subject to final approval and agreement by both seller and Buyer and all the terms and conditions herein as well as the subsequent Contract of Sale including any amendments or variations thereof, all of which has to be reduced in writing and signed by both parties hereto.

Buyer’s Information:

Name of the Company:

Contact Person:

Company Registration Number:

Address:

Tel. Office:

Tel. Mobile:

Fax Office:

Email:

Buyer’s Bank Information:

Name:

Branch Code:

Full Address:

Account Number:

Account Name:

Bank Officer:

Tel. Number:

Mobile Number:

Fax Number:

Email:

Telex No:

SWIFT No:

Confirming Prime Bank:

Country:

We authorize the holder of this document to perform a soft probe on the above mentioned bank account.

Buyer’s Authorized Signature _____________________________



(Signatory’s Full Name)___________________________________

For and on Behalf of Company______________________________

Seal

Date ____________2008







Sample Bank Comfort - Clearance Letter

TO WHOM IT MAY CONCERN

Ref. No: ……………………

DATE: …………….………

WE THE UNDERSIGNED BANK OFFICER/MANAGER WITH FULL BANKING RESPONSIBILITY, HEREBY CONFIRM THAT OUR CLIENT .................................… (Buyer’s name), WITH ACCOUNT NUMBER...................., IS FINANCIALLY ABLE TO INITIATE THE TRANSACTION INVOLVING PURCHASE OF................................... (quantity and product name) DURING THE NEXT........................... (Period of time).

WE UNDERSTAND THAT THE SHIPMENT FACE VALUE OF THE NEEDED IRREVOCABLE CONFIRMED............................ (terms of payment : RLC , DLC , SLC) LETTER OF CREDIT PAYABLE AT SIGHT WILL BE................... (USD in words) PER SHIPMENT AND THE TOTAL VALUE OF THE TRANSACTION FOR................................ (period of contract length) WILL BE ............................... (US$ in words).

WE CERTIFY ONLY THAT................................................... (buyer’s name) HAS SUFFICIENT FUNDS ON THE ACCOUNT AND SUFFICIENT LINE OF CREDIT WITH OUR BANK TO COMPLETE THE ABOVE TRANSACTION.

WE GUARANTEE THAT THE PAYMENT (RLC, DLC, SLC) WILL BE USED FOR THIS TRANSACTION AND WILL REVOLVE FROM SHIPMENT TO SHIPMENT DURING THE DURATION OF THE CONTRACT SHOULD OUR ABOVE MENTIONED CUSTOMER WISHES US TO DO SO.

ACCOUNT NAME :

ACCOUNT NO OF OUR CLIENT:

BANK OFFICER’S NAME :

BANK NAME :

BANK BRANCH :

BANK PHONE NUMBER :

BANK FAX NUMBER :

BANK TELEX NUMBER :

BANK SWIFT CODE :

ROUTING NUMBER :

WE HAVE BEEN INFORMED BY OUR CLIENT..................................... (buyer's name) THAT HE HEREBY GIVES PERMISSION TO THE SELLER TO CONDUCT A SOFT PROBE ON HIS ACCOUNT.



........................................
Authorized Signature & Bank Seal
(Designation of the person signing)