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TENDER NO. KPC-24-49METHANOL FOB FOR India MARKET

Tender: No.: KPC-24-49


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

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Market                      India


Quantity                   20,000 MT-40,000 +/-10% at Seller’s option


Quality                     As per KPC guaranteed  Specifications


Delivery Term             Fob Kharg Island


Shipment Time           During Second Half February-March 2024


 

Payment Terms          20 % by CASH within two days after issuance of PI and 80% 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 IslandDischarge Port 


IndiaInspection           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 – 30 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-In case that mentioned publications are not published or are not available, the unpublished quote shall be omitted.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 20-01-2024, offers received after the due time would be discarded. Your proposal shall remain valid until Monday 22-01-2024 (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&&siteid=1&pageid=273

•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



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