Temic sugar(quote)-july-2012
3
TEMIC ENERGY LIMITED MIREMA ROAD OFF THIKA ROAD, BEHIND SAFARI PARK HOTEL, NEXT TO USIU POST OFFICE BOX 22350 - 00400 NAIROBI, KENYA TEL: +254-729-252856 / +254-774-191363 / +254-722-335410 / +254-722-369184 Skype: Temic.Energy July, 2012 TO END BUYER Dear Sirs, Re: REFINED SUGAR – SOFT CORPORATE OFFER: QUOTATION, PROCEDURES AND SPECIFICATIONS SUGAR IS AN IMPORTANT FOOD ALSO COMMONLY KNOWN AS SUCROSE AND HAS BEEN ORIGINALLY PRODUCED IN INDIA SINCE ANCIENT TIMES. IS THE WORLD’S MOST POPULAR SWEETENER, IN FORM A WHITE CRYSTALLINE SUBSTANCE, TASTES SWEET, A CARBOHYDRATE AND 100% SOLUBLE IN WATER. SUGARS MAY DIFFER IN COLOUR, FLAVOUR, SWEETNESS AND CRYSTAL SIZE. EACH OF THESE CHARACTERISTICS ALLOWS SUGAR TO PERFORM A VARIETY OF FUNCTIONS IN FOOD PRODUCTS, IN ADDITION TO PROVIDING A SWEET TASTE. GLOBAL SUGAR PRODUCTION FOR THE CROP YEAR 2011/12 IS ESTIMATED TO BE 168 MILLION METRIC TONS. BRAZIL IS NOW THE WORLD’S LEADING SUGAR PRODUCER AND EXPORTER, ACCOUNTING FOR APPROXIMATELY 20 PERCENT OF GLOBAL PRODUCTION AND 44 PERCENT OF WORLD EXPORTS, USING FOR THE CULTIVATION OF SUGARCANE AVERAGED 9 MILLION HECTARES WITH ALL NECESSARY AGROECOLOGICAL ZONING, WHICH REPRESENTS AROUND 1 PERCENT OF BRAZIL'S LAND. DURING THE MOST RECENT HARVEST, NATIONAL SUGAR OUTPUT REACHED 40 MILLION TONS. APPROXIMATELY TWO- THIRDS OF THE SUGAR PRODUCED IN BRAZIL IS DESTINED FOR FOREIGN MARKETS. MORE THAN 100 COUNTRIES AROUND THE WORLD RELY ON SUGAR FROM BRAZIL. ONE OF THE MOST COMMON SUGAR TYPE PRODUCED IN BRAZIL IS THE REFINED, WHAT REPRESENTS AROUND 30 PERCENT OF THE BRAZILIAN SUGAR EXPORTS. THIS IS THE MOST HIGHLY REFINED FORM OF SUGAR AND HAS A SPARKLING WHITE COLOR. IT IS THE MOST OFTEN TYPE SOLD DIRECT TO CONSUMERS IN THE FORM OF SUGAR CUBES, BAGS OF SUGAR, AND IN SUGAR SACHETS. IT´S ALSO TYPICALLY EXPORTED IN SACKS AND USED IN THE MANUFACTURE OF FOOD PRODUCTS SUCH AS COCOA POWDER, SODA OR RETAIL PRODUCTS, AND DRUGS. TECHNICALLY, IN BRAZILIAN SGS RATING AS REFERENCE BASE UNITS (RBU), THE PRODUCTION PROCESS TO REFINED SUGAR RESULTS IN THE RATING COLOR/ QUALITY ICUMSA 45, ACCORDING THE ICUMSA (INTERNATIONAL COMMISSION FOR UNIFORM METHODS OF SUGAR ANALYSIS) CLASSIFICATION. THE ICUMSA RATING SYSTEM COULD VARY IN SOME COUNTRIES, BUT THE BRAZILIAN RATING IS THE MOST WIDELY USED SYSTEM AND COULD VARY FROM 45 TO 4600, WHAT REPRESENTS HIGHLY REFINED GRANULATED SUGAR AND VERY RAW SUGAR, RESPECTIVELY. QUOTATION PRODUCT SUGAR SPECIFICATIONS ICUMSA 45 (As Per Specifications Below) MINIMUM ANNUAL QUANTITY 150,000MT MONTHLY 12,500MT ORIGIN Brazil DESTINATION ASWP RDLC PAYMENT: 550USD/MT CIF ASWP, for payment on loading Port against shipping documents LC PAYMENT OPTIONS 1st option (2 Months; 25,000MT): 540USD/MT CIF ASWP, payment on loading port Against shipping documents and BG of 13.500.000USD with maturity for 14 months 2nd option (4 Months; 50,000MT):
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Transcript of Temic sugar(quote)-july-2012
TEMIC ENERGY LIMITED MIREMA ROAD OFF THIKA ROAD, BEHIND SAFARI PARK HOTEL, NEXT TO USIU
POST OFFICE BOX 22350 - 00400 NAIROBI, KENYA TEL: +254-729-252856 / +254-774-191363 / +254-722-335410 / +254-722-369184
Skype: Temic.Energy
July, 2012 TO END BUYER Dear Sirs, Re: REFINED SUGAR – SOFT CORPORATE OFFER: QUOTATION, PROCEDURES AND SPECIFICATIONS SUGAR IS AN IMPORTANT FOOD ALSO COMMONLY KNOWN AS SUCROSE AND HAS BEEN ORIGINALLY PRODUCED IN INDIA SINCE ANCIENT TIMES. IS THE WORLD’S MOST POPULAR SWEETENER, IN FORM A WHITE CRYSTALLINE SUBSTANCE, TASTES SWEET, A CARBOHYDRATE AND 100% SOLUBLE IN WATER. SUGARS MAY DIFFER IN COLOUR, FLAVOUR, SWEETNESS AND CRYSTAL SIZE. EACH OF THESE CHARACTERISTICS ALLOWS SUGAR TO PERFORM A VARIETY OF FUNCTIONS IN FOOD PRODUCTS, IN ADDITION TO PROVIDING A SWEET TASTE. GLOBAL SUGAR PRODUCTION FOR THE CROP YEAR 2011/12 IS ESTIMATED TO BE 168 MILLION METRIC TONS. BRAZIL IS NOW THE WORLD’S LEADING SUGAR PRODUCER AND EXPORTER, ACCOUNTING FOR APPROXIMATELY 20 PERCENT OF GLOBAL PRODUCTION AND 44 PERCENT OF WORLD EXPORTS, USING FOR THE CULTIVATION OF SUGARCANE AVERAGED 9 MILLION HECTARES WITH ALL NECESSARY AGROECOLOGICAL ZONING, WHICH REPRESENTS AROUND 1 PERCENT OF BRAZIL'S LAND. DURING THE MOST RECENT HARVEST, NATIONAL SUGAR OUTPUT REACHED 40 MILLION TONS. APPROXIMATELY TWO-THIRDS OF THE SUGAR PRODUCED IN BRAZIL IS DESTINED FOR FOREIGN MARKETS. MORE THAN 100 COUNTRIES AROUND THE WORLD RELY ON SUGAR FROM BRAZIL. ONE OF THE MOST COMMON SUGAR TYPE PRODUCED IN BRAZIL IS THE REFINED, WHAT REPRESENTS AROUND 30 PERCENT OF THE BRAZILIAN SUGAR EXPORTS. THIS IS THE MOST HIGHLY REFINED FORM OF SUGAR AND HAS A SPARKLING WHITE COLOR. IT IS THE MOST OFTEN TYPE SOLD DIRECT TO CONSUMERS IN THE FORM OF SUGAR CUBES, BAGS OF SUGAR, AND IN SUGAR SACHETS. IT´S ALSO TYPICALLY EXPORTED IN SACKS AND USED IN THE MANUFACTURE OF FOOD PRODUCTS SUCH AS COCOA POWDER, SODA OR RETAIL PRODUCTS, AND DRUGS. TECHNICALLY, IN BRAZILIAN SGS RATING AS REFERENCE BASE UNITS (RBU), THE PRODUCTION PROCESS TO REFINED SUGAR RESULTS IN THE RATING COLOR/ QUALITY ICUMSA 45, ACCORDING THE ICUMSA (INTERNATIONAL COMMISSION FOR UNIFORM METHODS OF SUGAR ANALYSIS) CLASSIFICATION. THE ICUMSA RATING SYSTEM COULD VARY IN SOME COUNTRIES, BUT THE BRAZILIAN RATING IS THE MOST WIDELY USED SYSTEM AND COULD VARY FROM 45 TO 4600, WHAT REPRESENTS HIGHLY REFINED GRANULATED SUGAR AND VERY RAW SUGAR, RESPECTIVELY. QUOTATION PRODUCT SUGAR SPECIFICATIONS ICUMSA 45 (As Per Specifications Below) MINIMUM ANNUAL QUANTITY 150,000MT MONTHLY 12,500MT ORIGIN Brazil DESTINATION ASWP RDLC PAYMENT: 550USD/MT CIF ASWP, for payment on loading Port against shipping documents LC PAYMENT OPTIONS 1st option (2 Months; 25,000MT): 540USD/MT CIF ASWP, payment on loading port Against shipping documents and BG of 13.500.000USD with maturity for 14 months 2nd option (4 Months; 50,000MT):
TEMIC ENERGY LIMITED MIREMA ROAD OFF THIKA ROAD, BEHIND SAFARI PARK HOTEL, NEXT TO USIU
POST OFFICE BOX 22350 - 00400 NAIROBI, KENYA TEL: +254-729-252856 / +254-774-191363 / +254-722-335410 / +254-722-369184
Skype: Temic.Energy
530USD/MT CIF ASWP, payment on loading port Against shipping documents and BG of 26.500.000USD with maturity for 14 months 3rd option (6 Months; 75,000MT): 520USD/MT CIF ASWP, payment on destination Port against shipping documents and BG of 39.000.000USD with maturity for 14 months Prices Non negotiable prices valid until July 31st. LC payment Issued or Confirmed by One Top 50 World Bank Performance Bond 5% PB Packaging 50KG bags Delivery 30-45 days NON MODIFIABLE PROCEDURES 1. END BUYER ISSUES LOI ACCORDING SELLER´S MODEL; 2. SELLER ISSUES SCO; 3. BUYER ACCEPTS SCO BY SIGNED AND STAMPED IT AND RETURNING IT TO THE SELLER; 4. AFTER SEND THE SCO SIGNED AND STAMPED, BUYER ISSUES ICPO WITH SCHEDULE AND SOFT PROBE AUTORIZATION IN SELLER’S NAME IN 5 (FIVE) WORKING DAYS; 5. SELLER ISSUES DRAFT CONTRACT IN 5 (FIVE) WORKING DAYS AND SUBMITS IT TO BUYER FOR EXAMINATION AND APPROVAL BY EMAIL AFTER BUYER´S BANK CONFIRMING TO SELLER THE QUESTIONS OF SOFT PROBE; 6. BUYER RETURNS THE AGREED-UPON DRAFT CONTRACT IN 5 (FIVE) WORKING DAYS, BY EMAIL ATTACHMENT, DULY SIGNED AND STAMPED. THE DRAFT COPY WILL BE DEEMED LEGAL BY THE PARTIES UNTIL HARD COPIES ARE PRINTED, SEALED, SIGNED AND EXCHANGED BY THE SELLER; 7. SELLER AND BUYER EXCHANGE THE CONTRACT COPYS BY EMAIL AND DEPOSITED IN THE BANKS; 8. AFTER EXCHANGE THE CONTRACT, BUYER´S BANK SEND AN E-MAIL OR FAX TO ADVISE SELLER´S BANK THAT HIS AWARE OF THIS CONTRACT IN 3 (THREE) BANKING DAYS WITH THE “CC” OF THE BUYER AND SELLER; 9. AFTER SELLER´S BANK, BUYER AND SELLER RECEIVE THIS E-MAIL, SELLER SENDS 4 (FOUR) HARD COPIES DULY HAND-SIGNED BY COURIER (DHL OR OTHER) TO BUYER, WHO SHALL DULY SIGN & SEAL ALL COPIES AND RETURN 2 (TWO) OF THEM TO SELLER; 10. BUYER’S BANK ISSUES THE FINANCIAL INSTRUMENT (GUARANTEE) IN 10 (TEN) BANKING DAYS AT THE SELLER’S BANK AFTER POINT 7 (SEVEN) OF THESE PROCEDURES WILL BE DONE WITH SUCCESS; 11. AFTER CONFIRMATION AND RECEIPTED ON SELLER’S BANK THE MENTIONED FINANCIAL INSTRUMENT THE SELLER´S BANK ISSUE POP (MT 999) TO BUYER´S BANK IN 10 (TEN) BANKING DAYS; 12. SHIPMENTS AND DELIVERY COMMENCE AS PER SCHEDULE MUTUALLY AGREED BY THE BUYER AND SELLER; NOTES - THE L/C MUST TO BE TRANSFERABLE UNCONDITIONAL DIVISIBLE IRREVOCABLE AND CONFIRMED BY ATOP 25 WORLD BANK FOR SPOTS AND TOP 50 WORLD BANK FOR ANNUAL CONTRACTS - FIRST DOCUMENT NECESSARY: LOI ISSUED ONLY BY END-BUYER, NEVER BY REPRESENTING, INTERMEDIARY OR BROKER - A visit IN the warehouse in Brazil to see product is permitted after the issuance of the Financial Instruments mentioned on SCO PRODUCT SPECIFICATIONS COMMODITY: WHITE REFINED CANE SUGAR HUMAN CONSUMPTION ORIGIN: BRAZIL ICUMSA: 45 RBU COLOR: SPARKLING WHITE MAXIMUM 45 ICUMSA ATTENUATION UNITS (ICUMSA METHOD Nº. 4/1978) POLARIZATION: 99.80% MINIMUM AT 20 DEGREES CENTIGRADE SOLUBILITY: 100% DRY/FREE FINE FLOWING MOISTURE: 0.04% MAXIMUM ON DRY WEIGHT BASIS ASH CONTENT: 0.04% MAXIMUM BY ELECTRICAL CONDUCTION
TEMIC ENERGY LIMITED MIREMA ROAD OFF THIKA ROAD, BEHIND SAFARI PARK HOTEL, NEXT TO USIU
POST OFFICE BOX 22350 - 00400 NAIROBI, KENYA TEL: +254-729-252856 / +254-774-191363 / +254-722-335410 / +254-722-369184
Skype: Temic.Energy
GRANULATION: FINE STANDARD - 0.55-0.70 AM/MM SUBSTANCE: SOLID CRYSTAL MAGNETIC PARTICLE: 4 MAX MG/KG RADIATION: NORMAL W/O PRESENCE OF CESIUM OR IODINE REDUCING SUGAR: 0.05% MAXIMUM BY WEIGHT SEDIMENTS: NONE SMELL: FREE OF ANY SMELL HPN STAPH AUREUS: NIL SO2: 20 MG/KG MAXIMUM MAX AS: 1 P.P.M. MAX PB: 2 P.P.M. MAX CU: 3 P.P.M. CROP: CURRENT LATEST CROP SUGAR SHALL BE EXTRACTED FROM SOUND, UNFERMENTED AND UNDECAYED SUGAR CANE. SUGAR SHALL BE CLEAN FROM ANY FOREIGN MATTER, TASTE OR ODOR AND HAVE THE SWEET TASTE CHARACTERISTIC OF WHITE SUGAR WHETHER DRY OR IN SOLUTION. OTHER PRODUCT PROPERTIES, IF ANY, NOT MENTIONED HEREIN, SHALL COMFORM TO INTERNATIONAL SPECIFICATIONS. We thank you in advance and look forward to hearing from you as soon as possible. Sincerely yours, For: TEMIC ENERGY LIMITED
James W. Kairu Managing Director / Chief Executive Officer
