Portland Cement
PROCEDURE TERMS :
- We sent you Official SCO (this document) for your information.
- End Buyer issues Official LOI (as model we have sent you)
- End Seller Issues a formal FCO
- End Buyer agree, sign and stamp the FCO and return to the End Seller this document
- End Seller issues a formal ICPO
- End Buyer agree, sign and stamp the ICPO and return to the End Seller this document
- Seller issues Hard Contract and schedule of deliveries
- Buyer sign Hard contract & return it signed and sealed by fax or email to the End Seller
Seller’s Bank and Buyer’s Bank exchange the POP (Proof of Product) and POF (Proof of Funds)
- Seller’s Bank and Buyer’s Bank implement the Performance Bond and Letter of Credit
- After the establishment of financial instruments, the performance bond and collateral penalties,
- shipments begin
VERY IMPORTANT : INFORMATIONS BUYER’S BANK :
- The buyer authorizes the seller's bank to contact his bank (buyer's bank) to verify that the
account has the amount needed for the purchase of cement.
Or
- The Buyer sent an official BCL or PROOF of FUNDS
Or
- The Buyer sent an Official Letter of Intent, bancarized by his Bank (Barclay Bank)
Signed and stamped.
(ORDINARY PORTLAND CEMENT 42.5)
Product Description
The gray Portland cement is obtained by the Portland clinker grinding.
Depending on the fineness of grind, cement is produced in the Class 42.5 or 52.5 resistance.
Within its strength class, this cement is characterized as having a normal or resistance high in the short term.
