LETTER OF INTENT

Date - 07/07/2021
To End Seller Through
Smatzact Global PVT Ltd

We, Lyonora Trading Company, with our corporate address located at 3A/3,
Rambaag Colony, Near Nauchandi PS, Meerut - 250002 , UP, India, state and
represent with full corporate responsibility that it is our intention to purchase
Used Cooking Oil (UCO), as mentioned below :-
Purchase interest : Used Cooking oil
Specifications of USED COOKING OIL (UCO): Color: Yellow
Processing Type: Re-processing
Saponification value: 18185-1955-195
Unsaponifiable max 1% Titre C (melting point) 13.75 degree
Specific Gravity @ 25 degree 0.915
Density (kg/m3) 920 Flashpoint by P.-M. (Degree C) 220
Calorific Value (kj/kg) 36,000
Kinematic Viscosity (40 deg.C) (mm2/s) < 36 mm2/s
Carbon Residue (mass-%) 0.4
Contamination (mg/kg) 24
Acid Value (mg KOH)/g) 2.0
Oxidation Stability (110 deg.C) (h) 6.0 (min)
Phosphorus Content (mg/kg) max 30
Ash Content (mass %) 0.01
Free fatty acids: 4% max
M.I.U (Moisture and Impurities): 2% max
Iodine Value: MIN 80 Max 90
Sulphur Content (mg/kg) max 30
Quantity - 15000 MT x 12 Months
The destination port : QINGDAO, CHINA
Payment method : L/C at sight. 
Pls make offer detail with your specification with your conduction.

Thanks,
Regards
Nadeem Khan
Lyonora Trading Company