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Doc.No.

F-MKTG-02
Page 1 of 23

To,
Mr. Mohamed Zaki ADOUANI
TIBAPLAST
Tunisia

Mob : +21694406808
Email : mz.adouani@gmail.com

MONOLAYER BLOWN FILM LINE


FOILEX REWT-4060/1300
TECHNO-COMMERCIAL QUOTATION

1. Description of offered line

2. Standard scope of supply with prices

3. Assembly wise technical details

4. Buyer’s supply

5. Terms & conditions of sale

6. General conditions of sale (printed)

Note: Photographs in this quotation are only representations

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DESCRIPTION OF OFFERED LINE


NAME : MONOLAYER BLOWN FILM LINE

MODEL : FOILEX REWT-4060/1300

USE : TO MANUFACTURE BLOWN LAY FLAT FILM OF

POLYMERS : LDPE, LLDPE & HDPE OR BLENDS OF


EITHER OF THESE
FINISHED PRODUCT : WOUND ROLLS OF FLATTENED FILM

STANDARD SCOPE OF SUPPLY


1. One : 60 mm / 32 D / 45 kW grooved feed barrier screw extruder
2. One : Lever type single action manual screen changer
3. One : Die Carriage, oscillator & die-head with one die
4. One : Dual flow air ring with blower and heat exchanger
5. One : Motorized calibration basket
6. One : Tower structure with two walk-around platforms
7. One : Take off unit with motorized height adjustment
8. One : SAPN type dual station surface winder
9. One : Process control panel
10. One : Set of essential spares
(Detailed specifications enclosed)

OPTIONAL ITEMS INCLUDED


11. One : Universal gusset assembly for maximum 200 mm gusset
12. One : SAPN-LCS-load cell tension control dual station winder assembly with
auto splicing and trim suction blower inplace of standard winder
13. One : Hopper loader made of cast aluminium base with protective stand of an
integral discharge pan with regenerative vacuum blower - 150 kg/hr
14. One : Surface treatment unit with continuous electrode & mounting
arrangement, control panel suitable for 70 MPM line speed
15. One : Digital Melt pressure and temperature transducer
16. One : Heat Exchanger

SALIENT FEATURES OF THE LINE


A. Screw Diameter mm 60
B. Screw Length D 32
C. Standard Die Diameter mm 250 – 2.0 gap
D. Lay flat Width Range mm 500 - 1000
E. Film Thickness Range micron 20 - 150
F. Maximum output kg/hr 130
G. Line Speed mts/min 7 - 70
H. Total Installed Load kW 88.62*
I. Line Dimension (L x W x H) mm 11000 x 6000 x 7100

Price FOB Indian port US $ 128,800/-

* This does not include load of any utility and optional items.

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PRICES OF OPTIONALS (NON NEGOTIABLE PRICE)

Sr. Description Required Value of


No. Qty. required qty.
(US$)
1 TC coated screw (differential cost) 1 1,400
2 Die punch kit and stabiliser rod assembly for HM/HDPE 1 2,200
(Dia 150 mm, 1.4 mm gap) with air ring insert with Iris ring
assembly
3 Poly Isobutane pump, tank, barrel heater, control panel for 1 10,700
stretch cling film production

ANCILLARIES (NON NEGOTIABLE PRICE WITH 10% HANDLING AND AFTER SALE SERVICE
CHARGE ADDED ON LANDED COST)

1 Web guiding system (Precision make) 1 1,100


2 Web guiding system (E+L make) 1 1,900

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BASIC ASSUMPTIONS - FOILEX

 Maximum output is based on 2 MI LDPE clear film at maximum specified thickness and
lay-flat width, (BUR-2.5:1 to be maintained), 40ºC ambient temperature and air ring
temperature not exceeding 15ºC.

 Lay flat range specified for the line is also dependent upon polymer and die size
purchased by buyer.

 Lay-flat and thickness range is dependent upon polymer, polymer grade and die size,
(B.U.R.). For example, 10 micron film cannot be made out of fractional MI LDPE.

 The maximum thickness specified applies to the minimum lay-flat width and maximum
lay-flat width specified applies to minimum thickness specified.

 Film thickness variation is dependent on polymer, grade, base thickness, blow-up ratio,
overall line speed, die setting and other processing parameters. Under proper operating
conditions and 2 MI LDPE, thickness variation of ±8% or ± 5 micron, whichever is higher
can be achieved on 90% film periphery.

 The specified optimum performance can only be achieved in proper commercial set-up
and few hours of stable running of the line.

 Although we design our equipment to suit most of the buyer’s requirement, there are
several factors that can significantly influence the quality of the film and performance of
the line. These being extraneous factors, are not covered by our standard performance
specifications.

Typical examples of such factors are given below:

o Resin – bad batches, off-spec resins, change in additives or the use of resins
other than specified can produce poor film.

o The influence of weather on resins additives and / or processing conditions can


induce blocking of the film, even with a tower of sufficient height and IBC while
running the specified structures.

o Processing aids may be required to avoid melt fracture in the film which entirely
depends upon die gap and resin and resin grade.

 Machines are designed for electrical supply to be 415 V + 5%, 50 Hz. In case of large
supply voltage fluctuations, the use of voltage stabilizer is a must.

 Due to constant up-gradation and improvement in our machines, we reserve the right to
alter specifications without prior notice. It is possible that the machine covered by this
quotation is different from the one supplied earlier in terms of design and brands of
input.

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60 mm / 32 D / 45 kW GROOVED FEED BARRIER SCREW EXTRUDER

01. The base frame with gear box base and barrel support structure is fabricated from
heavy-duty steel sections and sheets and lifting provisions are incorporated.

02. Main drive is 45 kW AC motor (at 1440 rpm) with variable frequency vector drive.

03. The gearbox is three-shaft helical gear reducer with an oversized integral thrust bearing,
built in heat exchanger for oil cooling and splash oil lubrication. Power transmission from
motor to gearbox is through suitably rated flexible coupling.

04. The extruder is of grooved feed design and feed section is made from nitro alloy steel,
machined to very close tolerances and is gas nitride to hardness in the range of 63-68
HRc. Feed zone geometry is designed to match the screw geometry and polymers to be
processed. The feed section is housed in a hollow spiral profiled body for uniform
cooling through water or oil. Temperature gauge is provided on outgoing fluid line.

05. Barrel is made of nitro alloy, machined to close tolerances and gas nitride.

06. Screw construction is same as that of barrel with a 60 mm diameter and double flight
barrier geometry and effective conveying length of 32 D. A specially designed cross hole
mixing section is provided after metering zone for better homogeneity of the melt.
Maximum screw speed is 115 rpm.

07. Extruder is divided in four heating zones all of which are incorporating band heaters,
aluminum heat sinks, and specially designed sheet metal protective covers with four
forced air-cooling air blower of 0.17 kW capacity.

08. The hopper is made of heavy-duty steel sheets and is provided with sight glass, magnet,
slide gate shut off and material dumping chute.

09. Screw can be extracted from rear of the extruder for ease in cleaning, without disturbing
the extruder connection with the die. Screw extractor for removing the screw from the
gear box end is provided as standard.

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LEVER TYPE SINGLE ACTION MANUAL SCREEN CHANGER

01. Cassette type, with two breaker plates.

02. Made of high tensile alloy steel, hardened, ground and chrome plated.

03. Fitted with ceramic band heaters and a thermocouple (Fe/con).

04. Heating load 2.35 kW.

DIE CARRIAGE, OSCILLATOR & DIE-HEAD WITH ONE DIE

01. Comprising of die head, die oscillator and die carriage.

02. 250 mm dia. die lip.

03. Bottom fed spiral die.

04. Highly polished and treated material flow surfaces.

05. Melt distribution takes place in the spiral allowing the die lips to be sized to provide the
optimum velocity and pressure balance characteristics necessary for uniform gauge film.

06. Outer die lip is adjustable for concentricity with the inner die lip.

07. High capacity, long life ceramic heaters are provided.

08. Three external die heating zones and one adaptor heating zone.

09. 360 degree oscillation motion of die head.

10. Heavy duty ball and thrust bearings.

11. Oscillating block with replaceable sleeve seals.

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12. Includes AC Motor (0.12 kW), speed reducer, necessary guards and controls.

13. Oscillation speed = 0.2 RPM (5 min/rev.).

14. Single adaptor and cross head with ceramic band heaters.

15. Die carriage complete with steel wheels and leveling bolts.

16. Heating load 13.85 kW (maximum) including adaptor heating load.

17. Oscillating dies of such output levels require regular maintenance calling for change of
bearings and seal kit. Buyer is advised to buy spares as these items can not be covered
under standard warranty.

18. 1 set of oscillating die head with geared motor and die cart is provided as spare.

DUAL FLOW AIR RING WITH BLOWER AND HEAT EXCHANGER

High efficiency dual lip cooling ring for the external cooling of the bubble complete with

01. Mounting arrangement.

02. 7.5 kW, High-pressure blower with free-floor mounting design. Variable speed AC drive
and AC motor with 2800 rpm.

03. Air distribution and ducting system.

04. Heat exchanger is provided for better cooling.

05. Air temperature and air pressure dial gauge on the air ring.

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MOTORIZED CALIBRATION BASKET

01. 4 levels of 6 synchronized arms with rollers.

02. Manual height adjustment.

03. Mounted on the tower frame.

04. Motorized open/close movement through 0.12 kW synchronous motor.

TOWER STRUCTURE WITH TWO WALK-AROUND PLATFORMS

01. Knocked down type tower structure.

02. Hand rails and kick plates according to European safety standards.

03. Set of 100 mm diameter idler aluminum rollers of 1300 mm face width.

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TAKE-OFF UNIT WITH MOTORIZED HEIGHT ADJUSTMENT

01. A set of nip rollers, one movable, pneumatically operated rubber coated roll and one
fixed chromed steel roll, 0.75 kW AC motor with suitable worm reduction gearbox is
provided on the nip roll.

02. Collapsing frames are provided with seasoned wooden slats finely polished to reduce
drag and resultant bubble distortion.

03. Side flattening boards are provided.

04. Hand wheels to adjust all four corners of the collapsing frame are provided. This assures
perfect alignment at all times preventing wrinkles.

05. Upper part of one of the collapsing frames is attached with the nip roller for ease of
threading.

06. Take-off height can be motorized adjusted through a 0.55 kW geared AC motor.

07. Operators controls are mounted on control panel.

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SAPN TYPE DUAL STATION SURFACE WINDER

01. Two independent winding stations in back-to-back arrangement. Max. roll dia. 1000 mm
or 700 kg. weight which however will reduce in case of multi-up winding depending
upon the load bearing capacity of the winding shafts.

02. 1300 mm face width rolls for maximum web width of 1200 mm.

03. A lightweight, mechanically controlled and pneumatic backed up dancer assembly is


provided which maintains tension of the web between tower nip and winder nip
through a linear potentiometer.

04. One set of nip rollers to pull the film, consisting of 150 mm dia. steel roller and 150 mm
dia. rubber coated roller with pneumatic actuation.

05. Contact pressure of roll can be adjusted by setting pneumatic cylinder.

06. 3 blade center slitting cum edge trim cutting assembly with venturi and suction blower is
provided.

07. Air assisted side slitter assembly sliding on a flat is provided on the winder.

08. 268 mm dia. rubber coated surface winding drum (diamond grooved).

09. 150 mm dia. lay-on rubber coated roller.

10. Four air expandable winding shafts to suit 76 mm dia. cores.

11. New core station is manually loaded.

12. Set of 100 mm diameter aluminium guide rolls.

13. 2 nos. of bow rollers are provided to eliminate wrinkles if any.

14. 3 nos. 0.75 kW AC motors and suitable gearboxes.

15. Length counter meter is provided.

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PROCESS CONTROL PANEL

01. Made of steel sections and steel sheets duly powder coated and consists of:

1.1 Main isolator-switch with fuse unit – 1.


1.2 Energy meter – 1.
1.3 Variable frequency drive for extruder AC motor – 1.
1.4 Variable frequency drive for take-off – 1.
1.5 Variable frequency drives for winder AC motors – 3.
1.6 SSR backed microprocessor digital auto tuned temperature controllers with zone
current indicators with cold start protection - 9.
1.7 Fe-k thermocouple – 9.
1.8 Variable frequency drive for air ring blower – 1.
1.9 PLC for oscillating die – 1.
1.10 Die oscillation motor starter – 1.
1.11 Speed indication / start stop of extruder, air ring blower, die oscillator,
calibration basket are incorporated in extrusion control – 1.

02. Contactors, relays, fuses, MCBs and outgoing lead terminals as required.

03. An exhaust fan is provided in the panel.

04. Standard length of different cables from panel to machine as per our GA drawing is
included in the standard scope of supply.

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SET OF ESSENTIAL SPARES

Sr. No. Description UOM Qty.


EXTRUDER ASSEMBLY
1 Heaters, assorted Set 1
SCREEN CHANGER ASSEMBLY
1 S.S. screen mesh (40) Nos. 25
2 S.S. screen mesh (60) Nos. 25
3 S.S. screen mesh (80) Nos. 25
4 Heaters, assorted Set 1
DIE ASSEMBLY
1 Gauge setting bolts Nos. 8
2 Die HT bolts, assorted Set 1
3 Quick release coupling No. 1
4 Die oscillation cable loom No. 1
5 Die oscillation seal kit No. 1
6 Die oscillation bearing kit No. 1
7 Heaters, assorted Set 1
8 Limit switch No. 1
WINDER ASSEMBLY
1 Ordinary winding shaft boss Set 1
ELECTRICAL PARTS
1 Thermocouples Nos. 3
2 MCB, assorted Set 1
3 Contactors, assorted Set 1
4 Potentiometer + knob No. 1
5 HRC fuse Set 1
6 Terminal connector Nos. 4

(Set implies one part of each type used in the plant).

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BUYER’S SUPPLY

These are only indicative

01. Water chiller capacity 12.5 TR for heat exchanger.

02. Air compressor with FRL unit with dryer for bubble inflation and other pneumatics 10 HP
power, 200 liter tank, 7-kg/cm² pressure.

03. Water pump, 1 HP power, 90 lit/min @ 12 mt. of head pressure (for grooved feed
section, if chilling plant is not comprising) Water inlet temperature @ 30°C to 40°C to
feed section is required. In case of processing nylon inlet temperature @ 90°C to 110°C.

The water required for circulation in various parts of the machine should be soft, filtered
to be free from solid particles and pH value should be in the range of 7 to 8. It is strongly
recommended to use a proper industrial water filter and water softening plant to avoid
future scaling and related problems.

04. Power supply to cover full installed load with mains indications, 415 V ± 5 %, three
phase, 50 Hz, cables laid up to control panel.

1. PRICE:

1.1 Price quoted above is for delivery FOB Indian port and is inclusive of packing, forwarding
but exclusive of sea freight, insurance charges and any other taxes and duties which will
be charged extra at actual at the rates as may be prevailing at time of dispatch of
material. There are no such duties on exports at present.

1.2 The price relates to the specific scope of supply mentioned in the quotation and any
subsequent addition / deletion with mutual consent for whatever reason will accordingly
alter the price agreed.

1.3 The agreed prices will change in case buyer fails to take delivery of the ordered machine
within 15 days from the date of conveying readiness of the machine to the buyer.

2. VALIDITY:

2.1 This offer is valid for 60 days from the date hereof.

3. TERMS OF PAYMENT:

3.1 40% of the total value of the order should be paid as an advance along with written
order.

3.2 35% of total value of the order should be paid 1 month before the agreed delivery time.
3.3 Balance payment along with all the other incidental charges and any other charges and
duties are to be covered by irrevocable Letter of Credit as per attached guidelines.

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3.4 In absence of LC, it is agreed that buyer will make progressive payments as specified in
LC terms.

3.5 Any payment mutually agreed but delayed by buyer will attract interest at the rate of
18% or bank rate whichever is higher.

3.6 The advance deposit is non interest bearing and is not subject to refund in any case.

3.7 Receipt of any advance against this submitted Techno-Commercial Quotation implies
acceptance of the terms and conditions specified herein unless superseded by another
Techno-Commercial Agreement.

4. DELIVERY:

4.1 Within 4 months or within such time as may be mutually agreed upon, whichever is
later, from the date of receipt of technically and commercially clear written firm order
along with advance payment of 40% of the order value.

4.2 The delivery period is indicated in good faith, and is subject to Force Majeure clause of
General Conditions of Sale attached to this quotation.

4.3 For all practical purposes, delivery of the ordered machine will be construed as executed
no sooner the machine readiness intimation is sent to the buyer by seller.

4.4 The buyer agrees to arrange balance payment, nomination of transporter and transit
insurance and complete other commercial formalities as required, within a period of 15
days from the date of receipt of machine readiness intimation.

4.5 In case of delay by buyer in arranging for all of above (clauses 4.4) to effect delivery of
the ordered machine beyond a fortnight of its readiness, the seller reserves its right to
levy the storage charges at the rate of 0.5% per week of delay or revise the agreed price
at discretion of the seller.

4.6 Sellers are not responsible for any loss or damage of goods in transit and therefore it is
of immense importance that buyer covers the goods by a transit insurance policy.

4.7 After receipt of the machine and before installation and commissioning of the machine,
the machine should be fully covered and properly stored. Damages to the machine
during storage period will not be the responsibility of the seller.

4.8 The dismantling of machine at seller’s works actually takes some time and therefore
dispatch / containerization at seller’s works may take place approximately within a week
or so after the completion of commercial formalities by buyer as laid down above.

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5. TRIALS:

5.1 The seller has developed a system of individual assembly testing according to which all
assemblies are tested prior to dispatch to comply with pre-defined stringent standards
and to ensure quick assembly and prompt start-up at buyer’s premises.

5.2 No trial can be conducted in seller’s premises. However the readiness of the machine
can be inspected by the buyer at his own cost provided 75% of the order value is
arranged by buyer prior to inspection.

6. ERECTION AND COMMISSIONING:

6.1 Upon receipt of the Readiness Intimation and accepted Deputation Contract from the
buyer requesting engineer in prescribed format, sellers will depute its service engineer
at the earliest possible. The buyer should give at least 15 days notice about readiness.

6.2 Seller’s Service Engineer will supervise erection, installation and commissioning
of the line.

6.3 The buyer will have to provide all necessary tools and tackles, skilled and unskilled labor,
raw-material, utilities, measuring and other instruments, etc., required for erection and
commissioning of the line.

6.4 The round air fare for seller’s engineer/s based at Rajkot will be borne by the buyer.
Expenses towards obtaining visa including completion of necessary formalities rests with
the Buyer. The boarding and lodging in a reasonably good hotel and daily local
conveyance from the hotel to factory site for seller’s service engineer/s will be borne /
provided by the buyer.

6.5 In case any assembly, sub-assembly or component like gravimetric, automatic thickness
control, IBC etc. is/are used in the machine as input which is/are of European or
American origin and requires the services of a European or American technician, during
or after installation, the costs towards the same will have to be paid separately as per
norms prevalent in the country/ies of origin.

6.6 The buyer is requested to refer to seller’s general terms of conditions for engineer’s
charges and obligations of the buyer in respect of commissioning. Diem allowance
payable to service engineer is US$ 130/- per day per engineer.

7. CANCELLATION:

7.1 It is understood that the order once placed cannot be cancelled without payment of
cancellation charges, in addition to forfeiture of the advance paid by the buyer.

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8. WARRANTY:

8.1 The seller warrants that the equipment / machinery - at the time of delivery - shall be
free from any defect attributable to use of faulty material provided the liability of the
seller shall be limited only to the replacement or repairing the defective part or parts
free of charge at seller’s options.

8.2 This warranty shall remain in force for a period of 15 months from the date of intimation
of readiness of the machinery at seller’s works for delivery to buyer or 12 months from
the date of bill of lading whichever occurs first. This warranty expressly excludes
replacement of consumables and parts worn due to normal wear and tear or
mishandling or accidents.

8.3 The electrical parts like heaters, contactors, MCBs, SSR, fuses, melt temperature and
pressure transducers etc. are not covered under this warranty.

8.4 The warranty on electric motors, gear boxes, frequency converters and all other bought-
out components used in the machine shall be extended to the buyer as received from
supplier of such components and for the period such warranty is extended to the seller
by the manufacturer / supplier.

8.5 It is mandatory to use water to be filtered to be free from solid particles in excess of
0.2mm diameter and should be soft with a pH value of 7 to 8. The problems arising out
of using bad quality of water in the machine are not covered by this warranty.

8.6 The life span of screw, barrel and grooved feed section depends on the abrasive
property of raw material being processed and hence cannot be specified or covered
under this warranty. Seller’s experience so far proves that these components have a life
span much longer than the warranty period.

8.7 However in case of any warranty claim arising out for any of above components in the
first quarter of warranty period, the seller undertakes to replace the component on FOC
basis, but claims arising subsequently will be compensated in proportion of the left out
period of warranty.

8.8 In all cases of free replacement of any part or components under warranty period, the
buyer will be liable to pay notional excise on the value of the part. While the part will be
sent by seller on freight paid basis, the customer should return the faulty / damaged
part on freight paid basis within 5 working days.

8.9 After commissioning of the machine, screw breakage / barrel scouring can only occur
due either to ingress of foreign particle into the extruder or cold start (insufficient
temperature) and hence the warranty clause in such cases will not be applicable.

8.10 During the warranty period the seller shall provide supervisory services of its technician
/ engineer as and when required. However, expenses towards round air fare and
boarding and lodging in a reasonably good hotel and local conveyance expenses of
seller’s engineer will have to be borne / provided by the buyer in addition to Diem
allowance worth US$ 130/- payable per day per engineer.

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8.11 Further details on warranty clause and other terms and conditions can be found in
seller’s General Conditions of Sale attached herewith, which forms an integral part of
this quotation and consequent contract if any.

8.12 In case of doubt buyer can seek clarifications regarding warranty clause and items
covered there under from Seller’s Service Department.

FOR RAJOO ENGINEERS LIMITED

AUTHORIZED SIGNATORY

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BANK ACCOUNT DETAILS AND ROUTING INSTRUCTIONS FOR ADVANCE PAYMENT IN USD

PLEASE CREDIT THE USD FUNDS TO:

A/C NO. : 0011407376

A/C NAME : AXIS BANK LTD.

A/C WITH : JP MORGAN CHASE BANK


4, CHASE METROTECH CENTRE
BROOKLYN N.Y.
NEW YORK-11245
(CHIPS ABANO 002 AND FEDWIRE NO 021000021)
(SWIFT CODE CHASUS33)

WITH FOLLOWING INSTRUCTIONS:

1. FOR FURTHER CREDIT TO:

EEFC A/C NO. 087020200022686 OF

M/S RAJOO ENGINEERS LIMITED, WITH AXIS BANK LTD., RAJKOT BRANCH
(SWIFT CODE : AXISINBB087)

2. NAME OF REMITTER ______________________________________________

3. PURPOSE OF REMITTANCE
AND PROFORMA INVOICE NO. ______________________________________________

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GUIDELINES FOR LETTER OF CREDIT

Listed below are terms and conditions that we would find acceptable in a Letter of Credit issued
by buyer’s Bank. The irrevocable Letter of Credit should be advised through seller’s Bank at the
following address:

AXIS BANK LTD.


“TITAN”, NEAR K.K.V. CIRCLE,
KALAVAD ROAD, RAJKOT - 360 005, India.
Phone : +91 281 6695921 / 922, Fax: +91 281 6695999

It is advisable that a draft copy of inland / export irrevocable Letter of Credit is sent to seller’s
Commercial Department for scrutiny and confirmation to avoid unnecessary amendments in the
LC at a later date. If buyer or his banker is unable to comply with the requested terms and
conditions, buyer may please contact us immediately before the credit is issued; which may help
eliminate unnecessary delays and additional costs in obtaining amendments after the credit is
issued.

TERMS AND CONDITIONS TO BE INCORPORATED IN THE LETTER OF CREDIT:

1. Beneficiary : Rajoo Engineers Limited


“Rajoo Avenue”
Survey No.210, Plot No.1, Industrial Area,
Veraval (Shapar), Rajkot – 360 024
Phone: +91 97129 62704 / 52701 / 32706
Fax: +91 2827 252700

2. Issuing Bank : 1st class European / Indian Bank

3. Form of LC : Irrevocable; confirmed and fully operative


and subject to the Uniform Customs and
Practice for documentary Letters of Credit,
(2007 revision), I.C.C. Publication No.600

4. Confirmation : To be confirmed by any first class Indian /


European Bank (confirmation charges to the
account of opener)

5. Swift reimbursement clause : In reimbursement we undertake to honor


to be incorporated in the LC the negotiating bank’s authenticated telex
claims value FOUR working days provided
such claims certify all terms and conditions
of the LC are complied with

6. The value of LC : 10% over agreed order value less advance


remitted

7. Negotiation : Unrestricted. Freely negotiable at the


counters of any Bank of beneficiary's choice

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8. Price basis for LC : C & F, buyer’s port of choice

9. Payment terms in case of : Balance payment against shipping


C&F LCs documents at sight

10. Payment terms in case of : 40% of LC value against sight draft drawn
FOB LCs by beneficiary 60 days before agreed shipment

40% of LC value against sight draft drawn


by beneficiary 30 days before agreed shipment

20% of LC value against sight draft drawn


by beneficiary against shipping documents

11. All banks charges : To the account of openers


outside India

12. Latest date of opening LC : Not later than 30 days from the date of
remitting advance (any agreed delivery time
will be deferred in accordance with the delay
in opening the LC)

13. Latest date of shipment : 30 days beyond the week of agreed shipment

14. Date of expiry of L/C : 25 days beyond the date of latest shipment

15. Partial Shipment : Allowed


16. Transshipment : Allowed

17. Shipment from : Any Indian seaport

18. The following documents are normally required by the Letter of Credit. Please avoid the
requirement of additional documentation without prior agreement of seller’s:
 Commercial Invoice, original, and 3 copies.
 Packing List, original, and 3 copies.
 Full Set of blank endorsed Bills of Lading.
 Bill of Lading to be consigned to Applicant's Bank, marked notify buyer.

19. While the nomination of shipping line of buyer’s choice and any inspection of ordered
goods by buyer can be incorporated in the contract, the same can never be a part of LC.
However, a third party inspection clause can be incorporated in the LC at extra actual
cost.

20. Any additional document / certificate required by the buyer can be incorporated in the
LC only with actual extra cost.

21. In the event of buyer’s request for late shipment, the LC is required to be amended by
the buyer at his own cost including specified storage charges at least 30 days in advance
of the agreed delivery date.

FOILEX REWT-4060/1300- Mono Layer Blown Film line-TIBAPLAST-Tunisia-TCO20SAM10597 – 0


RAJOO ENGINEERS LIMITED TCO20SAM10597 – 0 April 24th, 2020
Doc.No. F-MKTG-02
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