Seller is GB International Trading SA. A Panama based company with offices in Venezuela and Miami. GB is a subsidiary of SENTINEL HOLDINGS , INC (*****) a financial holding company.

CEMENT:

Ordinary Portland Cement 42.5 N/R
International Standard: EN197-1/200 - ASTM-C-150 - BSS 12/1996
Origin: Europe
Cement Plants: Titan o Heidelberg. 20 Plants.
Packing: 50 Kg -3 Ply Paper Bag or 1, 500 Kg Big Bag. (Bags may have Private Label)
Qtty: 150, 000 MT Minimum per Year.
Duration: 12 Months Contract
Shipment : 12, 500 MT Minimum per Shipment
Price : $ 60.00 CIF Incoterms 2000 Will Be Applied
Performance Bond: 2% at Seller's cost
Inspection: By SGS before Loading
Terms of Payment: With Fully Funded, Irrevocable, Transferable and Revolving
Stand By Letter of Credit , Payable 100% At Sight Into
The Seller's Bank Against Presentation of All Shipment Documents & Payment Should Be Done Within Five(5)Banking Days.
Financial Instruments Should Be Confirmed & Issued By One Of
The Top 25 European Or American Banks According To The ICC 600 Latest Publication.
Note: Bank Guarantee Letter of Credit and Swift MT 760 are also acceptable. BGLC or SBLC no Transferable are also accepted.

Procedure: Buyer sends Letter of Intent (LOI)
Seller sends FCO. Buyer aprove , sign & sends back FCO to the Seller.
Seller sends Draft Contract.
Buyer approve Draft Contract.