At present a modern highly automated plant "Polymir" is one of the largest chemical plants of Belarus. 5 plants with 30 main and auxiliary plants cover 800 hectares. Over 6000 specialists work at the enterprise. A team of highly skilled specialists of various plants can solve various tasks including production, research, marketing and sale. Annual foreign trade turnover is about 200 million USD.

211441, Novopolotsk, Vitebsk region
Republic of Belarus
Phone: +375 (214) 55-72-10, 55-79-80
Fax: +375 (214) 55-79-69, 55-78-82
Main / Auctions / Heavy pyrolysis resin

Heavy pyrolysis resin

         OJSC Naftan, the plant Polymir, Novopolotsk, Vitebsk region is selling heavy pyrolysis resin (further in the text - the product) at the bidding, outside the territory of the Republic of Belarus.
         The form of the bidding: auction with increase of price.
         Date, time and place of conduction: from April 26, 2017 at 11.00 a.m. at the Unified Trading Platform of the Belarusian State Concern for Oil and Chemistry Belneftekhim (further in the text - UTP), electronic auction will be held (further in the text - E-Trade) for export sale of the product belonging to OJSC Naftan, the plant Polymir. The E-Trade for heavy pyrolysis resin sale can be held within following working days under the same conditions.
         E-Trade is organized by: Unitary Enterprise "Belarusian Oil Trading House".
         The name of the product - heavy pyrolysis resin.
         Producer: OJSC Naftan, the plant Polymir, Novopolotsk.
         Quantity: 1 500 tonnes (+/- 10% at the Seller's discretion) - divisible lot. The total volume is composed of the agreed lots shipped monthly (evenly during the contract term). The final volume and delivery term of each specific lot shall be advised by the Seller not later than the 25th of the month preceding the shipment period by means of sending the Buyer the additional agreement to the Contract, which shall be signed by the Buyer within 3 working days from the date of the additional agreement.
         Quality parameters:  Control method TY BY 300041455.002-2003

Parameter

Norm

- Density at 20°C, g/cm3, not less than

1.03

- Cinematic viscosity at 50°C, centiStocks, not more than

40

- Distillation temperature

170

- Water content, %, not more

0.5

- Mass fraction of mechanical impurities, %, not more than

0.02

         Supply markets: all markets, except Poland. On the markets of Russia, Georgia, Ukraine, Lithuania, Latvia, Turkey, China, Moldova delivery of the product is only possible to end users. Delivery of heavy pyrolysis resin to the trading companies operating in the countries mentioned above is only possible through the distribution network of the concern "Belneftekhim".
         Shipping period from the plant: from May 2017 to April 2018.
         The loading of the product is made by the Seller into specialized railway tanks provided by the Buyer, which correspond to the requirements of the Annex 2 of Regulations Concerning Carriage of Dangerous Goods to the Agreement on International Goods Transport by Rail (SMGS).
         Terms of product delivery: DAP, the border of the Republic of Belarus (Incoterms 2010).
         Way of provision of obligations. The auction will be held without deposit.
         Information on the conditions of payment for the product: advance payment (100%).
         Currency of bidding (corrections) - U.S. Dollars.
         Currency of the contract - Euro, Russian rubles.
         Obligatory conditions of the contract:
         a) The preliminary price of the product is determined by the following formula in EURO or Russian rubles:

Ppr = 1.04*(Fuel Oil pr3,5% + D) / Rpr, where

         Ppr - the preliminary price for the heavy pyrolysis resin produced by the plant Polymir of OJSC Naftan in Euro or Russian rubles for 1 ton on delivery basis FCA Novopolotsk, rounded to two decimal places;
         1.04 - the correction factor for calculation of the formula of the preliminary price;
         Fuel Oil pr3,5% - average basis quotations rounded to two decimal places for the relevant position, according to «Platts» agency quotations, published in the edition of «Platts European Marketscan» on quotation days from 1st till 15th (inclusive) of the month preceding the month of formation of the final price for the monthly lot of products in U.S. dollars per a metric ton.
         D - the value of correction on delivery basis FCA Novopolotsk. The amount of correction is determined upon the results of the bidding in U.S. dollars for a metric ton.
         Rpr - is foreign exchange reference rate fixed by the Bloomberg agency at 14:00 of central European time (Frankfurt) published at www.bloomberg.com or fixed by the European Central Bank (ECB) at 14:15 of central European time published at www.ecb.int on the 16th day of the month preceding the month in which the final price shall be calculated. If exchange rates are not published for the above dates, then the first subsequent publication will be used.
         The month of preliminary price formation: the month preceding the period of shipment of each agreed lot of the product which is specified by the Seller in the relevant additional agreement to the Contract when determining the scope of supply of each particular lot of the product, beginning from April, 2017.
         The calculation of the final price of the product is made after the delivery of the monthly lot of the product and the expiration of the month of final price formation with conclusion of the relevant additional agreement.
         Final price of the product is determined EURO or Russian rubles by the following formula:

Pfn = (Fuel Oil fn3,5% + D) / Rfn , where

         Pfn - the final price for the heavy pyrolysis resin produced by the plant Polymir of OJSC Naftan in Euro or Russian rubles for 1 tonne on FCA Novopolotsk, rounded to two decimal places;
         Fuel Oil fn3,5% - average basis quotations rounded to two decimal places for the relevant position, according to «Platts» agency quotes, published in the edition of «Platts European Marketscan» on all quotation days of the month of formation of the final price for the monthly lot of products in U.S. dollars per a metric ton.
         D - the value of correction on delivery basis FCA, Novopolotsk. The amount of correction is determined upon the results of the bidding in USD for a metric ton.
         Rfn - is foreign exchange reference rate fixed by the Bloomberg agency at 14:00 of central European time (Frankfurt) published at www.bloomberg.com or fixed by the European Central Bank (ECB) at 14:15 of central European time published at www.ecb.int on the 1st day of the month following the month in which the final price shall be calculated. If exchange rates of the Bloomberg agency or of the ECB are not published for the above dates, then the first subsequent publication will be used.
         The month of final price formation: the first month of the period of shipment of each agreed lot of the product which is specified by the Seller in the additional agreement to the Contract at determining the scope of supply of each particular lot of the product, beginning from May, 2017.
         The basic quotations on the relevant position refer to the quotations of the agency « Platts», published in «Platts European Marketscan» - average of average quotations of quoting day, rounded to two decimal places, for the position of «Fuel Oil 3.5%» published under the title «Cargoes CIF NWE/Basis ARA» and «Barges FOB Rotterdam».
         In case if the contract price is in EURO, according to the rate of the Bloomberg agency - Bloomberg rate US dollar (USD) - EUR.
         In case if the contract price is in Russian Rubles, according to the rate of the Bloomberg agency - reference Bloomberg rate US dollar (USD) - EUR - Russian Ruble (RUB) rounded to four decimal places.
         In case if the contract price is in EURO, ECB rate:
- "Reference exchange rate US dollar (USD)".
         In case if the contract price is in RF Rubles, ECB cross-rate:
- "Reference exchange rate Russian rouble (RUB) to Reference exchange rate US dollar (USD)" rounded to four decimal places.
         If the final price has increased compared to the preliminary price, the Buyer undertakes to pay the amount of the surcharge within the period agreed in the relevant additional agreement to the contract.
         If the final price has decreased compared to the preliminary price, the Seller returns excess funds to the Buyer within 15 banking days from the date of receipt of the Buyer's written request for the return, under the condition of availability of the act of accounts signed by the parties.
         The Buyer shall pay in advance for 100% of the volume of the product shipped monthly as per the invoice issued by the Seller within the period specified in the relevant additional agreement for the monthly supply of the product volume. The date of payment shall be the date of crediting the money to the settlement account of the plant Polymir of OJSC Naftan.
         The final calculation of each agreed lot of the product is made by the parties on the final price at the time specified in the relevant additional agreement to the contract.
         If the Buyer refuses to pay for the product, the Seller shall be entitled to require the Buyer to pay the penalty in the amount of 5 % (five percent) of the unpaid amount. The refusal to pay shall be understood to mean a documented fact of direct refusal to pay for the product and the absence of payment for the product during 10 calendar days after the payment due date.
         If the payment for the product has been delayed up to 3 days inclusive the Seller has the right to submit the forfeit to the Buyer in the amount 0,1% of the sum of the delayed payment per each day of delay in payment; if the payment for the product has been delayed above 3 days, starting from the 4th day of delay in fulfillment of the obligation - in the amount 0,3 % of the sum of the delayed payment per each day of delay in payment.
         In the case of non-payment or delay in payment of products the Seller has the right to abandon the contract unilaterally and is exempted from liability for non-fulfillment of the contract obligations.
         In case if the term of payment for the product is infringed the Seller is entitled not to ship the products paid with delay in term and is exempted from liability for non-fulfillment of delivery obligations. In case the Seller decides not to ship the product for the amount of the funds transferred with delay in payment this amount shall be returned to the account of the Winner of the bidding (the Buyer) within 15 banking days from the date of receipt of the Buyer's written request for the return, upon availability of the act of accounts signed by the parties. The down payment received both before the term of payment and with delay is not a commercial loan.
         The Buyer shall provide the documents necessary for shipment within the period specified in the relevant additional agreement.
         If the product has not been taken out timely or completely due to the fault of the Buyer, the Seller has the right to require the Buyer to pay the penalty in the amount of 5% of the cost of the product having not been taken out timely due to the fault of the Buyer.
         In case of import of the product to the territory of the Russian Federation, Kazakhstan, Armenia and Kyrgyzstan the Buyer provides a deposit in the amount of 20% (twenty percent) of the sum for the product under the contract, which will be returned after provision to the Seller of a verified copy of an application about import of the product to the territory of the Russian Federation, Kazakhstan, Armenia and Kyrgyzstan and after report about receiving a mark of the tax authority confirming the payment of indirect taxes in full.
         The term granted to the winner of the bidding for conclusion of the contract for supply of the product: within 5 working days from the date of signing of the protocol of the bidding. If the winner of the bidding does not sign the contract, the Seller has the right to refuse to conclude a contract and the Seller shall not bear any responsibility in this regard.
         The auction quantity of the product can be changed by the Commission before the auction is opened.
         The Commission has the right to abandon the auction or to change auction conditions at any time before the auction or during the auction.
         The procedure of participation in the auction.
         Submission by the Bidder of an application for participation means agreement with the conditions specified in the notification.
         The bidders will participate in the auction through the Internet at the site http://www.bntdtorg.by/. To receive the access to participation in the auction it is necessary to submit to Unitary Enterprise "Belarusian Petroleum Trading House" duly arranged set of establishment and registration documents and also to register at the site of E-bidding as an applicant (section «Registration» at the site). If you have any questions relevant to the registration as an applicant for participation in the auction at the E- Trade System, please, contact the department for organization of sales at the E- Trade System and for logistics of  Unitary Enterprise "Belarusian Petroleum Trading House" (tel./fax +375 17 277 19 38)
         Order of registration of participation in the auctions.
         To be admitted to participate in the bidding, the bidders should consider the information available at the website: http://him.bntdtorg.by in the sections "News", "Rules" and register in the section "Registration" (the account will be activated after providing the package of documents) and submit the duly arranged set of establishment and registration documents, confirming the legal status and legal capacity: an extract from the trading register of the country of establishment; the charter; the certificate on registration; the document confirming the right to sign. Documents must be apostilled, translated into Russian and notarized.
         Please, send your documents to the following addresses:
- to Unitary Enterprise "Belarusian Oil Trading House" (in the original),
         Sales Organization Department at the UTP, the Republic of Belarus 220116, Minsk, Dzerzhinsky Avenue, 73
- to OJSC Naftan  the plant Polymir (copies) at the address:
         the Plant Polymir. 211441, Novopolotsk-5, Vitebsk Region, Republic of Belarus
         or by fax: +375 214 557941; +375 214 557984; +375 214 557992;
         or by e-mail tender@polymir.by.
         Should any questions arise regarding the registration in the E-Trade System, as well as providing information on the proposed lots, please, contact Anzhelika Vitalievna Illarionova, tel.: (+375 17) 2771938.

         Contact details:

Specialist on marketing of Chemical Products Sales Sector: Yuliya Gimro

+375 214 55 78 69

Economist of Bidding Sales Preparation Department: Anna Karaseva

+375 214 55 79 51

JSC "Polymir" included in The Belarusian State Concern for Oil and Chemistry "BELNEFTEKHIM"
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