- Triethylene Glycol ( TEG )
- Description of Triethylene Glycol ( TEG )
Triethylene glycol ( TEG ) is also a chemical compound that is categorized as an alcohol. At room temperature it is a liquid. It is clear, has a mild odor and is not extremely viscous, Triethylene glycol ( TEG ) is soluble in water.
- Usage of Triethylene Glycol ( TEG )
Biz Sky Energy can provide any grade of Triethylene Glycol ( TEG ) according to the specifications of individual clients, For any enquire please fill up the form below.
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Purchase Process
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Transaction Delivery Terms For Standard Cost, Insurance And Freight ( CIF ) Transaction Procedure
1). Buyer issues ICPO and CIS to Biz Sky Energy.
2). Biz Sky Energy and/or seller issues SPA contract ( Open for amendments ) and non competing non disclosure agreement ( NCNDA ) / irrevocable master fee protection agreement ( IMFPA ) to buyer, Buyer signs, Seals and returns the draft contract and non competing non disclosure agreement ( NCNDA ) / irrevocable master fee protection agreement ( IMFPA ) to Biz Sky Energy and/or seller for final endorsement.
3). Buyer provide proof of fund ( SBLC, LC, Escrow Account, )
4). Biz Sky Energy and/or seller issues partial proof of products
a) Commitment to supply
b) Availability of product,
c) Analysis report issued by GOST R
d) Certificate of conformity
5). Biz Sky Energy and/or seller & buyer jointly sign the CPA from the shipping company and pay the CPA Fees
6). Loading commence and Biz Sky Energy and/or seller send to buyer the bill of lading, Vessel's Q88 of the cargo
7). Upon vessel arrival at port of destination, Biz Sky Energy and/or seller issue ATB/ DTA for buyer/buyer's inspection team to conduct CIQ or its equivalents.
8). Biz Sky Energy and/or seller transfers owner ship title / full POP to buyer's name.
9). Buyer discharges the product
2). Biz Sky Energy and/or seller issues SPA contract ( Open for amendments ) and non competing non disclosure agreement ( NCNDA ) / irrevocable master fee protection agreement ( IMFPA ) to buyer, Buyer signs, Seals and returns the draft contract and non competing non disclosure agreement ( NCNDA ) / irrevocable master fee protection agreement ( IMFPA ) to Biz Sky Energy and/or seller for final endorsement.
3). Buyer provide proof of fund ( SBLC, LC, Escrow Account, )
4). Biz Sky Energy and/or seller issues partial proof of products
a) Commitment to supply
b) Availability of product,
c) Analysis report issued by GOST R
d) Certificate of conformity
5). Biz Sky Energy and/or seller & buyer jointly sign the CPA from the shipping company and pay the CPA Fees
6). Loading commence and Biz Sky Energy and/or seller send to buyer the bill of lading, Vessel's Q88 of the cargo
7). Upon vessel arrival at port of destination, Biz Sky Energy and/or seller issue ATB/ DTA for buyer/buyer's inspection team to conduct CIQ or its equivalents.
8). Biz Sky Energy and/or seller transfers owner ship title / full POP to buyer's name.
9). Buyer discharges the product
Standard Free On Board ( FOB ) Transaction Procedure
1. Buyer accepts Biz Sky Energy and/or seller working procedure and issue ICPO and CIS addressed to the Biz Sky Energy and/or seller refinery.
2. Biz Sky Energy and/or seller issues commercial invoice ( CI ), Buyer signs and returns back commercial invoice and tank storage agreement
( TSA ).
3. Buyer provide proof of fund ( SBLC, LC, Escrow Account, )
4. Biz Sky Energy and/or seller provide buyer with the below listed PPOP.
6. NCNDA/IMFPA will be signed, Buyer within 24 hours after successful dip test in Biz Sky Energy and/or seller tanks provide tank storage receipt ( TSR ) seller proceed for tank to tank injection and provide buyer with the injection report of the product into buyer tanks.
7. Buyer make payment for total cost of product injected into buyer tanks via MT103, Biz Sky Energy and/or seller transfer title ownership to buyer with all exportation documents required of buyer for the transaction.
8. Upon conclusion of first lift transaction seller pays all intermediaries involved in the transaction and proceeds with the signing of
contract with buyer
2. Biz Sky Energy and/or seller issues commercial invoice ( CI ), Buyer signs and returns back commercial invoice and tank storage agreement
( TSA ).
3. Buyer provide proof of fund ( SBLC, LC, Escrow Account, )
4. Biz Sky Energy and/or seller provide buyer with the below listed PPOP.
- Product passport ( Product Analysis Report )
- Irrevocable commitment letter to supplier
- Tank to tank injection agreement ( TTTIA ) to be signed by buyer tank farm.
- Non competing non disclosure agreement ( NCNDA ) / irrevocable master fee protection agreement ( IMFPA )
6. NCNDA/IMFPA will be signed, Buyer within 24 hours after successful dip test in Biz Sky Energy and/or seller tanks provide tank storage receipt ( TSR ) seller proceed for tank to tank injection and provide buyer with the injection report of the product into buyer tanks.
7. Buyer make payment for total cost of product injected into buyer tanks via MT103, Biz Sky Energy and/or seller transfer title ownership to buyer with all exportation documents required of buyer for the transaction.
8. Upon conclusion of first lift transaction seller pays all intermediaries involved in the transaction and proceeds with the signing of
contract with buyer
Standard Tanker Takes Over ( TTO ) Procedure
1. Buyer issues ICPO and CIS and request for one ( 1 ) day tank extension invoice.
2. Biz Sky Energy and/or seller issues commercial invoice for signing and the one ( 1 ) day tank extension invoice.
3. Buyer provide proof of fund ( SBLC, LC, Escrow Account, )
4. Buyer signs and returns the commercial invoice along with the payment receipt confirmation and non competing non disclosure agreement ( NCNDA ) / irrevocable master fee protection agreement ( IMFPA )
5. Biz Sky Energy and/or seller issues to the buyer below documents:
7. Biz Sky Energy and/or seller pays commission fees as per signed
2. Biz Sky Energy and/or seller issues commercial invoice for signing and the one ( 1 ) day tank extension invoice.
3. Buyer provide proof of fund ( SBLC, LC, Escrow Account, )
4. Buyer signs and returns the commercial invoice along with the payment receipt confirmation and non competing non disclosure agreement ( NCNDA ) / irrevocable master fee protection agreement ( IMFPA )
5. Biz Sky Energy and/or seller issues to the buyer below documents:
- a) Dip test authorization ( DTA ) for buyer’s endorsement only for seller's bank approval.
- b) Product analysis report
- c) Fresh SGS report
- d) Allocation certificate to buyers to conduct dip test in seller’s’ tank.
- e) One day tank extension storage receipt
7. Biz Sky Energy and/or seller pays commission fees as per signed
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Business Solutions
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- Financing
- Supply / Offtake
- Distribution Networks
- Bespoke Solutions
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Why Biz Sky Energy?
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Biz Sky Energy is your first port of call for chemical supply, Testing and inspection services for the whole range of hydrocarbon, Petroleum, Petrochemicals, Air Jets Fuels, Marine Fuels , Liquefied natural gas ( LNG ), Liquid petroleum gas ( LPG ) and other chemical gases including butane, Propane and LPG mix home gas etc. We offer a one stop solution for all your crude oil and commodities requirements, Our services cover the full range of crude oil, Condensates and other feedstocks,
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A World Wide Company With Global Solution
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We provide innovative services and solutions for every part of the oil, Gas and chemicals industry and environmental services from upstream, Midstream to downstream, When and where they are needed, Our global network of laboratories partner alongside our dedicated team allows us to respond to your needs, When and where they occur.
Our reputation for independence, Excellence and innovation has established us as the market leader in providing services that improve efficiency, Reduce risk and deliver competitive advantage for your company.
Our reputation for independence, Excellence and innovation has established us as the market leader in providing services that improve efficiency, Reduce risk and deliver competitive advantage for your company.