Date : 2008-06-16

Title : ITB PARCO SULPHUR FOR SALE

Price :

Description :

ITB PARCO SULPHUR FOR SALE

PAK-ARAB REFINERY LIMITED

A Pakistan-Abu Dhabi Joint Venture

SALE OF SULPHUR

Pak-Arab Refinery Limited (PARCO) offers Sulphur for sale from its Mid-Country Refinery (MCR) at Mahmood Kot (District Muzafargarh).

The quantity being offered is 3,300 M. Tons ( /-10%) from July to September 2008 at a minimum reserve base price of Rs.50,000/ M. Ton (excluding GST & Special Excise Duty) ex-Delivery Point at MCR. Bidder (s) have t bid for a minimum quantity of 250 M. Tons. Quantity of Sulphur desired by the bidder (s), fulfilling all other requirements would be allocated to the highest bidder (s). In case, the highest bidder (s) offers for less quantity than the total quantity, then the remaining quantity will be offered to the next highest bidder s) provided they match the highest bid price and so on. Interested parties, having necessary resources, are invited to submit their bids along with 5% of the bid amount as Bid Bond in the form of a Bank Guarantee (from a Scheduled Bank in Pakistan) or Pay Order/Demand Draft. The price bids must be quoted in Rupees/M. Ton, for lifting from MCR's designated storage area. Bids complete in all respect and supported by necessary documents should be addressed to:

Managing Director,
Pak-Arab Refinery Limited,
corporate Headquarters,
Korangi Creek Road, Korangi,
Karachi-75190, Pakistan.

Sealed bids should reach latest by 1500 hours on June 26,2008. The price bids will be opened at 1530 hours on the same day in the presence of bidder (s) or their representatives who wish to be present. PARCO does not take any responsibility for the bids delayed or lost in transit etc. The tender documents which also contain terms & conditions may be obtained against written request and cash payment of Rs.200/-each (non-refundable) from Monday through Friday during working hours from June17 to 25,2008 from the Pak-Arab Refinery Limited offices listed below:

1. Manager Materials, Corporate Headquarters, Korangi Creek Road, Karachi-75190. Ph: (021) 5090100-25
2. Land Office: House No.10, D-2, Phase 1, Johar Town, Lahore. Ph:(042)5180010
3. Liaison Office: House 2B, Nazimuddin Road, F-8/1, Islamabad. Ph:(051)2250746, 2856914
4. Manager Finance-MCR, Mid-Country Refinery, Mahmood kot, District Muzaffargarh. Ph: (066) 2291202

PARCO reserves the right to reject any or all bids without assigning any reason, whatsoever.