Formosa Plastic group (FPG), Taiwan’s private sector conglomerate, has floated two prompt thermal coal tenders for its power plants. The company is engaged in several businesses such as oil refining, petrochemicals, plastic raw materials, secondary processing of plastics, fiber and textile, electronic materials, machinery, and transportation.
In the first tender, FPG seeks an unspecified volume of thermal coal with a minimum calorific value of 5500 NAR to be delivered to the Mailio port over 10 Nov’18-15 Dec’18.
The bidder is required to deliver the coal shipment on Cape Vessel, and should quote index-linked and fixed price for reference. FPG would consider only FoB term for this tender.
The specifications of the coal entitled in this tender are tabulated below.
| Specification | Permissible limit |
| GAR (ARB) | 5700 (min) |
| NAR (ARB) | 5500 (min) |
| Total Moisture (ARB) | 16% (max) |
| Inherent Moisture (ADB) | 10% (max) |
| Volatile Matter (ADB) | 24-42% |
| Ash (ADB) | 17% (max) |
| Total Sulphur (ADB) | 0.9% (max) |
| Grindibility (HGI) | 40 (min) |
| Ash Fusion Temperature (IDT) | 1200 |
In the second tender, FPG again seeks an unspecified volume of thermal coal with minimum calorific value of 5500 NAR but of slightly different specification.
Besides, the bidder is required to deliver the coal shipment on Handy/ Panamax vessels to Taichung, Taipei, Kaohsiung and Suao ports over 1 Nov’18-31 Dec’18.
The bidder should quote their offers on both index-linked and fixed price, while FPG would consider both FoB and CFR shipments for this tender.
The specifications of the coal are tabulated below.
| Specification | Permissible limit |
| GAR (ARB) | 5700 (min) |
| NAR (ARB) | 5500 (min) |
| Total Moisture (ARB) | 16% (max) |
| Inherent Moisture (ADB) | 8.9% (max) |
| Volatile Matter (ADB) | 26-38% |
| Ash (ADB) | 13.8% (max) |
| Total Sulphur (ADB) | 0.84% (max) |
| Grindibility (HGI) | 40 (min) |
| Ash Fusion Temperature (IDT) | 1200 |
The closing date for both the coal tenders is 10 Sep’18 at 23:59 (Taiwan Time).
Interested bidders may register at FPG’s web portal.
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