purchase export bitumen
from mercantile (commodity) exchange
Asphalt and Bitumen West Company
offers its products on the mercantile exchange to sell them. The buyers can buy
export bitumen from the mercantile exchange by visiting the Iran Mercantile
Exchange. In order to buy bitumen from the mercantile exchange or any other
activities in the mercantile exchange, they have to register and receive the
exchange code at first. To receive an exchange code doesn't cost you anything
at all. Receiving an exchange code takes you one day at least. To receive the
code, the buyer should visit a brokerage company and fill out the required
forms, and submit your supporting documents to them. The required documents for
legal entities are a copy of the national identity card and the identity card
(the birth certificate) of the chief executive officer and
the last official newspaper ads. After getting your code, you'll be known as a
member of the exchange company. In order to buy export bitumen from the
mercantile exchange, you have to fill out your purchase requisition form and
give it to the chosen brokerage.
The specific transaction code of the
commodity group has been defined to purchase and sell a specific commodity and
whoever has this code is allowed to buy a particular commodity between all the
registered ones and from that special commodity group; under the condition that
there are no announced restrictions. This company acts out to the production of
different types of emulsified and the cutback bitumen in Bisotoon industrial
town, using technologies and machinery of the French company (L.T.A) that is
the composer of the factories of emulsified bitumen, polymerized emulsions, and
the cutback bitumen, and based on the 12505 standards of the standards
organization, the industrial research, ASTM, AASHTO, and the instruction of the
bitumen emulsions use which is the issue of the 207th publication of the Plan
and Budget Organization, and the instructions of the Ministry of Roads and
Urban Development.
Right now, the products of this
company are being sold at the mercantile exchange. This is the first company
that produces emulsified bitumens in the country and has succeeded to achieve
the technical certification and production qualification from the Road,
Housing, and Urban Development. As you know, based on article 17* "on the
development of new financial instruments and institutions law in order to
facilitate the implementation of the general policies of article 44 of the
Constitution", buying from the companies that are the member of the
mercantile exchange is based on the trading regulations in exchange and is
subject to exchange regulations and also isn't required to inquire, tender or
leaving the tender formalities.
*Article 17: Purchase and sale of
goods listed on commodity (mercantile) exchanges traded in accordance with the
regulations governing those exchanges by ministries, organizations,
governmental and public institutions, and executive agencies don't need to hold
tenders or auctions and related formalities.