Asia Carbon Industries, Inc. - FORM S-1 - EX-10.23 - May 26, 2010

Attached files

file filename
S-1 - Asia Carbon Industries, Inc.asiacarbon-s1_052110.htm
EX-3.2 - Asia Carbon Industries, Inc.ex3-2.htm
EX-3.1 - Asia Carbon Industries, Inc.ex3-1.htm
EX-5.1 - Asia Carbon Industries, Inc.ex5-1.htm
EX-10.1 - Asia Carbon Industries, Inc.ex10-1.htm
EX-10.4 - Asia Carbon Industries, Inc.ex10-4.htm
EX-10.6 - Asia Carbon Industries, Inc.ex10-6.htm
EX-10.9 - Asia Carbon Industries, Inc.ex10-9.htm
EX-10.3 - Asia Carbon Industries, Inc.ex10-3.htm
EX-10.5 - Asia Carbon Industries, Inc.ex10-5.htm
EX-10.8 - Asia Carbon Industries, Inc.ex10-8.htm
EX-10.2 - Asia Carbon Industries, Inc.ex10-2.htm
EX-10.16 - Asia Carbon Industries, Inc.ex10-16.htm
EX-10.22 - Asia Carbon Industries, Inc.ex10-22.htm
EX-10.15 - Asia Carbon Industries, Inc.ex10-15.htm
EX-10.17 - Asia Carbon Industries, Inc.ex10-17.htm
EX-10.20 - Asia Carbon Industries, Inc.ex10-20.htm
EX-10.18 - Asia Carbon Industries, Inc.ex10-18.htm
EX-10.13 - Asia Carbon Industries, Inc.ex10-13.htm
EX-10.10 - Asia Carbon Industries, Inc.ex10-10.htm
EX-10.19 - Asia Carbon Industries, Inc.ex10-19.htm
EX-10.11 - Asia Carbon Industries, Inc.ex10-11.htm
EX-10.14 - Asia Carbon Industries, Inc.ex10-14.htm
EX-10.21 - Asia Carbon Industries, Inc.ex10-21.htm
EX-21.1 - Asia Carbon Industries, Inc.ex21-1.htm
EX-23.1 - Asia Carbon Industries, Inc.ex23-1.htm
EX-10.32 - Asia Carbon Industries, Inc.ex10-32.htm
EX-10.25 - Asia Carbon Industries, Inc.ex10-25.htm
EX-10.29 - Asia Carbon Industries, Inc.ex10-29.htm
EX-10.34 - Asia Carbon Industries, Inc.ex10-34.htm
EX-10.31 - Asia Carbon Industries, Inc.ex10-31.htm
EX-10.27 - Asia Carbon Industries, Inc.ex10-27.htm
EX-10.26 - Asia Carbon Industries, Inc.ex10-26.htm
EX-10.28 - Asia Carbon Industries, Inc.ex10-28.htm
EX-10.24 - Asia Carbon Industries, Inc.ex10-24.htm
EX-10.33 - Asia Carbon Industries, Inc.ex10-33.htm
EX-10.30 - Asia Carbon Industries, Inc.ex10-30.htm
EX-10.7 - Asia Carbon Industries, Inc.ex10-7.htm
EX-10.12 - Asia Carbon Industries, Inc.ex10-12.htm
Exhibit 10.23
 
Coal Tar sales contracts
Seller: Shanxi Changyuan Coking Co., Ltd
Purchaser: Taiyuan Hongxing Carbon Co., Ltd 

The Seller and Purchaser reach the following agreement through friendly negotiation.

1, Product name: Coal Tar

2, Quantity: 800 Ton/Month

3, Price: RMB1700 / Ton (including tax). It shall inform the purchaser in a timely manner if there is a change in price.
(Due to the fluctuation of the price, the price shall be adjusted through a Price Adjustment Letter)

4, Quality Standard: the first class national standard: Water Content<=4%, Density 1.15g/cm3--1.20g/cm; Light oil:1%;carbolic oil 2%; acyl oil:4%,asphalt:65%~70%; ash<=0.14%
 The quality is subject to seller’s laboratory test report, purchaser may check it. It shall be settled through negotiation if dispute arise.

5, Settlement amount and reasonable loss: It shall be based on the weights calculated from seller, purchaser supervise the weight process. It shall be settled through negotiation if the weight difference is significant.

6, Settlement: Money transfer or bill of exchange with tax receipt of 17% value-added tax.
7, Delivery place and method: By trucks and purchase bear the cost

8, Default responsibility and solutions: The default party takes the full responsibility, and it shall be settled through negotiation if there is a contract dispute.

9, The contract is in duplicate, seller and purchaser each hold a contract, the contract come into force once it is signed and sealed by both parties.
 
Seller: Xiaoyi Jinhui Coal&Coking Co., Ltd
Purchaser: Taiyuan Hongxing Carbon Co. Ltd
Signature (Seal)
Signature (Seal)

Valid period: From January 1, 2009 to December 31, 2009

Asia Carbon Industries, Inc. Reports