Document:

Exhibit 10.10

 

SPECIFIC TERMS IN THIS EXHIBIT HAVE BEEN REDACTED BECAUSE CONFIDENTIAL TREATMENT FOR THOSE TERMS HAS BEEN REQUESTED. THE REDACTED MATERIAL HAS BEEN SEPARATELY FILED WITH THE SECURITIES AND EXCHANGE COMMISSION, AND THE TERMS HAVE BEEN MARKED AT THE APPROPRIATE PLACE WITH FIVE ASTERISKS (*****).

FIRST AMENDMENT TO

 PROPYLENE SUPPLY CONTRACT

This First Amendment to Propylene Supply Contract (hereinafter “Amendment”) is made effective as of January 1, 2011 (hereinafter “Effective Date”), by and between INEOS Olefins & Polymers USA, a division of INEOS USA LLC (hereinafter “Buyer”), a Delaware limited liability company, and PL Propylene LLC (hereinafter “Seller”), a Delaware limited liability company.  Buyer and Seller may be referred to collectively as “Parties” and individually as a “Party.”

 

Recitals

WHEREAS, Buyer and Seller are parties to that certain Propylene Supply Contract effective September 29, 2009 (hereinafter “Contract”), and;

WHEREAS, the Parties desire to amend the Contract in the respects set forth below;

NOW, THEREFORE, for and in consideration of the mutual covenants and agreements herein expressed, and for other good and valuable consideration, receipt and sufficiency of which are hereby acknowledged, Buyer and Seller hereby amend the Contract and agree as follows:

	1.	Capitalized terms herein not otherwise defined will have the meanings ascribed to such terms in the Contract.

	2.	The Section of the Contract entitled Purchase Price is modified by striking the current text and substituting the following:

 

“During the Contract Term, the price per pound for PGP Product (hereinafter “PGP Purchase Price”) and/or for CGP Product (hereinafter “CGP Purchase Price”), as applicable, will be determined as follows:

		(i)	Each Month the Parties will enter into good faith negotiations in an attempt to arrive at a reference price, hereinafter referred to as the “PGP Reference Price” for PGP and/or the “CGP Reference Price” for CGP, for the calendar month in which deliveries are being made, which reference price accurately reflects the price generally accepted by buyers and sellers of large volumes of Product delivered via pipeline in the Gulf Coast region (excluding all discounts or allowances) during such month.  If the Parties fail to agree on a particular reference price prior to the end of the calendar month, and absent any mutual agreement by the Parties to extend negotiations for the month in which the reference price is being negotiated, then the PGP Reference Price and/or CGP Reference Price for such month will be calculated in accordance with the settled PG Propylene, Contract Benchmark and/or CG Propylene Contract, Benchmark, as applicable, as published in the North America Product Prices table, Cents/Pound column, CMAI MONOMERS MARKET REPORT (the “PG Propylene Contract, Benchmark” and “CG Propylene Contract, Benchmark,” respectively) for the month of delivery.

		(ii)	Once the PGP Reference Price and/or CGP Reference Price, as applicable, have been determined, the PGP Purchase Price and/or CGP Purchase Price, as applicable, will then be reduced by a discount of ***** percent (*****%); provided, however, such discount, as applied to each of the PGP Reference Price and/or the CGP Reference Price to arrive at the PGP Purchase Price and/or CGP Purchase Price, respectively, will not be greater than ***** cents per pound.

		(iii)	If for any given calendar month the Parties are unable to agree on either the PGP Reference Price and/or the CGP Reference Price, and the PG Propylene Contract, Benchmark and/or the CG Propylene Contract, Benchmark in the CMAI MONOMERS MARKET REPORT fail to settle prior to invoicing, then unless otherwise expressly agreed by the Parties, the provisional PGP Reference Price and/or the provisional CGP Reference Price, as applicable, for such month will initially be either the PG Propylene Contract, Benchmark and/or CG Propylene Contract, Benchmark, as applicable, for the immediately preceding month or the last settled month of delivery, as the case may be.  Once the PG Propylene Contract, Benchmark and/or CG Propylene Contract, Benchmark, as applicable, in the CMAI MONOMERS MARKET REPORT have settled for the calendar month of delivery, Seller will promptly reissue the invoice for the month in question, which invoice will provide the appropriate adjustment to reflect the change to the appropriate PGP Purchase Price and/or CGP Purchase Price, as applicable; any additional amounts owing by Buyer will be paid within fifteen (15) days of the receipt of such invoice and any credits owing to Buyer will be applied to the next invoice delivered by Seller.

		(iv)	If in any given calendar month the Parties are unable to agree on either the PGP Reference Price and/or the CGP Reference Price, and the PG Propylene Contract, Benchmark and/or the CG Propylene Contract, Benchmark, as applicable, in the CMAI MONOMERS MARKET REPORT have settled for the month of delivery as a range, then the PGP Purchase Price and/or CGP Purchase Price, as applicable, will be calculated using the arithmetic average of the published PG Propylene Contract, Benchmark and/or CG Propylene Contract, Benchmark range, as applicable,

		(v)	In the event the CMAI MONOMERS MARKET REPORT ceases publication, or the monthly publications of the benchmark prices needed to calculate the PGP Reference Price and/or CGP Reference Price cease or no longer reflect actual market conditions, then Buyer and Seller agree to negotiate, in good faith, a suitable replacement that, to the extent possible, will allow calculation of the PGP Reference Price and/or CGP Reference Price in a manner consistent with the original intent of this Contract.”

	3.	The Section of the Contract entitled Delivery Point is modified by adding the following:

“For Buyer’s Exchange Balance (as defined in Attachment C), there will be no Delivery Point in connection with the initial purchase by Buyer; however, when the Buyer’s Exchange Balance is ultimately received by Buyer, the Delivery Point will be, either (i) the Exxon CGP pipeline system for delivery to Buyer at the INEOS Nitriles Green Lake facility located in Calhoun County, Texas, or (ii) such other locations as are mutually agreed upon in writing by Buyer and Seller.”

	4.	The Section of the Contract entitled Delivery/Title Transfer is modified by adding the following:

“For Buyer’s Exchange Balance (as defined in Attachment C), title to, beneficial interest in, risk of loss for, and possession and control of the Product will pass to Buyer at the Delivery Point.”

	5.	The Section of the Contract entitled Special Provisions is modified by adding the following:

“Storage of Buyer’s Exchange Balance (as defined in Attachment C) will be administered in accordance with Attachment C, Exchange Balance, attached hereto.

If the provisions of the foregoing terms and the Terms and Conditions and Attachments hereto directly conflict, then the provisions of foregoing terms will prevail.”

2

	6.	Terms and Conditions, Section 1 — Purchase and Sale, first sentence, is modified by striking the current text and substituting the following:

“Each month, Buyer will pay Seller an amount equal to the product of (a) the applicable Purchase Price for each Product and (b) the sum of the quantity in pounds of each Product (i) delivered by Seller to Buyer hereunder (and not comprising part of Buyer’s Exchange Balance) and (ii) added to Buyer’s Exchange Balance.”

	7.	Terms and Conditions, Section 5 — Quantity and Nominations, is modified by adding the following:

“5.3 Buyer’s nomination will designate the quantity of Product, if any, nominated from Buyer’s Exchange Balance (as defined in Attachment C).”

	8.	Terms and Conditions, Section 12.5, is modified by striking the current text and substituting the following:

“The obligations of the Parties under Sections 3, 4.3, 7, 10, 12, and Attachment C will survive termination, cancellation, or expiration of this Contract.

	9.	The Contract is modified by adding Attachment C, Exchange Balance, attached hereto.

	10.	The Contract, as amended by this Amendment, will remain and continue in full force and effect, will constitute a legal, valid, and binding obligation of Buyer and Seller, and is in all respects agreed to, ratified, and confirmed hereby.

	11.	Any reference to the Contract after the Effective Date will be deemed a reference to the Contract as amended by this Amendment.

	12.	This Amendment will be construed in accordance with, and governed by, the laws of the State of Texas, excluding any choice of law rules which may direct the application of the laws of any other jurisdiction.

	13.	This Amendment may be executed and delivered in the original, by facsimile. by Portable Document Format (PDF), or by any other generally accepted electronic means, in one or more counterparts, and by the different Parties in separate counterparts, each of which when executed and delivered will be deemed an original, but all of which taken together will constitute one and the same agreement.

 

[Signature Page Follows]

3

IN WITNESS WHEREOF, the Parties have executed this Amendment as of the Effective Date.

 

	
PL PROPYLENE LLC

		
INEOS Olefins and Polymers USA,

	
		
 

		
a division of INEOS USA LLC

	
	 				
	By:	
/s/ Hank C. Jeans

		By:	
/s/ Dennis J. Seith

	
	 					
	
Printed

			
Printed

		
	Name:	Hank C. Jeans		Name:	Dennis J. Seith	
	 					
	Title:	
SR VP

		Title:	
CEO & President

	

 

SIGNATURE PAGE

4

ATTACHMENT C

 EXCHANGE BALANCE

 

	1.	If, in any given calendar month, Buyer desires to nominate a quantity of Product greater than the quantity of Product Buyer desires to actually receive, then, with the consent of Seller, Buyer may purchase excess Product and Seller will hold such excess quantity of Product on Buyer’s behalf in accordance with this Attachment C.  The Parties acknowledge and agree the cumulative excess quantity of Product held on Buyer’s behalf in accordance with this Attachment C (hereinafter “Buyer’s Exchange Balance”), as same may increase or decrease from calendar month to calendar month, (i) will not exceed 11.000,000 pounds, (ii) will consist only of CGP, and (iii) will be held by Seller at no additional cost to Buyer.

 

	2.	Seller will endeavor to make Buyer’s Exchange Balance available to Buyer for delivery at the Delivery Points.  Buyer will provide Seller with reasonable notice as to nominations, scheduling and deliveries relating to the delivery of Buyer’s Exchange Balance and Seller will be required to fulfill Buyer’s nominations relating to the delivery of Buyer’s Exchange Balance only to the extent it has reasonable advance notice to consummate the Product movements.  Any Product comprising part of Buyer’s Exchange Balance and delivered by Seller or its designee to Buyer will meet the applicable Specifications set forth in the Contract.

 

	3.	Seller or its designee will have legal title, risk of loss for, and possession and control of the Product comprising Buyer’s Exchange Balance; provided, however, Buyer will hold a beneficial interest in such Product upon payment pursuant to Section 1 of the Terms and Conditions of the Contract.

 

	4.	Settlement of the final Buyer’s Exchange Balance, if any, will be “in-kind” and completed within thirty (30) days after the expiration of this Contract by means of one or more deliveries to Buyer.

 

EXHIBIT CExhibit 10.12

SPECIFIC TERMS IN THIS EXHIBIT HAVE BEEN REDACTED BECAUSE CONFIDENTIAL TREATMENT FOR THOSE TERMS HAS BEEN REQUESTED. THE REDACTED MATERIAL HAS BEEN SEPARATELY FILED WITH THE SECURITIES AND EXCHANGE COMMISSION, AND THE TERMS HAVE BEEN MARKED AT THE APPROPRIATE PLACE WITH FIVE ASTERISKS (*****).

THIRD AMENDMENT TO

PROPYLENE SUPPLY CONTRACT

This Third Amendment to Propylene Supply Contract (hereinafter “Amendment”) is made effective as of November 1, 2013 (hereinafter “Effective Date”), by and between INEOS Olefins & Polymers USA, a division of INEOS USA LLC (hereinafter “Buyer”), a Delaware limited liability company, and PL Propylene LLC (hereinafter “Seller”), a Delaware limited liability company.  Buyer and Seller may be referred to collectively as “Parties” and individually as a “Party”.

Recitals

WHEREAS, Buyer and Seller are parties to that certain Propylene Supply Contract effective September 29, 2009, as amended pursuant to that First Amendment to Propylene Supply Contract effective January 1, 2011, and pursuant to that Second Amendment to Propylene Supply Contract effective January 1, 2012 (hereinafter “Contract”), and;

WHEREAS, the Parties desire to amend the Contract in the respects set forth below;

NOW, THEREFORE, for and in consideration of the mutual covenants and agreements herein expressed, and for other good and valuable consideration, receipt and sufficiency of which are hereby acknowledged, Buyer and Seller hereby amend the Contract and agree as follows:

		1.	Capitalized terms herein not otherwise defined will have the meanings ascribed to such terms in the Contract.

		2.	The Section of the Contract entitled Period is modified by striking all references to the date “December 31, 2013” and substituting the date “December 31, 2016”.

		3.	The Section of the Contract entitled Quantity is modified by striking the current text and substituting the following:

“Subject to proration for the month and year in which the Commencement Date occurs (as set forth below), during the Contract Term, Seller agrees to sell and Buyer agrees to purchase and pay for the following quantity of Product(s):

		(i)	For each calendar month ("month") Buyer shall purchase at least the Monthly Minimum and no more than the Monthly Maximum, and (ii) for each calendar year ("year") Buyer shall purchase at least the Yearly Minimum and no more than the Yearly Maximum:

	
YEAR

	 	
Monthly

	 	 	
Monthly

	 	 	
Yearly

	 	 	
Yearly

	 
	
 

	 	
Minimum

	 	 	
Maximum

	 	 	
Minimum

	 	 	
Maximum

	 
	
2010

	 	 	
11,000,000

	 	 	 	
17,000,000

	 	 	 	
160,000,000

	 	 	 	
200,000,000

	 
	
2011

	 	 	
11,000,000

	 	 	 	
17,000,000

	 	 	 	
160,000,000

	 	 	 	
200,000,000

	 
	
2012

	 	 	
18,000,000

	 	 	 	
24,000,000

	 	 	 	
244,000,000

	 	 	 	
284,000,000

	 

	
YEAR

	 	
Monthly

	 	 	
Monthly

	 	 	
Yearly

	 	 	
Yearly

	 
	
 

	 	
Minimum

	 	 	
Maximum

	 	 	
Minimum

	 	 	
Maximum

	 
	
2013

	 	 	
18,000,000

	 	 	 	
24,000,000

	 	 	 	
244,000,000

	 	 	 	
284,000,000

	 
	
2014

	 	 	
18,000,000

	 	 	 	
24,000,000

	 	 	 	
228,000,000

	 	 	 	
288,000,000

	 
	
2015

	 	 	
18,000,000

	 	 	 	
24,000,000

	 	 	 	
228,000,000

	 	 	 	
288,000,000

	 
	
2016

	 	 	
18,000,000

	 	 	 	
24,000,000

	 	 	 	
228,000,000

	 	 	 	
288,000,000

	 

If the Contract Term extends beyond December 31, 2016, then thereafter for the remainder of the Contract term, Buyer shall purchase (i) at least the Monthly Minimum and Yearly Minimum quantities set forth in the foregoing table for the year 2016 in each month and year, respectively, and (ii) no more than the Monthly Maximum and the Yearly Maximum quantities set forth in the foregoing table for the year 2016 in each month and year, respectively.

The quantity of Product for the month in which the Commencement Date occurs will be prorated for that month based on the number of days remaining in the month from the Commencement Date divided by the number of days in such month. The minimum and maximum quantity of Product for the calendar year in which the Commencement Date occurs will be prorated for that year based on the number of months remaining in that year.

All quantities of Product shall be purchased and paid for on a stream basis.”

		4.	The Section of the Contract entitled Purchase Price is modified by striking all references to the term “CMAI” and substituting the term “IHS Chemical”.

		5.	The Section of the Contract entitled Purchase Price is modified by striking the current clause (ii) and substituting the following:

“(ii) Once the PGP Reference Price and/or CGP Reference Price, as applicable, have been determined, the PGP Purchase Price and/or CGP Purchase Price, as applicable, will then be reduced by a discount of ***** percent (*****%); provided, however, (a) until January 1, 2014, such discount, as applied to each of the PGP Reference Price and/or the CGP Reference Price to arrive at the PGP Purchase Price and/or CGP Purchase Price, respectively, will not be greater than ***** cents per pound; (b) from and after January 1, 2014, such discount, as applied to the CGP Reference Price to arrive at the CGP Purchase Price, will not be greater than ***** cents per pound, and such discount, as applied to the PGP Reference Price to arrive at the PGP Purchase Price, will not be greater than ***** cents per pound; and (c) from and after January 1, 2017 and provided this Contract is still in effect, then such discount, as applied to the CGP Reference Price to arrive at the CGP Purchase Price, will not be greater than ***** cents per pound, and such discount, as applied to the PGP Reference Price to arrive at the PGP Purchase Price, will not be greater than ***** cents per pound.”

2

		6.	The Section of the Contract entitled Delivery Point is modified by striking the current text and substituting the following:

“Prior to Buyer’s receipt of the Project Completion Notice (as defined below), the Delivery Point shall be; (i) for CGP, into the Exxon/INEOS pipeline system (the “Exxon/INEOS Pipeline”) for delivery to Buyer's Nitriles Green Lake facility located in Calhoun County, Texas (the “Green Lake Facility”) or (ii) if mutually agreed in writing by Buyer and Seller, for CGP, and if available, PGP, at other mutually acceptable locations.

Prior to completion of the PGP Connection (as defined below), if Seller delivers PGP, Buyer agrees to reimburse Seller for all third party transportation and/or exchange fees Seller incurs in connection with the delivery of PGP with the exception that Buyer will not be charged any delivery and/or exchange fees for alternate PGP deliveries to INEOS’s LaPorte, Texas facility.

Commencing on the first day of the calendar month following Buyer’s receipt of the Project Completion Notice, the Delivery Point for PGP shall be into the Exxon/INEOS Pipeline through the PGP Connection (as defined below); provided, however, from time-to-time Seller may, if mutually agreed with Buyer, deliver CGP to INEOS into the Exxon/INEOS Pipeline in lieu of previously nominated PGP.  In addition, following Buyer’s receipt of the Project Completion Notice, Buyer and Seller may mutually agree in writing for the delivery of PGP or CGP at other locations.  Buyer agrees to reimburse Seller for all third party transportation and/or exchange fees Seller incurs in connection with such delivery of PGP or CGP with the exception that Buyer will not be charged any delivery and/or exchange fees for alternate PGP deliveries to INEOS’s LaPorte, Texas facility or to the PGP Connection.

For Buyer’s Exchange Balance (as defined in Attachment C), there will be no Delivery Point in connection with the initial purchase by Buyer; however, when Buyer’s Exchange Balance is ultimately received by Buyer, the Delivery Point shall be; (i) for CGP, into the Exxon/INEOS Pipeline, (ii) for PGP after the delivery of the Project Completion Notice, into the Exxon/INEOS Pipeline through the PGP Connection, and (iii) for CGP and PGP at all times, at such other locations as are mutually agreed upon in writing by Buyer and Seller”

3

		7.	The Section of the Contract entitled Special Provisions is modified by striking the current text and substituting the following:

“Storage of Buyer’s Exchange Balance (as defined in Attachment C) will be administered in accordance with Attachment C, Exchange Balance, attached hereto.

Seller is working (i) to re-tray a spare propylene splitter at its existing plant and (ii) on a PGP pipeline connection (the “PGP Connection”) from its existing PGP pipeline system to the Exxon/INEOS Pipeline (collectively, the “Project”). Seller will keep Buyer updated on the status of the Project and will provide Buyer with prompt written notice of the completion of the Project (“Project Completion Notice”).

Upon completion of the Project, Seller will make reasonable commercial efforts to facilitate movements of third party PGP volume through the PGP Connection for delivery on behalf of Buyer into the Exxon/INEOS Pipeline. With respect to the foregoing, Seller agrees that the transportation charge to third parties for transport through the PGP Connection will be $***** per pound.  Any such movement will be subject to availability of the PGP Connection and mutual agreement between Seller and such third party regarding physical delivery into the PL Propylene pipeline system or an exchange agreement between Seller and such third Party.

The Parties agree the Contract, the Terms and Conditions, and all information and data exchanged by the Parties in accordance with the Contract will be maintained in strict and absolute confidence, except to the extent disclosure is necessary to perform a Party’s obligations or as required by law.

If the provisions of the foregoing terms and the Terms and Conditions and Attachments hereto directly conflict, then the provisions of foregoing terms will prevail.”

		8.	From and after the execution of this Amendment Attachment A-2, PGP Product Specification, is deleted and the Attachment A-2 attached hereto is substituted therefor.

		9.	Paragraph 1 of Attachment C, Exchange Balance, is modified by striking the current text and substituting the following:

“If, in any given calendar month, Buyer desires to nominate a quantity of Product greater than the quantity of Product Buyer desires to actually receive, then, with the consent of Seller, Buyer may purchase excess Product and Seller will hold such excess quantity of Product on Buyer's behalf in accordance with this Attachment C. The Parties acknowledge and agree the cumulative excess quantity of Product held on Buyer's behalf in accordance with this Attachment C (hereinafter “Buyer's Exchange Balance”), as same may increase or decrease from calendar month to calendar month, (i) will not exceed 11,000,000 pounds, (ii) prior to the completion of the Project, will consist of only CGP, but from and after the completion of the Project, may consist of either CGP or PGP, and (iii) will be held by Seller at no additional cost to Buyer”.

		10.	The Contract, as amended by this Amendment, will remain and continue in full force and effect, will constitute a legal, valid, and binding obligation of Buyer and Seller, and is in all respects agreed to, ratified, and confirmed hereby.

4

		11.	Any reference to the Contract after the Effective Date will be deemed a reference to the Contract as amended by this Amendment.

		12.	This Amendment will be construed in accordance with, and governed by, the laws of the State of Texas, excluding any choice of law rules which may direct the application of the laws of any other jurisdiction.

		13.	This Amendment may be executed and delivered in the original, by facsimile, by Portable Document Format (PDF), or by any other generally accepted electronic means, in one or more counterparts, and by the different Parties in separate counterparts, each of which when executed and delivered will be deemed an original, but all of which taken together will constitute one and the same agreement.

 

IN WITNESS WHEREOF, the Parties have executed this Amendment as of the Effective Date.

 

	
PL PROPYLENE LLC

		
INEOS Olefins and Polymers USA,

	
		
 

		
a division of INEOS USA LLC

	
	 				
	By:	
/s/ Nathan L. Ticatch

		By:	
/s/ Dennis J. Seith

	
	 					
	
Printed

			
Printed

		
	Name:	Nathan L. Ticatch		Name:	Dennis J. Seith	
	 					
	Title:	
President

		Title:	
CEO & President

	

 

5

ATTACHMENT A-2

 

PL Propylene LLC Product Specification for delivery of PGP to ExxonMobil/Ineos Pipeline(5)

 

	
Name of Product:  Polymer Grade Propylene (high purity)

	
Date:  October 15, 2013

	 
	
Test

	
Units

	
Test Method

	
Specification

	
Propylene

	
Wt % Min

	
ASTM D2712*

	
99.5

	
 

	
 

	
 

	
 

	
Propane

	
ppm wt Max

	
ASTM D2712*

	
5000

	
 

	
 

	
 

	
 

	
Methane + Ethane

	
ppm wt Max

	
ASTM D2712*

	
500

	
 

	
 

	
 

	
 

	
Hydrogen

	
ppm wt Max

	
ASTM D2504*

	
1.0

	
 

	
 

	
 

	
 

	
Ethylene

	
ppm wt Max

	
ASTM D2712*

	
10

	
 

	
 

	
 

	
 

	
Total C4’s (3)

	
ppm wt Max

	
ASTM D2712*

	
100

	
 

	
 

	
 

	
 

	
1, 3 Butadiene

	
ppm wt Max

	
ASTM D2712*

	
2.0

	
 

	
 

	
 

	
 

	
Butene (1)

	
ppm wt Max

	
ASTM D2712*

	
10

	
 

	
 

	
 

	
 

	
C5 & Heavier (2)

	
ppm wt Max

	
ASTM D-2504*

	
10

	
 

	
 

	
 

	
 

	
Methyl Acetylene + Acetylene

	
ppm wt Max

	
ASTM D2712*

	
2.0

	
 

	
 

	
 

	
 

	
Propadiene

	
ppm wt Max

	
ASTM D2712*

	
1.0

	
 

	
 

	
 

	
 

	
CO2

	
ppm wt Max

	
ASTM D2504*

	
1.0

	
 

	
 

	
 

	
 

	
CO

	
ppm wt Max

	
ASTM D2504*

	
0.1

	
 

	
 

	
 

	
 

	
Total Oxygenates

	
ppm wt Max

	
ASTM D4864*

	
2.0

	
 

	
 

	
 

	
 

	
H2O

	
ppm wt Max

	
Online Analyzer

	
1.0

	
 

	
 

	
 

	
 

	
Oxygen

	
ppm wt Max

	
ASTM D2504*

	
1.0

	
 

	
 

	
 

	
 

	
Total Sulfur

	
ppm wt Max

	
ASTM D-4045*

	
0.5

	
 

	
 

	
 

	
 

	
COS

	
ppb wt Max

	
ASTM D5303*

	
20

	
 

	
 

	
 

	
 

	
H2S

	
ppm wt Max

	
ASTM D3246*

	
0.5

	
 

	
 

	
 

	
 

	
Arsine

	
ppb wt Max

	
GCMS

	
20

	
 

	
 

	
 

	
 

	
Phosphine

	
ppb wt Max

	
GCMS

	
20

	
 

	
 

	
 

	
 

	
Ammonia

	
ppm wt Max

	
ASTM D3431*

	
0.2

	
 

	
 

	
 

	
 

	
Methanol

	
ppm wt Max

	
Gas Chromatograph

	
1.0

	 			 
	
Total Chlorides (4)

	
ppm wt Max

	
Microcoulometry or

Equivalent (4)

	
1.0

	
* Any GC method capable of meeting or exceeding the quality criteria outlined in the relevant ASTM method.

	
Note 1:  Butenes include 1-butene, 2-butene, and iso-butylene.

	
Note 2: C5 + includes C5 – C9 hydrocarbons and is certified by periodic lab samples or configuration analysis.

	
Note 3:  Total C4 includes normal butane, butene-2, butene-1, 1,3 butadiene, Isobutylene and Isobutane.

	
Note 4:  Total Chlorides include both inorganic and organic chlorides (methyl chloride, ethyl chloride and vinyl chloride) and is certified by periodic lab samples and or configuration analysis.

	
Note 5:  Specifications for delivery to an alternate Delivery Point must be mutually agreed to in writing between Buyer & Seller.

 

6

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00227-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00227-of-00352.parquet"}]]