Trade Terms and Conditions

1. General

These Terms and Conditions ("Terms") apply to all quotations, sales and deliveries made by Orison Chemicals Limited (the "Seller") unless otherwise agreed in writing. Any change to these Terms is only effective when confirmed in writing by the Seller.

2. Quotations and Orders

All quotations are valid for 30 days unless otherwise stated. Orders are subject to Seller confirmation. The Seller reserves the right to accept or reject any order at its sole discretion.

3. Prices

Prices are quoted based on the agreed Incoterm (e.g., FOB, CFR, CIF — Incoterms® 2020) unless otherwise specified. Prices exclude taxes, duties and other charges unless stated. The Seller may adjust prices due to changes in raw material, freight, or exchange rates.

4. Payment

Payment methods include T/T in advance, T/T 30% deposit + 70% before shipment, or L/C at sight. The Buyer shall bear all bank charges outside the Seller's country. Delayed payment may result in suspension or termination of the contract.

5. Delivery

Delivery dates are approximate and not guaranteed. The Seller is not liable for delays caused by force majeure events such as natural disasters, wars, strikes, epidemics, or transportation disruptions.

6. Inspection and Claims

The Buyer shall inspect the goods upon arrival. Any claims for quality or quantity discrepancies must be submitted in writing within 7 days of receipt. The Seller’s liability shall not exceed the value of the defective goods.

7. Quality and Specifications

The goods shall conform to the specifications agreed in the contract or sales confirmation. Analytical reports and Certificates of Analysis (COA) are provided upon request. The Seller makes no warranty beyond the stated specifications.

8. Packaging

Packaging shall be in standard export-worthy condition suitable for chemical products. Any special packaging requirements must be agreed in advance and may incur additional costs.

9. Force Majeure

Neither party shall be liable for any failure or delay in performance due to circumstances beyond its reasonable control, including but not limited to natural disasters, war, export bans, or shipping disruptions.

10. Governing Law and Arbitration

These Terms shall be governed by and construed in accordance with the laws of the People’s Republic of China. Any dispute arising out of or relating to this contract shall be settled through friendly negotiation. If no agreement is reached, the dispute shall be submitted to CIETAC (China International Economic and Trade Arbitration Commission) for arbitration in Tianjin, China, in accordance with its rules. The arbitration award shall be final and binding upon both parties.

11. Limitation of Liability

The Seller shall not be liable for any indirect, incidental, or consequential damages, including loss of profit or business opportunity. The total liability of the Seller shall not exceed the contract value of the goods concerned.

12. Compliance

The Buyer shall comply with all applicable import, environmental, and safety regulations of the destination country. The Seller assumes no responsibility for misuse or improper handling of the products after delivery.

13. Confidentiality

All technical, commercial, and business information exchanged between the parties shall be treated as confidential and shall not be disclosed to any third party without prior written consent.

14. Amendments

Any modification to these Terms shall be made in writing and signed by both parties.