UTCC LLC, is based out of Houston, Texas and involved in arranging allocations Oil and Gas, Chemicals, and other commodities for our valued clients.
At the core of global procurement and supply, UTCC has successfully provided vital commodities to our it’s valued clients reliably, efficiently, and responsibly. With our global network and our profound knowledge of markets, we have gained expertise to supply the resources needed to empower and build the world.
Over the years, we have successfully collaborated & partnered with direct supply source across North America, Middle East and North Africa (MENA), and Asia. This eliminates middle man & brokers saving additional dollars for our clients.
Following are the list of Product:
- PHOSPHATES (OCP,MOROCCO)
- LPG (QATAR GAS, QATAR)
- LNG (USA, QATAR)
- CRUDE OIL & DIESEL (SAUDI ARAMCO)
- JET FUEL (KHAZAKISTAN, QATAR)
- CRUDE OIL (BASRAH LIGHT - IRAQ)
- SODA ASH (DENSE,MEDIUM & LIGHT – US/KENYA)
- NATURAL STONES (INDIA)
- MINERALS
How we work
We engage directly with the end source for any product to negotiate highly competitive prices and pass on the savings to our valued clients.
- The Buyer issues a comprehensive Letter of Intent (LOI) addressed to UTCC LLC (Seller).
- UTCC LLC and the seller will jointly conduct a soft probe on the buyers’ credentials (financial capability, credibility, market value, etc.) as mentioned in the LOI.
- Once the buyer clears the soft probe, UTCC LLC issues SCO to the buyer. Buyer on receipt of SCO signs and returns SCO along with ICPO to UTCC LLC.
- On receipt of ICPO, UTCC LLC issues FCO along with the performa invoice to the buyer.
- UTCC LLC invites Buyer for TTM to sign sales & Purchase contract followed by.
- Buyer will provide SBLC (Standby Letter of Credit) as a payment guarantee to the Seller from World’s Top 25 Banks.
- Before shipment gets clearance, UTCC LLC must receive full Pmt via MT103.
- Once Pmt is recd the product is immediately released at the port and the vessel sails as scheduled and as mentioned in the contract.