Exportfolio News and Events
10/12/2008
Chemical Maker Nalco Settles Export Violations Charges

Oct. 6, 2008 -- Chemical manufacturer Nalco Co. has agreed to pay a $115,000 civil penalty to settle allegations that it made 13 unlicensed exports in violation of the Export Administration Regulations, the Bureau of Industry and Security (BIS) announced Oct. 3.

The allegations involved exports of items containing triethanolamine (TEA) to Angola, the Bahamas and the Dominican Republic between April 2003 and September 2006. According to the BIS, TEA can be used as a precursor for toxic agents and is controlled for chemical/biological, anti-terrorism and chemical weapons reasons.

Nalco voluntarily self-disclosed the exports to the BIS

 

 

Compiled By Jill Jusko

 

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