Global Cement
The ultimate filtration fibre for cement plants - Evonik - Leading Beyond Chemistry
Online condition monitoring experts for proactive and predictive maintenance - DALOG
Extend the service life of your kiln with veneering. Expect the best. REFRATECHNIK
Your Particulate and Gaseous pollution abatement partner - Thermax
  • Home
  • News
  • Conferences
  • Magazine
  • Directory
  • Reports
  • Members
  • Live
  • Login
  • Advertise
  • Knowledge Base
  • Alternative Fuels
  • Services
  • Jobs
  • Privacy & Cookie Policy
  • About
  • Register
  • Trial subscription
  • Contact
News US Office of Foreign Assets Control settles over Iranian clinker deal

US Office of Foreign Assets Control settles over Iranian clinker deal

Written by Global Cement staff 15 December 2021
  • Print

Iran/US: The Office of Foreign Assets Control (OFAC) says it has reached a settlement of around US$133,000 with an unnamed US citizen for violating Iranian Transactions and Sanctions Regulations by accepting payment in connection with a clinker deal. OFAC says the individual received payment in the US of around US$133,00 on behalf of an Iran-based company selling Iranian-origin clinker to another company for a project in a third country. Whilst OFAC considered that the individual knew they were flouting the US-based regulations it did view the individual’s apparent minimal benefit from the activity as a mitigating factor. The individual had previously submitted a licence request to OFAC in connection to other transactions but this was denied.

Published in Global Cement News
Tagged under
  • Iran
  • US
  • Government
  • Sanctions
  • Fine
  • Office of Foreign Assets Control
  • Clinker
  • GCW536

Register for the Global Cement Weekly email newsletter

Global Cement Weekly is Global Cement’s weekly email newsletter. Keep up to date with cement industry news, analysis, diary dates and news of people in the sector.

Register >

Related items

  • Votorantim Cimentos grows sales as earnings are hit in first quarter of 2022
  • Buzzi Unicem’s sales grow by 17% to Euro800m in the first quarter of 2022
  • Namibian government shuts down production at Whale Rock Cement plant
  • Ethiopian government asks cement companies to sell products directly
  • ThyssenKrupp Industrial Solutions Vietnam signs agreement with Vietnam Institute of Building Materials on emissions reduction
back to top
“AI
“Loesche
“Airscape
We Move Industries - Heko Group - Conveyor Solutions
Original Services - We Move the World - Flender
System Solutions for the Construction Materials Industry - Schmersal - The DNA of Safety
“Register
Acquisition Cemex China CO2 concrete coronavirus Export France Germany Government grinding plant HeidelbergCement Holcim Import India Lafarge LafargeHolcim Mexico Nigeria Pakistan Plant Product Production Results Russia Sales Sustainability UK Upgrade US
« May 2022 »
Mon Tue Wed Thu Fri Sat Sun
            1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31          



Sign up for FREE to Global Cement Weekly
Global Cement LinkedIn
Global Cement Facebook
Global Cement Twitter
  • Home
  • News
  • Conferences
  • Magazine
  • Directory
  • Reports
  • Members
  • Live
  • Login
  • Advertise
  • Knowledge Base
  • Alternative Fuels
  • Services
  • Jobs
  • Privacy & Cookie Policy
  • About
  • Register
  • Trial subscription
  • Contact
  • Conferences & Webinars >>
  • Global Ash
  • Global CemBoards
  • Global CemCCUS
  • Global CemEnergy
  • Global CemFuels
  • Global CemPower
  • Global CemProcess
  • Global CemProducer
  • Global Cement Quality Control
  • Global CemTrans
  • Global Concrete
  • Global FutureCem
  • Global Gypsum
  • Global GypSupply
  • Global Insulation
  • Global Slag
  • Global Synthetic Gypsum
  • Global Well Cem
  • African Cement
  • Asian Cement
  • American Cement
  • European Cement
  • Middle Eastern Cement
  • Magazine >>
  • Latest issue
  • Articles
  • Editorial programme
  • Contributors
  • Link
  • Awards
  • Back issues
  • Subscribe
  • Photography
  • Register for free copies
  • The Last Word
  • Websites >>
  • Global Gypsum
  • Global Slag
  • Global CemFuels
  • Global Concrete
  • Global Insulation
  • Pro Global Media
  • PRoIDS Online
  • Social >>
  • LinkedIn
  • Facebook
  • Twitter

© 2022 Pro Global Media Ltd. All rights reserved.