BetzDearborn OFAC Settlement: $45K (2003)

Last updated: July 20, 2026

BetzDearborn, Inc. on behalf of Hercules Canada settled a civil penalty of $45,000.00 for violations of the Cuban Assets Control Regulations involving the provision of services, travel-related transactions, and export of goods between 1999 and 2002. BetzDearborn voluntarily disclosed the violations.

Penalty Amount

$45,000.00

Enforcement Date

November 7, 2003

Rank in Top Penalties

#303

Case Details

Type:: Entity
Name:: BetzDearborn, Inc. on behalf of Hercules Canada
Country:: 🇺🇸 United States
Industry:: Chemicals
Address:: Trevose, PA 19053
Penalty amount:: $45,000.00
Egregious case:: Unknown
Voluntary self disclosure:: Yes
Case:: Settled
Violation period:: 1999 to 2002
Program:: Cuba
Enforcement date:: November 7, 2003

Official Source Documents

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Archived on June 13, 2026

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