As companies in the chemical industry expand overseas, their ability to succeed depends in part on whether they have obtained licenses required to export their goods, equipment, and technology to customers, subsidiaries, and joint ventures. The U.S. Department of Commerce and the U.S. Department of State administer regulations that prohibit the export of numerous chemicals and related products, equipment and technology unless the exporter first obtains a government license. These regulations also restrict the technology a company can share with its non-U.S. national scientists, engineers, and other personnel. Failure to plan for these issues can result in substantial penalties that erode anticipated revenues. The government can even suspend the right to export altogether. In addition, when a U.S. company acquires a chemical company, the buyer cannot accurately value the assets for sale without knowing whether the seller has complied with chemical export control requirements.In this 90-minute webinar, Corey L. Norton of Keller and Heckman LLP will cover the export control due diligence that is required in the daily operations of chemical industry companies as well as the appropriate export control due diligence for buying a chemical company. The webinar is designed to help management and other compliance personnel identify:
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Corey L. Norton, Keller and Heckman LLP