Your compliance desk will ask before your procurement team does. Here is the counterparty, the ownership, the documentation and the duty position, in the form your screening process expects.
You are not the first procurement team to stop at the word Venezuela. It is a fair place to stop. But the question underneath it is narrower than it looks, and it has a specific answer.
Refined lead is not a restricted commodity. The measures that apply to Venezuela are built around named persons and specific sectors, and the work in front of your compliance desk is ordinary counterparty screening: who is the entity, who owns it, where does the money go, who carries the cargo.
This page exists so that work takes an afternoon instead of a quarter. Everything below is what we hand over before you ask, plus the documentation set that travels with each container.
One company, one facility, one set of owners. There is no holding chain to unpick and no intermediary standing between you and the furnace.
Incorporated on 2 April 1970 at the Registro Mercantil of Carabobo, entry No. 40, Book 76. Tax registration RIF J-07505902-6. The same entity that signs the contract is the entity that operates the plant.
Family-owned since incorporation, with no state participation of any kind, direct or indirect. Beneficial owners are named and identified in the KYC pack so you can screen them yourself.
No commercial or ownership relationship with PDVSA, Minerven or any Venezuelan state entity. We do not source from them, sell to them, or transact through them.
A single facility in Mariara, Carabobo, on 30,850 m² of owned land, running since 1970. Come and see it. Auditors are welcome.
Sector and person specific, and consistently so. Reading them as a blanket embargo is the single most common error we see on the buyer side.
The US programmes directed at Venezuela address the Government of Venezuela, PDVSA, Minerven and the gold sector, together with persons designated on the SDN list. EU and UK measures follow a comparable person-and-sector logic.
There is no general prohibition on commercial trade with Venezuelan private companies, and refined lead, lead alloys and recycled polypropylene are not listed commodities under any of those programmes.
Neither this company nor its owners appear on any designation list. What is left is the counterparty check your desk runs on any new supplier, with the file already assembled.
This is a description, not advice. What you are reading is a statement of our corporate status and a plain-language summary of publicly available trade measures. It is not legal advice and it does not replace your own screening. Designations and duty rates change. Verify both against primary sources and your own counsel before you contract.
Nine documents, one email, no back and forth. Ask for it at the first call and your compliance desk can start while commercial terms are still being discussed.
We accept screening by your bank or by a third-party provider, and we run the same checks in the other direction. Every buyer, agent and shipping counterparty on our side goes through the same file before a container moves.
Two things to settle with your customs broker before you model landed cost. We would rather you find them here than after our quote.
Refined lead ingots, lead alloys and recycled polypropylene each fall under different headings, and the ordinary duty follows the heading rather than the origin. Have your broker fix the classification before you price the deal.
The United States applied a Section 301 action to goods originating in a group of economies, Venezuela among them, over national enforcement of forced-labour import prohibitions. It is a country-level measure addressed to a national legal regime, not a finding about any individual exporter. Ask your broker to confirm the current rate and any applicable exclusion.
Entries into the Caribbean, Latin America, the European Union and Asia are outside that action. For buyers in those markets the duty position is the ordinary one for the heading, and our proximity to the Atlantic lanes does the rest.
We sell FOB Puerto Cabello, so you control the entry: the import declaration, the classification and the duty are yours. A Certificate of Origin ships with every consignment, along with whatever supporting documentation your broker asks for.
There is no general prohibition on commercial trade with Venezuelan private companies, and refined lead is not a restricted commodity under the US, EU or UK programmes directed at Venezuela. Those programmes are built around named persons and specific sectors, principally the Government of Venezuela, PDVSA, Minerven and gold. What your compliance desk needs to establish is the counterparty, not the commodity. Run your own screening against current lists and confirm with your counsel.
No. FUNMETAL C.A. is a privately held company, family-owned since it was incorporated on 2 April 1970. There is no state participation, direct or indirect, and no commercial or ownership relationship with PDVSA, Minerven or any Venezuelan state entity.
No. Neither FUNMETAL C.A. nor its beneficial owners are designated under any US, EU or UK sanctions programme. We provide full identification of the beneficial owners so you can verify that yourself against the OFAC SDN list, the EU Consolidated list and the UK sanctions list rather than take our word for it.
Certificate of incorporation and statutes, tax registration, a beneficial ownership declaration with owner identification, board resolution and signing authority, ISO 9001:2015 and ISO 14001:2015 certificates, banking details with a bank reference letter, export and customs registration, and trade references from current buyers. We will also complete your own KYC questionnaire and sign your sanctions and anti-corruption representations.
Banking details and a reference letter from our commercial bank go into the KYC pack before any order, so your treasury team can clear the route early. Correspondent banks apply their own internal policies on top of the legal position, which is why we put the paperwork in front of you first rather than last.
Yes. On 24 July 2026 the United States applied a Section 301 action to goods originating in a group of economies, Venezuela among them, over national enforcement of forced-labour import prohibitions. It is a country-level measure addressed to a national legal regime, not a finding about any individual exporter. Ordinary MFN duty follows the HTS heading of the product. Ask your customs broker to confirm the current rate and classification before you fix a price. Entries into the Caribbean, Latin America, the European Union and Asia are not affected by that action.
FUNMETAL C.A. is the exporter of record and handles every Venezuelan export customs procedure. Import clearance at destination is handled by you or your broker, and we supply the documentation set in advance so nothing stalls at the border.
Yes. Qualified buyers, brokers and their auditors are welcome at the Mariara plant. Most compliance questions answer themselves once someone has walked the site, seen the furnaces running and met the people who own the company.
Ask for the KYC pack and we will have it with you the same working day. If your team would rather see the operation than read about it, the plant is open to qualified visitors.