Simorgh Petrochemical Company

ifmat-blackcompanies

OFAC is adding Simorgh Petrochemical Company, a fully owned subsidiary of AKPC, to the List of Specially Designated Nationals and Blocked Persons (“SDN List”).

Country:

Iran  

Status:Top Alert – Entity designated / sanctioned for terror, WMD and human rights violation

Risk Level:99%

May harm your business future. Persons or entities that engage in transactions with this entity will be exposed to sanctions or subject to an enforcement action.

Working with this entity means supporting Iranian Regime, Regime Terrorist Activities & development of WMD

Info:
OFAC is adding Simorgh Petrochemical Company, a fully owned subsidiary of AKPC, to the List of Specially Designated Nationals and Blocked Persons (“SDN List”);

OFAC designated Iranian petrochemical producer Amir Kabir Petrochemical Company (AKPC), a major polyethylene producer. Triliance has purchased millions of dollars’ worth of low density polyethylene (LDPE) produced by AKPC for shipment to buyers in the People’s Republic of China (PRC).

OFAC is designating AKPC pursuant to E.O. 13846 for, on or after November 5, 2018, having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, Triliance. OFAC is adding Simorgh Petrochemical Company to the SDN List for being owned in the aggregate, directly or indirectly, 50 percent or more by AKPC.

Also Known As:
MAHSHAHR SIMORGH PETROCHEMICAL COMPANY
(Arabic: شرکت پتروشیمی سیمرغ ماهشهر)

Involved In:
Military Weapon Program

Established:
14 Mar 2010

Country:
Iran

Address:
Lower Level 1, No. 21, 23 Shahid Ahmad Nasifi Street, Sa’adat Abad Street, Neighborhood Dariya, Tehran, Tehran Province, Iran

National ID No.:
10320204241 (Iran)

Business Registration Number:
369795 (Iran)

Reason for the color:
» Added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on February 9, 2023 pursuant to Executive Order 13846 for, on or after November 5, 2018, having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, Triliance;