Urmia Petrochemical Company

Designated by the U.S. Treasury pursuant E.O. 13382 for being owned or controlled by PGPIC on June 07, 2019

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:
Urmia petrochemical company (UPC) is located some 30 kilometers southwest of Urmia city and in the vicinity of the road connecting Urmia to mahabad. The complex has been built in a 220 hectares land of which 50 hectares is allocated for the industrial division and 170 hectares for waste water ponds and green space.National petrochemical company (NPC) owns the whole 220 hectare state. Urea, ammonia and sulphuric acid are the raw materials (feedstock) for the complex and the required raw water is supplied from two wells;

Designated by the U.S. Treasury pursuant E.O. 13382 for being owned or controlled by PGPIC on June 07, 2019;

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) took action against Iran’s largest and most profitable petrochemical holding group, Persian Gulf Petrochemical Industries Company (PGPIC), for providing financial support to Khatam al-Anbiya Construction Headquarters (Khatam al-Anbiya), the engineering conglomerate of the Islamic Revolutionary Guard Corps (IRGC);

PGPIC, has awarded major engineering, procurement, and construction contracts to the IRGC’s Khatam al-Anbiya, generating hundreds of millions of dollars for an IRGC economic conglomerate that stretches across Iran’s major industries;

Iran Regime uses income from petrochemical companies to sponsor terrorist organizations, sponsor terrorist attacks around the world, develop nuclear weapons of mass destruction and build new missiles to threaten to destroy other countries;

Shareholders of Urmia Petrochemical Company according to their official website:
1. Iranian Investment Group Petrochemical Compant – 55%
2. Petrochemical Commercial Company – 27.6%
3. Planting stock Company Edalat – 16.9%
4. Design and engineering Company
5. Commudity Co. Iranian market
6. Iranian Farasahel Company
7. Modaberan Economy Company
8. Mehr Avaran Koye Narvan Company
9. Petro Downstream Industries Company
10. Lordeghan Urea Fertilizer Company

Industry:
Oil Industry

Involved In:
Nuclear Weapon Program

Also Known As:
UPC

Country:
Iran

Address:
30 km Urmia-Mahabad Highway

Website:
www.urpcc.ir

E-mail:
info@urpcc.ir
urmia.petrochemical@gmail.com

Reason for the color:
» June 7, 2019 – Treasury Sanctions Iran’s Largest Petrochemical Holding Group and Vast Network of Subsidiaries and Sales Agents;