Info:
Iranian petrochemical firm Arya Sasol Polymer hold a substantial presence in the Iranian petrochemicals market. Since 2019, Triliance has brokered sales of petrochemicals valued at several million dollars from Arya Sasol. As a customer of Arya Sasol, Singapore-based Jiaxiang Energy Holding PTE. LTD (Jiaxiang Energy), has purchased the equivalent of millions of dollars in petrochemicals from Arya Sasol, sales which were brokered by Triliance;
Arya Sasol Polymer has used multiple Chinese companies to enable and hide the sale and purchase of Iranian petrochemical products;
Since 2019, Arya Sasol has used Binrin Limited (Binrin) to collect the proceeds of its foreign petrochemical sales, while Elfo Energy Holding Limited (Elfo Energy), Glory Advanced Limited (Glory Advanced), Jane Shang Co. Limited (Jane Shang), and Sibshur Limited (Sibshur) have been used by Triliance to help settle, process, and transfer millions of dollars in proceeds from petrochemical product sales;
Arya Sasol Polymer is being designated, pursuant to E.O. 13846, for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, Triliance. In January 2020, OFAC sanctioned Triliance and three other petrochemical and petroleum companies that collectively transferred the equivalent of hundreds of millions of dollars’ worth of exports from the National Iranian Oil Company (NIOC), which provides financial support or services to Iran’s Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF) and its terrorist proxies;
Iran’s petroleum and petrochemical industries are major sources of revenue for the Iranian regime and fund its malign activities throughout the Middle East. Triliance has used, and continues to use, various front companies to purchase, or facilitate the purchase and movement of, petrochemical products from Iran to foreign buyers, and some of the entities targeted today help facilitate Iran’s petrochemical and petroleum exports in contravention of U.S. economic sanctions;
Foreign financial institutions that knowingly facilitate significant transactions for, or persons that provide material or certain other support to, the Arya Sasol Polymer, risk exposure to sanctions that could sever their access to the U.S. financial system or block their property and interests in property under U.S. jurisdiction;
“The Iranian regime benefits from a global network of entities facilitating the Iranian petrochemical sector,” said Secretary Steven T. Mnuchin. “The United States remains committed to targeting any revenue source the Iranian regime uses to fund terrorist groups and oppress the Iranian people.”;
SPI International Proprietary ARE partners with Arya Sasol Polymer Company. On March 18, the U.S. Department of State imposed sanctions, pursuant to Executive Order (E.O.) 13846, on SPI International Proprietary for knowingly engaging in a significant transaction for the purchase, acquisition, sale, transport, or marketing of petrochemical products from Iran;
“Sasol Ltd. (SOL), the world’s biggest coal-to-gasoline producer, sold its stake in an Iranian unit after writing down the value of the business. Sasol sold its 50 percent stake in Arya Sasol Polymer Co. to Main Street 1095 (Pty) Ltd., a South African subsidiary of an Iranian investor, the Johannesburg-based company said today in a statement, without disclosing a price.” – (Bloomberg, “Sasol Sells Stake in Arya Iranian Polymer Unit to Main Street,” 8/19/13);
Also Known As:
Arya Sasol Polymer Company
Arya Sasol Polymer Co.
Arya Sasol Polymers
AryaSasol Polymer
AryaSasol Polymers
Polimer Arya Saasool
Polymer Aria Sasol Company
ASPC
Country:
Iran
Address:
Qian Tower, No 2551, Vali-e-Asr Avenue, Naseri Street, P.O. Box: 15875-8393, Tehran 1968643111, Iran
Pars Energy Specific Economic Zone, Lenj Square, Kangan, Assaluyeh, Bushehr Province 7511811365, Iran
No. 114, 10th Street, Qaem Maqame Farahani Street, Tehran, Iran
7th Floor, Kian Tower, No. 2551, Naseri St., Vali-e-Asr Ave, Tehran, Iran
Nakhl Taghi City, Nakhl Taghi Road, Kolmeter 15, Number 0, Ground Floor Kangan, Bushehr 7511811365, Iran
Phase 1 Petrochemical, Special Petrochemical Zone Assaluyeh, Tehran, Iran
Website:
www.aryasasol.com
E-mail:
info@aryasasol.com
National ID No.:
10320053498 (Iran)
Registration Number:
777 (Iran)
Person of interests:
Amir Hossein Bahreini – CEO