Hong Kong Aeonian

Since 2021, Hong Kong-based Hong Kong Aeonian Complex Co., Limited (Hong Kong Aeonian) has purchased thousands of metric tons of petrochemicals worth millions of dollars from PGPICC

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:
Since 2021, Hong Kong-based Hong Kong Aeonian Complex Co., Limited (Hong Kong Aeonian) has purchased thousands of metric tons of petrochemicals worth millions of dollars from PGPICC. Hong Kong Aeonian paid PGPICC via front companies, such as Hong Kong-based Torgan Co., Limited (Torgan), to obscure PGPICC’s role in these transactions. Since early 2022, Torgan has received payments on behalf of PGPICC for its petrochemicals sales to foreign customers;

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);

On November 17, 2022, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned 13 companies in multiple jurisdictions facilitating the sale of hundreds of millions of dollars’ worth of Iranian petrochemicals and petroleum products to buyers in East Asia on behalf of sanctioned Iranian petrochemical brokers Persian Gulf Petrochemical Industry Commercial Co. (PGPICC) and Triliance Petrochemical Co. Ltd. (Triliance), as well as the National Iranian Oil Company (NIOC) and its marketing arm, Naftiran Intertrade Company Ltd. (NICO).

Industry:
Oil Industry

Also Known As:
Hong Kong Aeonian Complex Co., Limited

Organization Established Date:
27 Apr 2020

Country:
China

Address:
Room 1002, No. 715 Hengkai Building, Changxing Road, Jiangbei District, Ningbo, Hong Kong, China

C.R. No.:
2936467 (Hong Kong)

Business Registration Number:
71809722-000 (Hong Kong)

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 November 17, 2022 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, PGPICC;