PRC-based Zhejiang Wonder Imp. and Exp. Co., Ltd. has similarly purchased petrochemicals from PGPICC and remitted payment via a PGPICC front company;
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).
Also Known As:
Zhejiang Wonder Imp. and Exp. Co., Ltd.
ZHEJIANG WENDE IMPORT AND EXPORT CO., LTD.
ZHEJIANG WONDER IMPORT AND EXPORT COMPANY LIMITED
Organization Established Date:
25 Nov 2008
Floor 26, Building 1, Shuangcheng International, No. 1785, Jianghan Road, Binjiang District, Hangzhou, Zhejiang 310052, China
Room 9-318A, Xingnong Building, Hangzhou Free Trade Zone, Hangzou 310052, China
2905960 (Hong Kong)
Unified Social Credit Code (USCC):
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;