On March 18, the U.S. Department of State imposed sanctions, pursuant to Executive Order (E.O.) 13846, on McFly Plastic for knowingly engaging in a significant transaction for the purchase, acquisition, sale, transport, or marketing of petrochemical products from Iran;
McFly Plastic provide revenue to the regime that it may use to fund terror and other destabilizing activities, such as the recent rocket attacks on Iraqi and Coalition forces located at Camp Taji in Iraq. U.S. sanctions will deprive the regime of critical income from its petrochemical industry and further Iran’s economic and diplomatic isolation. The United States will continue to fully enforce sanctions;
Also Known As:
McFly Plastic HK Limited
Plastics HK Co. Ltd.
Unit 605, 6 / F, Nanyang Plaza, 57 Hung To Rd., Hong Kong
Reason for the color:
» Added to the U.S. Department of State on March 18, 2020 – Sanctions on Entities Trading in or Transporting Iranian Petrochemicals;