Abels Decker

In 2019, the U.S. state of Mississippi listed ADKL on its state lists of Companies Doing Business with the Iranian Petroleum/Natural Gas, Nuclear and Military Sectors

Country:

Germany  

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:
In 2019, the U.S. state of Mississippi listed ADKL on its state lists of Companies Doing Business with the Iranian Petroleum/Natural Gas, Nuclear and Military Sectors, rendering ADKL ineligible for investment and/or state contracting;

“Iran on Thursday awarded a major contract to a German company over the development of a petrochemical project in the country’s southwestern city of Masjed Soleyman. The contract has been awarded to Abels Decker Kuhfuß Lenzen (ADKL) and has an initial value of €2 billion which will be increased to as high as €10 billion in the future. Accordingly, the ADKL will cooperate with Masjed Soleyman Petrochemical Industries Company over providing the funds, transferring the technology and implementing contracts for the project within the framework of engineering, procurement, construction and finance (EPCF). The deal was signed during the visit to Iran by Garrelt Duin, the state minister for economic affairs and energy of Germany’s Nordrhein-Westfalen State. Yousef Davoodi, the managing director of Masjed Soleyman Petrochemical Industries Company, told reporters after signing the contract with ADKL that his company is interested in working with European enterprises. Davoodi also expressed hope that this would be the start of a mutually beneficial cooperation with ADKL. Also, ADKL’s Bernd Lenzen told reporters that €2 billion will be invested in the first phase of a petrochemical project in Masjed Soleyman. Lenzen added that this will be increased to €10 billion in further phases. Masjed Soleyman Petrochemical Industries Company says on its website that a petrochemical project – that it plans to develop in northern parts of Khouzestan province – will produce urea and ammonia as its key products. The daily production target of each in the first phase will be 3,250 tons of urea, 2,050 tons of ammonia.” (The Iran Project, “Iran awards major petchem deal to Germany’s ADKL,” 5/26/2016)

Industry:
Conglomerate

Also Known As:
Abels Decker Kuhfuß Lenzen (ADKL)

Country:
Germany

Address:
Breite Straße 29–31 40213 Düsseldorf, Germany

Phone:
+49 211 47838-0

Website:
www.adkl-msi.de

E-mail:
adkl@adkl-msi.de

Reason for the color:
» In 2019, the U.S. state of Mississippi listed Amona on their state lists of Companies Doing Business with the Iranian Petroleum/Natural Gas, Nuclear and Military Sectors, rendering Amona ineligible for investment and/or state contracting;