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

Status:
Top Alert – Entity designated / sanctioned for terror, WMD and human rights violation

Info:
Gubretas, full name Gubre Fabrikalari TAS, is a Turkish chemical fertilizer company, and describes itself as “one of the biggest industrial corporations in Turkey.” In addition to manufacturing and trading all types of fertilizer, it also provides port service to assist in their transportation and export;

According to the GÜBRETAŞ webpage, GÜBRETAŞ also has a big fertilizer production complex in Iran, with rich natural gas resources. Ammonia, urea and phosphoric acid can be produced in the facilities of this complex;

As of October 2019, Gubretras remains on the Pennsylvania Treasury’s List of Scrutinized Companies Determined as Having Involvement In Iran because of oil-related investment of US $20 million since 1996;

Gübretaş subsidiary RaIntrade Petrochemical Co. (“RaIntrade”)3 – whose “core business segments” are “[a]mmonia, fertilizers, [and] petrochemicals” – apparently trades Iranian-origin petrochemical products, notably from the Razi Petrochemical Complex at the Iranian port of Bandar Imam Khomeini. LPG Tanker GAS CAT (IMO: 8818843) recently transported sanctioned petrochemical products apparently supplied by RaIntrade from the Razi Petrochemical Complex arriving at Port of Dahej, India on January 27, 2019… According to the RaIntrade Website, RaIntrade is the “exclusive global marketer of Razi Petrochemical Co. Products.” Moreover, Razi Petrochemical Co. is itself a subsidiary of Gübretaş, according to the 2015 Annual Report of RaIntrade’s ultimate parent, Gübretaş;

Industry:
Agriculture, Chemicals

Country:
Turkey

Website:
www.gubretas.com.tr

E-mail:
info@gubretas.com.tr

Reason for the color:
» In 2017 the U.S. state of Minnesota listed Iran on its restricted companies list rendering Gubretas ineligible for investment and/or state contracting;
» In 2017 the U.S. state of Pennsylvania listed Iran on its restricted companies list rendering Gubretas ineligible for investment and/or state contracting;
» In 2017 the U.S. state of Mississippi listed Iran on its restricted companies list rendering Gubretas ineligible for investment and/or state contracting;
» In 2017 the U.S. state of Rhode Island listed Iran on its restricted companies list rendering Gubretas ineligible for investment and/or state contracting;
» In 2017 the U.S. state of South Carolina listed Iran on its restricted companies list rendering Gubretas ineligible for investment and/or state contracting;
» In 2017 the U.S. state of Tennessee listed Iran on its restricted companies list rendering Gubretas ineligible for investment and/or state contracting;


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IFMAT Color Guide

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We sort entities who are connected with terrorist activities, in two sections, first by risk and second by geolocation.
GeoLocation divisions are divided into two fields, Black List and Gray List.
BlackList is a list of all companies, organizations and figures who originate from Iran.
GrayList is a list of all companies, organizations and figures out of Iranian borders, and doing business with Iran.
We identify risk of entities by COLOR selection, each color marks the risk level of the entity.(by declining order)
 
TOP ALERT
Designated / Sanctioned / Illicit entities
 
HIGH ALERT
Entities affiliated with Designated / Sanctioned / Illicit entities.
 
MEDIUM ALERT
Entities sanctioned in the past for Terror or Illicit activities / WMD related / Human rights violations.
 
RISK ALERT
Entities in a problematic sector - Sector controlled by the Top Alert entities.
 
GENERAL ALERT
Legitimate entities - we cannot determine whether an entity is completely green, and that is due to the facts that the Iranian economy is not transparent enough for us. Be sure.