Info:
Karoun Petrochemical Company is the first producer of isocyanates in the Middle East which Company’s main product is 40,000 Ton/year of Toluene Diisocyanate (TDI) and Methylene Diphenyl Diisocyanate (MDI);
Designated by the U.S. Treasury pursuant E.O. 13382 for being owned or controlled by PGPIC on June 07, 2019;
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);
PGPIC, has awarded major engineering, procurement, and construction contracts to the IRGC’s Khatam al-Anbiya, generating hundreds of millions of dollars for an IRGC economic conglomerate that stretches across Iran’s major industries;
Income from this entity, Iran Regime uses to sponsor terrorist organizations like IRGC, Hezbollah, Hamas, sponsor terrorist attacks around the world, develop weapons of mass destruction and build new missiles to threaten to destroy other countries;
Involved In:
Oil Industry
Also Known As:
Aroon Petrochemical
Karoon Petrochemical Co.
KRNPC
Karun Petrochemical Company
Karoun Petrochemical Company
Country:
Iran
Address:
No 17, Shahid Khalilzadeh Ally, Vanak Square, Valiasr Street, Tehran 1965754351, Iran
Block 6, Petrochemical Zone Site 2, Special Economic Zone, Imam Khomeini Port, Mahshahr, Tehran 1965754351, Iran
Site 2, Central Office Address, Special Industrial Zone, Mahshahr, Khuzestan, Iran
Site 2, Karoon Petrochemical Complex 6358159385, Iran; P.O. Box 1969754351, Tehran, Iran
Phone:
98 61 5212 2750
Website:
www.krnpc.com
E-mail:
info@krnpc.com
Reason for the color:
» June 7, 2019 – Treasury Sanctions Iran’s Largest Petrochemical Holding Group and Vast Network of Subsidiaries and Sales Agents;