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:
Mobin Petrochemical Company (MPC) Is one of the hugest centralized utilities in the world. This modern and huge industrial plant located in first phase of especial economic area in south pars. It has five parts and it built in 88 hectares. The duties of the units are: produce and distribution of electrical power and steam power, produce and distribution of Oxygen, Nitrogen, Service air, instrument air, produce and distributing fresh water, unsalted water, service water, cooling water and fire fighting water;

MPC is the biggest centralized utility in Islamic Republic of Iran. It is one of the best experiences around the world which is accepted on 1379 SC in the National Petrochemical Company (NPC) under license of Technip Company from France;

Major Shareholders of the company is PGPIC that has 87 percents of Share and it has right to use it in market;

Main customer of MPC is first phase petrochemical companies such as PPC, BPC, ZPC, JPC, ASPC and etc. also giving utilities to some second phase companies such as Morvarid, Mehr and Kavian;

According to the base of engineering and specialist activities of MPC it needs up-to-date knowledges. By this aim, from the beginning of activity it has policy to have connections with international companies. Base on diversity of services and products it has more than 50 direct suppliers;

Mobin Petrochemical Company Supply: Farsachimie Company;

Mobin Petrochemical Company is client of Neka Novin (Entity Linked to the Atomic Energy Organization of Iran (AEOI);

Mobin Petrochemical Company is affiliated with Mapna Group (Entity owned and controlled by the Iran Regime). According to Mapna Group official website:
Contract type: EPC
Length: 31 months
Scope of project:
. Power plant with the capacity of 6x123MW
. Steam production unit with a capacity of 2000t/h
. GIS sub-station

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;

Industry:
Oil Industry

Involved In:
Nuclear Weapon Program

Also Known As:
Mobin Petrochemical
MPC

Country:
Iran

Address:
Southern Pars Special Economic Energy Zone, Assaluyeh, Bushehr, Iran
No. 50, DamanAfshar Alley, Vanak Square, ValiAsr Street, Tehran 19697-53111, Iran
P.O. Box 75391-418, Bushehr 1969753111, Iran; PO Box, Mashhad, Iran

Phone:
+98-773729-5000

Website:
www.mobinpc.net

E-mail:
mobinpc.net

Person of Interests:
Alireza Shamem – Chairman – (as a Representative for Petrochemical Industries Development Management Co)
Jamshed Sabzkar – Deputy Chairman – (as a Representative for Persian Gulf Petrochemical Industries Co)
Hamed Wafaei – Board Member – (as a Representative for Nouri Petrochemical co)
Hakeem Karami – Board Member – (as a Representative for Fajr Petrochemical Co)
Hamed Wafaei – Board Member – (as a Representative for Pazargad Non-industrial Opreastions Co)

Reason for the color:
» June 7, 2019 – Treasury Sanctions Iran’s Largest Petrochemical Holding Group and Vast Network of Subsidiaries and Sales Agents;
» U.S. imposes sanctions on Iran’s petrochemical industry;
» Removed from the SDN list in January 2016 as part of the Joint Comprehensive Plan of Action;
» Added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), pursuant to Executive Order 13599, which targets the government of Iran;


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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.