Info:
PGPICC, established in 2015, is a young petrochemical commercial company which benefits from oil and gas industry experts.Sales and marketing of petrochemical products of Persian Gulf Petrochemical Industries Company (the second large petrochemical holding company in Middle-East) subsidiaries, forms the core business activities of PGPICC;
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;
PGPICC Associates according to their official website:
Arvand
Bandar Imam
Buali Sina
Pars
Nouri
Khouzestan
Tondgouyan
Arya Sasol
Karoon
Mehr
Ilam
Affiliated with:
National Petrochemical Company
Iran Ministry of Petroleum
Persian Gulf Petrochemical Industries Company
National Iranian Oil Company
Iran mercantile EXchange
Industry:
Oil Industry
Involved In:
Nuclear Weapon Program
Persian Gulf Petrochemical Industry Commercial Co.
Also Known As:
Persian Gulf Petrochemical Industry Commercial Company
Persian Gulf Petrochemical Industry Commercial Co.
Persian Gulf Petrochemical Industries Commercial Company
Persian Gulf Petrochemical Industry Commercial
Persian Gulf Petrochemical Industry-Commercial Company
PGPICC
Country:
Iran
Address:
No. 38, Karimkhan Zand Boulevard, Haft Tir Square, Tehran 158489331, Iran
P.O. Box 1584851181, Tehran, Iran
Website:
www.pgpicc.com
E-mail:
info@pgpicc.com
Reason for the color:
» June 7, 2019 – Treasury Sanctions Iran’s Largest Petrochemical Holding Group and Vast Network of Subsidiaries and Sales Agents;