Gachsaran Polymer Industries

Designated by the U.S. Treasury pursuant to E.O. 13382 for being owned or controlled by Iranian Investment Petrochemical Group Company

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

The purpose of the construction of the Gachsaran Petrochemical Complex is to provide feed for the Bactrian Petrochemical Complex (located along the West-West Ethylene Pipeline) as well as Dena Dnieper Petrochemical Complexes, including the Mamasani Petrochemical Complex, Dehdasht, Boroujen and Kazeroun. In this way, the production of ethylene polymer grade in Gachsaran petrochemicals with an approximate length of 700 km is transmitted as a feed of the 4 petrochemicals of its subsidiary;

Designated by the U.S. Treasury pursuant to E.O. 13382 for being owned or controlled by Iranian Investment Petrochemical Group Company, itself being designated 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;

Iran Regime income from petrochemical companies uses to sponsor terrorist organizations, sponsor terrorist attacks around the world, develop nuclear weapons of mass destruction and build new missiles to threaten to destroy other countries;

Shareholders of Gachsaran Polymer Industries according to their official website are:
1. Mamassani Petrochemical Company – 22/32%
2. Kazeroon Petrochemical Company – 22/32
3. Dehdasht Petrochemical Company – 21/14
4. Broujen Petrochemical Company – 18/69
5. Iran Petrochemical Company – 10/65
7. Development Insurance Company – 2/19
8. Polymer Dehdasht Company – 0/00001

Oil Industry

Involved In:
Nuclear Weapon Program

Also Known As:
Gachsaran Petrochemical Company


Shahid Vahid Dastgerdi Street, Naseri St., Kian St. 11th Floor Unit 3, Tehran, Iran



Reason for the color:
» June 7, 2019 – Treasury Sanctions Iran’s Largest Petrochemical Holding Group and Vast Network of Subsidiaries and Sales Agents;