Rahavaran Fonoon Petrochemical

Designated by the U.S. Treasury pursuant E.O. 13382 for being owned or controlled by PGPIC on June 07, 2019

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

Rahavaran Fonoon Petrochemical Co. Established in 1998 in site 3 of the Special Economic Zone of Mahshahr – Iran. One of the subsidiaries of National Petrochemical Co. & Persian Gulf Petrochemical industries Co.– Iran;

Rahavaran Fonoon Petrochemical Company (RFPC) was established in 1998 in order to achieve goals and policies of National Petrochemical Industries Company based on development of training activities to improve employees’ knowledge and to train new recruits. According to the agreement and consortium formation from German companies (GIZ – ABB), supervised by National Petrochemical Industries Company, to achieve the goal of qualitative and quantities improvement of training employees, this company purchased and installed the newest training equipments. Moreover, to start up and utilize workshops, instructors were trained in abroad centers simultaneously;

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;

Oil Industry

Involved In:
Nuclear Weapon Program

Also Known As:
Rahavaran Fonoon Petrochemical Company


Site 3, Economic Special Zone, Bandar-e Emam Khomeyni, Bandar Mahshar, Khuzestan Province 6356178755, Iran
Floor 7, Bldg No. 46, First of Karim Khan Zand St., & Tir Square, Tehran, Iran
Petrochemical Complex, Pars Special Economic Zone, Assaluye, Bushehr Province, Iran



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