Cement Industry Investment and Development Company

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:
Present as the best cement deposit in the region and the Middle East and one of the pioneers in the cement industry in the global arena of supplying and distributing world class cement products with the most efficient management, technological and human capital capabilities. Maximizing the long-term and long-term profitability of the National Development Group’s investment company in the cement industry and creating sustainable value for stakeholders;

Managed Companies: Mazandaran Cement, North cement, Kerman Cement, Firoozkooh cement, Sarouj Bushehr Cement;

Covered companies: Cain Cain, Cement Mimezzan Kerman, Arta Ardabil Cement, Faraz Firuzkouh Cement, West cement, Darab cement, Cemetery of Qom;

Cement Industry Investment and Development Company its owned by designated Tose-E Melli Group Investment Company. Tose-E Melli Group Investment Company is owned by Iran Bank Melli;

Bank Melli is designated pursuant to E.O. 13224 for assisting in, sponsoring, or providing financial, material, or technological support for, or financial or other services to or in support of, the IRGC-QF, which was previously designated pursuant to E.O. 13224 on October 25, 2007;

Involved In:
Military Weapon Program

Also Known As:
Cement Industry Investment and Development Company
CIDCO
CIDCO Cement Holding

Established:
2004

Country:
Iran

Address:
-No. 241, Mirdamad Street, Tehran, Iran
-No 20, West Nahid Blvd.Vali Asr Ave. Tehran, 1967757451, Iran

Phone:
8-22024895-021

Website:
www.cidco.ir

E-mail:
info@cidco.ir

National ID:
10102593454

Registration number:
218006 / 1382/12/13

Person of interests:
Morteza Dadash
Abdolreza Sheikhan

Reason for the color:
» Added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on November 05, 2018 pursuant to E.O. 13224 for being owned or controlled by Bank Melli or one of Bank Melli’s subsidiaries;
» Listed by the European Union on July 26, 2010 as an entity linked to Iran’s proliferation-sensitive nuclear activities or Iran’s development of nuclear weapon delivery systems;
» Removed from the E.U. 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) on March 3, 2009, pursuant to Executive Order 13382, which targets proliferators of weapons of mass destruction (WMD) and their delivery systems;
» Removed from the SDN list in January 2016 as part of the Joint Comprehensive Plan of Action;


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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.