Kavian Petrochemical Company
Kavian Petrochemical Company (entity) is on the Specially Designated Nationals (SDN) list of the U.S. Treasury Office of Foreign Assets Control (OFAC). Program: IRAN-EO13846. Addresses on file in: Iran. Its property under U.S. jurisdiction is blocked and U.S. persons are generally prohibited from dealing with it.
Iran has 981 entities, vessels or aircraft with an address on the SDN list, ranking #2 among all countries. Other sanctioned entities with an address in Tehran are listed below.
Sanctions program
Iran: reimposed sanctions (Executive Order 13846) IRAN-EO13846
August 2018 order that reimposed sanctions on Iran after the U.S. left the nuclear deal, including those related to petroleum, shipping, automotive and precious metals.
Also known as
- KAVIAN PETROCHEMICAL PRIVATE JOINT STOCK COMPANY · aka
- KAVIAN PETROCHEMICAL CORPORATION · aka
- KAVIAN PETROCHEMICAL CO. · aka
- KAVIAN PETROCHEMICAL COMMERCIAL · aka
- KAVIAN PETROCHEMICAL · aka
Addresses on file
- Fatemi Street West Corner Khazan Alley, Plaque 2, Tehran, Iran
- Petro Kavian, Asalouye, Bushehr 7539175146, Iran
- Pars Special Energy Economic Zone, Kavian Petrochemical Complex, Asalouyeh, Iran
- North Kargar Street, Plaque 310, Fourth Floor, Tehran, Iran
- West Fatemi Street, Corner of Khazan Alley, Number 2, Tehran, Iran
- Ashrafi Esfahani Highway, Fourth Road Punak, Falahzadeh Boulevard, Plaque 40, Floor 5, Tehran, Iran
- 4th Floor No. 310, North Kargar Ave., Shahid Fatemi Cross Upsards, Tehran, Iran
- Kavian Petrochemical Co., PSEEZ, Asaluyeh, Iran
OFAC remarks
Website www.petrokavian.com; Additional Sanctions Information - Subject to Secondary Sanctions; Executive Order 13846 information: LOANS FROM UNITED STATES FINANCIAL INSTITUTIONS. Sec. 5(a)(i); alt. Executive Order 13846 information: FOREIGN EXCHANGE. Sec. 5(a)(ii); alt. Executive Order 13846 information: BANKING TRANSACTIONS. Sec. 5(a)(iii); alt. Executive Order 13846 information: BLOCKING PROPERTY AND INTERESTS IN PROPERTY. Sec. 5(a)(iv); alt. Executive Order 13846 information: BAN ON INVESTMENT IN EQUITY OR DEBT OF SANCTIONED PERSON. Sec. 5(a)(v); alt. Executive Order 13846 information: IMPORT SANCTIONS. Sec. 5(a)(vi); alt. Executive Order 13846 information: SANCTIONS ON PRINCIPAL EXECUTIVE OFFICERS. Sec. 5(a)(vii); National ID No. 10102953996 (Iran); Registration Number 255100 (Iran).
Other sanctioned entities in Tehran
- Bank Markazi Jomhouri Islami Iran · Entity · IRAN, SDGT, IRGC, IFSR
- Bank Maskan · Entity · IRAN, IRAN-EO13902
- Bank Refah Kargaran · Entity · IRAN, IRAN-EO13902
- Korea Mining Development Trading Corporation · Entity · NPWMD, DPRK2
- Aerospace Industries Organization · Entity · NPWMD, IFSR, IRAN-CON-ARMS-EO
- Shahid Hemmat Industrial Group · Entity · NPWMD, IFSR
- Shahid Bakeri Industrial Group · Entity · NPWMD, IFSR
- Sanam Industrial Group · Entity · NPWMD, IFSR
Sharing a city does not imply any link between these entities.
Frequently asked questions
What does it mean that Kavian Petrochemical Company is on the SDN list?
It means that its property and interests in property under U.S. jurisdiction are blocked and U.S. persons are generally prohibited from dealing with this entity. Entities it owns 50% or more of, directly or indirectly, are also considered blocked.
Can a non-U.S. company do business with Kavian Petrochemical Company?
OFAC sanctions bind U.S. persons and companies, as well as transactions that pass through the U.S. financial system (for example, U.S. dollar payments). Some programs, such as those for Russia and Iran, include secondary sanctions on non-U.S. persons. Seek advice before transacting.
How does an entity get removed from the SDN list?
A sanctioned party can petition OFAC for removal by showing a change in circumstances. OFAC publishes removals on its website; DataCloud USA updates the list daily and marks the profiles of delisted parties.
More context: how to check if a company is debarred or sanctioned.