Ghaed Bassir Petrochemical Company

Also Known As: 

Ghaed Bassir Petrochemical Products Company
Qa'ed Basir Petrochemical Company
Qa'ed Petrochemical Company of Golpayegan - QPCG
Qa'ed Petrochemical Complex
Ghaed Bassir Petrochemical
Ghaed Basir Petrochemical Co.
Ghaed Bassir Petrochemical Products Co.
Ghaed Bassir
GBPC
Ghaed Basir Co.
Ghaed Bassir Petrochemical Products

Weapon Program: 

  • Missile

Address: 

- No. 8, 25 Alley, Gandi St., Tehran, Iran 
- Golpayegan-Khomein Road, Kilometer 10, Iran
- No. 8, 25th Street, Gandi Ave., 15179 Tehran, Iran

Phone: 

+98 21 8790111, +98 21 8795251, +98 21 8793853

Fax: 

+98 21 8799392

E-Mail: 

gbpc@gbpc.net
info@gbpc.net

Entity Web Site: 

www.gbpc.net

Produces ABS (Acrylonitrile Butadiene Styrene) and SAN (Styrene Acrylonitrile Copolymer) resins for use in electronics, automobile parts, and consumer goods; managing director is reportedly Sanegheh Hassan; clients include Farab Co., Sabir Co., and Sepasad Co.

Founded with investment by the 15th of Khordad Foundation; established in 1998.

Sanctions

As part of the re-imposition of U.S. sanctions on Iran, added on November 5, 2018 to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC), freezing its assets under U.S. jurisdiction and prohibiting transactions with U.S. parties, pursuant to Executive Order 13599, which targets entities controlled by the Government of Iran and Iranian financial institutions; foreign parties facilitating transactions for the entity or otherwise assisting the entity are subject to U.S. sanctions.

Previously added to the SDN list on June 4, 2013, pursuant to Executive Order 13382, which targets proliferators of weapons of mass destruction and their delivery systems; removed from the SDN list in January 2016 as part of the Joint Comprehensive Plan of Action, but identified as a part of the Government of Iran, prohibiting transactions with U.S. parties.

Date Entered: 

June 30, 2008

Date Last Modified: 

December 10, 2018