Involved in the procurement of high-strength carbon fiber for Iran’s nuclear program.

Produces and distributes carbon fiber, chopped strand, composite rebar, carbon powder, glass fiber, aramid fiber, and resins.

Established in 2011.

Sanctions

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 August 29, 2014, freezing its assets under U.S. jurisdiction and prohibiting transactions with U.S. parties, pursuant to Executive Order 13382, which targets proliferators of weapons of mass destruction (WMD) and their delivery systems; foreign parties facilitating transactions for the entity or otherwise assisting the entity are subject to U.S. sanctions; sanctioned by the U.S. Department of State on August 29, 2014 pursuant to Executive Order 13382, freezing its assets under U.S. jurisdiction and prohibiting transactions with U.S. parties.

Designated by the Canadian government as an entity contributing to Iran's proliferation-sensitive nuclear activities or to its development of chemical, biological or nuclear weapons or their delivery systems; designation prohibits Canadian parties from providing goods or financial services to the entity or dealing in property held by the entity.

Listed by the Japanese government in 2017 as an entity of concern for proliferation relating to missiles and nuclear weapons.