AHWAZ STEEL COMMERCIAL&TECHNICAL SERVICE GMBH ASCOTEC
Sanctioned entityGermany. Named in 6 sanctions listings.
Summary
(also AHWAZ STEEL COMMERCIAL AND TECHNICAL SERVICE GMBH ASCOTEC, AHWAZ STEEL COMMERCIAL&TECHNICAL SERVICE GMBH ASCOTEC, ASCOTEC GMBH)
Ascotec Group notes on its website that "We are delighted to act as a main technical and commercial link between the Iranian Mines and Metals Industry and its clients and suppliers around the world. Through our business we continuously strive to uphold and strengthen these links." (https://www.ascotec.com/about-us/facts/)
all offices worldwide
In 2017, the U.S. state of Mississippi listed Ascotec on its state lists of Companies Doing Business with the Iranian Petroleum/Natural Gas, Nuclear and Military Sectors, rendering Ascotec ineligible for investment and/or state contracting. (http://www.dfa.ms.gov/media/4100/companies-posted.pdf)
"Mohaddessin said that maraging steel, which has twice the strength of stainless steel and is 85 percent harder than pure titanium, was needed to be used as very strong casing to allow an initial explosion inside the bomb to take place in a closed area for maximum power. That, he said, could cause a chain reaction and ultimately trigger a nuclear detonation.Tehran has also been using a number of front companies to illegally purchase maraging steel and other banned materials in other countries, he said.“These front companies are ostensibly non-Iranian, but their personnel are completely affiliated with the regime”.Mohaddessin said ASCOTEC, a subsidiary of the Organisation for the Development and Rebuilding of Iran's Mines and Industries, was one such front company." (Iran Focus, "Iran Secretly acquiring super-strong steel for nuclear bomb", 7/28/2005) (http://www.iranfocus.com/modules/news/article.php?storyid=3009)
Ascotec Holding GmbH has a Tehran branch at No. 142. West Lavasani St., Farmanieh, Tehran, Iran. (https://www.ascotec.com/contact/)
(also AHWAZ STEEL COMMERCIAL&TECHNICAL SERVICE GMBH ASCOTEC, ASCOTEC GMBH, ASCOTEC HOLDING GMBH)
(also AHWAZ STEEL COMMERCIAL AND TECHNICAL SERVICE GMBH ASCOTEC, AHWAZ STEEL COMMERCIAL&TECHNICAL SERVICE GMBH ASCOTEC, ASCOTEC HOLDING GMBH)
Ascotec is a wholly owned subsidiary of theIMIDRO (Irainian Mines and Mining Industries Developmentand Renovation Organization. "Supply OF: Raw Materials, Spare Parts , Machinaries, spcially for IMIDRO Group."(Company Website) (http://www.ascotec.com/)
In 2020, the U.S. state of Mississippilisted Ascotec on its state lists of Companies Doing Business with the Iranian Petroleum/Natural Gas, Nuclear and Military Sectors, rendering ADKL ineligible for investment and/or state contracting. (https://www.dfa.ms.gov/media/sd1ccddh/businesses-doing-business-with-iran-12-4.docx)
As of April 26, 2022, Ascotec is on the US Treasury Department's OFAC Specially Designated National list. (https://sanctionssearch.ofac.treas.gov/Details.aspx?id=11608)
(also AHWAZ STEEL COMMERCIAL AND TECHNICAL SERVICE GMBH ASCOTEC, ASCOTEC GMBH, ASCOTEC HOLDING GMBH)
NEW & FR NOTICE
Sanctions and listings6
- Listed
- 27 Jul 2012
Reciprocal
OFACUS SAM Procurement ExclusionsUnited StatesActive
Prohibition/Restriction
Redacted for Security Reasons
- Listed
- 27 Jul 2012
Reciprocal
OFACUS SAM Procurement ExclusionsUnited StatesActive
Prohibition/Restriction
Redacted for Security Reasons
- Effective
- 17 Nov 2003
- Ended
- 17 Nov 2005
BIS Denied Persons List (DPL) - Denied Persons List (DPL) - Bureau of Industry and Security
Denied Persons List (DPL) - Bureau of Industry and Security; Department of the Commerce - International Trade AdministrationUS Trade Consolidated Screening List (CSL)United States
Programme US-BIS-DPLReference 68 F.R. 67148 12/1/03bis.govtrade.govbis.gov
- Listed
- 3 Aug 2010
Iran Sanctions - IRAN
Office of Foreign Assets ControlUS OFAC Specially Designated Nationals (SDN) ListUnited States
IRAN and block
Additional Sanctions Information: Subject to Secondary Sanctions
Executive Order 13599 (Iran)
Programme US-IRANReference 11608treasury.govofac.treasury.gov
- Listed
- 27 Jul 2012
Reciprocal
OFACUS SAM Procurement ExclusionsUnited StatesActive
Prohibition/Restriction
Redacted for Security Reasons
- Listed
- 27 Jul 2012
Reciprocal
OFACUS SAM Procurement ExclusionsUnited StatesActive
Prohibition/Restriction
Redacted for Security Reasons
Identifiers3
| Identifier | Number | Issued by |
|---|---|---|
| ID number | HRB 26136 | |
| Registration number | HRB 26136 | |
| Registration ID | HRB 26136 | Germany |
Other names6
Also known as4
Previously known as2
Names the source records this subject as having used before.
Addresses2
TERSTEEGENSTR. 10, 40474 DUSSELDORF
Tersteegen Strasse 10, 40474 Dusseldorf
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