Sinopec Engineering

On May 15, 2020, the IPERS identified SEG on its Iran Prohibited Companies List.    (https://www.ipers.org/sites/default/files/IPERS%27 Iran Prohibited Companies 2Q20.pdf)

Sinopec Engineering is listed on the June 4, 2019 and July 12, 2019 Florida State Board of Administration list of prohibited investments (Scrutinized companies) for Iran related business. (https://www.sbafla.com/fsb/Portals/FSB/Content/Performance/Quarterly/2019_06_04_Web_Update_PFIA_Prohibited_List.pdf?ver=2019-06-04-162911-617) (https://www.sbafla.com/fsb/Portals/FSB/Content/Performance/Quarterly/2019_07_12_Web_Update_PFIA_Prohibited_List.pdf?ver=2019-07-12-114201-343)

In 2019 Sinopec Engineering was listed on the Texas Comptroller List of Companies Engaging in Scrutinized Business Operations in Iran.   (https://comptroller.texas.gov/purchasing/publications/divestment.php)

In January 2020, Sinopec Engineering was added to the Pennsylvania Treasury's List of Scrutinized Companies for new involvement in Iran identified in 2020.  (https://www.patreasury.gov/pdf/divestment/2020-Annual-Divestment-Report.pdf)

As of May 28, 2020, the Florida State Board of Administration (“SBA”) continues to list SEG on its list of “Scrutinized companies with Activities in the Iran Petroleum Energy Sector. (https://www.sbafla.com/fsb/Portals/FSB/Content/GlobalGovernanceMandates/QuarterlyReports/2020/Global_Governance_Mandates_and_Florida Statutes_2020_05_28.pdf?ver=2020-05-28-122524-540)

Sinopec Engineering is listed as a prohibited company in the March 2020 and March 2021 Report to the New Jersey Legislature Iran Divestment Act.  (https://web.archive.org/web/20201016170109/https://www.nj.gov/treasury/doinvest/pdf/index/Iran_Progress_Report.pdf) (https://www.nj.gov/treasury/doinvest/pdf/index/Iran_Progress_Report.pdf)

On March 13, 2019, the Mississippi Department of Finance & Administration identified SEG as a company “engaged in investment activities in Iran, providing funds, goods or services valued at $20,000,000 or more in the energy sector of Iran.”  (https://www.dfa.ms.gov/media/8124/businesses-doing-business-with-iran.pdf)

"International oil services companies are scrambling to win contracts worth tens of billions to repair and modernize Iran's oil refineries once sanctions are removed, with officials even laying on bus tours for visiting foreign executives. Officials from Iran's oil refining company NIORDC, its National Petrochemical Company and the privately owned Persian Oil and Gas are holding talks with services firms to clinch projects to repair Iran's derelict refining and petrochemical sector... Oil services companies that had been active in building refineries in Iran prior to the sanctions, including Australia’s WorleyParsons, France’s Technip and Axens, South Korea's Daelim and China's Sinopec Engineering were all interested in resuming business in the country, the sources said. The companies declined to discuss whether they are meeting in Iran." (Reuters, “Foreign firms scramble to fix Iran's refineries once sanctions end,” 8/17/2015) (http://www.reuters.com/article/us-iran-refineries-idUSKCN0QM1BT20150817)

As of December 31, 2019, the Alaska Retirement Management Board lists SEG as a company doing material business with Iran.   (https://treasury.dor.alaska.gov/Portals/3/docs/resolutions/ARMB Iran Divestment List 12-31-19.pdf)

As of December 2020, Rhode Island continues to list Sinopec Engineering as having active investment in Iran's energy sector of at least greater than $50 million. (http://data.treasury.ri.gov/dataset/c56b9795-4c0b-4749-80a8-78418efc1492/resource/9d4e0eae-3bb0-4ed2-977a-db21ad57ea96/download/RhodeIslandIranContract2020.xlsx)

Sinopec Engineering is listed in the March 1, 2019, Report to the New Jersey Legislature Iran Divestment Act.  (https://www.nj.gov/treasury/doinvest/pdf/index/Iran_Progress_Report.pdf)

Sinopec Engineering is listed on the June 2019 Alaska Retirement Management Board, Companies Doing Material Business with Iran list. (http://treasury.dor.alaska.gov/Portals/3/docs/resolutions/ARMB%20Iran%20Divestment%20List%206-30-19.pdf)

As of March 2, 2020, SEG is included as a company on the prohibited list report to the New Jersey Legislature (https://www.state.nj.us/treasury/doinvest/pdf/index/Iran_Progress_Report.pdf)

On June 1, 2020, the Ohio Police & Fire Pension Fund (“OP&F”) listed SEG on its scrutinized companies Iran/Sudan list. (https://www.op-f.org/Files/Scrutinized Companies Iran Sudan.pdf)

Sinopec Engineering is listed on the 4Q 2020 Minnesota State Board of Investment List of Unauthorized (Scrutinized) Iran Companies. (https://www.lrl.mn.gov/docs/2021/mandated/210295.pdf)

As of May 17, 2021, Iowa's Public Employee's Retirement System lists Sinopec Engineering on its Iran Scrutinized Companies List. (https://www.ipers.org/sites/default/files/IPERS%27%20Iran%20Prohibited%20Companies%202Q21.pdf)

In 2020, the U.S. state of Mississippi listed Sinopec Engineering on its state lists of Companies Doing Business with the Iranian Petroleum/Natural Gas, Nuclear and Military Sectors, rendering it ineligible for investment and/or state contracting. (https://www.dfa.ms.gov/media/sd1ccddh/businesses-doing-business-with-iran-12-4.docx)

On January 20, 2020, Minnesota SBI listed SEG as a scrutinized investment. The managers are explicitly instructed to refrain from purchasing securities on this list. ied SEG on its Iran Prohibited Companies List.    (https://www.leg.state.mn.us/docs/2020/mandated/200121.pdf)

Sinopec Engineering is listed on the March 2019 Alaska Retirement Management Board, Companies Doing Material Business with Iran list. (http://treasury.dor.alaska.gov/Portals/3/docs/resolutions/ARMB%20Iran%20Divestment%20List%203-31-19.pdf)

On March 18, 2014, Sinopec Engineering was added to the Florida State Board of Administration List of Prohibited Investments (Scrutinized Companies) due to its involvement in Iran. As of March 9, 2021, Sinopec Engineering remains on the SBA list of prohibited investments.  (https://www.sbafla.com/fsb/Portals/FSB/Content/Performance/Quarterly/2021_03_09_Web_Update_PFIA_Prohibited_List.pdf?ver=2021-03-09-134849-587)