Statements: Marquard & Bahls AG

Canonical ID: ir-br-co-01d3059f1930dd9db7c47118ee40a388667d2e2b · Entity type: Company (reference)

PropertyValueLangSource datasetSource IDFirst seen
Company:countrydeir_uani_business_registryir-br-co-01d3059f1930dd9db7c47118ee40a388667d2e2b
Company:id9c0320a3c652efef4877759a88fc80b8ebd24624ir_uani_business_registryir-br-co-01d3059f1930dd9db7c47118ee40a388667d2e2b
Company:nameMarquard & Bahls AGir_uani_business_registryir-br-co-01d3059f1930dd9db7c47118ee40a388667d2e2b
Company:notesECT stores chemicals and hydrocarbons, including naphtha, linear alkyl benzene and n-hexane, for distribution in Iran and for export to Asia and Europe.  To our knowledge, ECT’s activities are in compliance with applicable U.S., European Union or United Nations sanctions laws.  ECT pays routine and standard charges (i) to the Petrochemical Special Economic Zone Organization (“Petzone”) for the use of pipelines and (ii) to the National Petrochemical Company (“NPC”), which operates the berth.  Petzone is a subsidiary of NPC, which is owned and controlled by the Government of Iran. As Oiltanking GmbH has no direct involvement in the day-to-day operations of ECT, we have no information regarding ECT’s intent to continue or not continue making the payments described above."ir_uani_business_registryir-br-co-01d3059f1930dd9db7c47118ee40a388667d2e2b
Company:notesAccording to an Annual Report filed with Enterprise Product Partners "M&B owns and controls Oiltanking GmbH, which in turn owns a joint venture interest in the Exir Chemical Terminal (“ECT”) in Iran via its wholly owned affiliates Oiltanking ME Holding GmbH (formerly named Oiltanking Iran GmbH) and OMEA GmbH.  This interest results from an investment dating back to 2002.  Oiltanking GmbH currently has the contractual right to vote for the appointment of two members of ECT’s three-member board.  Oiltanking GmbH provides no goods, services, technology, information or support to ECT and plays no role in the management or day-to-day operations of ECT. (https://www.sec.gov/Archives/edgar/data/1061219/000106121918000016/form10q.htm)ir_uani_business_registryir-br-co-01d3059f1930dd9db7c47118ee40a388667d2e2b
Company:sectorEnergyir_uani_business_registryir-br-co-01d3059f1930dd9db7c47118ee40a388667d2e2b
Company:sourceUrl https://www.unitedagainstnucleariran.com/company/marquard-bahls-agir_uani_business_registryir-br-co-01d3059f1930dd9db7c47118ee40a388667d2e2b
Company:topicsexport.riskir_uani_business_registryir-br-co-01d3059f1930dd9db7c47118ee40a388667d2e2b
Company:website https://www.marquard-bahls.com/en/home.htmlir_uani_business_registryir-br-co-01d3059f1930dd9db7c47118ee40a388667d2e2b
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