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| Property | Value | Lang | Source dataset | Source ID | First seen | ||
|---|---|---|---|---|---|---|---|
Company:country | tr | ir_uani_business_registry | ir-br-co-ddd651157fdb218a3e648e6e22c578687a2222fc | ||||
Company:id | a1c6821e7a2a40176dca5d6393d86102730064d4 | ir_uani_business_registry | ir-br-co-ddd651157fdb218a3e648e6e22c578687a2222fc | ||||
Company:name | Gubretas | ir_uani_business_registry | ir-br-co-ddd651157fdb218a3e648e6e22c578687a2222fc | ||||
Company:notes | In February 2011, Gubretas's chairman revealed that the company had been approached by Iranian companies for advice in evading US banking restrictions. Bloomberg reported that this solicitation concurred with Gubretas's plans to add 1 million tons of production capacity at its Iranian fertilizer plant. (http://www.bloomberg.com/news/2011-02-23/gubretas-say-turkey-draws-firms-to-invest-in-iran-milliyet-says.html) | ir_uani_business_registry | ir-br-co-ddd651157fdb218a3e648e6e22c578687a2222fc | ||||
Company:notes | According to the GÜBRETAŞ webpage, GÜBRETAŞ also has a big fertilizer production complex in Iran, with rich natural gas resources. Ammonia, urea and phosphoric acid can be produced in the facilities of this complex. (https://www.gubretas.com.tr/en/corporate/about-us-2/) | ir_uani_business_registry | ir-br-co-ddd651157fdb218a3e648e6e22c578687a2222fc | ||||
Company:notes | On March 13, 2019, the Mississippi Department of Finance & Administration identified Gubretas 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) | ir_uani_business_registry | ir-br-co-ddd651157fdb218a3e648e6e22c578687a2222fc | ||||
Company:notes | As of July 2020, Gubre remains on the Pennsylvania Treasury's List of Scrutinized Companies Determined as Having Involvement In Iran because of oil-related investment of US $20 million since 1996. (https://www.patreasury.gov/pdf/divestment/2020-Annual-Divestment-Report.pdf) | ir_uani_business_registry | ir-br-co-ddd651157fdb218a3e648e6e22c578687a2222fc | ||||
Company:notes | As of October 2019, Gubretras remains on the Pennsylvania Treasury's List of Scrutinized Companies Determined as Having Involvement In Iran because of oil-related investment of US $20 million since 1996. (https://www.patreasury.gov/pdf/divestment/2019-Annual-Divestment-Report.pdf) | ir_uani_business_registry | ir-br-co-ddd651157fdb218a3e648e6e22c578687a2222fc | ||||
Company:notes | Gubretas, full name Gubre Fabrikalari TAS, is a Turkish chemical fertilizer company, and describes itself as "one of the biggest industrial corporations in Turkey." In addition to manufacturing and trading all types of fertilizer, it also provides port service to assist in their transportation and export (Company Website). (http://www.gubretas.com.tr/EN/ABOUT/default.asp) | ir_uani_business_registry | ir-br-co-ddd651157fdb218a3e648e6e22c578687a2222fc | ||||
Company:notes | In 2016 Tennessee used the South Carolina list of "Entities Ineligible to Contract with the State of South Carolina or any Political Subdivision of the State per the Iran Divestment Act of 2014, S.C. Code Ann." as its list of persons it determines engage in investment activities in Iran. Gubretras was included on this list in 2016. "Inclusion on this list would make a person ineligible to contract with the state of Tennessee, if a person ceases its engagement in investment activities in Iran, it may be removed from the list." (https://www.tn.gov/content/dam/tn/generalservices/documents/cpo/cpo-library/public-information-library/List%20of%20persons%20pursuant%20to%20Tenn.%20Code%20Ann.%2012-12-106%20Iran%20Divestment%20Act.pdf) | ir_uani_business_registry | ir-br-co-ddd651157fdb218a3e648e6e22c578687a2222fc | ||||
Company:notes | Gubre Fabrikalari 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) | ir_uani_business_registry | ir-br-co-ddd651157fdb218a3e648e6e22c578687a2222fc | ||||
Company:notes | In 2011, Gubretras was added to the Pennsylvania Treasury's List of Scrutinized Companies Determined as Having Involvement in Iran because of oil-related investment of US $20 million since 1996. (https://www.patreasury.gov/pdf/divestment/2011-Annual-Divestment-Report-print.pdf) | ir_uani_business_registry | ir-br-co-ddd651157fdb218a3e648e6e22c578687a2222fc | ||||
Company:notes | "Turkish hotels and travel agents reported a sharp jump in bookings from Iranian tourists this week while traders in Istanbul's famed bazaar said more Iranian businessmen have been buying Turkish goods in bulk to sell back home. The pickup in activity immediately after Iran won relief from international sanctions in a nuclear agreement over the weekend signaled that Turkey's slowing economy may be among the first to reap economic benefits from the deal. Companies and merchants anticipate the once-burgeoning trade between the neighboring countries will thrive again…The nuclear agreement also allows Iran to resume exporting and importing some gold and precious metals—an industry that could generate $1.5 billion in government revenues for Tehran, according to the U.S. It also suspends some sanctions on auto and petrochemical exports…For Turkish companies with operations inside Iran, the interim deal is already bringing benefits. Turkish fertilizer producer Gubre Fabrikalari, or Gubretas, which has a 49% stake in the Razi Petrochemical Company, Iran's largest fertilizer production facility, saw its stock rise as much as 7.3% after the deal was announced. 'The deal is definitely positive for us. We used to experience logistical problems when transferring our products due to petrochemical sanctions,' said Huseyin Karakus, investment-relations manager at Gubretas. 'We're already seeing our operation costs decline and we hope money transfers will be easier.'" (Wall Street Journal, "Turkey Expects Boon to Trade With Iran from Nuclear Deal Easing Sanctions," 11/28/13) (http://online.wsj.com/news/articles/SB10001424052702304017204579225742262126908) | ir_uani_business_registry | ir-br-co-ddd651157fdb218a3e648e6e22c578687a2222fc | ||||
Company:notes | In 2020, the U.S. state of Mississippi listed Gubretas 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) | ir_uani_business_registry | ir-br-co-ddd651157fdb218a3e648e6e22c578687a2222fc | ||||
Company:notes | On January 20, 2020, Minnesota SBI listed Gubretas as a scrutinized investment. The managers are explicitly instructed to refrain from purchasing securities on this list. (https://www.leg.state.mn.us/docs/2020/mandated/200121.pdf) | ir_uani_business_registry | ir-br-co-ddd651157fdb218a3e648e6e22c578687a2222fc | ||||
Company:notes | As of December 2020, Rhode Island continues to list Gubretas an Iran scrutinized company for active involvement of at least $50 million in Iran's energy sector. Gubretas maintains a 48.88 percent controlling interest in the Iran-based Razi Petrochemical Co. (http://data.treasury.ri.gov/dataset/c56b9795-4c0b-4749-80a8-78418efc1492/resource/9d4e0eae-3bb0-4ed2-977a-db21ad57ea96/download/RhodeIslandIranContract2020.xlsx) | ir_uani_business_registry | ir-br-co-ddd651157fdb218a3e648e6e22c578687a2222fc | ||||
Company:notes | In 2017 the U.S. state of Minnesota, Pennsylvania, Mississippi, Rhode Island, South Carolina, and Tennessee listed Iran on its restricted companies list rendering Gubretas ineligible for investment and/or state contracting. (https://www.leg.state.mn.us/docs/2017/mandated/170167.pdf) (https://www.patreasury.gov/pdf/divestment/2017-Annual-Divestment-Report.pdf) (http://www.dfa.ms.gov/media/4100/companies-posted.pdf) (http://data.treasury.ri.gov/dataset/scrutinzed-companies-list-iran/resource/6936d293-53b5-4223-8f6d-36777bf91c6d) (https://procurement.sc.gov/files/Iran_divestment_122017.pdf) (https://www.tn.gov/content/dam/tn/generalservices/documents/cpo/cpo-library/public-information-library/List_of_persons_pursuant_to_Tenn._Code_Ann._12-12-106_Iran_Divestment_Act_updated_7.7.17.pdf) | ir_uani_business_registry | ir-br-co-ddd651157fdb218a3e648e6e22c578687a2222fc | ||||
Company:notes | Gübretaş subsidiary RaIntrade Petrochemical Co. (“RaIntrade”)3 – whose “core business segments” are “[a]mmonia, fertilizers, [and] petrochemicals” – apparently trades Iranian-origin petrochemical products, notably from the Razi Petrochemical Complex at the Iranian port of Bandar Imam Khomeini. LPG Tanker GAS CAT (IMO: 8818843) recently transported sanctioned petrochemical products apparently supplied by RaIntrade from the Razi Petrochemical Complex arriving at Port of Dahej, India on January 27, 2019... According to the RaIntrade Website, RaIntrade is the “exclusive global marketer of Razi Petrochemical Co. Products.” Moreover, Razi Petrochemical Co. is itself a subsidiary of Gübretaş, according to the 2015 Annual Report of RaIntrade’s ultimate parent, Gübretaş. (http://www.gubretas.com.tr/Files/2015FAALIYET/en/assets/gubretas_fr15_yonetim_kurulu_faaliyet_raporu_en.pdf) | ir_uani_business_registry | ir-br-co-ddd651157fdb218a3e648e6e22c578687a2222fc | ||||
Company:notes | In 2018 Tennessee used the New York list of “Entities determined to be non-responsive bidders/offerers pursuant to the New York State Iran Divestment Act of 2012.” BPCL was included on this ist in 2018. Tennessee states "Inclusion on this list would make a person ineligible to contract with the state of Tennessee, if a person ceases its engagement in investment activities in Iran, it may be removed from the list." | ir_uani_business_registry | ir-br-co-ddd651157fdb218a3e648e6e22c578687a2222fc | ||||
Company:sector | Agriculture, Chemicals | ir_uani_business_registry | ir-br-co-ddd651157fdb218a3e648e6e22c578687a2222fc | ||||
Company:sourceUrl | https://www.unitedagainstnucleariran.com/company/gubretas | ir_uani_business_registry | ir-br-co-ddd651157fdb218a3e648e6e22c578687a2222fc | ||||
Company:ticker | TI:GUBRF | ir_uani_business_registry | ir-br-co-ddd651157fdb218a3e648e6e22c578687a2222fc | ||||
Company:topics | export.risk | ir_uani_business_registry | ir-br-co-ddd651157fdb218a3e648e6e22c578687a2222fc | ||||
Company:website | http://www.gubretas.com.tr/EN/INDEX/default.asp | ir_uani_business_registry | ir-br-co-ddd651157fdb218a3e648e6e22c578687a2222fc | ||||