South Korea

Ace Valves

Industry
Manufacturing
Country
South Korea
Sources

According to TNC Website, "Ace Valves South Korea is one of the major valve manufacturer in the South Korea. Ace Valves as South Korean manufacturer has a largest sales revenue of valve product with utmost world production technology in Europe, USA, GCC and successful presence in Iranian oil, gas and petrochemical projects since 2007." 

Korea Shipbuilding & Offshore Engineering Co., Ltd

Industry
Engineering
Country
South Korea
Sources

 

As of October 29, 2021, Korea Shipbuilding & Offshore Engineering Co, the parent company of Hyundai Heavy Industries, is listed on Pennsylvania Treasury's List of Scrutinized Companies Determined as Having Involvement In Iran because of oil-related investment of US $20 million since 1996.

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As of July 1, 2021, Korea Shipbuilding & Offshore Engineering Co is not listed on Mississippi's list of Companies Doing Business with the Iranian Petroleum/Natural Gas, Nuclear and Military Sectors.

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As of July 2020, KSOE, formerly Hyundai Heavy Industries, 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. 

Joong Ang Shipping Co Ltd

Industry
Shipping
Country
South Korea
Sources

According to publicly accessible ship-monitoring data, since January 1, 2016, vessels for which Joong Ang is the Operator and Group Owner have called at Iranian ports.

Response

"We already terminated all business activities associated with Iran since 8th May and we will continue
to respect decision of U.S. government." (7/26/2018)

JNK Heaters Co.

Industry
Manufacturing
Country
South Korea
Sources

As of June 8, 2020, JNK is listed on the Pennsylvania Department of General Services Iran Free Procurement List. Entities included on this list are ineligible to enter into a contract with the Commonwealth of Pennsylvania for goods and services worth at least $1,000,000 per sections 3501-3506 of the Commonwealth Procurement Code, 62 Pa. C.S. §§ 3501-3506.  

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As of August 1, 2019, JNK Heaters is listed as ineligible to enter into a contract with the Commonwealth due to Iran business relations. (Pennsylvania Department of General Services, "Iran Free Procurement List"). 

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JNK Heaters Co., Ltd. is listed as an exhibitor at the 23rd International Oil, Gas, Refining and Petrochemical Exhibition (“IOGRPE”), which took place at the Tehran International Permanent Fairground on May 6-9, 2018. (Iran Oil Show 2018 Website, “Exhibition”).

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In 2017 JNK Heaters was removed from Pennsylvania Treasury's List of Scrutinized Companies Determined as Having Involvement In Iran because "there is no recent evidence that indicates that the company meets criteria."

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In 2014, JNK Heaters 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.

Jeio Tech

Industry
Electronics
Country
South Korea
Sources

According to its company website, Jeio Tech has a distributor in Iran. 

Response

"We had a business with Ervin Danesh in before.
But Ervin Danesh hasn’t been contacted to us for long time(more than a year I remember)." (4/28/2017)

EUKOR Car Carriers Inc.

Industry
Shipping
Country
South Korea
Sources

According to publicly accessible ship-monitoring data, since January 1, 2016, vessels for which EUKOR is the Operator have called at Iranian ports.

Response

None of our other vessels have called in Iran since the M/V ASIAN MAJESTY in 2016. EUKOR Car Carriers is well aware that on May 8, 2018 the U.S. withdrew from the JCPOA and announced the re-imposition of secondary sanctions against Iran. Our company has a robust sanctions protocol in place which classifies Iran as a country for which sanctions screening is mandatory. (8/6/2018).

Dowin International Corp

Industry
Automotive
Country
Korea
Sources

Dowin International Corp (“Dowin”), was listed as a participant at the 16th International Exhibition of Transportation Urban Services & Related Industries (“ITUF”), which took place at the Tehran International Permanent Fairground from January 2-5, 2019. (ITUF 2019, “Exhibition Profile”).

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Dowin lists a distribution channel in Iran on its company website