Helm AG is a Hamburg-based chemicals firm specializing in plastics, fertilizers, pharmaceuticals, and acids. The company has branches in over 30 countries and had a 2009 turnover of 5 million euros (Company Website).
Helm AG had previously been involved in the importation of Iranian petrochemicals to Europe, but announced in October of 2010 that they would be pulling out of the business. A company spokesman announced that "The company management decided there would be no more business with Iran - either directly or indirectly. The decision came into effect immediately and will not be revised in the immediate future" (Platts).