KHD Humboldt Wedag
KHD has maintained a presence in the Iranian market for many years and currently lists an office in Tehran, Iran, indicating its intention to continue its presence in the Iranian market. (KHD Website, “Contacts”).
In correspondances with the SEC, HWG disclosed few details regarding their business in Iran
“HWG maintains a branch office in Iran that is dedicated to meeting the service requirements of existing customers in that region, primarily through the provision of spare parts. Its involvement in Iran has primarily consisted of the provision of product upgrades and spare parts, such as thrust rollers, spring elements and rotary kilns, and some equipment supply, including the supply of clinker production lines, cement production lines and cement plant equipment, primarily for entities involved in the cement industry.” (CORRESP for KHD HUMBOLDT WEDAG INTERNATIONAL LTD, 1/7/2010)
“The Company currently engages in business, primarily the provision of spare parts, with companies located in Iran.” (CORRESP for KHD HUMBOLDT WEDAG INTERNATIONAL LTD, 10/29/2009)