Engineering

"The company was reported as potentially selling pump products in Iran. In 2018 CalPERS designated the company as under review. In 2019 CalPERS changed the designation to “being monitored” because CalPERS’ initial screening has not identified the company as having involvement in the regions and/or activities targeted by the Act. CalPERS has maintained the company in “monitor” status for 2020. CalPERS continues to monitor the company for possible changes in status relevant to the Act."

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In 2015, CalSTRS designated Sulzer AG as “Under Review” for potentially having ties to Iran. In 2016, CalSTRS designated Sulzer AG as “Being Monitored” while conducting further review of the company’s internal controls and compliance programs and maintained that designation in 2017. In 2018, CalSTRS removed Sulzer AG from the “Being Monitored“list after reviewing internal controls and receiving confirmation the company ceased doing business in Iran. In 2019 CalPERS changed the designation to “being monitored” because CalPERS’ initial screening has not identified the company as having involvement in the activities targeted by the Act. CalPERS will continue to assess and/or monitor the company for possible changes in status relevant to the Act.

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Sulzer's Middle East contact is listed as an attendee at the Focus Iran Summit & Exhibition that took place from September 26-27, 2016, in Tehran, Iran. (Participating Companies)

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"The Swiss newspaper Sonntag reported that engineering group Sulzer (SUN.S) had since 2009 conducted much less business there than in previous years, citing a company spokeswoman. Sulzer was not immediately available for comment." (Reuters, "ABB, other Swiss firms halting Iran business," 1/31/10)

Specializes in chemical and process pumps, side channel pumps, liqued ring vacuum pumps and compressors, engineered packages. Has presence in Iran. (Matthias Kuntzel, "Who is Who in German Trade With Iran")

Specializes in Motion Centric Automation products. Works in Iran through the Tavan Ressan Co. (Lenze Website, "Middle East")

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Lenze SE subsidiary Lenze Italia S.r.l. (“Lenze Italia”) was listed as an exhibitor at the 17th Iran International Electricity Exhibition (“IEE”) – sponsored by the Iranian Ministry of Energy – which took place in Tehran, Iran on November 4-7, 2017. (IEE Website, “The 17th Iran International Electricity Exhibition;” Iran Fair Website, “Information Participants 2017-2018 [The 17th Iran International Electricity Exhibition]”).

Listed as an approved vendor in Iran by NIOEC, NPC, POGC, SADAF and IOOC.

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Company specializes in design and production of valves and control systems for heat and process fluid control. Mechanical vendor for Iran's National Petrochemical Company. (NIPC Website, "Vendor List")

GEA Middle East (“GEA”) is listed as an exhibitor at the 23rd International Oil, Gas, Refining and Petrochemical Exhibition (“IOGRPE”), which will take place at the Tehran International Permanent Fairground on May 6-9, 2018. (Iran Oil Show 2018 Website, “Exhibition”).

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Multi-industry company specializing in system providers for food and energy. According to its website, GEA's subsidiary, GEA Energietechnik won a major contract in Iran to build air-cooled condensation plants for power stations. This contract is worth approximately €31 million. (GEA Website, Press Release, "GEA wins major contracts from Australia and Iran" 12/14/2004) 

Kiswel attended Iran’s 19th annual international oil and gas show between May 6-9. (Press TV, “Foreign firms rushing towards Iran's oil market,” 5/6/14) 

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"Foreign firms dealing with Iran's oil and gas sector admit that severe Western sanctions are taking their toll on business, despite Tehran talking up its ambitions at the opening of an international industry exhibition this week. The International Oil, Gas, Refining and Petrochemical Exhibition, held in northern Tehran, was three-quarters filled by Iranian companies working at every level of the industry, from the biggest to ones involved in peripheral activities such as instruments, quality inspections and oil barrel manufacturing. There were 315 foreign stands, down from the 496 present at last year's trade show. Some of the biggest foreign companies that had been major partners in the industry, such as the Anglo-Dutch group Shell and Italy's ENI, were not present. Others, such as the China Petroleum Technology and Development Corporation, the French-Iranian joint venture Beh Total and Norway's Statoil, did have stands -- but representatives there told AFP they had been instructed by their bosses to give no comments at all to journalists...Seung-Hwan Jung, an export manager for Kiswel, a South Korean welding parts firm partnered for years with an Iranian company, was one of the few foreigners to speak on the record. His company's dealings with the country were "good" but were hobbled by the "political problems," he said. Stepping in to fill a vacuum left by departing German companies, Kiswel has doubled its Iran earnings projection to $1.5 million compared to last year, he said. 'We want to be number one in the market, up from maybe 3rd of 4th last year," he said. He added: "Iran can't do everything by itself. It needs reserves from other countries.'" (Agence France-Press, "Foreign firms say times tough in Iran's energy sector," 4/18/12)

Iranian company Jarf Sanat Co. Ltd, which, according to its website, is the “solo official representative in Iran on all product range of John Crane Company.” (http://www.jarfsanat.ir/index.php/).

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John Crane is a subsidiary of Smiths Group PLC

""Foreign firms dealing with Iran's oil and gas sector admit that severe Western sanctions are taking their toll on business, despite Tehran talking up its ambitions at the opening of an international industry exhibition this week. The International Oil, Gas, Refining and Petrochemical Exhibition, held in northern Tehran, was three-quarters filled by Iranian companies working at every level of the industry, from the biggest to ones involved in peripheral activities such as instruments, quality inspections and oil barrel manufacturing. There were 315 foreign stands, down from the 496 present at last year's trade show. Some of the biggest foreign companies that had been major partners in the industry, such as the Anglo-Dutch group Shell and Italy's ENI, were not present. Others, such as the China Petroleum Technology and Development Corporation, the French-Iranian joint venture Beh Total and Norway's Statoil, did have stands -- but representatives there told AFP they had been instructed by their bosses to give no comments at all to journalists...Companies trading in services or equipment from Europe, the United States and Japan were having the most difficulty, they said. Other Asian companies were doing somewhat better. Big foreign groups seeking to be repaid for credit or services extended to Iran were having to convert the debt into deliveries of oil or gas -- in some cases to the tune of hundreds of millions of dollars -- because of the impossibility for Iran to transfer hard currency to them. A representative at an exhibition stand for John Crane, a subsidiary of the British-based industrial technology group Smiths that sells engineering parts to the gas and oil industry, said his company had been forced to stop supplying certain hi-tech valves manufactured in the United States, Britain and Japan." (Agence France-Press, "Foreign firms say times tough in Iran's energy sector,"  4/18/12)

 Listed on the U.S. state of North Carolina's Iran scrutinized companies list rendering it ineligible for state investment and/or contracting.

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“Sources in China close to the talks say Islamic Republic of Iran Shipping Lines (IRISL) and Dalian Shipbuilding Industry Co (DSIC) are likely to shake hands soon on a six-ship order for a string of 14,500-teu containerships of DSIC’s own new design.”  (Trade Winds, “Iranian giants planning newbuild blitz in China,” 5/27/2016).  

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"Dalian Shipbuilding Industry Offshore Co. Ltd (DSIC) is likely to join [a] fleet expansion program of tow [of] Iran’s state-owned operators National Iranian Tanker Company (NITC) and Islamic Republic of Iran Shipping Lines (IRISL).  Executives of DSIC have visited the operators several times since last January and negotiations are ongoing regarding construction of tanker and containership……." (KOMEC-Korea Marine Equipment Global Service Center, “DSIC to join Iran’s NB program,” 3/15/2016).   

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"Under a $1.2 billion contract, Waigaoqiao Shipbuilding Co Ltd, a unit of China CSSC Holdings Ltd, and Dalian Shipbuilding Industry Co. Ltd plan to deliver 12 supertankers by the end of 2013 to NITC, which would boost the capacity of its fleet by nearly 40 percent to around 86 million barrels." (Reuters, "China delivers first of new Iranian oil tankers," 9/27/2012)

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"NITC ordered the 12 vessels to be built at Waigaoqiao Shipbuilding Co Ltd, a China CSSC Holdings Ltd unit based in financial hub Shanghai, and Dalian Shipbuilding Industry Co. Ltd, based in the northeastern port of Dalian." (Reuters, "Iran to expand oil tanker fleet ahead of sanctions," 4/13/2012)

Waigaoqiao is a unit of China Shipbuilding Industry Co Ltd (China CSSC Holdings Ltd).

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"The very large crude carrier (VLCC) left Waigaoqiao Shipbuilding on Sept. 18. It was initially due to sail to Iran
in May, but the sanctions delayed its delivery... Under a $1.2 billion contract, Waigaoqiao Shipbuilding Co Ltd, a unit of China CSSC Holdings Ltd, and Dalian Shipbuilding Industry Co. Ltd plan to deliver 12 supertankers by the end of 2013 to NITC, which would boost the capacity of its fleet by nearly 40 percent to around 86 million barrels." (Reuters, "China delivers first of new Iranian oil tankers," 9/27/2012)

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"An Iranian oil shipper's $100 million tanker, on order from China, is nearly ready to sail the high seas. But it's turning out to be a mystery ship.

The National Iranian Tanker Co., a private company that records show ordered the tanker three years ago for its fleet, has acknowledged it ordered the ship but is now trying to distance itself from its ownership. The ship's Chinese state-owned builder, Shanghai Waigaoqiao Shipbuilding Co., dismisses any link with Iran or NITC.

The fog around the new tanker shows the high level of secrecy companies are imposing on their business with Iran these days—especially in the oil sector—in the face of heightened pressure to squeeze Iran economically...The sanctions have scared away many foreign oil shippers, leaving Tehran increasingly reliant on NITC to export the country's economic lifeblood.

Until now, the company had been spared by the restrictions. But political and legal pressure from governments and groups such as New York-based United Against Nuclear Iran is building for companies to cut their links to the tanker company."  (Wall Street Journal, "Mystery Ship Underlines Pain Tehran Faces Over Sanctions," 6/21/12)

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"NITC ordered the 12 vessels to be built at Waigaoqiao Shipbuilding Co Ltd, a China CSSC Holdings Ltd unit based in financial hub Shanghai, and Dalian Shipbuilding Industry Co. Ltd, based in the northeastern port of Dalian." (Reuters, "Iran to expand oil tanker fleet ahead of sanctions," 4/13/2012)

On its website, KCC lists a branch office in Tehran, Iran. (KCC Website, "Global Networks")