Noorzad Petrokimya
Istanbul petrochemical trader sanctioned by the US in October 2026 for buying Iranian products.
The US designated Noorzad Petrokimya, an Istanbul petrochemical trader, on 8 October 2026. The State Department says it bought about $3.8 million of Iranian-origin petrochemical products from January to July 2024.
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Noorzad Petrokimya is an Istanbul petrochemical trading company. OFAC records its legal name as Noorzad Petrokimya Urunleri Nakliye Sanayi ve Ticaret Limited Sirketi, with three Istanbul addresses and an establishment date of 7 January 2019. Said Ahmad Noorzad, a Turkish national, is its director and chief executive.
Washington blacklisted the company and blocked Said Ahmad Noorzad on 8 October 2026, citing Executive Order 13846. The State Department says the company imported and bought about $3.8 million of Iranian-origin petrochemical products between January and July 2024.
Firm and owner made up the Turkish strand of an 8 October package covering six individuals, 27 companies and 22 ships. Washington placed it under Operation Economic Outcast, its sanctions push on Iran's energy and petrochemical exports.
Why did the US sanction Noorzad Petrokimya?
Who runs Noorzad Petrokimya?
Written with AI from Lowdown's published reporting. Not individually reviewed by an editor. Updated 18 October 2026. Editorial standards.