Treasury Targets Network Procuring Missile Propellant Ingredients for Iran

WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is designating six entities and six individuals based in Iran and the People’s Republic of China (PRC) for their role in a network procuring ballistic missile propellant ingredients on behalf of Iran’s Islamic Revolutionary Guard Corps (IRGC). This network has facilitated the procurement of sodium perchlorate and dioctyl sebacate from the PRC to Iran. Sodium perchlorate is used to produce ammonium perchlorate, which is controlled by the Missile Technology Control Regime (MTCR), a multilateral political understanding among states that seek to limit the proliferation of missiles and missile technology. Both ammonium perchlorate and dioctyl sebacate are chemicals usable in solid propellant rocket motors, which are commonly used for ballistic missiles.