31 CFR § 561.330 - Petrochemical products.

Date issued: Mar. 15 2013

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TURBOFAC Commentary (318 words)

Notes Common to 516.318 and 561.319 and 561.330:

1) The definitions of "petroleum," "petroleum products" and "petrochemical products" are, within the IFSR, relevant only for the NDAA-based sanctions (561.203).

2) Compare with the guidance at FAQ # 323 JPOA Questions (removed).

Petrochemical products from Iran are defined in E.O. 13622 to include any aromatic, olefin, and synthesis gas, and any of their derivatives, including ethylene, propylene, butadiene, benzene, toluene, xylene, ammonia, methanol, and urea. Examples of such products include: butene, ethylhexanol, acetic acid, acrylonitrile butadiene styrene, alachlor, ammonium nitrate, ammonium sulfate, anhydrous ammonia, argon, butachlor, C2+, C3+, C4 cut, chlorinated paraffin, chlorine, chloracetyl chloride, citric acid, diammonium phosphate, diethanolamine, ethylene glycol, diethylene glycol, dioctyl phthalate,...